Xometry, Inc. (NASDAQ:XMTR - Get Free Report) COO Peter Goguen sold 940 shares of the business's stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $17.22, for a total transaction of $16,186.80. Following the completion of the transaction, the chief operating officer now owns 192,419 shares in the company, valued at approximately $3,313,455.18. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Xometry Trading Down 0.7 %
XMTR stock opened at $17.39 on Friday. The company has a quick ratio of 4.60, a current ratio of 4.64 and a debt-to-equity ratio of 0.89. Xometry, Inc. has a twelve month low of $11.08 and a twelve month high of $38.74. The company has a market cap of $857.33 million, a P/E ratio of -12.79 and a beta of 0.57. The business has a fifty day moving average of $17.60 and a 200-day moving average of $16.13.
Xometry (NASDAQ:XMTR - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.13. The company had revenue of $132.60 million for the quarter, compared to the consensus estimate of $128.65 million. Xometry had a negative net margin of 10.53% and a negative return on equity of 10.75%. The company's revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.55) EPS. As a group, equities research analysts expect that Xometry, Inc. will post -0.81 EPS for the current year.
Analyst Ratings Changes
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XMTR has been the topic of several recent analyst reports. Cantor Fitzgerald reduced their target price on Xometry from $13.00 to $12.00 and set an "underweight" rating on the stock in a report on Friday, August 9th. JMP Securities reissued a "market outperform" rating and issued a $27.00 price objective on shares of Xometry in a research note on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Xometry presently has an average rating of "Hold" and an average price target of $22.14.
View Our Latest Report on XMTR
Institutional Trading of Xometry
A number of institutional investors have recently bought and sold shares of the business. nVerses Capital LLC acquired a new position in shares of Xometry in the 2nd quarter valued at $38,000. ProShare Advisors LLC bought a new stake in Xometry in the second quarter valued at about $53,000. Point72 Asset Management L.P. acquired a new position in Xometry in the second quarter valued at about $55,000. SG Americas Securities LLC bought a new position in Xometry during the third quarter worth about $153,000. Finally, Texas Capital Bank Wealth Management Services Inc acquired a new position in shares of Xometry during the 1st quarter worth about $169,000. Institutional investors and hedge funds own 97.31% of the company's stock.
About Xometry
(
Get Free Report)
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.
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