Xometry, Inc. (NASDAQ:XMTR – Free Report) – Cantor Fitzgerald upped their FY2025 earnings estimates for Xometry in a research note issued to investors on Wednesday, February 26th. Cantor Fitzgerald analyst T. Jensen now anticipates that the company will earn ($0.40) per share for the year, up from their previous forecast of ($0.42). Cantor Fitzgerald has a “Underweight” rating and a $20.00 price target on the stock. The consensus estimate for Xometry’s current full-year earnings is ($0.66) per share.
A number of other research firms also recently weighed in on XMTR. Citigroup raised their target price on shares of Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Craig Hallum lifted their target price on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. JMP Securities reiterated a “market outperform” rating and issued a $42.00 price objective on shares of Xometry in a research note on Monday, February 10th. Wedbush restated an “outperform” rating and issued a $48.00 target price on shares of Xometry in a research report on Friday, December 20th. Finally, The Goldman Sachs Group lifted their price target on shares of Xometry from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Xometry currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.44.
Xometry Trading Down 5.0 %
XMTR opened at $27.02 on Thursday. Xometry has a twelve month low of $11.08 and a twelve month high of $45.33. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The firm’s fifty day moving average is $36.61 and its two-hundred day moving average is $28.01. The firm has a market cap of $1.34 billion, a PE ratio of -25.73 and a beta of 0.65.
Insider Transactions at Xometry
In related news, CFO James Miln sold 5,386 shares of Xometry stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $42.33, for a total value of $227,989.38. Following the sale, the chief financial officer now owns 102,329 shares in the company, valued at $4,331,586.57. The trade was a 5.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Peter Goguen sold 940 shares of Xometry stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $42.36, for a total value of $39,818.40. Following the completion of the transaction, the chief operating officer now directly owns 167,993 shares of the company’s stock, valued at approximately $7,116,183.48. This represents a 0.56 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,312 shares of company stock valued at $517,537. 16.79% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Xometry
Large investors have recently made changes to their positions in the company. Global Retirement Partners LLC bought a new position in Xometry in the 4th quarter worth approximately $27,000. Canada Pension Plan Investment Board purchased a new stake in Xometry during the 4th quarter valued at $38,000. Comerica Bank grew its position in Xometry by 195.1% in the 4th quarter. Comerica Bank now owns 1,133 shares of the company’s stock valued at $48,000 after acquiring an additional 749 shares during the last quarter. CoreCap Advisors LLC bought a new position in Xometry in the 4th quarter valued at $51,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Xometry during the 4th quarter worth $73,000. 97.31% of the stock is currently owned by institutional investors.
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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