Materialise (NASDAQ:MTLS – Get 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.
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
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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