Media headlines about Materialise NV (NASDAQ:MTLS) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Materialise NV earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.3892193771603 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Materialise NV (NASDAQ MTLS) traded up 1.05% during mid-day trading on Friday, reaching $15.40. The company’s stock had a trading volume of 31,652 shares. The firm’s market cap is $728.81 million. Materialise NV has a one year low of $6.28 and a one year high of $16.50. The stock’s 50 day moving average is $14.63 and its 200 day moving average is $13.08.
Materialise NV (NASDAQ:MTLS) last posted its earnings results on Tuesday, August 8th. The software maker reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). Materialise NV had a negative return on equity of 1.59% and a negative net margin of 0.99%. The firm had revenue of $33.61 million for the quarter, compared to analyst estimates of $31.90 million. During the same quarter last year, the firm posted ($0.01) EPS. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. On average, analysts anticipate that Materialise NV will post ($0.04) EPS for the current year.
Several brokerages recently issued reports on MTLS. Credit Suisse Group lifted their target price on Materialise NV from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Zacks Investment Research raised Materialise NV from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, September 7th. Piper Jaffray Companies lifted their target price on Materialise NV to $18.50 and gave the stock an “overweight” rating in a report on Monday, July 31st. Finally, BidaskClub upgraded Materialise NV from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Five investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of $14.75.
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About Materialise NV
Materialise NV is a Belgium-based company engaged in the software industry. The Company is a provider of additive manufacturing software and of three dimensional (3D) printing services. Materialise NV incorporates of 3D printing experience into a range of software solution and 3D printing services, through which the Company seeks to form the backbone of the 3D printing industry.
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