Should you buy 3D Systems stock? (November 2023)

See more of my work here: www.3minutebreakdowns.com
3D Systems stock analysis. Ticker: $DDD
This stock just jumped 20%. 3D Systems, ticker symbol, DDD is a 3d printing company that has been around since 1986. At the current share price, the company has a market value of 718 million dollars. Account for cash and debt and the enterprise value is roughly the same.
Revenue over the last 12 months is 506 million representing a 9% decline year-over-year, gross margins are just over 40% but net income over the last 12 months is negative 100 million.
In theory, the 3D printing industry should be ripe for growth. The technology can be used to cheaply print medical devices, industrial parts, prototypes and all sorts of things. In fact, the industry is estimated to grow 21% annually over the next 5 to 7 years creating an $80 billion dollar market. It’s this outlook that allowed 3d Systems stock to almost 10x in value in 2013.
Since then, however, the company has been a disappointment. Revenue of $506 million is below the $513 million reported 10 years ago. Gross margin has decreased from 52% to 41% and operating margin has turned negative.
#3dsystems #investing #stockstowatch #investment

[@pedrobras1620]

Good video 👍👌

[@overlookedalpha]

Thanks for watching

[@AbJsm]

last week secured a contract worth $250 millions

[@overlookedalpha]

oh wow let me take a look

[@rtorcato]

how about UI stock?

[@overlookedalpha]

Will take a look soon

[@pedrobras1620]

You already bought new stocks?

[@overlookedalpha]

What do you mean?