Xometry (NASDAQ:XMTR) Sets New 1-Year High - Here's What Happened

Key Points

• Xometry's stock reached a new 52-week high of $52.52, reflecting significant interest with a trading volume of 193,324 shares.
• Equities analysts are optimistic about Xometry's future, with several raising their price targets and over half giving the stock a "Buy" rating, contributing to an average target price of $40.44.
• Insider transactions noted, including CEO Randolph Altschuler selling 9,332 shares, demonstrate a modest decrease in insider ownership while institutional investors hold a substantial 97.31% of the company's stock.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as $52.52 and last traded at $52.51, with a volume of 193324 shares trading hands. The stock had previously closed at $50.96.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. JMP Securities lifted their price objective on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. lifted their price objective on Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a report on Tuesday, June 3rd. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. UBS Group boosted their target price on Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Finally, Cantor Fitzgerald upgraded Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price on the stock in a research note on Tuesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $40.44.

Xometry Price Performance

The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.85 and a current ratio of 3.91. The business has a fifty day moving average of $41.61 and a two-hundred day moving average of $33.01. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of -42.38 and a beta of 0.87.

Xometry (NASDAQ:XMTR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $162.55 million for the quarter, compared to analyst estimates of $156.53 million. During the same period in the prior year, the firm posted ($0.01) EPS. The company's revenue for the quarter was up 22.6% on a year-over-year basis. Xometry has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other Xometry news, CEO Randolph Altschuler sold 9,332 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $32.39, for a total value of $302,263.48. Following the completion of the transaction, the chief executive officer owned 319,602 shares of the company's stock, valued at $10,351,908.78. This represents a 2.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO James Miln sold 598 shares of the company's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total value of $30,049.50. Following the completion of the transaction, the chief financial officer directly owned 144,115 shares of the company's stock, valued at approximately $7,241,778.75. The trade was a 0.41% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 9.66% of the company's stock.

Hedge Funds Weigh In On Xometry

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Gilder Gagnon Howe & Co. LLC raised its position in shares of Xometry by 248.8% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 859,808 shares of the company's stock worth $29,053,000 after acquiring an additional 613,282 shares during the last quarter. Nuveen LLC bought a new position in shares of Xometry during the first quarter worth about $14,639,000. Next Century Growth Investors LLC raised its position in shares of Xometry by 194.1% during the first quarter. Next Century Growth Investors LLC now owns 664,292 shares of the company's stock worth $16,554,000 after acquiring an additional 438,393 shares during the last quarter. Stephens Investment Management Group LLC bought a new position in shares of Xometry during the second quarter worth about $13,292,000. Finally, First Trust Advisors LP raised its position in shares of Xometry by 42.9% during the second quarter. First Trust Advisors LP now owns 1,279,005 shares of the company's stock worth $43,218,000 after acquiring an additional 384,211 shares during the last quarter. Institutional investors and hedge funds own 97.31% of the company's stock.

Xometry Company Profile

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.

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