Markforged (MKFG) Stock Price, News & Analysis

Company Overview

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

Key Stats

• Today's Range: $4.37 to $4.44
• 50-Day Range: $1.80 to $4.79
• 52-Week Range: $1.57 to $8.80
• Volume: 97,633 shs
• Average Volume: 111,721 shs
• Market Capitalization: $90.32 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Hold

Markforged Stock Analysis - MarketRank™

Markforged scored higher than 47% of companies evaluated by MarketBeat, and ranked 133rd out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Markforged has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Markforged has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Markforged is -1.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Markforged is -1.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Markforged has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.84% of the float of Markforged has been sold short.

Short Interest Ratio / Days to Cover

Markforged has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Markforged has recently decreased by 7.05%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Markforged does not currently pay a dividend.

Dividend Growth

Markforged does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.84% of the float of Markforged has been sold short.

Short Interest Ratio / Days to Cover

Markforged has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Markforged has recently decreased by 7.05%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Markforged has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Markforged this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for MKFG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Markforged to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Markforged insiders have not sold or bought any company stock.

Percentage Held by Insiders

34.70% of the stock of Markforged is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

87.30% of the stock of Markforged is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MKFG Stock Analysis - Frequently Asked Questions

How have MKFG shares performed this year?

Markforged's stock was trading at $8.20 at the start of the year. Since then, MKFG shares have decreased by 46.6% and is now trading at $4.38.
View the best growth stocks for 2024 here.

How were Markforged's earnings last quarter?

Markforged Holding Co. (NYSE:MKFG) issued its earnings results on Thursday, August, 8th. The company reported ($0.50) earnings per share for the quarter, topping analysts' consensus estimates of ($0.60) by $0.10. The firm earned $21.69 million during the quarter, compared to the consensus estimate of $21.76 million. Markforged had a negative trailing twelve-month return on equity of 34.99% and a negative net margin of 101.18%.

When did Markforged's stock split?

Shares of Markforged reverse split on the morning of Thursday, September 19th 2024. The 1-10 reverse split was announced on Monday, September 9th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, September 18th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Markforged's major shareholders?

Markforged's top institutional investors include Senvest Management LLC (7.92%), Summit Partners L P (7.25%), ARK Investment Management LLC (5.83%) and Sumitomo Mitsui Trust Group Inc. (2.95%). Insiders that own company stock include Shai Terem, Assaf Zipori and Gregory Mark.
View institutional ownership trends.

How do I buy shares of Markforged?

Shares of MKFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Markforged own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Markforged investors own include Block (SQ), Digital Turbine (APPS), Palantir Technologies (PLTR), Archer Aviation (ACHR), SoFi Technologies (SOFI), ChargePoint (CHPT) and Canoo (GOEV).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Computer peripheral equipment, not elsewhere classified
• Sub-Industry: Computer Hardware
• Current Symbol: NYSE:MKFG
• CUSIP: N/A
• CIK: 1816613
• Web: www.a-star.co
• Phone: 866-496-1805
• Fax: N/A
• Employees: 370
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +14.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-103,570,000.00
• Net Margins: -101.18%
• Pretax Margin: -101.92%
• Return on Equity: -34.99%
• Return on Assets: -19.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.39
• Quick Ratio: 1.98

Sales & Book Value

• Annual Sales: $93.78 million
• Price / Sales: 0.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.75 per share
• Price / Book: 0.92

Miscellaneous

• Outstanding Shares: 20,620,000
• Free Float: 13,465,000
• Market Cap: $90.32 million
• Optionable: Optionable
• Beta: 1.52