Xometry (XMTR) to Release Earnings on Thursday

Xometry (NASDAQ:XMTR) will issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. Xometry has set its Q1 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Xometry (NASDAQ:XMTR) last released its quarterly earnings results on Thursday, February 29th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.01). Xometry had a negative net margin of 14.56% and a negative return on equity of 17.34%. The firm had revenue of $128.15 million for the quarter, compared to analyst estimates of $127.78 million. On average, analysts expect Xometry to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Xometry Trading Down 4.1 %

Shares of XMTR stock opened at $17.59 on Tuesday. The company’s fifty day moving average price is $18.12 and its two-hundred day moving average price is $23.80. The company has a current ratio of 4.28, a quick ratio of 4.25 and a debt-to-equity ratio of 0.85. Xometry has a 12 month low of $12.77 and a 12 month high of $38.74.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on XMTR. JMP Securities reissued a “market outperform” rating and issued a $30.00 price target on shares of Xometry in a report on Tuesday, April 23rd. UBS Group decreased their price target on shares of Xometry from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, March 13th. TheStreet downgraded shares of Xometry from a “c-” rating to a “d” rating in a research note on Thursday, February 29th. Royal Bank of Canada dropped their target price on shares of Xometry from $38.00 to $23.00 and set a “sector perform” rating for the company in a research report on Friday, March 1st. Finally, The Goldman Sachs Group reduced their price target on shares of Xometry from $46.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.67.

Insiders Place Their Bets

In other news, CFO James M. Rallo sold 5,000 shares of Xometry stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $30.85, for a total value of $154,250.00. Following the completion of the transaction, the chief financial officer now directly owns 44,381 shares of the company’s stock, valued at approximately $1,369,153.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, COO Peter Goguen sold 3,943 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total value of $69,436.23. Following the completion of the sale, the chief operating officer now directly owns 197,211 shares of the company’s stock, valued at approximately $3,472,885.71. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO James M. Rallo sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $30.85, for a total transaction of $154,250.00. Following the transaction, the chief financial officer now owns 44,381 shares in the company, valued at approximately $1,369,153.85. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,243 shares of company stock valued at $247,252. Company insiders own 19.23% of the company’s stock.

Xometry Company Profile

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.