Xometry (XMTR) Scheduled to Post Earnings on Tuesday

Xometry (NASDAQ:XMTR - Get Free Report) is set to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect Xometry to post earnings of ($0.04) per share for the quarter. Xometry has set its Q3 2024 guidance at EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.13. The company had revenue of $132.60 million for the quarter, compared to analyst estimates of $128.65 million. Xometry had a negative net margin of 10.53% and a negative return on equity of 10.75%. The business's quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.55) earnings per share. On average, analysts expect Xometry to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Xometry Stock Up 2.5 %

Shares of XMTR stock traded up $0.49 on Tuesday, hitting $20.46. The stock had a trading volume of 327,104 shares, compared to its average volume of 594,347. Xometry has a 52-week low of $11.08 and a 52-week high of $38.74. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -18.77 and a beta of 0.57. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.60 and a current ratio of 4.64. The stock's 50 day moving average is $18.93 and its 200-day moving average is $16.35.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. JMP Securities raised their target price on Xometry from $27.00 to $32.00 and gave the company a "market outperform" rating in a research note on Friday, October 18th. Cantor Fitzgerald lowered their price objective on Xometry from $13.00 to $12.00 and set an "underweight" rating for the company in a research note on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Xometry has a consensus rating of "Hold" and a consensus target price of $22.86.

Insider Activity at Xometry

In other Xometry news, CTO Matthew Leibel sold 3,400 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $18.45, for a total transaction of $62,730.00. Following the transaction, the chief technology officer now owns 82,918 shares of the company's stock, valued at $1,529,837.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 16.79% of the stock is owned by corporate insiders.

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.