Cantor Fitzgerald Weighs in on Xometry FY2025 Earnings

Xometry, Inc. (NASDAQ:XMTR - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Xometry in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen expects that the company will earn ($0.42) per share for the year. Cantor Fitzgerald has a "Underweight" rating and a $12.00 price objective on the stock. The consensus estimate for Xometry's current full-year earnings is ($0.66) per share.

A number of other research analysts also recently issued reports on XMTR. Wedbush restated an "outperform" rating and issued a $48.00 price objective on shares of Xometry in a research note on Friday, December 20th. Royal Bank of Canada increased their price target on shares of Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a research report on Friday, January 3rd. Craig Hallum lifted their price objective on shares of Xometry from $20.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised shares of Xometry from a "neutral" rating to an "overweight" rating and increased their target price for the company from $25.00 to $45.00 in a research report on Wednesday, December 18th. Finally, Citigroup raised their price target on shares of Xometry from $25.00 to $33.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $33.33.

Xometry Stock Performance

Shares of XMTR stock traded down $0.55 during trading on Wednesday, hitting $33.51. The company's stock had a trading volume of 261,771 shares, compared to its average volume of 708,047. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The company has a market cap of $1.66 billion, a PE ratio of -31.93 and a beta of 0.70. The business has a fifty day moving average of $35.42 and a 200-day moving average of $24.36. Xometry has a 52 week low of $11.08 and a 52 week high of $45.33.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. ProShare Advisors LLC purchased a new position in Xometry during the second quarter worth about $53,000. Point72 Asset Management L.P. bought a new stake in shares of Xometry during the 2nd quarter valued at about $55,000. US Bancorp DE grew its holdings in shares of Xometry by 57.7% during the third quarter. US Bancorp DE now owns 5,570 shares of the company's stock worth $102,000 after purchasing an additional 2,037 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Xometry in the third quarter worth approximately $153,000. Finally, Palumbo Wealth Management LLC purchased a new stake in Xometry in the third quarter valued at approximately $191,000. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO Peter Goguen sold 12,000 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $29.55, for a total transaction of $354,600.00. Following the completion of the transaction, the chief operating officer now owns 180,419 shares of the company's stock, valued at approximately $5,331,381.45. The trade was a 6.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Emily Rollins sold 3,729 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $29.49, for a total transaction of $109,968.21. Following the sale, the director now directly owns 12,457 shares in the company, valued at $367,356.93. This trade represents a 23.04 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,605 shares of company stock valued at $1,533,640. Company insiders own 16.79% of the company's stock.

Xometry Company Profile

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.