Xometry (NASDAQ:XMTR) Trading Down 5.3% - Should You Sell?

Key Points

• Xometry's stock fell by 5.3% on Tuesday, trading at $47.37, which is a significant drop from its previous close of $50.00, with trading volume also down 54% compared to its average.
• Analysts have mixed views on Xometry, with six rating it as a Buy, but the consensus is a "Moderate Buy" with an average price target of $40.44, indicating potential caution among investors.
• The company reported a 22.6% year-over-year revenue increase in its last quarterly earnings, beating expectations with $162.55 million in revenue and $0.09 earnings per share.

Shares of Xometry, Inc. (NASDAQ:XMTR - Get Free Report) were down 5.3% during trading on Tuesday . The company traded as low as $47.47 and last traded at $47.37. Approximately 333,790 shares were traded during trading, a decline of 54% from the average daily volume of 720,470 shares. The stock had previously closed at $50.00.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Xometry in a report on Wednesday, October 8th. The Goldman Sachs Group increased their price target on Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Cantor Fitzgerald raised Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price objective for the company in a research report on Tuesday, August 5th. Finally, JMP Securities raised their target price on Xometry from $45.00 to $50.00 and gave the stock a "market outperform" rating in a research report on Wednesday, August 6th. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Xometry presently has a consensus rating of "Moderate Buy" and an average price target of $40.44.

Xometry Stock Performance

The company has a market capitalization of $2.45 billion, a P/E ratio of -39.22 and a beta of 0.89. The stock has a fifty day simple moving average of $49.77 and a 200-day simple moving average of $37.02. The company has a quick ratio of 3.85, a current ratio of 3.91 and a debt-to-equity ratio of 1.20.

Xometry (NASDAQ:XMTR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.09 earnings per share (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 company had revenue of $162.55 million during the quarter, compared to analysts' expectations of $156.53 million. During the same period last year, the business earned ($0.01) earnings per share. The business's revenue was up 22.6% on a year-over-year basis. Xometry has set its Q3 2025 guidance at EPS. Equities analysts forecast that Xometry, Inc. will post -0.66 EPS for the current year.

Insider Transactions at Xometry

In related news, CFO James Miln sold 598 shares of Xometry 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 $7,241,778.75. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Randolph Altschuler sold 9,331 shares of the business's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $50.31, for a total value of $469,442.61. Following the sale, the chief executive officer directly owned 310,271 shares of the company's stock, valued at $15,609,734.01. This represents a 2.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 9.66% of the company's stock.

Hedge Funds Weigh In On Xometry

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of Xometry by 160.1% during the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock worth $25,000 after purchasing an additional 618 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Xometry by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company's stock worth $34,000 after purchasing an additional 412 shares during the last quarter. CWM LLC increased its stake in shares of Xometry by 825.6% during the 1st quarter. CWM LLC now owns 1,555 shares of the company's stock worth $39,000 after purchasing an additional 1,387 shares during the last quarter. KBC Group NV acquired a new position in shares of Xometry during the 2nd quarter worth about $55,000. Finally, Keystone Global Partners LLC bought a new position in Xometry in the 1st quarter valued at about $57,000. 97.31% of the stock is owned by institutional investors.

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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