S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Desktop Metal (DM) Competitors

$0.85
+0.02 (+2.41%)
(As of 04/19/2024 ET)

DM vs. MNTX, VLD, ERII, NWPX, IPX, PKOH, GHM, BOOM, IRBT, and LXFR

Should you be buying Desktop Metal stock or one of its competitors? The main competitors of Desktop Metal include Manitex International (MNTX), Velo3D (VLD), Energy Recovery (ERII), Northwest Pipe (NWPX), IperionX (IPX), Park-Ohio (PKOH), Graham (GHM), DMC Global (BOOM), iRobot (IRBT), and Luxfer (LXFR). These companies are all part of the "industrial products" sector.

Desktop Metal vs.

Manitex International (NASDAQ:MNTX) and Desktop Metal (NYSE:DM) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, community ranking, risk, profitability, institutional ownership, media sentiment, dividends, earnings and analyst recommendations.

Manitex International has a beta of 0.79, meaning that its stock price is 21% less volatile than the S&P 500. Comparatively, Desktop Metal has a beta of 0.68, meaning that its stock price is 32% less volatile than the S&P 500.

Desktop Metal received 55 more outperform votes than Manitex International when rated by MarketBeat users. However, 66.18% of users gave Manitex International an outperform vote while only 57.81% of users gave Desktop Metal an outperform vote.

CompanyUnderperformOutperform
Manitex InternationalOutperform Votes
315
66.18%
Underperform Votes
161
33.82%
Desktop MetalOutperform Votes
370
57.81%
Underperform Votes
270
42.19%

Manitex International currently has a consensus target price of $9.00, indicating a potential upside of 52.28%. Desktop Metal has a consensus target price of $1.25, indicating a potential upside of 46.94%. Given Desktop Metal's higher probable upside, equities analysts clearly believe Manitex International is more favorable than Desktop Metal.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Manitex International
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Desktop Metal
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Manitex International has higher revenue and earnings than Desktop Metal. Desktop Metal is trading at a lower price-to-earnings ratio than Manitex International, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Manitex International$291.39M0.42$7.36M$0.3616.61
Desktop Metal$189.70M1.48-$323.27M-$0.99-0.86

Manitex International has a net margin of 2.52% compared to Manitex International's net margin of -170.41%. Desktop Metal's return on equity of 16.98% beat Manitex International's return on equity.

Company Net Margins Return on Equity Return on Assets
Manitex International2.52% 16.98% 4.92%
Desktop Metal -170.41%-29.25%-18.50%

46.0% of Manitex International shares are held by institutional investors. Comparatively, 56.3% of Desktop Metal shares are held by institutional investors. 6.3% of Manitex International shares are held by company insiders. Comparatively, 13.9% of Desktop Metal shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Manitex International and Manitex International both had 1 articles in the media. Manitex International's average media sentiment score of 1.31 beat Desktop Metal's score of 1.26 indicating that Desktop Metal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Manitex International
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Desktop Metal
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Manitex International beats Desktop Metal on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

DM vs. The Competition

MetricDesktop MetalSpecial industry machinery IndustryIndustrial SectorNYSE Exchange
Market Cap$280.48M$24.84B$9.39B$17.25B
Dividend YieldN/A1.35%2.07%3.62%
P/E Ratio-0.8616.4118.5421.76
Price / Sales1.483.256.6410.19
Price / Cash5.3918.8126.8617.09
Price / Book1.154.033.694.86
Net Income-$323.27M$654.93M$470.91M$969.88M
7 Day Performance-11.34%-4.59%-1.53%-1.70%
1 Month Performance16.15%-4.82%-2.30%-2.47%
1 Year Performance-61.16%8.47%8.23%78.20%

Desktop Metal Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MNTX
Manitex International
4.0318 of 5 stars
$6.33
+2.4%
$9.00
+42.2%
+13.3%$128.33M$291.39M17.58705Positive News
VLD
Velo3D
0 of 5 stars
$0.46
+2.2%
N/A-88.2%$93.29M$77.56M-0.68294
ERII
Energy Recovery
4.6509 of 5 stars
$14.83
+0.7%
$25.33
+70.8%
-42.8%$846.50M$128.35M40.08269News Coverage
NWPX
Northwest Pipe
4.3667 of 5 stars
$34.41
-0.2%
$40.00
+16.2%
+8.3%$340.38M$444.36M16.461,325
IPX
IperionX
0 of 5 stars
$15.14
+0.1%
N/A+108.4%$346.24MN/A0.00N/A
PKOH
Park-Ohio
3.0956 of 5 stars
$25.58
-2.3%
N/A+83.5%$334.33M$1.66B40.606,300Analyst Upgrade
GHM
Graham
1.909 of 5 stars
$30.42
+0.9%
N/A+107.4%$329.39M$179.49M117.00538
BOOM
DMC Global
4.3898 of 5 stars
$18.66
-0.6%
$27.00
+44.7%
-15.6%$369.28M$719.19M17.281,800
IRBT
iRobot
3.3893 of 5 stars
$10.22
+2.6%
$13.00
+27.2%
-82.5%$285.80M$890.58M-0.931,113Gap Down
LXFR
Luxfer
2.3364 of 5 stars
$10.13
-2.6%
N/A-39.8%$271.84M$405M-126.611,400Upcoming Earnings
Positive News

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This page (NYSE:DM) was last updated on 4/19/2024 by MarketBeat.com Staff

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