Cantor Fitzgerald Predicts Stronger Earnings for Xometry

Xometry, Inc. (NASDAQ:XMTR - Free Report) - Analysts at Cantor Fitzgerald boosted their FY2025 EPS estimates for shares of Xometry in a research note issued on Wednesday, February 26th. Cantor Fitzgerald analyst T. Jensen now expects that the company will post earnings per share of ($0.40) for the year, up from their previous estimate of ($0.42). Cantor Fitzgerald has a "Underweight" rating and a $20.00 price objective on the stock. The consensus estimate for Xometry's current full-year earnings is ($0.66) per share.

A number of other analysts have also recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Xometry from $24.00 to $28.00 and gave the company a "buy" rating in a research report on Wednesday, November 6th. Wedbush restated an "outperform" rating and set a $48.00 target price on shares of Xometry in a research report on Friday, December 20th. Citigroup lowered their target price on Xometry from $46.00 to $39.00 and set a "buy" rating for the company in a report on Thursday. UBS Group increased their price target on Xometry from $22.00 to $33.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, Royal Bank of Canada raised their price objective on shares of Xometry from $27.00 to $40.00 and gave the stock a "sector perform" rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $36.11.

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Xometry Trading Down 0.1 %

Shares of XMTR traded down $0.03 during trading hours on Thursday, hitting $27.32. 1,065,206 shares of the stock were exchanged, compared to its average volume of 680,008. Xometry has a fifty-two week low of $11.08 and a fifty-two week high of $45.33. The business has a 50-day moving average of $36.13 and a 200-day moving average of $28.15. The firm has a market capitalization of $1.35 billion, a P/E ratio of -26.02 and a beta of 0.65. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55.

Insider Buying and Selling at Xometry

In related news, COO Peter Goguen sold 986 shares of the company's stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $40.08, for a total value of $39,518.88. Following the sale, the chief operating officer now owns 168,933 shares in the company, valued at $6,770,834.64. This represents a 0.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO James Miln sold 5,386 shares of Xometry stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $42.33, for a total value of $227,989.38. Following the transaction, the chief financial officer now owns 102,329 shares of the company's stock, valued at $4,331,586.57. This trade represents a 5.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,312 shares of company stock valued at $517,537. Corporate insiders own 16.79% of the company's stock.

Hedge Funds Weigh In On Xometry

Several large investors have recently bought and sold shares of XMTR. Sylebra Capital LLC raised its holdings in shares of Xometry by 2.1% in the fourth quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company's stock valued at $78,270,000 after purchasing an additional 37,883 shares during the last quarter. 49 Wealth Management LLC purchased a new stake in Xometry in the 4th quarter valued at about $319,000. State of Wyoming increased its stake in Xometry by 8.2% in the 4th quarter. State of Wyoming now owns 8,876 shares of the company's stock valued at $379,000 after buying an additional 676 shares during the last quarter. Polar Capital Holdings Plc bought a new position in shares of Xometry during the 4th quarter worth approximately $14,070,000. Finally, ProShare Advisors LLC purchased a new position in shares of Xometry in the 4th quarter worth approximately $511,000. 97.31% of the stock is currently owned by institutional investors.

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.