Posted by admin on Aug 3rd, 2022
Xometry (NASDAQ:XMTR – Get Rating) will be releasing its earnings data before the market opens on Wednesday, August 10th. Analysts expect Xometry to post earnings of ($0.33) per share for the quarter. Xometry has set its FY 2022 guidance at EPS and its Q2 2022 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Xometry (NASDAQ:XMTR – Get Rating) last posted its quarterly earnings data on Wednesday, May 11th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.09. The firm had revenue of $83.67 million for the quarter, compared to the consensus estimate of $81.02 million. Xometry had a negative net margin of 27.47% and a negative return on equity of 23.42%. On average, analysts expect Xometry to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
XMTR opened at $40.66 on Wednesday. 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 company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -14.79 and a beta of 0.38. The firm’s fifty day moving average price is $34.97 and its two-hundred day moving average price is $38.47. Xometry has a 1 year low of $26.61 and a 1 year high of $83.21.
In related news, Director George Hornig sold 10,000 shares of the business’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $32.95, for a total value of $329,500.00. Following the sale, the director now directly owns 124,851 shares in the company, valued at approximately $4,113,840.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Kathy Mayerhofer sold 30,000 shares of the business’s stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $35.47, for a total value of $1,064,100.00. Following the sale, the insider now directly owns 57,723 shares in the company, valued at approximately $2,047,434.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director George Hornig sold 10,000 shares of the business’s stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $32.95, for a total value of $329,500.00. Following the completion of the sale, the director now owns 124,851 shares in the company, valued at $4,113,840.45. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 144,715 shares of company stock valued at $5,062,576.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. bought a new stake in shares of Xometry during the first quarter valued at about $33,000. Ensign Peak Advisors Inc bought a new stake in shares of Xometry during the first quarter valued at about $61,000. Ameritas Investment Partners Inc. increased its position in shares of Xometry by 209.7% during the first quarter. Ameritas Investment Partners Inc. now owns 1,914 shares of the company’s stock valued at $70,000 after buying an additional 1,296 shares during the period. UBS Group AG increased its position in shares of Xometry by 102.6% during the first quarter. UBS Group AG now owns 6,235 shares of the company’s stock valued at $229,000 after buying an additional 3,157 shares during the period. Finally, Weiss Multi Strategy Advisers LLC bought a new stake in shares of Xometry during the first quarter valued at about $368,000. 77.31% of the stock is currently owned by institutional investors.
A number of research firms have issued reports on XMTR. CL King cut their price objective on shares of Xometry from $65.00 to $55.00 in a report on Thursday, May 12th. Loop Capital cut their price target on shares of Xometry from $50.00 to $46.00 and set a “buy” rating on the stock in a report on Tuesday, July 19th. Finally, The Goldman Sachs Group cut their price target 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.
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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