Xometry Inc [XMTR] stock prices are up 14.23% to $22.48 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The XMTR shares have gain 15.88% over the last week, with a monthly amount glided 28.38%, 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.
The stock price of Xometry Inc [XMTR] has been fluctuating between $11.08 and $38.74 over the past year. Currently, Wall Street analysts expect the stock to reach $27.5 within the next 12 months. Xometry Inc [NASDAQ: XMTR] shares were valued at $22.48 at the most recent close of the market. An investor can expect a potential return of 22.33% based on the average XMTR price forecast.
Analyzing the XMTR fundamentals
The Xometry Inc [NASDAQ:XMTR] reported sales of 502.36M for trailing twelve months, representing a surge of 19.45%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.92.
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 20.39 points at the first support level, and at 18.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.93, and for the 2nd resistance point, it is at 25.39.
Ratios To Look Out For
It’s worth pointing out that Xometry Inc [NASDAQ:XMTR]’s Current Ratio is 4.63. On the other hand, the Quick Ratio is 4.59, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 3.49.
Transactions by insiders
Recent insider trading involved Goguen Peter, Chief Operating Officer, that happened on Oct 03 ’24 when 940.0 shares were sold. Officer, Goguen Peter completed a deal on Oct 03 ’24 to buy 940.0 shares. Meanwhile, Chief Operating Officer Goguen Peter sold 986.0 shares on Sep 17 ’24.