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Desktop Metal (DM)

(Delayed Data from NYSE)

$0.86 USD

0.86
1,891,350

+0.01 (0.96%)

Updated Apr 17, 2024 04:00 PM ET

After-Market: $0.86 0.00 (0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 39% (98 out of 251)

Industry: Manufacturing - Print

Better trading starts here.

Balance Sheet

Research for DM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Desktop Metal, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 85 189 272 595 0
Receivables 38 38 47 7 0
Notes Receivable 0 0 0 0 0
Inventories 83 92 65 10 0
Other Current Assets 11 17 18 1 0
Total Current Assets 216 336 402 613 1
Net Property & Equipment 36 56 59 12 0
Investments & Advances 0 0 0 0 305
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 168 333 901 11 0
Deposits & Other Assets 38 29 27 5 0
Total Assets 458 754 1,389 642 305
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 18 25 32 8 0
Current Portion Long-Term Debt 0 1 1 10 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 27 27 34 8 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 17 25 32 4 0
Total Current Liabilities 70 83 104 31 0
Mortgages 0 0 0 0 0
Deferred Taxes/Income 7 12 15 0 0
Convertible Debt 113 112 0 0 0
Long-Term Debt 0 0 1 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3 1 7 0 300
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 216 227 140 33 11
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,909 1,875 1,823 994 2
Retained Earnings -1,632 -1,309 -569 -385 3
Other Equity -35 -38 -6 0 289
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 242 528 1,248 609 294
Total Liabilities & Shareholder's Equity 458 754 1,389 642 305
Total Common Equity 242 528 1,248 609 294
Shares Outstanding 324.70 317.50 311.00 226.70 37.50
Book Value Per Share 0.74 1.66 4.01 2.69 7.85

Fiscal Year End for Desktop Metal, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 85 109 128 154
Receivables NA 38 40 41 36
Notes Receivable NA 0 0 0 0
Inventories NA 83 107 100 98
Other Current Assets NA 11 25 17 28
Total Current Assets NA 216 281 287 316
Net Property & Equipment NA 36 38 42 45
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 168 287 312 324
Deposits & Other Assets NA 38 37 35 29
Total Assets NA 458 644 677 714
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 18 32 25 22
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 27 28 29 28
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 17 24 22 27
Total Current Liabilities NA 70 91 82 83
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 7 8 12 12
Convertible Debt NA 113 112 112 112
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 3 3 3
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 216 239 233 229
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,909 1,902 1,894 1,884
Retained Earnings NA -1,632 -1,458 -1,411 -1,362
Other Equity NA -35 -39 -38 -37
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 242 406 444 486
Total Liabilities & Shareholder's Equity NA 458 644 677 714
Total Common Equity 0 242 406 444 486
Shares Outstanding 329.60 324.70 323.00 321.40 320.80
Book Value Per Share 0.00 0.74 1.26 1.38 1.51