Xometry Inc (NASDAQ:XMTR)’s traded shares stood at 0.33 million during the last session, with the company’s beta value hitting 0.58. At the close of trading, the stock’s price was $17.39, to imply a decrease of -0.69% or -$0.12 in intraday trading. The XMTR share’s 52-week high remains $38.74, putting it -122.77% down since that peak but still an impressive 36.29% since price per share fell to its 52-week low of $11.08. The company has a valuation of $857.33M, with an average of 0.36 million shares in intraday trading volume over the past 10 days and average of 513.34K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Xometry Inc (XMTR), translating to a mean rating of 2.10. Of 8 analyst(s) looking at the stock, 1 analyst(s) give XMTR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.02.
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Xometry Inc (NASDAQ:XMTR) trade information
After registering a -0.69% downside in the last session, Xometry Inc (XMTR) has traded red over the past five days. The 5-day price performance for the stock is -7.45%, and -7.35% over 30 days. With these gigs, the year-to-date price performance is -51.57%. Short interest in Xometry Inc (NASDAQ:XMTR) saw shorts transact 5.89 million shares and set a 12.96 days time to cover.
The extremes give us $13 and $44 for target low and target high price respectively. As such, XMTR has been trading -153.02% off suggested target high and 25.24% from its likely low.
Xometry Inc (XMTR) estimates and forecasts
Looking at statistics comparing Xometry Inc share performance against respective industry, we note that the company has outperformed competitors. Xometry Inc (XMTR) shares are -2.63% down over the last 6 months, with its year-to-date growth rate higher than industry average at 55.00% against 6.20%. Revenue is forecast to grow 60.00% this quarter before jumping 200.00% for the next one. The rating firms project that company’s revenue will grow 16.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 10 analysts is 137.19M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 145.93M.Earnings reports from the last fiscal year show that sales brought in 118.93M and 128.15M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 15.40% before jumping 13.90% in the following quarter.
XMTR Dividends
Xometry Inc has its next earnings report out on 2024-Aug-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Xometry Inc (NASDAQ:XMTR)’s Major holders
Xometry Inc insiders hold 10.28% of total outstanding shares, with institutional holders owning 100.48% of the shares at 112.00% float percentage. In total, 100.48% institutions holds shares in the company, led by PRIMECAP MANAGEMENT CO/CA/. As of 2024-06-30, the company held over 6.8 million shares (or 14.0084% of shares), all amounting to roughly $78.67 million.
The next major institution holding the largest number of shares is EVENTIDE ASSET MANAGEMENT, LLC with 6.02 million shares, or about 12.3936% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $69.6 million.
