3D Systems (DDD) Gains But Lags Market: What You Should Know

3D Systems (DDD) closed at $27.67 in the latest trading session, marking a +0.36% move from the prior day. The stock lagged the S&P 500's daily gain of 1.15%.

Prior to today's trading, shares of the maker of 3D printers had lost 15.01% over the past month. This has lagged the Computer and Technology sector's loss of 6.41% and the S&P 500's loss of 4.67% in that time.

Wall Street will be looking for positivity from DDD as it approaches its next earnings report date. The company is expected to report EPS of $0.03, up 200% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $145.4 million, up 7.59% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.39 per share and revenue of $588.35 million, which would represent changes of +454.55% and +6.09%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for DDD. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. DDD is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, DDD currently has a Forward P/E ratio of 70.69. This valuation marks a premium compared to its industry's average Forward P/E of 17.24.

Investors should also note that DDD has a PEG ratio of 1.4 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. DDD's industry had an average PEG ratio of 1.15 as of yesterday's close.

The Computer - Mini computers industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 19, which puts it in the top 8% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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