Matterport (MTTR) Stock Price, News & Analysis

Company Overview

Matterport, Inc., a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras. It also provides Matterport Axis, a motor-mount accessory for smartphone. The company serves its products in residential and commercial real estate, facilities management and retail, AEC, insurance and repair, and travel and hospitality markets. Matterport, Inc. is headquartered in Sunnyvale, California.

Key Stats

• Today's Range: $4.68 to $4.82
• 50-Day Range: $4.45 to $4.86
• 52-Week Range: $1.73 to $4.99
• Volume: 2.65 million shs
• Average Volume: 2.71 million shs
• Market Capitalization: $1.54 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.13
• Consensus Rating: Hold

Matterport Stock Analysis - MarketRank™

Matterport scored higher than 28% of companies evaluated by MarketBeat, and ranked 253rd out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Matterport has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Matterport has received no research coverage in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for Matterport are expected to grow in the coming year, from ($0.44) to ($0.17) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Matterport is -5.76, 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 Matterport is -5.76, 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

Matterport has a P/B Ratio of 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

1.27% of the float of Matterport has been sold short.

Short Interest Ratio / Days to Cover

Matterport has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Matterport has recently decreased by 16.46%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Matterport does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

1.27% of the float of Matterport has been sold short.

Short Interest Ratio / Days to Cover

Matterport has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Matterport has recently decreased by 16.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.03

News Sentiment

Matterport has a news sentiment score of 1.03. 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 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Matterport this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for MTTR on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Matterport to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Matterport insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,045,982.00 in company stock.

Percentage Held by Insiders

17.50% of the stock of Matterport is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 36.96% of the stock of Matterport is held by institutions.

MTTR Stock Analysis - Frequently Asked Questions

How have MTTR shares performed this year?

Matterport's stock was trading at $2.69 at the start of the year. Since then, MTTR stock has increased by 77.7% and is now trading at $4.78.
View the best growth stocks for 2024 here.

How were Matterport's earnings last quarter?

Matterport, Inc. (NASDAQ:MTTR) posted its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). Matterport's quarterly revenue was up 7.8% on a year-over-year basis.

Who are Matterport's major shareholders?

Top institutional shareholders of Matterport include State Street Corp (2.03%), Geode Capital Management LLC (2.02%), Charles Schwab Investment Management Inc. (0.72%) and Sand Grove Capital Management LLP (0.64%). Insiders that own company stock include Jason Krikorian, Raymond J Pittman, James Daniel Fay, Jay Remley, Japjit Tulsi, Peter Hebert and Peter Presunka.
View institutional ownership trends.

How do I buy shares of Matterport?

Shares of MTTR 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 Matterport own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Matterport investors own include NVIDIA (NVDA), Humana (HUM), Rambus (RMBS), Meta Platforms (META), Enovix (ENVX), Saia (SAIA) and Palantir Technologies (PLTR).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MTTR
• CUSIP: N/A
• CIK: 1819394
• Web: matterport.com
• Phone: 650-641-2241
• Fax: N/A
• Employees: 590
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.13
• High Stock Price Target: $5.50
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +7.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.83)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-199,080,000.00
• Net Margins: -157.21%
• Pretax Margin: -157.12%
• Return on Equity: -32.19%
• Return on Assets: -26.60%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.78
• Quick Ratio: 2.72

Sales & Book Value

• Annual Sales: $157.75 million
• Price / Sales: 9.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.26 per share
• Price / Book: 3.79

Miscellaneous

• Outstanding Shares: 322,890,000
• Free Float: 266,388,000
• Market Cap: $1.54 billion
• Optionable: Optionable
• Beta: 1.07