Desktop Metal Stock Today

DM Stock  USD 4.16  0.02  0.48%   

Performance

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Odds Of Distress

Over 82

 
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Desktop Metal is selling at 4.16 as of the 30th of November 2024; that is 0.48 percent increase since the beginning of the trading day. The stock's lowest day price was 4.1. Desktop Metal has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Desktop Metal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
3rd of May 2019
Category
Technology
Classification
Information Technology
Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company was founded in 2015 and is headquartered in Burlington, Massachusetts. The company has 33.34 M outstanding shares of which 2.78 M shares are currently sold short in the market by investors with about 10.55 days to cover all shorted shares. More on Desktop Metal

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Desktop Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAli Siblani
Thematic IdeaMachinery (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, Machinery, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.390.4142
Notably Down
Slightly volatile
Total Current Liabilities58.1 M70.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total75 M146.2 M
Way Down
Slightly volatile
Total Assets600.3 M458 M
Significantly Up
Slightly volatile
Total Current Assets312 M216.1 M
Way Up
Slightly volatile
Debt Levels
Desktop Metal can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Desktop Metal's financial leverage. It provides some insight into what part of Desktop Metal's total assets is financed by creditors.
Liquidity
Desktop Metal reports 143.95 M of total liabilities with total debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from financial leverage. Desktop Metal has a current ratio of 4.23, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Desktop to invest in growth at high rates of return.

Total Cashflows From Investing Activities

77.08 Million
Desktop Metal (DM) is traded on New York Stock Exchange in USA. It is located in 63 3rd Avenue, Burlington, MA, United States, 01803 and employs 950 people. Desktop Metal is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 138.03 M. Desktop Metal is active under Electronic Equipment, Instruments & Components sector as part of Information Technology industry. The entity has 33.34 M outstanding shares of which 2.78 M shares are currently sold short in the market by investors with about 10.55 days to cover all shorted shares. Desktop Metal reports about 76.29 M in cash with (115 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Check Desktop Metal Probability Of Bankruptcy
Ownership Allocation
Desktop Metal holds a total of 33.34 Million outstanding shares. Desktop Metal retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Desktop Ownership Details

Desktop Stock Institutional Holders

InstituionRecorded OnShares
Group One Trading, Lp2024-06-30
323 K
Lazard Asset Management Llc2024-06-30
318.2 K
Morgan Stanley - Brokerage Accounts2024-06-30
286.3 K
Geode Capital Management, Llc2024-09-30
260.5 K
Boston Standard Wealth Management, Llc2024-06-30
206.1 K
Jane Street Group Llc2024-06-30
201.4 K
Kingswood Wealth Advisors Llc2024-09-30
146.9 K
Charles Schwab Investment Management Inc2024-09-30
138.1 K
Simplex Trading, Llc2024-06-30
131.5 K
Nea Management Company, Llc2024-06-30
1.4 M
Vanguard Group Inc2024-09-30
1.1 M
View Desktop Metal Diagnostics

Desktop Metal Historical Income Statement

At this time, Desktop Metal's Interest Expense is very stable compared to the past year. As of the 30th of November 2024, Selling And Marketing Expenses is likely to grow to about 41.4 M, while Total Revenue is likely to drop about 103.1 M. View More Fundamentals

Desktop Stock Against Markets

Desktop Metal Corporate Management

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Desktop Metal. If investors know Desktop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.15)
Revenue Per Share
5.117
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.24)
Return On Equity
(1.53)
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.