During the recent session, Xometry Inc (NASDAQ:XMTR)’s traded shares were 0.43 million, with the beta value of the company hitting 0.55. At the last check today, the stock’s price was $21.31, reflecting an intraday gain of 8.26% or $1.63. The 52-week high for the XMTR share is $38.74, that puts it down -81.79 from that peak though still a striking 48.01% gain since the share price plummeted to a 52-week low of $11.08. The company’s market capitalization is $1.05B, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 486.09K shares over the past three months.
Xometry Inc (XMTR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.10. XMTR has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.02.
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Xometry Inc (NASDAQ:XMTR) trade information
Xometry Inc (XMTR) registered a 8.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.26% in intraday trading to $21.31, hitting a weekly high. The stock’s 5-day price performance is 9.82%, and it has moved by 21.67% in 30 days. Based on these gigs, the overall price performance for the year is 46.63%. The short interest in Xometry Inc (NASDAQ:XMTR) is 5.52 million shares and it means that shorts have 16.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $26.5, which implies an increase of 19.58% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $44 respectively. As a result, XMTR is trading at a discount of -106.48% off the target high and 39.0% off the low.
Xometry Inc (XMTR) estimates and forecasts
Statistics show that Xometry Inc has outperformed its competitors in share price, compared to the industry in which it operates. Xometry Inc (XMTR) shares have gone up 16.17% during the last six months, with a year-to-date growth rate more than the industry average at 55.00% against 5.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 60.00% this quarter and then jump 200.00% in the quarter after that. In the rating firms’ projections, revenue will increase 16.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 137.7M as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 145.93M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 118.93M and 128.15M respectively. In this case, analysts expect current quarter sales to grow by 15.80% and then jump by 13.90% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -19.14%. While earnings are projected to return 63.44% in 2024.
XMTR Dividends
Xometry Inc is due to release its next quarterly earnings on 2024-Nov-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Xometry Inc (NASDAQ:XMTR)’s Major holders
Xometry Inc insiders own 10.32% of total outstanding shares while institutional holders control 100.48%, with the float percentage being 112.04%. PRIMECAP MANAGEMENT CO/CA/ is the largest shareholder of the company, while 188.0 institutions own stock in it. As of 2024-06-30, the company held over 6.8 million shares (or 14.0084% of all shares), a total value of $78.67 million in shares.
The next largest institutional holding, with 6.02 million shares, is of EVENTIDE ASSET MANAGEMENT, LLC’s that is approximately 12.3936% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $69.6 million.
