Materialise NV (NASDAQ:MTLS) – Investment analysts at Piper Jaffray Companies issued their Q1 2020 earnings per share estimates for shares of Materialise in a research report issued to clients and investors on Wednesday, October 31st. Piper Jaffray Companies analyst T. Jensen expects that the software maker will post earnings of $0.07 per share for the quarter. Piper Jaffray Companies also issued estimates for Materialise’s Q2 2020 earnings at $0.08 EPS, Q3 2020 earnings at $0.08 EPS and FY2020 earnings at $0.33 EPS.
Materialise (NASDAQ:MTLS) last announced its quarterly earnings data on Wednesday, October 31st. The software maker reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. The business had revenue of $54.10 million for the quarter, compared to analysts’ expectations of $53.11 million. Materialise had a net margin of 2.20% and a return on equity of 5.18%.
MTLS has been the topic of a number of other reports. ValuEngine raised shares of Materialise from a “hold” rating to a “buy” rating in a research note on Friday, August 24th. BidaskClub raised shares of Materialise from a “sell” rating to a “hold” rating in a research note on Friday, October 19th. Zacks Investment Research raised shares of Materialise from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 10th. Finally, TheStreet raised shares of Materialise from a “c+” rating to a “b-” rating in a research note on Thursday, September 13th. Four investment analysts have rated the stock with a buy rating, Materialise currently has a consensus rating of “Buy” and a consensus price target of $17.50.
Shares of NASDAQ:MTLS opened at $15.14 on Friday. The company has a market capitalization of $698.05 million, a P/E ratio of 147.50, a PEG ratio of 13.41 and a beta of 1.31. The company has a current ratio of 1.57, a quick ratio of 1.41 and a debt-to-equity ratio of 1.11. Materialise has a 1 year low of $11.16 and a 1 year high of $16.20.
A number of large investors have recently made changes to their positions in the stock. Private Advisor Group LLC acquired a new position in shares of Materialise during the 3rd quarter valued at $334,000. Rice Hall James & Associates LLC acquired a new position in shares of Materialise in the 3rd quarter worth $1,829,000. Renaissance Technologies LLC grew its holdings in shares of Materialise by 46.9% in the 2nd quarter. Renaissance Technologies LLC now owns 179,600 shares of the software maker’s stock worth $2,331,000 after acquiring an additional 57,300 shares during the last quarter. Bellevue Group AG acquired a new position in shares of Materialise in the 2nd quarter worth $510,000. Finally, ARK Investment Management LLC grew its holdings in shares of Materialise by 20.5% in the 2nd quarter. ARK Investment Management LLC now owns 1,494,142 shares of the software maker’s stock worth $19,394,000 after acquiring an additional 254,681 shares during the last quarter. 9.81% of the stock is currently owned by institutional investors and hedge funds.
EMaterialise NV engages in the provision of additive manufacturing software and 3D printing services. It operates through the following business segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment develops and delivers additive manufacturing software solutions and related services.
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