Assessing the Risk and Potential of Xometry Inc’s (XMTR) Stock

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The stock of Xometry Inc (XMTR) has gone down by -12.30% for the week, with a -6.14% drop in the past month and a -48.36% drop in the past quarter. The volatility ratio for the week is 5.58%, and the volatility levels for the past 30 days are 5.46% for XMTR. The simple moving average for the past 20 days is -7.09% for XMTR’s stock, with a -27.42% simple moving average for the past 200 days.

Is It Worth Investing in Xometry Inc (NASDAQ: XMTR) Right Now?

The 36-month beta value for XMTR is also noteworthy at 0.70. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for XMTR is 39.75M, and at present, short sellers hold a 9.06% of that float. The average trading volume of XMTR on April 19, 2024 was 675.52K shares.

XMTR) stock’s latest price update

Xometry Inc (NASDAQ: XMTR) has seen a decline in its stock price by -0.50 in relation to its previous close of 16.13. However, the company has experienced a -12.30% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-17 that AppLovin launched its new AI software and immediately experienced head-turning growth. Xometry’s gross profit margin is going up, indicating that its AI software is ready to disrupt a market worth more than $200 billion.

Analysts’ Opinion of XMTR

Many brokerage firms have already submitted their reports for XMTR stocks, with JMP Securities repeating the rating for XMTR by listing it as a “Mkt Outperform.” The predicted price for XMTR in the upcoming period, according to JMP Securities is $20 based on the research report published on April 10, 2023 of the previous year 2023.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see XMTR reach a price target of $21, previously predicting the price at $45. The rating they have provided for XMTR stocks is “Sector Perform” according to the report published on March 02nd, 2023.

JP Morgan gave a rating of “Neutral” to XMTR, setting the target price at $21 in the report published on March 02nd of the previous year.

XMTR Trading at -26.66% from the 50-Day Moving Average

After a stumble in the market that brought XMTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.56% of loss for the given period.

Volatility was left at 5.46%, however, over the last 30 days, the volatility rate increased by 5.58%, as shares sank -11.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.32% lower at present.

During the last 5 trading sessions, XMTR fell by -12.30%, which changed the moving average for the period of 200-days by -22.46% in comparison to the 20-day moving average, which settled at $17.17. In addition, Xometry Inc saw -55.30% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at XMTR starting from Goguen Peter, who sale 940 shares at the price of $18.13 back on Apr 04 ’24. After this action, Goguen Peter now owns 196,271 shares of Xometry Inc, valued at $17,040 using the latest closing price.

Leibel Matthew, the Chief Technology Officer of Xometry Inc, sale 360 shares at $18.12 during a trade that took place back on Apr 04 ’24, which means that Leibel Matthew is holding 75,176 shares at $6,523 based on the most recent closing price.

Stock Fundamentals for XMTR

Current profitability levels for the company are sitting at:

  • -0.16 for the present operating margin
  • 0.38 for the gross margin

The net margin for Xometry Inc stands at -0.15. The total capital return value is set at -0.11. Equity return is now at value -19.19, with -9.26 for asset returns.

Based on Xometry Inc (XMTR), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is -30.53.

Currently, EBITDA for the company is -44.34 million with net debt to EBITDA at -4.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.21. The receivables turnover for the company is 6.61for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.24.

Conclusion

In summary, Xometry Inc (XMTR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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