Xometry (NASDAQ:XMTR) Sets New 1-Year High - Should You Buy?

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 share price reached a new 52-week high on Monday . The company 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 Analyst Weigh In

Several equities analysts have recently commented on XMTR shares. The Goldman Sachs Group boosted their target price on shares of Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. JMP Securities increased their price objective on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a research report on Wednesday, August 6th. Cantor Fitzgerald upgraded Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price for the company in a research note on Tuesday, August 5th. Citigroup reissued an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Finally, UBS Group upped their price objective on Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Xometry has a consensus rating of "Moderate Buy" and an average price target of $40.44.

Xometry Trading Up 2.6%

The stock has a market cap of $2.73 billion, a price-to-earnings ratio of -43.75 and a beta of 0.87. The business's 50 day moving average is $43.35 and its 200 day moving average is $33.82. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85.

Xometry (NASDAQ:XMTR - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.05 by $0.04. The business had revenue of $162.55 million for the quarter, compared to analyst estimates of $156.53 million. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The company's quarterly revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO James Miln sold 598 shares of the company's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total value of $30,049.50. Following the transaction, the chief financial officer owned 144,115 shares in the company, valued at approximately $7,241,778.75. This represents a 0.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Randolph Altschuler sold 9,332 shares of the stock in a transaction that occurred 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 transaction, 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 position. The disclosure for this sale can be found here. 9.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xometry

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new stake in Xometry during the 4th quarter valued at about $259,000. Cetera Investment Advisers purchased a new stake in shares of Xometry during the fourth quarter valued at about $426,000. Deutsche Bank AG increased its holdings in Xometry by 48.0% in the 4th quarter. Deutsche Bank AG now owns 37,330 shares of the company's stock worth $1,592,000 after buying an additional 12,109 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Xometry by 5.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,177 shares of the company's stock worth $1,031,000 after purchasing an additional 1,162 shares during the period. Finally, Millennium Management LLC purchased a new position in shares of Xometry during the 4th quarter worth $880,000. Hedge funds and other institutional investors 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.