Fathom Digital Manufacturing (FATH) Set to Announce Quarterly Earnings on Monday

Fathom Digital Manufacturing (NYSE:FATH – Get Rating) will be posting its quarterly earnings results before the market opens on Monday, May 15th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fathom Digital Manufacturing Price Performance

Shares of NYSE FATH opened at $0.43 on Monday. The stock has a fifty day moving average of $0.70 and a 200-day moving average of $1.45. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 2.25. Fathom Digital Manufacturing has a fifty-two week low of $0.40 and a fifty-two week high of $6.57.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Fathom Digital Manufacturing by 4.0% in the 3rd quarter. State Street Corp now owns 111,228 shares of the company’s stock worth $226,000 after purchasing an additional 4,262 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Fathom Digital Manufacturing in the first quarter worth approximately $36,000. Bank of America Corp DE grew its position in Fathom Digital Manufacturing by 130.4% during the fourth quarter. Bank of America Corp DE now owns 19,594 shares of the company’s stock valued at $26,000 after acquiring an additional 11,090 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new position in shares of Fathom Digital Manufacturing during the second quarter worth approximately $50,000. Finally, BlackRock Inc. lifted its holdings in shares of Fathom Digital Manufacturing by 4.1% in the 3rd quarter. BlackRock Inc. now owns 351,484 shares of the company’s stock worth $713,000 after acquiring an additional 13,686 shares during the last quarter. Institutional investors own 21.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FATH shares. Stifel Nicolaus decreased their price target on Fathom Digital Manufacturing from $3.50 to $1.00 in a research report on Tuesday, April 4th. Craig Hallum lowered shares of Fathom Digital Manufacturing from a “buy” rating to a “hold” rating in a report on Friday, March 31st. Needham & Company LLC cut their price target on shares of Fathom Digital Manufacturing from $3.50 to $1.00 and set a “buy” rating for the company in a report on Monday, April 3rd. Finally, Lake Street Capital cut shares of Fathom Digital Manufacturing from a “buy” rating to a “hold” rating in a report on Monday, April 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Fathom Digital Manufacturing currently has an average rating of “Hold” and a consensus price target of $3.25.

About Fathom Digital Manufacturing

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Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturing services in North America. It provides plastic and metal additive manufacturing, computer numerical control machining, injection molding and tooling, precision sheet metal fabrication, design engineering, urethane casting, and chemical etching.