NYSE
DM

Desktop Metal Inc

Computer Hardware
Technology

Prices are adjusted according to historical splits.

Desktop Metal Inc Stock Price

Vitals

Today's Low:
$1.53
Today's High:
$1.63
Open Price:
$1.59
52W Low:
$1.13
52W High:
$3.65
Prev. Close:
$1.59
Volume:
2186408

Company Statistics

Market Cap.:
$684.91 million
Book Value:
1.516
Revenue TTM:
$206.63 million
Operating Margin TTM:
-92.72%
Gross Profit TTM:
$20.99 million
Profit Margin:
0%
Return on Assets TTM:
-11.76%
Return on Equity TTM:
-86.93%

Company Profile

Desktop Metal Inc had its IPO on 2019-05-03 under the ticker symbol DM.

The company operates in the Technology sector and Computer Hardware industry. Desktop Metal Inc has a staff strength of 1,200 employees.

Stock update

Shares of Desktop Metal Inc opened at $1.59 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.53 - $1.63, and closed at $1.54.

This is a -3.14% slip from the previous day's closing price.

A total volume of 2,186,408 shares were traded at the close of the day’s session.

In the last one week, shares of Desktop Metal Inc have slipped by -13.48%.

Desktop Metal Inc's Key Ratios

Desktop Metal Inc has a market cap of $684.91 million, indicating a price to book ratio of 0.6653 and a price to sales ratio of 2.2911.

In the last 12-months Desktop Metal Inc’s revenue was $206.63 million with a gross profit of $20.99 million and an EBITDA of $-140391008. The EBITDA ratio measures Desktop Metal Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Desktop Metal Inc’s operating margin was -92.72% while its return on assets stood at -11.76% with a return of equity of -86.93%.

In Q1, Desktop Metal Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 5.5%.

Desktop Metal Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-2.56 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Desktop Metal Inc’s profitability.

Desktop Metal Inc stock is trading at a EV to sales ratio of 2.2233 and a EV to EBITDA ratio of -1.0565. Its price to sales ratio in the trailing 12-months stood at 2.2911.

Desktop Metal Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$714.19 million
Total Liabilities
$83.46 million
Operating Cash Flow
$61.43 million
Capital Expenditure
$1.01 million
Dividend Payout Ratio
0%

Desktop Metal Inc ended 2024 with $714.19 million in total assets and $0 in total liabilities. Its intangible assets were valued at $714.19 million while shareholder equity stood at $485.57 million.

Desktop Metal Inc ended 2024 with $0 in deferred long-term liabilities, $83.46 million in other current liabilities, 32000.00 in common stock, $-1361596000.00 in retained earnings and $113.57 million in goodwill. Its cash balance stood at $101.25 million and cash and short-term investments were $149.81 million. The company’s total short-term debt was $6,509,000 while long-term debt stood at $112.27 million.

Desktop Metal Inc’s total current assets stands at $316.16 million while long-term investments were $2.00 million and short-term investments were $48.55 million. Its net receivables were $35.60 million compared to accounts payable of $21.99 million and inventory worth $98.22 million.

In 2024, Desktop Metal Inc's operating cash flow was $61.43 million while its capital expenditure stood at $1.01 million.

Comparatively, Desktop Metal Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$1.54
52-Week High
$3.65
52-Week Low
$1.13
Analyst Target Price
$2.5

Desktop Metal Inc stock is currently trading at $1.54 per share. It touched a 52-week high of $3.65 and a 52-week low of $3.65. Analysts tracking the stock have a 12-month average target price of $2.5.

Its 50-day moving average was $1.71 and 200-day moving average was $1.84 The short ratio stood at 20.26 indicating a short percent outstanding of 0%.

Around 810.8% of the company’s stock are held by insiders while 4911.9% are held by institutions.

Frequently Asked Questions About Desktop Metal Inc

The stock symbol (also called stock or share ticker) of Desktop Metal Inc is DM

The IPO of Desktop Metal Inc took place on 2019-05-03

Similar Industry Stocks (Computer Hardware)

Last Price
Chg
Chg%
$2.74
-0.07
-2.66%
$14.94
-0.06
-0.4%
$9.71
-0.03
-0.31%
$463.45
-18
-3.74%
$2.72
-0.12
-4.23%
Beardsell Ltd (BEARDSELL)
$35.5
-1.64
-4.42%
$69.95
-0.22
-0.31%
$420.55
-9.2
-2.14%
$38.34
-0.22
-0.57%
$122.18
2.83
+2.37%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

Desktop Metal, Inc. manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; Studio System, an office metal 3D printing system; and Desktop Metal Furnace, which is paired with the Studio System and binder jetting solutions to create turnkey metal additive manufacturing solutions. It also provides Xtreme 8K platform, designed for industrial, high-temperature production of end-use photopolymer parts, and uses high-powered light sources with a water-cooled digital light processing (DLP) chip; Einstein series, designed for dental professionals which offers 3D printing; and Envision One platform, which consists of various models for high-temperature and large part processing, enables high-volume production of end-use photopolymer parts. In addition, the company offers various additional DLP solutions, including the P4K platform and the D4K Pro platform, for a range of production volumes, and industrial and healthcare end-use applications; S-Max and S-Max Pro platforms, which provides digital casting solutions; S-Max Flex platform, a robotic 3D printing solution for digital casting applications; S-Print, an entry-level solution for prototypes and small series production in digital casting applications; and 3D-Bioplotter platform which offers biofabrication solution. Further, it provides binder jetting materials, photopolymer resins, BMD materials, and bioprinting materials. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, research and development, and other industries. Desktop Metal, Inc. was founded in 2015 and is headquartered in Burlington, Massachusetts.

Address

63 3rd Avenue, Burlington, MA, United States, 01803