Posted by admin on Jun 14th, 2022

Xometry, Inc. (NASDAQ:XMTR – Get Rating) COO Peter Goguen sold 5,000 shares of Xometry stock in a transaction on Friday, June 10th. The stock was sold at an average price of $33.43, for a total transaction of $167,150.00. Following the transaction, the chief operating officer now directly owns 136,252 shares in the company, valued at $4,554,904.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

NASDAQ XMTR opened at $30.89 on Tuesday. The stock has a market capitalization of $1.37 billion and a price-to-earnings ratio of -11.23. Xometry, Inc. has a one year low of $26.61 and a one year high of $97.57. The company has a debt-to-equity ratio of 0.68, a current ratio of 7.86 and a quick ratio of 7.82. The business’s fifty day moving average is $34.41 and its 200-day moving average is $41.91.

Xometry (NASDAQ:XMTR – Get Rating) last announced its quarterly earnings data on Thursday, March 17th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.06). Xometry had a negative net margin of 27.47% and a negative return on equity of 23.42%. The firm had revenue of $67.10 million during the quarter, compared to the consensus estimate of $66.97 million. Research analysts expect that Xometry, Inc. will post -1.02 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its stake in Xometry by 13.5% in the 3rd quarter. Invesco Ltd. now owns 170,279 shares of the company’s stock valued at $9,820,000 after acquiring an additional 20,279 shares during the period. ARK Investment Management LLC raised its stake in Xometry by 12.3% in the 4th quarter. ARK Investment Management LLC now owns 270,553 shares of the company’s stock valued at $13,866,000 after acquiring an additional 29,606 shares during the period. Primecap Management Co. CA raised its stake in Xometry by 142.2% in the 4th quarter. Primecap Management Co. CA now owns 691,340 shares of the company’s stock valued at $35,431,000 after acquiring an additional 405,840 shares during the period. Georgetown University bought a new stake in Xometry in the 4th quarter valued at about $364,000. Finally, New York State Common Retirement Fund raised its stake in Xometry by 98.6% in the 4th quarter. New York State Common Retirement Fund now owns 5,758 shares of the company’s stock valued at $295,000 after acquiring an additional 2,858 shares during the period. Institutional investors and hedge funds own 77.31% of the company’s stock.

XMTR has been the topic of a number of analyst reports. Loop Capital initiated coverage on shares of Xometry in a report on Monday, April 11th. They set a “buy” rating and a $50.00 price objective on the stock. The Goldman Sachs Group cut their price objective on shares of Xometry from $51.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, June 9th. Finally, CL King cut their price objective on shares of Xometry from $65.00 to $55.00 in a report on Thursday, May 12th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $70.83.

Xometry Company Profile (Get Rating)

Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.

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