Materialise (MTLS) Projected to Post Earnings on Thursday

Materialise (NASDAQ:MTLS) will likely be issuing its results before the market opens on Thursday, July 23rd. Analysts expect Materialise to post earnings of $0.0457 per share and revenue of $78.2310 million for the quarter.

Materialise (NASDAQ:MTLS) last posted its quarterly earnings results on Tuesday, March 31st. The software maker reported $0.03 earnings per share for the quarter. The business had revenue of $76.72 million during the quarter. Materialise had a net margin of 3.77% and a return on equity of 4.05%. On average, analysts expect Materialise to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Materialise Stock Up 0.6%

Shares of NASDAQ MTLS opened at $6.60 on Wednesday. The company has a market capitalization of $389.86 million, a P/E ratio of 33.00 and a beta of 1.32. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.42 and a quick ratio of 2.24. The company has a 50 day simple moving average of $6.57 and a 200-day simple moving average of $5.79. Materialise has a 1 year low of $4.78 and a 1 year high of $7.50.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Pacer Advisors Inc. grew its holdings in shares of Materialise by 116.8% in the fourth quarter. Pacer Advisors Inc. now owns 4,726 shares of the software maker’s stock valued at $26,000 after purchasing an additional 2,546 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in Materialise by 209.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 13,092 shares of the software maker’s stock worth $73,000 after buying an additional 8,861 shares during the period. Quadrature Capital Ltd acquired a new stake in Materialise during the 4th quarter worth approximately $56,000. Osaic Holdings Inc. lifted its holdings in Materialise by 1,453.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock worth $66,000 after buying an additional 10,900 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Materialise by 19,063.2% during the 2nd quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock worth $74,000 after buying an additional 12,963 shares in the last quarter. Hedge funds and other institutional investors own 19.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Materialise from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $10.00.

About Materialise

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.