Xometry (XMTR) Set to Announce Quarterly Earnings on Tuesday

Xometry (NASDAQ:XMTR) is set to post its quarterly earnings results before the market opens on Tuesday, November 5th. Analysts expect Xometry to post earnings of ($0.04) per share for the quarter. Xometry has set its Q3 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Xometry (NASDAQ:XMTR) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.13. Xometry had a negative return on equity of 10.75% and a negative net margin of 10.53%. The company had revenue of $132.60 million for the quarter, compared to analysts’ expectations of $128.65 million. During the same quarter in the previous year, the firm posted ($0.55) earnings per share. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. On average, analysts expect Xometry to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Xometry Stock Up 14.2 %

Shares of NASDAQ XMTR opened at $22.48 on Friday. Xometry has a 1 year low of $11.08 and a 1 year high of $38.74. The stock’s 50-day simple moving average is $19.00 and its 200-day simple moving average is $16.43. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.60 and a current ratio of 4.64. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -20.62 and a beta of 0.55.

Analysts Set New Price Targets

Several analysts have issued reports on XMTR shares. Cantor Fitzgerald cut their price objective on Xometry from $13.00 to $12.00 and set an “underweight” rating on the stock in a research note on Friday, August 9th. JMP Securities upped their price target on Xometry from $27.00 to $32.00 and gave the company a “market outperform” rating in a research report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $22.86.

Insider Buying and Selling

In other news, CTO Matthew Leibel sold 3,400 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $18.45, for a total transaction of $62,730.00. Following the completion of the transaction, the chief technology officer now owns 82,918 shares of the company’s stock, valued at approximately $1,529,837.10. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 16.79% of the company’s stock.

About Xometry

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.