DDD

3D Systems

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Technology

industry

Computer Hardware

Exchange

NYSE

County of HQ

United States

Next Earnings Date

05/11/26

Business Summary

ConnectOne Bancorp operates as a regional banking franchise, generating revenue through spread income and fee-based services within the Banks - Regional industry. Its model relies on gathering deposits and redeploying them into loans and other earning assets, monetizing the net interest margin and cross-selling financial services. The moat in this segment is relationship-driven: localized commercial lending relationships and deposit stickiness create recurring funding advantages when managed well. Cash generation ultimately depends on disciplined underwriting, stable deposit costs, and maintaining asset quality through credit cycles.

VALUATION

P/E

10.1

Market Cap ($M USD)

$280

Forward P/E

-

PEG

-

PRICE TO SALES

0.9

PRICE TO BOOK

1.2

EV / EBITDA

4.5

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$0.23

Next Year EPS Growth Estimate

-$0.23

Next Year Revenue Growth Estimate

4.10%

Return on Equity (ROE)

12.40%

Operating Margin

-24.60%

Debt-to-Equity

0.7

Piotroski F-Score

5

Altman Z-Score

-2.3

Return on Invested Capital (ROIC)

7.10%%

Current Ratio

2.9

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 17.2x trailing earnings but only 7.9x forward earnings with a 0.7 forward PEG, the market is clearly discounting either earnings quality or balance sheet risk. The valuation implies a sharp earnings inflection next year (EPS est. $1.64), yet the Altman Z-Score of 0.2 is distress-level and cannot be ignored. A Price/Book of 1 suggests the market assigns no premium to franchise value, while a 7.00% ROE and 4.70% operating margin show mediocre profitability. This is not a clean growth story—it is a stressed regional bank priced for skepticism, and the spread between the 17.2 P/E and 7.9 forward P/E suggests either deep undervaluation or earnings volatility the market does not trust.

AI Exposure / Tech Reliance

As a regional bank in Financial Services, technological adaptation is less about disruption and more about operational efficiency and underwriting precision. AI deployment in credit analytics and cost automation could directly improve its 4.70% operating margin if executed well. However, without scale advantages, tech modernization is defensive rather than transformational.

The Bull Case

A value-oriented investor could argue the setup is asymmetric. A 7.9 forward P/E combined with a 0.7 PEG Forward implies growth at a discount, while ROIC of 13.50% materially exceeds the 7.00% ROE, signaling capital is being deployed at respectable returns relative to equity profitability. Trading at just 1x book with a $1,413M market cap, the stock offers tangible asset backing, and institutional ownership at 31.30% suggests some professional conviction. If the projected EPS of $1.64 materializes, the compression from a 17.2 P/E to 7.9 forward P/E indicates earnings acceleration that could re-rate the stock meaningfully higher, especially with a 2.60% dividend and 0.7 yield providing some carry.

The Bear Case

The red flags are not subtle. An Altman Z-Score of 0.2 signals extreme balance sheet fragility, while a 49.30% Debt/Equity ratio adds leverage risk in a rate-sensitive industry. A Piotroski F-Score of 3 is weak and suggests deteriorating financial quality, and 14.90% short interest is elevated, indicating informed skepticism. The 7.00% ROE is subpar for a bank, operating margins are thin at 4.70%, and a payout ratio listed at $0.72 alongside dividend metrics creates questions about capital allocation discipline versus balance sheet resilience.

Market Sentiment & Smart Money

Short Interest %

28.00%

Analyst Consensus

2.67

Average Analyst Price Target

$3.17

Institutional Ownership %

62.10%

1-Year Beta

2.8

Insider Buying % (6 Mo)

3.10%%

Distance to 52-Week High

50.50%%

Distance to 52-Week Low

145.50%%