At the time of writing, Xometry Inc [XMTR] stock is trading at $19.20, down -0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The XMTR shares have gain 8.17% over the last week, with a monthly amount glided 2.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Xometry Inc [NASDAQ: XMTR] stock has seen the most recent analyst activity on June 05, 2024, when Cantor Fitzgerald initiated its Underweight rating and assigned the stock a price target of $13. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on April 10, 2023, and set its price target to $20. On March 02, 2023, downgrade downgraded it’s rating to Sector Perform and revised its price target to $21 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $21 on March 02, 2023. Craig Hallum initiated its recommendation with a Buy and recommended $48 as its price target on January 31, 2023. Lake Street started tracking with a Sell rating for this stock on December 14, 2022, and assigned it a price target of $28. In a note dated April 12, 2022, Loop Capital initiated an Buy rating and provided a target price of $50 on this stock.
For the past year, the stock price of Xometry Inc fluctuated between $11.08 and $38.74. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Xometry Inc [NASDAQ: XMTR] shares were valued at $19.20 at the most recent close of the market. An investor can expect a potential return of 35.42% based on the average XMTR price forecast.
Analyzing the XMTR fundamentals
According to Xometry Inc [NASDAQ:XMTR], the company’s sales were 502.36M for trailing twelve months, which represents an 19.45% jump. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.16 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.66 points at the first support level, and at 18.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.93, and for the 2nd resistance point, it is at 20.66.
Ratios To Look Out For
It is important to note that Xometry Inc [NASDAQ:XMTR] has a current ratio of 4.63. As well, the Quick Ratio is 4.59, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 2.98.
Transactions by insiders
Recent insider trading involved Goguen Peter, Chief Operating Officer, that happened on Sep 17 ’24 when 986.0 shares were sold. Officer, Goguen Peter completed a deal on Sep 17 ’24 to buy 986.0 shares. Meanwhile, Chief Technology Officer Leibel Matthew sold 3400.0 shares on Sep 13 ’24.
