After finishing at $18.00 in the prior trading day, Xometry Inc (NASDAQ: XMTR) closed at $17.05, down -5.28%. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 2019225 shares were traded.
Ratios:
Our goal is to gain a better understanding of XMTR by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 when Rallo James M sold 5,000 shares for $30.85 per share. The transaction valued at 154,270 led to the insider holds 44,381 shares of the business.
Rollins Emily sold 1,000 shares of XMTR for $32,394 on Jan 26. The Director now owns 10,770 shares after completing the transaction at $32.39 per share. On Jan 22, another insider, Rallo James M, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $33.02 each. As a result, the insider received 165,110 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 866.50M and an Enterprise Value of 897.24M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 1.94 whereas that against EBITDA is -17.16.
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 32.09, while the 200-Day Moving Average is calculated to be 22.56.
Shares Statistics:
The stock has traded on average 640.04K shares per day over the past 3-months and 1.11M shares per day over the last 10 days, according to various share statistics. A total of 45.49M shares are outstanding, with a floating share count of 39.50M. Insiders hold about 17.83% of the company’s shares, while institutions hold 97.71% stake in the company. Shares short for XMTR as of Feb 15, 2024 were 4.05M with a Short Ratio of 6.33, compared to 3.94M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.41% and a Short% of Float of 14.08%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.18, while EPS last year was -$0.2. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.14 and low estimates of -$0.1.
Analysts are recommending an EPS of between $0.49 and -$0.25 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.4, with 5 analysts recommending between $0.7 and $0.1.
Revenue Estimates
9 analysts predict $121M in revenue for the current quarter. It ranges from a high estimate of $136.3M 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 14.90% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $131.66M, an increase of 18.60% over than the figure of $14.90% in the same quarter last year. There is a high estimate of $144.44M for the next quarter, whereas the lowest estimate is $127.4M.
A total of 9 analysts have provided revenue estimates for XMTR’s current fiscal year. The highest revenue estimate was $601.84M, while the lowest revenue estimate was $534.9M, resulting in an average revenue estimate of $546.02M. In the same quarter a year ago, actual revenue was $463.41M, up 17.80% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $663.2M in the next fiscal year. The high estimate is $763.37M and the low estimate is $633.2M. The average revenue growth estimate for next year is up 21.50% from the average revenue estimate for this year.
