Xometry (NASDAQ:XMTR) Posts Quarterly Earnings Results, Hits Expectations

Xometry (NASDAQ:XMTRGet Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11, Briefing.com reports. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The business had revenue of $180.72 million for the quarter, compared to analysts’ expectations of $168.25 million. During the same quarter last year, the firm earned $0.02 earnings per share. The business’s revenue was up 27.5% on a year-over-year basis. Xometry updated its Q4 2025 guidance to EPS.

Xometry Stock Up 1.0%

Xometry stock traded up $0.62 during mid-day trading on Wednesday, hitting $63.24. The company’s stock had a trading volume of 485,364 shares, compared to its average volume of 721,543. The firm’s 50 day moving average is $50.96 and its 200 day moving average is $40.26. The company has a market cap of $3.21 billion, a PE ratio of -51.55 and a beta of 0.87. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85. Xometry has a 52-week low of $18.59 and a 52-week high of $63.52.

Insider Activity

In other news, CEO Randolph Altschuler sold 9,331 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total value of $469,442.61. Following the transaction, the chief executive officer directly owned 310,271 shares of the company’s stock, valued at approximately $15,609,734.01. This represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO James Miln sold 598 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total transaction of $30,049.50. Following the transaction, the chief financial officer directly owned 144,115 shares in the company, valued at $7,241,778.75. The trade was a 0.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.66% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Xometry

Several hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. raised its position in shares of Xometry by 27.2% during the second quarter. Osaic Holdings Inc. now owns 4,438 shares of the company’s stock valued at $150,000 after buying an additional 948 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Xometry by 830.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,130 shares of the company’s stock valued at $241,000 after buying an additional 6,364 shares in the last quarter. Brevan Howard Capital Management LP bought a new position in Xometry during the second quarter worth about $242,000. Lazard Asset Management LLC boosted its holdings in Xometry by 162.0% during the second quarter. Lazard Asset Management LLC now owns 14,282 shares of the company’s stock valued at $482,000 after purchasing an additional 8,831 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Xometry by 7.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,054 shares of the company’s stock valued at $649,000 after purchasing an additional 1,877 shares in the last quarter. 97.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on XMTR. UBS Group boosted their price objective on Xometry from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Citizens Jmp boosted their price objective on Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a report on Wednesday. Citigroup restated an “outperform” rating on shares of Xometry in a research note on Wednesday. Cantor Fitzgerald lifted their target price on Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, The Goldman Sachs Group boosted their price objective on Xometry from $49.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $51.90.

View Our Latest Stock Analysis on Xometry

About Xometry

(Get Free Report)

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.

See Also

Earnings History for Xometry (NASDAQ:XMTR)

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