Ex One (NASDAQ:XONE) issued its quarterly earnings results on Thursday, March 15th. The industrial products company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07), Briefing.com reports. The business had revenue of $20.19 million for the quarter, compared to analysts’ expectations of $20.90 million. Ex One had a negative net margin of 34.67% and a negative return on equity of 25.67%. The company’s revenue was up 38.0% on a year-over-year basis. During the same period last year, the business earned ($0.16) earnings per share.
XONE opened at $7.04 on Friday. The company has a quick ratio of 1.73, a current ratio of 2.55 and a debt-to-equity ratio of 0.02. Ex One has a 1-year low of $6.72 and a 1-year high of $14.43.
In related news, Director John Irvin sold 3,100 shares of the company’s stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $10.01, for a total transaction of $31,031.00. Following the sale, the director now owns 5,000 shares of the company’s stock, valued at $50,050. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have sold 31,120 shares of company stock worth $311,791. 31.60% of the stock is owned by insiders.
An institutional investor recently raised its position in Ex One stock. State Street Corp lifted its stake in Ex One (NASDAQ:XONE) by 6.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 185,750 shares of the industrial products company’s stock after purchasing an additional 11,246 shares during the period. State Street Corp owned about 1.15% of Ex One worth $2,125,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 26.82% of the company’s stock.
Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Ex One from a “hold” rating to a “sell” rating in a report on Friday, February 23rd. ValuEngine cut shares of Ex One from a “sell” rating to a “strong sell” rating in a report on Monday, April 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $13.67.
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Ex One Company Profile
The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines.
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