B. Riley reaffirmed their buy rating on shares of ExOne (NASDAQ:XONE) in a research report sent to investors on Friday morning. B. Riley also issued estimates for ExOne’s Q3 2019 earnings at $0.12 EPS.
Other equities research analysts have also issued research reports about the company. ValuEngine lowered ExOne from a hold rating to a sell rating in a research report on Thursday, August 2nd. Zacks Investment Research upgraded ExOne from a hold rating to a buy rating and set a $8.00 price target on the stock in a research note on Thursday, August 16th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of $11.25.
Shares of NASDAQ XONE traded up $0.35 during midday trading on Friday, hitting $9.44. 206,514 shares of the company’s stock were exchanged, compared to its average volume of 219,021. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.83 and a current ratio of 1.65. ExOne has a twelve month low of $6.16 and a twelve month high of $12.50. The firm has a market capitalization of $120.87 million, a PE ratio of -7.55 and a beta of 3.90.
ExOne (NASDAQ:XONE) last issued its earnings results on Thursday, November 8th. The industrial products company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.04. ExOne had a negative return on equity of 30.11% and a negative net margin of 36.12%. The business had revenue of $16.59 million for the quarter, compared to analyst estimates of $22.20 million. On average, sell-side analysts forecast that ExOne will post -0.96 earnings per share for the current fiscal year.
In other news, Director Roger William Thiltgen purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The shares were purchased at an average price of $6.97 per share, for a total transaction of $69,700.00. Following the purchase, the director now directly owns 12,500 shares of the company’s stock, valued at approximately $87,125. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 31.30% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the stock. ARK Investment Management LLC grew its stake in ExOne by 15.3% during the 3rd quarter. ARK Investment Management LLC now owns 2,022,084 shares of the industrial products company’s stock worth $19,169,000 after buying an additional 267,810 shares during the last quarter. Legal & General Group Plc grew its stake in ExOne by 6,506.1% during the 1st quarter. Legal & General Group Plc now owns 157,952 shares of the industrial products company’s stock worth $1,150,000 after buying an additional 155,561 shares during the last quarter. Manatuck Hill Partners LLC purchased a new position in ExOne during the 2nd quarter worth approximately $708,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in ExOne by 175.4% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 65,922 shares of the industrial products company’s stock worth $467,000 after buying an additional 41,985 shares during the last quarter. Finally, Granite Investment Partners LLC grew its stake in ExOne by 55.2% during the 3rd quarter. Granite Investment Partners LLC now owns 64,669 shares of the industrial products company’s stock worth $613,000 after buying an additional 23,000 shares during the last quarter. Hedge funds and other institutional investors own 25.73% of the company’s stock.
ExOne Company Profile
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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