ExOne (NASDAQ:XONE) issued its earnings results on Thursday. The industrial products company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04, MarketWatch Earnings reports. ExOne had a negative net margin of 36.12% and a negative return on equity of 30.11%. The firm had revenue of $16.59 million during the quarter, compared to the consensus estimate of $22.20 million.
XONE traded up $0.35 on Friday, reaching $9.44. The company had a trading volume of 206,514 shares, compared to its average volume of 219,021. ExOne has a 1 year low of $6.16 and a 1 year high of $12.50. The stock has a market cap of $120.87 million, a PE ratio of -7.55 and a beta of 3.90. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.65 and a quick ratio of 0.83.
A number of equities research analysts recently weighed in on XONE shares. B. Riley reissued a “buy” rating on shares of ExOne in a research report on Friday. Zacks Investment Research raised shares of ExOne from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research report on Thursday, August 16th. Finally, ValuEngine raised shares of ExOne from a “sell” rating to a “hold” rating in a research report on Tuesday, August 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. ExOne currently has a consensus rating of “Buy” and a consensus target price of $11.25.
In related news, Director Roger William Thiltgen purchased 10,000 shares of ExOne stock in a transaction that occurred on Wednesday, August 15th. The stock was purchased at an average cost of $6.97 per share, with a total value of $69,700.00. Following the completion of the transaction, the director now directly owns 12,500 shares in the company, valued at $87,125. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 31.30% of the stock is owned by insiders.
Large investors have recently made changes to their positions in the company. DekaBank Deutsche Girozentrale purchased a new stake in shares of ExOne in the third quarter valued at about $114,000. LMR Partners LLP purchased a new stake in shares of ExOne in the second quarter valued at about $273,000. Royal Bank of Canada raised its holdings in shares of ExOne by 78.6% in the first quarter. Royal Bank of Canada now owns 38,930 shares of the industrial products company’s stock valued at $283,000 after buying an additional 17,131 shares during the last quarter. Paloma Partners Management Co purchased a new stake in shares of ExOne in the second quarter valued at about $383,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of ExOne by 175.4% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 65,922 shares of the industrial products company’s stock valued at $467,000 after buying an additional 41,985 shares during the last quarter. 25.73% of the stock is owned by institutional investors and hedge funds.
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The ExOne Company develops, manufactures, and markets three-dimensional (3D) printing machines, 3D printed and other products, materials, and services primarily in North America, Europe, and Asia. The company provides various machines that enable designers and engineers to design and produce industrial prototypes and production parts.
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