Zacks: Brokerages Anticipate Voxeljet AG (VJET) Will Post Earnings of -$0.12 Per Share

Wall Street analysts forecast that Voxeljet AG (NYSE:VJET) will announce earnings of ($0.12) per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Voxeljet’s earnings. The highest EPS estimate is ($0.09) and the lowest is ($0.14). Voxeljet reported earnings of ($0.17) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 29.4%. The firm is scheduled to report its next quarterly earnings results after the market closes on Thursday, March 29th.

On average, analysts expect that Voxeljet will report full year earnings of ($0.50) per share for the current year, with EPS estimates ranging from ($0.51) to ($0.49). For the next financial year, analysts expect that the business will post earnings of ($0.34) per share, with EPS estimates ranging from ($0.45) to ($0.23). Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that follow Voxeljet.

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Several research firms have commented on VJET. TheStreet downgraded shares of Voxeljet from a “c-” rating to a “d+” rating in a report on Thursday, March 15th. Zacks Investment Research downgraded shares of Voxeljet from a “hold” rating to a “sell” rating in a report on Tuesday, February 27th. ValuEngine downgraded shares of Voxeljet from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Finally, Cowen reissued a “buy” rating and set a $6.00 price objective on shares of Voxeljet in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $6.33.

An institutional investor recently bought a new position in Voxeljet stock. Symmetry Peak Management LLC purchased a new stake in Voxeljet AG (NYSE:VJET) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 162,379 shares of the technology company’s stock, valued at approximately $742,000. Voxeljet comprises about 0.6% of Symmetry Peak Management LLC’s portfolio, making the stock its 23rd largest holding. Symmetry Peak Management LLC owned 0.87% of Voxeljet at the end of the most recent quarter. Hedge funds and other institutional investors own 6.64% of the company’s stock.

Voxeljet (NYSE VJET) traded down $0.16 on Friday, hitting $3.69. 36,244 shares of the company’s stock traded hands, compared to its average volume of 48,625. Voxeljet has a twelve month low of $2.61 and a twelve month high of $6.37. The company has a market cap of $71.61, a P/E ratio of -6.96 and a beta of 2.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.02 and a quick ratio of 3.44.

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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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