FY2025 EPS Estimates for Xometry Raised by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its earnings estimates for Xometry's FY2025 EPS from ($0.40) to ($0.36), maintaining a "Neutral" rating with a target price of $41.00.
• Xometry reported $162.55 million in revenue for its recent quarter, surpassing estimates, and achieved an EPS of $0.09, beating the consensus estimate of $0.05.
• Analysts have varying ratings on Xometry, with most recent actions including an “outperform” rating from Citigroup and a price target increase to $50.00 from JMP Securities.

Xometry, Inc. (NASDAQ:XMTR - Free Report) - Equities researchers at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for shares of Xometry in a research note issued on Wednesday, August 6th. Cantor Fitzgerald analyst T. Jensen now forecasts that the company will post earnings per share of ($0.36) for the year, up from their previous estimate of ($0.40). Cantor Fitzgerald has a "Neutral" rating and a $41.00 price target on the stock. The consensus estimate for Xometry's current full-year earnings is ($0.66) per share. Cantor Fitzgerald also issued estimates for Xometry's FY2026 earnings at ($0.13) EPS.

Xometry (NASDAQ:XMTR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%. The company had revenue of $162.55 million for the quarter, compared to the consensus estimate of $156.53 million. During the same quarter last year, the company earned ($0.01) EPS. The firm's quarterly revenue was up 22.6% on a year-over-year basis.

Other analysts also recently issued research reports about the company. JMP Securities lifted their price objective on Xometry from $45.00 to $50.00 and gave the stock a "market outperform" rating in a research note on Wednesday. UBS Group lifted their price objective on Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Wednesday. The Goldman Sachs Group lifted their target price on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday. Royal Bank Of Canada lifted their target price on Xometry from $32.00 to $36.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Finally, Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $40.44.

Xometry Price Performance

NASDAQ:XMTR traded down $1.44 during trading hours on Friday, reaching $41.64. The stock had a trading volume of 945,087 shares, compared to its average volume of 987,712. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.70 and a current ratio of 3.91. Xometry has a 52 week low of $14.68 and a 52 week high of $47.46. The company has a 50 day moving average price of $34.09 and a two-hundred day moving average price of $30.59. The stock has a market capitalization of $2.11 billion, a PE ratio of -33.85 and a beta of 0.83.

Institutional Trading of Xometry

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Xometry by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 4,413,337 shares of the company's stock worth $109,980,000 after buying an additional 120,065 shares during the period. Sylebra Capital LLC lifted its holdings in shares of Xometry by 2.6% in the 1st quarter. Sylebra Capital LLC now owns 1,881,624 shares of the company's stock worth $46,890,000 after buying an additional 46,874 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Xometry by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,084,117 shares of the company's stock worth $36,637,000 after buying an additional 9,360 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of Xometry by 4.4% in the 1st quarter. New York State Common Retirement Fund now owns 942,088 shares of the company's stock worth $23,477,000 after buying an additional 39,480 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Xometry by 225.7% in the 4th quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company's stock worth $36,381,000 after buying an additional 590,974 shares during the period. 97.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Randolph Altschuler sold 9,332 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total transaction of $302,263.48. Following the completion of the sale, the chief executive officer directly owned 319,602 shares of the company's stock, valued at approximately $10,351,908.78. The trade was a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 9.66% of the company's stock.

About Xometry

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.