Wall Street analysts expect Voxeljet AG (NYSE:VJET) to report earnings per share of ($0.05) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Voxeljet’s earnings. The highest EPS estimate is $0.00 and the lowest is ($0.09). Voxeljet posted earnings of ($0.17) per share in the same quarter last year, which would suggest a positive year over year growth rate of 70.6%. The business is scheduled to announce its next earnings report on Thursday, March 29th.
According to Zacks, analysts expect that Voxeljet will report full year earnings of ($0.42) per share for the current fiscal year, with EPS estimates ranging from ($0.49) to ($0.35). For the next fiscal year, analysts anticipate that the company will post earnings of ($0.26) per share, with EPS estimates ranging from ($0.28) to ($0.23). Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Voxeljet.
A number of brokerages have recently commented on VJET. ValuEngine cut Voxeljet from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Cowen reissued a “buy” rating and issued a $6.00 price target on shares of Voxeljet in a research report on Friday, February 23rd. Zacks Investment Research cut Voxeljet from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, TheStreet raised Voxeljet from a “d” rating to a “c-” rating in a research report on Monday, November 13th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $6.33.
An institutional investor recently raised its position in Voxeljet stock. Bank of New York Mellon Corp lifted its stake in Voxeljet AG (NYSE:VJET) by 24.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,946 shares of the technology company’s stock after purchasing an additional 9,308 shares during the period. Bank of New York Mellon Corp owned 0.25% of Voxeljet worth $205,000 at the end of the most recent reporting period. 5.53% of the stock is currently owned by institutional investors and hedge funds.
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Voxeljet Company Profile
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (3D) printers. The Company’s offer is aimed at industrial companies active in fields such as aerospace, automotive, engineering, architecture, science, medicine, art, film and entertainment. The Company is divided in two business areas: voxeljet SYSTEMS and voxeljet SERVICES.
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