Xometry (XMTR) Stock Price, News & Analysis

Company Overview

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. It serves aerospace, healthcare, robotics, industrial, defense, energy, automotive, government, education, and consumer goods industries. The company was formerly known as NextLine Manufacturing Corp. and changed its name to Xometry, Inc. in June 2015. Xometry, Inc. was incorporated in 2013 and is headquartered in North Bethesda, Maryland.

Key Stats

• Today's Range: $37.38 to $41.43
• 50-Day Range: $17.17 to $37.22
• 52-Week Range: $11.08 to $41.43
• Volume: 1.32 million shs
• Average Volume: 596,183 shs
• Market Capitalization: $1.87 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $29.88
• Consensus Rating: Moderate Buy

Xometry Stock Analysis - MarketRank™

Xometry scored higher than 52% of companies evaluated by MarketBeat, and ranked 127th out of 180 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Xometry has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Xometry has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Xometry are expected to grow in the coming year, from ($0.71) to ($0.47) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Xometry is -37.40, 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 Xometry is -37.40, 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

Xometry has a P/B Ratio of 5.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.92% of the float of Xometry has been sold short.

Short Interest Ratio / Days to Cover

Xometry has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Xometry has recently decreased by 14.38%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Xometry does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

9.92% of the float of Xometry has been sold short.

Short Interest Ratio / Days to Cover

Xometry has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Xometry has recently decreased by 14.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.06

News Sentiment

Xometry has a news sentiment score of 1.06. 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 higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Xometry this week, compared to 4 articles on an average week.

Search Interest

11 people have searched for XMTR on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.

MarketBeat Follows

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

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Xometry insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,139,000.00 in company stock.

Percentage Held by Insiders

16.79% of the stock of Xometry is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

97.31% of the stock of Xometry is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

XMTR Stock Analysis - Frequently Asked Questions

How have XMTR shares performed this year?

Xometry's stock was trading at $35.91 at the beginning of 2024. Since then, XMTR shares have increased by 9.4% and is now trading at $39.27.
View the best growth stocks for 2024 here.

How were Xometry's earnings last quarter?

Xometry, Inc. (NASDAQ:XMTR) announced its quarterly earnings data on Thursday, August, 8th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.13. The company's quarterly revenue was up 19.5% on a year-over-year basis.

When did Xometry IPO?

Xometry (XMTR) raised $275 million in an IPO on Wednesday, June 30th 2021. The company issued 6,875,000 shares at a price of $38.00-$42.00 per share.

Who are Xometry's major shareholders?

Top institutional shareholders of Xometry include Primecap Management Co. CA (14.03%), Brown Capital Management LLC (9.07%), Eventide Asset Management LLC (8.96%) and FMR LLC (8.27%). Insiders that own company stock include Laurence Zuriff, Peter Goguen, Bill Cronin, Randolph Altschuler, Matthew Leibel, Subir Dutt, James M Rallo, George Hornig, Kathy Mayerhofer and Katharine Weymouth.
View institutional ownership trends.

How do I buy shares of Xometry?

Shares of XMTR 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 Xometry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Xometry investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Visa (V), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:XMTR
• CUSIP: N/A
• CIK: 1657573
• Web: www.xometry.com
• Phone: 240-335-7914
• Fax: N/A
• Employees: 992
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $29.88
• High Stock Price Target: $45.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: -23.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-67,470,000.00
• Net Margins: -9.72%
• Pretax Margin: -9.83%
• Return on Equity: -10.16%
• Return on Assets: -4.74%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 4.59
• Quick Ratio: 4.55

Sales & Book Value

• Annual Sales: $525.13 million
• Price / Sales: 3.71
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.86 per share
• Price / Book: 5.72

Miscellaneous

• Outstanding Shares: 49,564,000
• Free Float: 41,242,000
• Market Cap: $1.95 billion
• Optionable: Optionable
• Beta: 0.83