Materialise (MTLS) to Release Quarterly Earnings on Thursday

Materialise (NASDAQ:MTLS) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Materialise has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Materialise (NASDAQ:MTLS) last issued its quarterly earnings results on Wednesday, February 21st. The software maker reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $72.15 million during the quarter. Materialise had a return on equity of 4.62% and a net margin of 2.59%.

Materialise Trading Up 0.2 %

Shares of MTLS stock opened at $4.89 on Thursday. The company has a current ratio of 1.97, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock has a market cap of $288.85 million, a P/E ratio of 40.75 and a beta of 1.27. The stock has a 50 day simple moving average of $5.31 and a 200 day simple moving average of $5.72. Materialise has a 1 year low of $4.82 and a 1 year high of $10.20.

Analyst Ratings Changes

Separately, StockNews.com cut Materialise from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 22nd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Legal & General Group Plc raised its position in Materialise by 2.7% during the fourth quarter. Legal & General Group Plc now owns 1,057,942 shares of the software maker’s stock valued at $9,309,000 after purchasing an additional 27,627 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Materialise during the fourth quarter worth $4,938,000. Renaissance Technologies LLC increased its holdings in shares of Materialise by 27.9% during the second quarter. Renaissance Technologies LLC now owns 443,100 shares of the software maker’s stock worth $3,828,000 after buying an additional 96,700 shares in the last quarter. State Street Corp increased its holdings in shares of Materialise by 3.7% during the third quarter. State Street Corp now owns 370,843 shares of the software maker’s stock worth $3,972,000 after buying an additional 13,149 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Materialise by 553.7% during the second quarter. Marshall Wace LLP now owns 178,399 shares of the software maker’s stock worth $1,541,000 after buying an additional 151,107 shares in the last quarter. 19.30% of the stock is currently owned by institutional investors and hedge funds.

Materialise Company Profile

Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.