Markforged Holding Co. (NYSE:MKFG – Free Report) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Markforged in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen forecasts that the company will earn ($0.93) per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $5.00 price target on the stock. The consensus estimate for Markforged’s current full-year earnings is ($2.00) per share.
Separately, Lake Street Capital reiterated a “hold” rating on shares of Markforged in a research note on Thursday, September 26th.
Markforged Stock Down 0.6 %
NYSE:MKFG opened at $3.33 on Wednesday. The stock’s fifty day moving average is $3.68 and its two-hundred day moving average is $3.65. Markforged has a 52 week low of $1.57 and a 52 week high of $8.80. The stock has a market capitalization of $68.66 million, a price-to-earnings ratio of -0.77 and a beta of 1.51.
Markforged (NYSE:MKFG – Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.47) earnings per share (EPS) for the quarter. Markforged had a negative net margin of 101.18% and a negative return on equity of 34.99%. The company had revenue of $20.48 million during the quarter. During the same period in the previous year, the business earned ($0.70) EPS.
Hedge Funds Weigh In On Markforged
An institutional investor recently raised its position in Markforged stock. Divisar Capital Management LLC boosted its position in Markforged Holding Co. (NYSE:MKFG – Free Report) by 7.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,864,892 shares of the company’s stock after purchasing an additional 561,304 shares during the quarter. Divisar Capital Management LLC owned about 3.91% of Markforged worth $3,225,000 as of its most recent filing with the Securities and Exchange Commission. 87.30% of the stock is currently owned by institutional investors and hedge funds.
About Markforged
Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries.
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