FY2025 EPS Estimates for Xometry Lifted by Cantor Fitzgerald

Xometry, Inc. (NASDAQ:XMTR) – Cantor Fitzgerald increased their FY2025 earnings per share (EPS) estimates for Xometry in a research note issued to investors on Wednesday, February 26th. Cantor Fitzgerald analyst T. Jensen now expects that the company will earn ($0.40) per share for the year, up from their prior estimate of ($0.42). Cantor Fitzgerald has a “Underweight” rating and a $20.00 price objective on the stock. The consensus estimate for Xometry’s current full-year earnings is ($0.66) per share.

Several other research firms have also recently weighed in on XMTR. Citigroup raised their price target on Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Wedbush reissued an “outperform” rating and set a $48.00 price target on shares of Xometry in a research note on Friday, December 20th. Craig Hallum raised their price target on Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. UBS Group lifted their target price on Xometry from $22.00 to $33.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, The Goldman Sachs Group upped their target price on Xometry from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Xometry presently has an average rating of “Moderate Buy” and an average target price of $35.44.

Xometry Stock Down 5.0 %

NASDAQ XMTR opened at $27.02 on Thursday. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90. Xometry has a 52 week low of $11.08 and a 52 week high of $45.33. The stock’s 50-day moving average price is $36.61 and its 200-day moving average price is $28.01. The company has a market capitalization of $1.34 billion, a P/E ratio of -25.73 and a beta of 0.65.

Insiders Place Their Bets

In other news, COO Peter Goguen sold 986 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $40.08, for a total transaction of $39,518.88. Following the transaction, the chief operating officer now owns 168,933 shares of the company’s stock, valued at approximately $6,770,834.64. This trade represents a 0.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO James Miln sold 5,386 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $42.33, for a total transaction of $227,989.38. Following the completion of the transaction, the chief financial officer now directly owns 102,329 shares in the company, valued at $4,331,586.57. This represents a 5.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,312 shares of company stock valued at $517,537 in the last quarter. 16.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xometry

Large investors have recently made changes to their positions in the company. Primecap Management Co. CA grew its position in Xometry by 1.7% in the third quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company’s stock worth $127,088,000 after buying an additional 113,264 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Xometry by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 4,293,272 shares of the company’s stock valued at $183,151,000 after purchasing an additional 86,997 shares in the last quarter. FMR LLC raised its holdings in Xometry by 40.2% in the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company’s stock worth $74,921,000 after acquiring an additional 1,169,778 shares during the period. Sylebra Capital LLC increased its holdings in shares of Xometry by 2.1% during the 4th quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company’s stock worth $78,270,000 after purchasing an additional 37,883 shares during the period. Finally, Fred Alger Management LLC increased its holdings in shares of Xometry by 20.8% during the 3rd quarter. Fred Alger Management LLC now owns 1,815,696 shares of the company’s stock worth $33,354,000 after purchasing an additional 312,971 shares during the period. Institutional investors and hedge funds 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.