The price of Xometry Inc (NASDAQ: XMTR) closed at $16.35 in the last session, down -4.94% from day before closing price of $17.20. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 558993 shares were traded.
Ratios:
We take a closer look at XMTR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.21 and its Current Ratio is at 4.24. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on April 10, 2023, initiated with a Mkt Outperform rating and assigned the stock a target price of $20.
On March 02, 2023, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $45 to $21.
JP Morgan Downgraded its Overweight to Neutral on March 02, 2023, whereas the target price for the stock was revised from $55 to $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 20 ’24 when Goguen Peter sold 3,943 shares for $17.61 per share. The transaction valued at 69,425 led to the insider holds 197,211 shares of the business.
Weymouth Katharine bought 500 shares of XMTR for $8,428 on Mar 04 ’24. The Director now owns 22,555 shares after completing the transaction at $16.86 per share. On Feb 20 ’24, another insider, Rallo James M, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $30.85 each. As a result, the insider received 154,270 and left with 44,381 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XMTR now has a Market Capitalization of 836.03M and an Enterprise Value of 866.77M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.71 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 1.87 whereas that against EBITDA is -16.57.
Stock Price History:
Over the past 52 weeks, XMTR has reached a high of $38.74, while it has fallen to a 52-week low of $12.45. The 50-Day Moving Average of the stock is 27.11, while the 200-Day Moving Average is calculated to be 22.52.
Shares Statistics:
According to the various share statistics, XMTR traded on average about 672.56K shares per day over the past 3-months and 522.43k shares per day over the past 10 days. A total of 45.49M shares are outstanding, with a floating share count of 39.68M. Insiders hold about 18.32% of the company’s shares, while institutions hold 96.65% stake in the company. Shares short for XMTR as of Feb 29, 2024 were 4.29M with a Short Ratio of 6.38, compared to 3.85M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.84% and a Short% of Float of 14.70%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.18, while EPS last year was -$0.2. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.02 and low estimates of -$0.1.
Analysts are recommending an EPS of between $0.03 and -$0.23 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.42, with 5 analysts recommending between $0.7 and $0.21.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $119.09M. It ranges from a high estimate of $119.46M to a low estimate of $118.64M. As of the current estimate, Xometry Inc’s year-ago sales were $105.33M, an estimated increase of 13.10% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $130.06M, an increase of 17.20% over than the figure of $13.10% in the same quarter last year. There is a high estimate of $136M for the next quarter, whereas the lowest estimate is $127.4M.
A total of 8 analysts have provided revenue estimates for XMTR’s current fiscal year. The highest revenue estimate was $547M, while the lowest revenue estimate was $534.9M, resulting in an average revenue estimate of $539.04M. In the same quarter a year ago, actual revenue was $463.41M, up 16.30% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $650.68M in the next fiscal year. The high estimate is $669M and the low estimate is $633.2M. The average revenue growth estimate for next year is up 20.70% from the average revenue estimate for this year.
