Brokers Offer Predictions for Xometry FY2025 Earnings

Xometry, Inc. (NASDAQ:XMTR) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Xometry in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen anticipates that the company will post earnings per share of ($0.42) for the year. Cantor Fitzgerald currently has a “Underweight” rating and a $12.00 target price on the stock. The consensus estimate for Xometry’s current full-year earnings is ($0.66) per share.

A number of other brokerages have also recently issued reports on XMTR. Royal Bank of Canada increased their price objective on shares of Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Friday, January 3rd. Craig Hallum upped 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. Wedbush restated an “outperform” rating and issued a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. UBS Group increased their target price on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, JMP Securities reissued a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.33.

Xometry Trading Up 0.7 %

Xometry stock opened at $33.25 on Wednesday. Xometry has a 12-month low of $11.08 and a 12-month high of $45.33. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -31.67 and a beta of 0.70. The firm has a 50 day moving average of $35.54 and a 200 day moving average of $24.48. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90.

Insider Buying and Selling at Xometry

In other news, CFO James Miln sold 5,386 shares of the company’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $42.33, for a total transaction of $227,989.38. Following the sale, the chief financial officer now directly owns 102,329 shares in the company, valued at approximately $4,331,586.57. This represents a 5.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Peter Goguen sold 3,000 shares of Xometry stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $34.50, for a total value of $103,500.00. Following the completion of the transaction, the chief operating officer now owns 164,993 shares of the company’s stock, valued at approximately $5,692,258.50. This represents a 1.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,605 shares of company stock worth $1,533,640 in the last quarter. 16.79% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Xometry

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ProShare Advisors LLC bought a new position in shares of Xometry during the 2nd quarter valued at approximately $53,000. Point72 Asset Management L.P. purchased a new position in Xometry during the second quarter worth $55,000. US Bancorp DE increased its position in Xometry by 57.7% during the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after acquiring an additional 2,037 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Xometry in the fourth quarter valued at $274,000. Finally, SG Americas Securities LLC bought a new stake in shares of Xometry in the 3rd quarter worth about $153,000. 97.31% of the stock is currently owned by hedge funds and other 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.