Materialise (NASDAQ:MTLS) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Materialise from a "buy" to a "strong-buy" in a report issued Saturday, signaling increased bullishness from that research provider.
• Materialise topped estimates in its latest quarter with $0.12 EPS versus a $0.06 consensus and revenue of $82.32 million versus $70.73 million expected.
• The stock trades around $5.63 with a market cap of about $332.6M, while Cantor Fitzgerald has an $10 target/overweight; however, the consensus analyst rating remains a "Hold" with an average target of $10.

Materialise (NASDAQ:MTLS - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued on Saturday.

Separately, Cantor Fitzgerald set a $10.00 target price on Materialise and gave the company an "overweight" rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $10.00.

Materialise Stock Up 2.6%

Shares of NASDAQ:MTLS opened at $5.63 on Friday. The company's fifty day moving average is $5.17 and its two-hundred day moving average is $5.57. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.27 and a current ratio of 2.43. Materialise has a 1-year low of $4.78 and a 1-year high of $6.80. The stock has a market capitalization of $332.56 million, a price-to-earnings ratio of 37.54 and a beta of 1.28.

Materialise (NASDAQ:MTLS - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The software maker reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. The business had revenue of $82.32 million during the quarter, compared to analyst estimates of $70.73 million. Materialise had a net margin of 2.96% and a return on equity of 3.23%. Equities analysts anticipate that Materialise will post 0.11 EPS for the current year.

Hedge Funds Weigh In On Materialise

Several institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. lifted its position in Materialise by 116.8% in the 4th quarter. Pacer Advisors Inc. now owns 4,726 shares of the software maker's stock valued at $26,000 after purchasing an additional 2,546 shares during the last quarter. GAMMA Investing LLC grew its position in Materialise by 123.8% in the 4th quarter. GAMMA Investing LLC now owns 9,869 shares of the software maker's stock worth $55,000 after purchasing an additional 5,459 shares during the last quarter. Teton Advisors LLC acquired a new stake in shares of Materialise in the third quarter valued at approximately $56,000. Quadrature Capital Ltd acquired a new stake in shares of Materialise in the fourth quarter valued at approximately $56,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Materialise by 1,453.3% during the second 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 during the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.