Weiss Ratings reissued their sell (e+) rating on shares of Xometry (NASDAQ:XMTR – Free Report) in a report published on Friday morning,Weiss Ratings reports.
A number of other equities analysts also recently weighed in on the company. JMP Securities boosted their target price on Xometry from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 6th. Citigroup reaffirmed an “outperform” rating on shares of Xometry in a report on Friday, July 11th. The Goldman Sachs Group reissued a “neutral” rating and issued a $49.00 price target (up previously from $42.00) on shares of Xometry in a research note on Thursday, October 16th. Cantor Fitzgerald raised shares of Xometry from an “underweight” rating to a “neutral” rating and set a $41.00 price objective for the company in a research note on Tuesday, August 5th. Finally, UBS Group increased their price target on shares of Xometry from $35.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.22.
Read Our Latest Report on Xometry
Xometry Trading Down 1.0%
Xometry (NASDAQ:XMTR – Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.05 by $0.04. The company had revenue of $162.55 million during the quarter, compared to the consensus estimate of $156.53 million. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. Analysts predict that Xometry will post -0.66 EPS for the current fiscal year.
Insider Transactions at Xometry
In other Xometry news, CFO James Miln sold 598 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50. Following the completion of the sale, the chief financial officer directly owned 144,115 shares in the company, valued at approximately $7,241,778.75. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Randolph Altschuler sold 9,331 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total transaction of $469,442.61. Following the sale, the chief executive officer directly owned 310,271 shares in the company, valued at approximately $15,609,734.01. The trade was a 2.92% decrease in their position. The disclosure for this sale can be found here. 9.66% of the stock is currently owned by company insiders.
Institutional Trading of Xometry
A number of institutional investors have recently made changes to their positions in the stock. CoreCap Advisors LLC boosted its holdings in shares of Xometry by 28.6% during the 3rd quarter. CoreCap Advisors LLC now owns 2,250 shares of the company’s stock valued at $123,000 after acquiring an additional 500 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Xometry in the third quarter worth approximately $47,000. Yarbrough Capital LLC purchased a new position in shares of Xometry in the third quarter worth approximately $552,000. LVW Advisors LLC boosted its holdings in shares of Xometry by 11.7% in the third quarter. LVW Advisors LLC now owns 12,826 shares of the company’s stock worth $699,000 after buying an additional 1,340 shares during the last quarter. Finally, Westend Capital Management LLC purchased a new position in shares of Xometry in the third quarter worth approximately $41,000. Hedge funds and other institutional investors own 97.31% 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.
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