Notable Downgrades: 3D Systems (DDD), (AMZN), Aerie Pharmaceuticals (AERI), Virgin America (VA), SeaDrill (SDRL)

Analysts at UBS downgraded 3D Systems Corporation (DDD) from ‘Neutral‘ to ‘Sell‘ in a research report issued to clients on Monday.

The target price for DDD is lowered from $32 to $20, implying 19% expected downside.

On valuation measures, 3D Systems Corp. stock it’s trading at a forward P/E multiple of 21.59x, and at a multiple of 238.85x this year’s estimated earnings. The t-12-month revenue at 3D Systems Corp. is $653.65 million. DDD ‘s ROE for the same period is 1.07%.

Shares of the $2.88 billion market cap company are down 47.06% year-over-year and 17.16% year-to-date.

3D Systems Corp., currently with a median Wall Street price target of $33.00 and a high target of $66.00, dropped $1.43 to $25.80 in recent trading.

The chart below shows where the equity has traded over the past 52-weeks. Inc. (AMZN) was downgraded from ‘Buy‘ to ‘Hold‘ at Argus.

Shares have traded today between $439.03 and $446.99 with the price of the stock fluctuating between $284.00 to $452.65 over the last 52 weeks. Inc. shares have a t-12 price/sales ratio of 2.32. EPS for the same period registers at ($0.52).

Shares of AMZN have lost $4.91 to $440.19 in mid-day trading on Monday, giving it a market cap of roughly $205 billion. The stock traded as high as $452.65 in April 24, 2015.

Needham reported on Monday that they have lowered their rating for Aerie Pharmaceuticals, Inc. (AERI). The firm has downgraded AERI from ‘Buy‘ to ‘Hold‘.

Aerie Pharmaceuticals Inc. recently traded at $10.87, a loss of $2.00 over Friday’s closing price. The name has a current market capitalization of $261.34 million.

Virgin America Inc. (VA) had its rating lowered from ‘Buy‘ to ‘Sell‘ by analysts at CRT Capital on Monday. Currently there are 6 analysts that rate VA a ‘Buy‘, 1 analyst rates it a ‘Sell‘, and 2 rate it a ‘Hold‘.

VA was down $2.29 at $30.07 in mid-day trade, moving within a 52-week range of $26.50 to $45.43. The name, valued at $1.30 billion, opened at $31.87, versus $32.36 close.

On valuation measures, Virgin America Inc. shares are currently priced at 4.22x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 0.94. EPS for the same period registers at $7.13.

SeaDrill Limited (SDRL) was downgraded by Wells Fargo (WFC)  from a ‘Market Perform‘ rating to a ‘Underperform‘ rating in a research report issued to clients on Monday.

SDRL closed at $11.39 on Friday and is currently trading up $0.07.

In the past 52 weeks, shares of Hamilton, Bermuda-based offshore drilling contractor have traded between a low of $8.58 and a high of $40.44 and are now trading at $11.46. Shares are down 64.95% year-over-year and 4.61% year-to-date.

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