Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.
3D Systems is one of 617 companies in the Computer and Technology group. The Computer and Technology group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. DDD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 170% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DDD has moved about 266.41% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 19.72% on a year-to-date basis. This means that 3D Systems is outperforming the sector as a whole this year.
Looking more specifically, DDD belongs to the Computer - Mini computers industry, which includes 4 individual stocks and currently sits at #26 in the Zacks Industry Rank. On average, this group has gained an average of 4.23% so far this year, meaning that DDD is performing better in terms of year-to-date returns.
DDD will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Computer and Technology space have likely heard of 3D Systems (DDD - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.
3D Systems is one of 617 companies in the Computer and Technology group. The Computer and Technology group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. DDD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for DDD's full-year earnings has moved 170% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DDD has moved about 266.41% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 19.72% on a year-to-date basis. This means that 3D Systems is outperforming the sector as a whole this year.
Looking more specifically, DDD belongs to the Computer - Mini computers industry, which includes 4 individual stocks and currently sits at #26 in the Zacks Industry Rank. On average, this group has gained an average of 4.23% so far this year, meaning that DDD is performing better in terms of year-to-date returns.
DDD will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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