Xometry Inc (NASDAQ:XMTR) has a beta value of 0.82 and has seen 0.5 million shares traded in the recent trading session. The company, currently valued at $2.03B, closed the recent trade at $39.92 per share which meant it gained $2.7 on the day or 7.25% during that session. The XMTR stock price is 2.96% off its 52-week high price of $38.74 and 72.24% above the 52-week low of $11.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.5 million shares traded. The 3-month trading volume is 498.33K shares.
The consensus among analysts is that Xometry Inc (XMTR) is Buy stock at the moment, with a recommendation rating of 1.90. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 8 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.03.
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Xometry Inc (NASDAQ:XMTR) trade information
Sporting 7.25% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the XMTR stock price touched $39.92 or saw a rise of 2.75%. Year-to-date, Xometry Inc shares have moved 11.17%, while the 5-day performance has seen it change 14.81%. Over the past 30 days, the shares of Xometry Inc (NASDAQ:XMTR) have changed 34.37%. Short interest in the company has seen 4.11 million shares shorted with days to cover at 6.55.
Wall Street analysts have a consensus price target for the stock at $30, which means that the shares’ value could drop -33.07% from the levels at last check today. The projected low price target is $28.0 while the price target rests at a high of $32.0. In that case, then, we find that the latest price level in today’s session is 19.84% off the targeted high while a plunge would see the stock lose 29.86% from the levels at last check today.
Xometry Inc (XMTR) estimates and forecasts
Figures show that Xometry Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 217.58% over the past 6 months, with this year growth rate of 70.00%, compared to 3.60% for the industry. Revenue growth from the last financial year stood is estimated to be 17.25%.
10 analysts offering their estimates for the company have set an average revenue estimate of 146.38M for the current quarter. 8 have an estimated revenue figure of 150.25M for the next ending quarter. Year-ago sales stood 128.15M and 122.69M respectively for this quarter and the next, and analysts expect sales will grow by 14.23% for the current quarter and 17.25% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -19.14% over the past 5 years.
XMTR Dividends
Xometry Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Xometry Inc (NASDAQ:XMTR)’s Major holders
Insiders own 9.92% of the company shares, while shares held by institutions stand at 98.33% with a share float percentage of 109.15%. Investors are also buoyed by the number of investors in a company, with Xometry Inc having a total of 192.0 institutions that hold shares in the company. The top two institutional holders are PRIMECAP MANAGEMENT CO/CA/ with over 6.8 million shares worth more than $78.67 million. As of 2024-06-30, PRIMECAP MANAGEMENT CO/CA/ held 14.0084% of shares outstanding.
The other major institutional holder is EVENTIDE ASSET MANAGEMENT, LLC, with the holding of over 6.02 million shares as of 2024-06-30. The firm’s total holdings are worth over $69.6 million and represent 12.3936% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Primecap Odyssey Growth Fund and Mutual Fund Ser Tr-Eventide Gilead Fund. As of Sep 30, 2024, the former fund manager holds about 8.65% shares in the company for having 4.06 shares of worth $161.79 million while later fund manager owns 3.99 shares of worth $158.89 million as of Sep 30, 2024, which makes it owner of about 8.50% of company’s outstanding stock.
