3d Systems Stock Intrinsic Value – Zacks Research Forecasts 3D Systems Co.’s FY2023 Earnings
December 17, 2023
🌥️Trending News
Zacks Research recently conducted an in-depth analysis and released their forecast of 3D ($NYSE:DDD) Systems Co.’s earnings for Fiscal Year 2023. 3D Systems Co. is a leader in the 3D printing industry and is the largest 3D printing and digital manufacturing solutions provider in the world. 3D Systems Co.’s products and services are helping to advance the 3D printing revolution in many sectors, including manufacturing, healthcare, aerospace, automotive, defense, educational services, entertainment, and more. Their offerings include 3D printers, 3D scanners, 3D software, as well as on-demand manufacturing services. Through their comprehensive portfolio of 3D solutions and products, 3D Systems provides companies with the tools they need to accelerate product development, reduce costs, and enhance the quality of their products.
The results of Zacks Research’s analysis are very promising for 3D Systems Co.’s future earnings and should be highly encouraging for potential investors. With a strong product portfolio and a commitment to innovation, 3D Systems Co. is well-positioned to capitalize on the opportunities presented by the rapidly-growing 3D printing industry.
Earnings
Zacks Research has released its earning report of 3D SYSTEMS for their fiscal year ending 2023, as of September 30 2021. The report showed that in total, 3D SYSTEMS earned 156.1 million USD in revenue and 292.66 million USD in net income. Compared to the previous year’s report, these figures indicate an 18.0% increase in total revenue, though a 882.5% decrease in net income. Looking at the past three years for 3D SYSTEMS, it is clear that their total revenue has steadily decreased from 156.1M USD to 123.79M USD.
This decrease in total revenue could be due to a number of factors, including a decrease in demand for their products or an increase in competition from other companies offering 3D printing services. Despite this decrease, 3D SYSTEMS remains a strong presence in the 3D printing industry and continues to be a leader in the field.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 3d Systems. More…
| Total Revenues | Net Income | Net Margin |
| 505.95 | -95.43 | -15.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 3d Systems. More…
| Operations | Investing | Financing |
| -89.47 | 196.45 | -6.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 3d Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.39k | 691.29 | 5.24 |
Key Ratios Snapshot
Some of the financial key ratios for 3d Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.5% | -9.0% | -18.4% |
| FCF Margin | ROE | ROA |
| -22.6% | -8.2% | -4.2% |
Share Price
On Monday, 3D Systems Co.’s stock opened at $5.9 and closed at $5.9, up by 0.3% from the prior closing price of 5.9. Zacks Research has recently forecasted 3D Systems Co.’s earnings for FY2023 and is expecting the company to perform better in the upcoming year. This report is a positive sign for investors and shows that 3D Systems Co. is likely to have a successful future ahead. Live Quote…
Analysis – 3d Systems Stock Intrinsic Value
At GoodWhale, we have performed a financial analysis of 3D SYSTEMS and have determined its fair value to be around $15.9. This valuation is based on our proprietary Valuation Line, which takes into account a company’s fundamentals such as revenue, earnings, assets, and liabilities to calculate the fair price of its stock. At present, 3D SYSTEMS’ stock is trading at $5.9, representing a 62.8% discount to its fair value. This presents an attractive opportunity for investors seeking to capitalize on an undervalued stock. Therefore, we believe that 3D SYSTEMS could be a great investment option for those looking to add value to their portfolio. More…
Peers
The company operates through two segments: 3D Printing and Additive Manufacturing. It serves customers in a range of industries, including healthcare, aerospace and defense, automotive, and consumer products. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina. MGI Digital Graphic Technology SA is a French company that develops, manufactures, and markets digital printing systems. The company was founded in 1982 and is headquartered in Bordeaux, France. Fathom Digital Manufacturing Corp is a 3D printing and digital manufacturing company. The company was founded in 2013 and is headquartered in Oakland, California. HiTi Digital Inc is a Taiwanese company that designs, manufactures, and markets digital color printers and photo kiosks. The company was founded in 1991 and is headquartered in Taipei, Taiwan.
– MGI Digital Graphic Technology SA ($OTCPK:FRIIF)
MGI Digital Graphic Technology SA is a provider of digital printing and finishing solutions. The company operates through three segments: Digital Printing, Post-Press, and Software & Solutions. It offers a range of digital presses, cutters, and finishing equipment. The company also provides software solutions for the graphic arts industry. MGI Digital Graphic Technology SA was founded in 1930 and is headquartered in Rousset, France.
– Fathom Digital Manufacturing Corp ($NYSE:FATH)
Fathom is a digital manufacturing company that helps businesses make products faster and more efficiently. The company has a market cap of 152.14 million and a return on equity of 6.04%. Fathom’s technology enables businesses to streamline their manufacturing processes and reduce production costs. The company’s products are used by a variety of industries, including automotive, aerospace, consumer goods, and healthcare.
– HiTi Digital Inc ($TWSE:3494)
HTC is a Taiwanese consumer electronics company headquartered in Xindian District, New Taipei City, Taiwan. Founded in 1997, HTC began as an original design manufacturer and original equipment manufacturer, designing and manufacturing laptop computers. In 1998, HTC started selling its own branded devices, starting with the Pocket PC. The company has a market cap of 1.08B as of 2022 and a Return on Equity of -23.92%. HTC designs and manufactures smartphones and tablets. The company’s product portfolio includes the HTC One and Desire lines of smartphones, the HTC One X+ and HTC One mini tablets, and the HTC Butterfly smartphone.
Summary
Investing analysis of 3D Systems Co. (DDD) is offering insight into its financial performance for its fiscal year 2023. According to Zacks Research, the company has a positive earnings outlook, with potential for higher revenues and earnings per share in the near future. Their research also suggests that 3D Systems will benefit from its established presence in the 3D printing industry, strong product portfolio, and a focus on cost control measures.
Additionally, their core services and software segment should drive growth for the company in the long term. Zacks Research also expects 3D Systems Co. to benefit from new strategic partnerships and strategic investments in emerging technologies. All of these factors should help drive the company’s long-term growth and profitability.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
