Breaking Down Xometry: 5 Analysts Share Their Views

Comments
Loading...

During the last three months, 5 analysts shared their evaluations of Xometry XMTR, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 1 1 0
Last 30D 0 0 0 1 0
1M Ago 0 1 0 0 0
2M Ago 0 0 1 0 0
3M Ago 0 2 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $37.8, a high estimate of $45.00, and a low estimate of $20.00. This upward trend is evident, with the current average reflecting a 27.7% increase from the previous average price target of $29.60.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The perception of Xometry by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Troy Jensen Cantor Fitzgerald Raises Underweight $20.00 $12.00
Nicholas Jones JMP Securities Maintains Market Outperform $42.00 $42.00
Matthew Swanson RBC Capital Raises Sector Perform $40.00 $27.00
Cory Carpenter JP Morgan Raises Overweight $45.00 $25.00
Mitch Germain JMP Securities Maintains Market Outperform $42.00 $42.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Xometry. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Xometry compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Xometry's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Xometry's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Xometry analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering Xometry: A Closer Look

Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as the U.S. and the International. The majority of the revenue is earned from the U.S. segment.

Key Indicators: Xometry's Financial Health

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Xometry showcased positive performance, achieving a revenue growth rate of 19.15% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -7.2%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Xometry's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -3.23%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Xometry's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.5%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Xometry's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.94.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: