Materialise (NASDAQ:MTLS) Posts Earnings Results

Materialise (NASDAQ:MTLSGet Free Report) released its quarterly earnings results on Wednesday. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02, FiscalAI reports. Materialise had a return on equity of 4.05% and a net margin of 3.77%.The business had revenue of $78.90 million during the quarter, compared to the consensus estimate of $78.23 million.

Materialise Trading Up 3.1%

NASDAQ:MTLS opened at $6.67 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.42 and a quick ratio of 2.24. The firm has a market capitalization of $394.00 million, a price-to-earnings ratio of 33.35 and a beta of 1.34. Materialise has a one year low of $4.78 and a one year high of $7.50. The business has a fifty day moving average price of $6.74 and a 200-day moving average price of $5.97.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Materialise from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $10.00.

View Our Latest Stock Analysis on MTLS

Institutional Trading of Materialise

Several hedge funds have recently bought and sold shares of MTLS. Pacer Advisors Inc. increased its position in Materialise by 116.8% in the fourth quarter. Pacer Advisors Inc. now owns 4,726 shares of the software maker’s stock worth $26,000 after buying an additional 2,546 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of Materialise during the 4th quarter valued at about $56,000. Osaic Holdings Inc. lifted its position in shares of Materialise by 1,453.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock valued at $66,000 after buying an additional 10,900 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of Materialise by 209.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 13,092 shares of the software maker’s stock valued at $73,000 after acquiring an additional 8,861 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Materialise by 19,063.2% during the 2nd quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock valued at $74,000 after acquiring an additional 12,963 shares during the period. Institutional investors own 19.30% of the company’s stock.

About Materialise

(Get Free Report)

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.

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Earnings History for Materialise (NASDAQ:MTLS)

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