Xometry Inc (NASDAQ:XMTR) price on Friday, February 07, fall -1.49% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $35.67.
A look at the stock’s price movement, the close in the last trading session was $36.21, moving within a range at $35.0 and $37.23. The beta value (5-Year monthly) was 0.554. Turning to its 52-week performance, $45.33 and $11.08 were the 52-week high and 52-week low respectively. Overall, XMTR moved -8.47% over the past month.
Xometry Inc’s market cap currently stands at around $1.77 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 146.39M for the company’s revenue for the quarter, with a low and high estimate of 145.8M and 147M respectively. The average forecast suggests up to a 14.24% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 543.34M, representing a 17.25% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XMTR is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 7 recommend XMTR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
XMTR’s current price about 4.48% and -0.40% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.57, while 7-day volatility ratio is 8.74% and 5.93% in the 30-day chart. Further, Xometry Inc (XMTR) has a beta value of 0.65, and an average true range (ATR) of 2.24. Analysts have given the company’s stock an average 52-week price target of $30, forecast between a low of $28 and high of $32. Looking at the price targets, the low is 21.5% off current price level while to achieve the yearly target high, price needs to move 10.29%. Nonetheless, investors will most likely welcome a 15.9% jump to $30 which is the analysts’ median price.
If we refocus on Xometry Inc (NASDAQ:XMTR), historical trading data shows that trading volumes averaged 0.65 over the past 10 days and 636.79K over the past 3 months. The company’s latest data on shares outstanding shows there are 46.32 million shares.
The 14.38% of Xometry Inc’s shares are in the hands of company insiders while institutional holders own 94.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.44 million on 2025-01-15, giving us a short ratio of 4.22. The data shows that as of 2025-01-15 short interest in Xometry Inc (XMTR) stood at 1629.0002000000002 of shares outstanding, with shares short falling to 3.97 million registered in 2024-12-13. Current price change has pushed the stock -16.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XMTR stock continues to rise going into the next quarter.
