Mark McGettrick - Desktop Metal Director

DM Stock  USD 0.83  0.02  1.81%   

Director

Mr. Mark F. McGettrick is no longer Executive Vice President of Dominion Midstream GP, LLC, the General Partner of the Company effective January 1, 2019. He has also served as Executive Vice President and CFO of Dominion and Virginia Power from June 2009 to date and Dominion Gas from September 2013 to date. Mr. McGettrick has served as a director of Virginia Power from June 2009 to date and Dominion Gas from September 2013 to date. Mr. McGettricks qualifications to serve as a director include his more than 35 years of utility management and industry experience. He recently served on the George Mason University board of visitors and is on the Board of Directors of the Dominion Foundation. Mr. McGettrick also has community and public interest involvement and serves or has served on many nonprofit foundations and boards.
Age 59
Address 63 3rd Avenue, Burlington, MA, United States, 01803
Phone978 224 1244
Webhttps://www.desktopmetal.com

Desktop Metal Management Efficiency

The company has Return on Asset (ROA) of (0.163) % which means that for every 100 dollars spent on asset, it generated a loss of $0.163. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.8406) %, which implies that it produced no returns to current stockholders. Desktop Metal's management efficiency ratios could be used to measure how well Desktop Metal manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to drop to -1.03. In addition to that, Return On Capital Employed is likely to drop to -0.39. At this time, Desktop Metal's Total Assets are very stable compared to the past year. As of the 24th of April 2024, Net Tangible Assets is likely to grow to about 243.6 M, while Other Current Assets are likely to drop about 8.8 M.
The company 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. Debt can assist Desktop Metal until it has trouble settling it off, either with new capital or with free cash flow. So, Desktop Metal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Desktop Metal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Desktop to invest in growth at high rates of return. When we think about Desktop Metal's use of debt, we should always consider it together with cash and equity.

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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. Desktop Metal operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 1370 people. 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.

Management Performance

Desktop Metal Leadership Team

Elected by the shareholders, the Desktop Metal's board of directors comprises two types of representatives: Desktop Metal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Desktop. The board's role is to monitor Desktop Metal's management team and ensure that shareholders' interests are well served. Desktop Metal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Desktop Metal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harris Simmons, Director of Dominion Midstream GP, LLC
Prof Schuh, CoFounder
Eric Fredrickson, Independent Director
Christopher Schuh, Co-Founder
Steven Papa, Independent Director
Prof Hart, CoFounder
Joshua Gerstein, President CEO, Director
Michele Cardiff, Chief Accounting Officer of Dominion Midstream GP LLC, VP of Dominion Midstream GP LLC and Controller of Dominion Midstream GP LLC
Leo Hindery, Director
Stephen Nigro, Director
Jason Cole, CFO Treasurer
John Luke, Independent Director of Dominion Midstream GP, LLC
Scott Dussault, Independent Director
Bilal Zuberi, Independent Director
Paul Koonce, Executive VP of Dominion Midstream GP LLC
Byron Knight, Independent Director
Richard Stone, Director
Ilya Mirman, Chief Marketing Officer
Rick Chin, Co-Founder
Alberto Fioravanti, Chairman, Founder, CTO
Andrew Ryu, Director
Emanuel Sachs, Co-Founder, Technical Fellow
Jay Gentzkow, Vice Relations
YetMing Chiang, Co-Founder
Gabriele Ronchini, CEO
Paul Ruppert, Senior Vice President - Operations
Luca Giacometti, Independent Director
Andy Wheeler, Independent Director
Diane Leopold, Director, Senior Vice President; President & CEO - Dominion Energy of General Partner
Steve Billow, President
Wen Hsieh, Independent Director
David Christian, Executive VP of Dominion Midstream Gp Llc
Ric Fulop, Chairman of the Board, Chief Executive Officer
Meg Broderick, General Counsel, Secretary
Claudio Berretti, Director
Pr Chiang, CoFounder
Mark McGettrick, CFO of Dominion Midstream GP LLC, Executive VP of Dominion Midstream GP LLC and Director of Dominion Midstream GP LLC
Marco Gay, CEO
Robert Blue, Senior Vice President - Law Regulation & Policy
Alessandro Malacart, CFO
James Eisenstein, Director
Joseph Rigby, Director of Dominion Midstream GP, LLC
A Hart, Co-Founder
Thomas Nogueira, Chief Officer
Linda Dundas, CFO, Director
Laila Pavone, Chief Innovation Marketing and Communication Officer
Ali Siblani, Chief Executive Officer of EnvisionTec US LLC, Director
Jeffrey Immelt, Independent Director
David Wollard, Director of Dominion Midstream GP, LLC
James Chapman, CFO, Senior Vice President Treasurer of Dominion Midstream GP, LLC
Edmondo Sparano, Director, Chief Digital Officer
Leonidas Karabelas, Independent Director
Jonah Myerberg, Co-Founder, Chief Technology Officer
Arjun Aggarwal, Chief Product Officer
John Snow, Director of Dominion Midstream GP, LLC
Manuel Gasperini, Director
Marshall Gunter, CTO
Mark Webb, VP of Dominion Midstream GP LLC and General Counsel of Dominion Midstream GP LLC
Janeen Stodulski, Director
Dayna Grayson, Independent Director
Stefano Molino, Director
Thomas Farrell, Chairman of the Board, CEO of Dominion Midstream GP, LLC
Davide Dattoli, Director
Charles Schade, Director
James Haley, Chief Financial Officer, Treasurer

Desktop Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Desktop Metal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Desktop Metal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desktop Metal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desktop Metal will appreciate offsetting losses from the drop in the long position's value.

Moving against Desktop Stock

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The ability to find closely correlated positions to Desktop Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desktop Metal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desktop Metal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desktop Metal to buy it.
The correlation of Desktop Metal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desktop Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desktop Metal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desktop Metal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Desktop Metal is a strong investment it is important to analyze Desktop Metal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Desktop Metal's future performance. For an informed investment choice regarding Desktop Stock, refer to the following important reports:
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 tightly coupled 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Desktop Stock analysis

When running Desktop Metal's 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 the 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.
Earnings Share
(1.00)
Revenue Per Share
0.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.16)
Return On Equity
(0.84)
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.