Wall Street brokerages predict that Materialise NV (NASDAQ:MTLS) will announce $0.01 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Materialise’s earnings. Materialise reported earnings of ($0.04) per share in the same quarter last year, which indicates a positive year over year growth rate of 125%. The company is scheduled to report its next quarterly earnings report on Thursday, November 8th.
According to Zacks, analysts expect that Materialise will report full year earnings of $0.06 per share for the current year, with EPS estimates ranging from $0.05 to $0.06. For the next year, analysts expect that the company will report earnings of $0.26 per share, with EPS estimates ranging from $0.20 to $0.31. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Materialise.
Materialise (NASDAQ:MTLS) last announced its quarterly earnings data on Tuesday, August 7th. The software maker reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Materialise had a net margin of 0.19% and a return on equity of 0.41%. The business had revenue of $52.55 million for the quarter, compared to the consensus estimate of $53.92 million.
Several research analysts have commented on the stock. TheStreet upgraded shares of Materialise from a “c+” rating to a “b-” rating in a research report on Thursday, September 13th. Zacks Investment Research cut shares of Materialise from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 9th. BidaskClub cut shares of Materialise from a “hold” rating to a “sell” rating in a research report on Saturday, September 22nd. Finally, ValuEngine upgraded shares of Materialise from a “hold” rating to a “buy” rating in a research report on Friday, August 10th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. Materialise currently has a consensus rating of “Hold” and a consensus price target of $19.00.
Shares of NASDAQ:MTLS traded down $0.07 during trading on Wednesday, reaching $13.13. 5,392 shares of the company’s stock traded hands, compared to its average volume of 69,019. The company has a quick ratio of 1.41, a current ratio of 1.57 and a debt-to-equity ratio of 1.11. Materialise has a 12 month low of $11.23 and a 12 month high of $16.49. The company has a market cap of $653.09 million, a PE ratio of -328.25, a P/E/G ratio of 12.55 and a beta of 1.64.
Large investors have recently modified their holdings of the company. Claraphi Advisory Network LLC acquired a new stake in shares of Materialise in the 1st quarter worth approximately $154,000. Private Advisor Group LLC acquired a new stake in shares of Materialise in the 1st quarter worth approximately $215,000. Bellevue Group AG acquired a new stake in shares of Materialise in the 2nd quarter worth approximately $510,000. Wells Fargo & Company MN lifted its stake in shares of Materialise by 5.4% in the 1st quarter. Wells Fargo & Company MN now owns 103,594 shares of the software maker’s stock worth $1,211,000 after acquiring an additional 5,263 shares during the period. Finally, KBC Group NV lifted its stake in shares of Materialise by 46.6% in the 2nd quarter. KBC Group NV now owns 176,801 shares of the software maker’s stock worth $2,295,000 after acquiring an additional 56,160 shares during the period. 9.84% of the stock is owned by institutional investors.
Materialise NV provides additive manufacturing software and 3D printing services in Europe, the Americas, Africa, and the Asia-Pacific. The company's Materialise Software segment offers proprietary software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.
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