Desktop Stock Today

DM
 Stock
  

USD 2.04  0.01  0.49%   

Market Performance
0 of 100
Odds Of Distress
Less than 35
Desktop Metal is selling for 2.04 as of the 26th of November 2022. This is a 0.49 percent up since the beginning of the trading day. The stock's lowest day price was 2.01. Desktop Metal has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns 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 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
Fiscal Year End
December
IPO Date
3rd of May 2019
Category
Technology
ISIN
US25058X1054
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 311.01 M outstanding shares of which 62.11 M shares are currently sold short in the market by investors with about 18.06 days to cover all shorted shares. More on Desktop Metal

Moving against Desktop Metal

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Desktop Metal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Desktop Metal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Desktop Metal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Desktop Metal generated a negative expected return over the last 90 days
Desktop Metal has high historical volatility and very poor performance
The company generated the yearly revenue of 183.5 M. Annual Net Loss to common stockholders was (505.26 M) with gross profit of 20.49 M.
Desktop Metal reports about 255.74 M in cash with (194.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Roughly 14.0% of the company shares are held by company insiders
Latest headline from news.google.com: Why Desktop Metal Stock Popped 4 percent This Morning - The Motley Fool
President CEO, DirectorJoshua Gerstein
Average Analyst Recommendation
Analysts covering Desktop Metal report their recommendations after researching Desktop Metal's financial statements, talking to executives and customers, or listening in on Desktop Metal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Desktop Metal. The Desktop consensus assessment is calculated by taking the average forecast from all of the analysts covering Desktop Metal.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Desktop Metal's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Desktop Metal (DM) is traded on New York Stock Exchange in USA and employs 1,370 people. The company currently falls under 'Small-Cap' category with market capitalization of 625.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Desktop Metal's market, we take the total number of its shares issued and multiply it by Desktop Metal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Desktop Metal is active under null sector as part of null industry. The entity has 311.01 M outstanding shares of which 62.11 M shares are currently sold short in the market by investors with about 18.06 days to cover all shorted shares. Desktop Metal reports about 255.74 M in cash with (194.19 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
Desktop Metal holds a total of three hundred eleven million ten thousand outstanding shares. 30% of Desktop Metal outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Please note that no matter how much 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.

Ownership Allocation (%)

Check Desktop Ownership Details

Desktop Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Desktop Metal jumping above the current price in 90 days from now is about 92.71%. The Desktop Metal probability density function shows the probability of Desktop Metal stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.4904 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Desktop Metal will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Desktop Metal is significantly underperforming DOW.
  Odds Below 2.04HorizonTargetOdds Above 2.04
7.25%90 days
 2.04 
92.71%
Based on a normal probability distribution, the odds of Desktop Metal to move above the current price in 90 days from now is about 92.71 (This Desktop Metal probability density function shows the probability of Desktop Stock to fall within a particular range of prices over 90 days) .

Desktop Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Desktop Metal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Desktop Metal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Desktop Metal's value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares26.5 K58 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares26.5 K126 K
Yakira Capital Management IncWarrants62.7 K302 K
Xr Securities LlcPut Options8.4 K307 K
Xr Securities LlcCall Options13.7 KK
View Desktop Metal Diagnostics

Desktop Metal Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Desktop Metal market risk premium is the additional return an investor will receive from holding Desktop Metal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Desktop Metal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Desktop Metal's alpha and beta are two of the key measurements used to evaluate Desktop Metal's performance over the market, the standard measures of volatility play an important role as well.

Desktop Stock Against Markets

Picking the right benchmark for Desktop Metal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Desktop Metal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Desktop Metal is critical whether you are bullish or bearish towards Desktop Metal at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Desktop Metal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Desktop Metal Corporate Directors

Desktop Metal corporate directors refer to members of a Desktop Metal board of directors. The board of directors generally takes responsibility for the Desktop Metal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Desktop Metal's board members must vote for the resolution. The Desktop Metal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Harris Simmons - Director of Dominion Midstream GP, LLCProfile
Eric Fredrickson - Independent DirectorProfile
John Luke - Independent Director of Dominion Midstream GP, LLCProfile
Richard Stone - DirectorProfile

Invested in Desktop Metal?

The danger of trading Desktop Metal is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Desktop Metal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Desktop Metal. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Desktop Metal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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When running Desktop Metal price analysis, check to measure Desktop Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal's industry 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.
Market Capitalization
647.9 M
Quarterly Revenue Growth YOY
0.85
Return On Assets
(0.13) 
Return On Equity
(0.59) 
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 Desktop Metal value 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.