Xometry (XMTR) to Release Earnings on Thursday

Xometry (NASDAQ:XMTR) is scheduled to 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 participating in the company’s conference call can do so using this link.

Xometry (NASDAQ:XMTR) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $128.15 million during 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 Stock Performance

XMTR opened at $17.59 on Tuesday. The company has a fifty day moving average price of $18.12 and a two-hundred day moving average price of $23.80. The company has a quick ratio of 4.25, a current ratio of 4.28 and a debt-to-equity ratio of 0.85. Xometry has a 52 week low of $12.77 and a 52 week high of $38.74.

Analyst Upgrades and Downgrades

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

Insider Transactions at Xometry

In related news, COO Peter Goguen sold 3,943 shares of the company’s stock in a transaction 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 transaction, 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 through the SEC website. In other news, CFO James M. Rallo sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $30.85, for a total value of $154,250.00. Following the sale, the chief financial officer now owns 44,381 shares of the company’s stock, valued at $1,369,153.85. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Peter Goguen sold 3,943 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total transaction of $69,436.23. Following the completion of the transaction, the chief operating officer now directly owns 197,211 shares of the company’s stock, valued at approximately $3,472,885.71. The disclosure for this sale can be found here. Insiders sold 10,243 shares of company stock valued at $247,252 over the last quarter. Corporate 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.