Materialise (NASDAQ:MTLS – Get Free Report) issued its earnings results on Wednesday. The software maker reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02, FiscalAI reports. The firm had revenue of $79.97 million for the quarter, compared to the consensus estimate of $78.23 million. Materialise had a return on equity of 4.05% and a net margin of 3.77%.
Materialise Trading Up 3.1%
MTLS opened at $6.67 on Thursday. Materialise has a one year low of $4.78 and a one year high of $7.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.24 and a current ratio of 2.42. The stock has a market capitalization of $394.00 million, a PE ratio of 33.35 and a beta of 1.34. The business’s 50 day moving average price is $6.74 and its 200 day moving average price is $5.97.
Institutional Investors Weigh In On Materialise
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in shares of Materialise in the first quarter worth $75,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Materialise by 15.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 467,276 shares of the software maker’s stock valued at $2,640,000 after acquiring an additional 61,465 shares in the last quarter. Walleye Capital LLC purchased a new position in Materialise in the second quarter valued at $150,000. NewEdge Advisors LLC grew its stake in Materialise by 19,063.2% during the 2nd quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock worth $74,000 after purchasing an additional 12,963 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its stake in Materialise by 0.8% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 1,890,920 shares of the software maker’s stock worth $10,684,000 after purchasing an additional 15,573 shares in the last quarter. 19.30% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Materialise
Materialise Company Profile
Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.
On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.
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