ExOne (NASDAQ:XONE) was downgraded by equities research analysts at TheStreet from a “c-” rating to a “d” rating in a report issued on Tuesday, TheStreetRatingsTable reports.
XONE has been the subject of several other reports. Canaccord Genuity reduced their target price on ExOne from $12.00 to $10.50 and set a “buy” rating for the company in a report on Thursday, August 8th. B. Riley set a $12.00 target price on ExOne and gave the company a “buy” rating in a report on Friday, September 13th. ValuEngine downgraded ExOne from a “hold” rating to a “sell” rating in a research note on Tuesday, November 5th. Finally, Zacks Investment Research downgraded ExOne from a “hold” rating to a “sell” rating in a research note on Saturday, November 9th. Two equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $10.58.
XONE stock opened at $6.92 on Tuesday. The firm has a market cap of $113.56 million, a PE ratio of -8.87 and a beta of 3.36. The company has a quick ratio of 0.69, a current ratio of 1.67 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average of $6.97 and a 200-day moving average of $7.78. ExOne has a 12-month low of $5.73 and a 12-month high of $11.73.
ExOne (NASDAQ:XONE) last released its earnings results on Thursday, November 7th. The industrial products company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.02. The company had revenue of $10.88 million during the quarter, compared to analyst estimates of $10.00 million. ExOne had a negative return on equity of 19.58% and a negative net margin of 18.10%. On average, research analysts expect that ExOne will post -0.86 earnings per share for the current year.
Institutional investors have recently bought and sold shares of the stock. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in ExOne in the second quarter valued at approximately $145,000. A.R.T. Advisors LLC lifted its position in shares of ExOne by 32.7% during the second quarter. A.R.T. Advisors LLC now owns 24,368 shares of the industrial products company’s stock worth $227,000 after acquiring an additional 6,000 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of ExOne during the second quarter worth $236,000. Renaissance Technologies LLC lifted its position in shares of ExOne by 39.8% during the second quarter. Renaissance Technologies LLC now owns 55,981 shares of the industrial products company’s stock worth $522,000 after acquiring an additional 15,947 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of ExOne by 1.4% during the second quarter. BlackRock Inc. now owns 229,621 shares of the industrial products company’s stock worth $2,140,000 after acquiring an additional 3,148 shares in the last quarter. Institutional investors and hedge funds own 41.34% of the company’s stock.
The ExOne Company develops, manufactures, and markets three-dimensional (3D) printing machines, 3D printed and other products, materials, and services to industrial customers primarily in North America, Europe, and Asia. The company manufactures and sells 3D printing machines that serves direct and indirect applications, including components and tools to produce a component; and offers pre-production collaboration and print products for customers.
Further Reading: Operating Income
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