The ExOne Co. (NASDAQ:XONE) – Research analysts at FBR & Co issued their Q3 2016 earnings per share (EPS) estimates for The ExOne in a research report issued to clients and investors on Monday. FBR & Co analyst C. Horn anticipates that the firm will earn ($0.18) per share for the quarter. FBR & Co currently has a “Outperform” rating and a $18.00 price objective on the stock. FBR & Co also issued estimates for The ExOne’s Q4 2016 earnings at $0.01 EPS, FY2016 earnings at ($0.70) EPS and FY2017 earnings at ($0.34) EPS.
The ExOne (NASDAQ:XONE) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.18) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.27) by $0.09. The company earned $11.80 million during the quarter, compared to analysts’ expectations of $11.12 million. The ExOne had a negative net margin of 43.59% and a negative return on equity of 16.30%. The business’s quarterly revenue was up 38.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.48) earnings per share.
A number of other research firms also recently weighed in on XONE. Zacks Investment Research upgraded shares of The ExOne from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Thursday. Brean Capital restated a “hold” rating on shares of The ExOne in a research note on Thursday, August 11th. Finally, Canaccord Genuity restated a “hold” rating and issued a $12.00 price target on shares of The ExOne in a research note on Wednesday, August 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The ExOne has an average rating of “Hold” and a consensus price target of $14.00.
The ExOne (NASDAQ:XONE) opened at 15.56 on Wednesday. The ExOne has a 12-month low of $6.50 and a 12-month high of $16.15. The firm’s market cap is $250.00 million. The stock has a 50 day moving average of $14.26 and a 200 day moving average of $12.06.
In other The ExOne news, CEO James L. Mccarley bought 7,200 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The shares were acquired at an average cost of $14.27 per share, for a total transaction of $102,744.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Irvin sold 5,000 shares of The ExOne stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $15.51, for a total transaction of $77,550.00. Following the sale, the director now owns 154,300 shares in the company, valued at $2,393,193. The disclosure for this sale can be found here. Corporate insiders own 36.40% of the company’s stock.
A number of large investors have recently bought and sold shares of XONE. Marathon Capital Management purchased a new position in The ExOne during the second quarter valued at about $106,000. Sanders Morris Harris Inc. purchased a new position in The ExOne during the second quarter valued at about $124,000. Parametric Portfolio Associates LLC raised its position in The ExOne by 4.4% in the second quarter. Parametric Portfolio Associates LLC now owns 12,078 shares of the company’s stock valued at $128,000 after buying an additional 507 shares during the last quarter. A.R.T. Advisors LLC purchased a new position in The ExOne during the second quarter valued at about $150,000. Finally, Commerzbank Aktiengesellschaft FI raised its position in The ExOne by 4.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 16,886 shares of the company’s stock valued at $178,000 after buying an additional 698 shares during the last quarter. Institutional investors and hedge funds own 16.00% of the company’s stock.
About The ExOne
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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