Materialise (MTLS) to Release Earnings on Thursday

Materialise (NASDAQ:MTLS) is expected to be issuing its results before the market opens on Thursday, July 23rd. Analysts expect Materialise to announce earnings of $0.0457 per share and revenue of $78.2310 million for the quarter.

Materialise (NASDAQ:MTLS) last released its quarterly earnings results on Tuesday, March 31st. The software maker reported $0.03 earnings per share (EPS) for the quarter. Materialise had a return on equity of 4.05% and a net margin of 3.77%.The business had revenue of $76.72 million during the quarter. On average, analysts expect Materialise to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Materialise Price Performance

Shares of NASDAQ:MTLS opened at $6.56 on Tuesday. The firm’s 50 day moving average price is $6.56 and its 200-day moving average price is $5.78. The company has a quick ratio of 2.24, a current ratio of 2.42 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $387.50 million, a PE ratio of 32.80 and a beta of 1.32. Materialise has a twelve month low of $4.78 and a twelve month high of $7.50.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Materialise from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Pacer Advisors Inc. boosted its holdings in Materialise by 116.8% in the 4th quarter. Pacer Advisors Inc. now owns 4,726 shares of the software maker’s stock worth $26,000 after buying an additional 2,546 shares during the period. XTX Topco Ltd boosted its stake in shares of Materialise by 327.0% in the fourth quarter. XTX Topco Ltd now owns 49,915 shares of the software maker’s stock worth $277,000 after acquiring an additional 38,225 shares during the period. Quadrature Capital Ltd bought a new position in shares of Materialise in the fourth quarter worth about $56,000. Millennium Management LLC purchased a new position in Materialise in the 4th quarter worth approximately $75,000. Finally, Archon Capital Management LLC boosted its stake in Materialise by 50.6% in the 4th quarter. Archon Capital Management LLC now owns 654,623 shares of the software maker’s stock worth $3,633,000 after purchasing an additional 219,995 shares during the period. Hedge funds and other institutional investors own 19.30% of the company’s stock.

Materialise Company Profile

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.