The closing price of Xometry Inc (NASDAQ: XMTR) was $16.92 for the day, down -3.20% from the previous closing price of $17.48. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 700527 shares were traded.
Ratios:
Our analysis of XMTR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’24 when Weymouth Katharine bought 500 shares for $16.86 per share. The transaction valued at 8,428 led to the insider holds 22,555 shares of the business.
Rallo James M sold 5,000 shares of XMTR for $154,270 on Feb 20 ’24. The Chief Financial Officer now owns 44,381 shares after completing the transaction at $30.85 per share. On Jan 26 ’24, another insider, Rollins Emily, who serves as the Director of the company, sold 1,000 shares for $32.39 each. As a result, the insider received 32,394 and left with 10,770 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 822.91M and an Enterprise Value of 853.66M. 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 2.47. Its current Enterprise Value per Revenue stands at 1.84 whereas that against EBITDA is -16.32.
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 28.99, while the 200-Day Moving Average is calculated to be 22.57.
Shares Statistics:
XMTR traded an average of 707.81K shares per day over the past three months and 1.19M shares per day over the past ten days. A total of 45.49M shares are outstanding, with a floating share count of 39.94M. Insiders hold about 17.78% of the company’s shares, while institutions hold 96.64% stake in the company. Shares short for XMTR as of Feb 29, 2024 were 4.29M with a Short Ratio of 6.06, 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 firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of -$0.14 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 -$0.1. EPS for the following year is $0.45, with 6 analysts recommending between $0.7 and $0.21.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. 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, 9 analysts are estimating revenue of $129.88M, an increase of 17.00% 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 9 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 $539.76M. In the same quarter a year ago, actual revenue was $463.41M, up 16.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $653.88M in the next fiscal year. The high estimate is $679.52M and the low estimate is $633.2M. The average revenue growth estimate for next year is up 21.10% from the average revenue estimate for this year.
