This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: 3D Systems Corporation (DDD)
Earnings Release Date: 3/14/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
3D Systems Corporation (DDD) will be posting its FQ4-17 quarterly earnings results today at close. [DDD] is expected to post earnings of $.01 per share on revenue of $156.24 Million. In the last quarter, the company reported $-.09 earnings per share MISSING the analysts’ consensus estimate of $.11 The stock is currently trading at $12.18 per share
Last 3 Quarters – “Jump Zone” Move: 21.89%, -29.8%, -22.92%
Consensus Estimates: ($.03 whisper) ($.00 estimize) ($ ($.01 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a a drop post release. They released preliminary numbers a week or so ago and the stock popped way up. we think the market has priced in the move. Also they have a history of not meeting their own estimates… that along with our models reveals the stock is more likely to fall even if they do meet on the main metrics.
We are SHORT for the event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 15-20%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.