Materialise NV (NASDAQ:MTLS) – Stock analysts at KeyCorp issued their Q1 2018 EPS estimates for shares of Materialise NV in a note issued to investors on Tuesday. KeyCorp analyst W. Twigg anticipates that the software maker will post earnings per share of $0.02 for the quarter.
Materialise NV (NASDAQ:MTLS) last announced its quarterly earnings results on Tuesday, August 8th. The software maker reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. The firm had revenue of $33.61 million for the quarter, compared to analysts’ expectations of $31.90 million. Materialise NV had a negative return on equity of 1.59% and a negative net margin of 0.99%. Materialise NV’s revenue was up 21.8% compared to the same quarter last year. During the same period last year, the firm earned ($0.01) EPS. TRADEMARK VIOLATION NOTICE: “Research Analysts Issue Forecasts for Materialise NV’s Q1 2018 Earnings (MTLS)” was originally published by Transcript Daily and is owned by of Transcript Daily. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://transcriptdaily.com/2017/08/13/research-analysts-issue-forecasts-for-materialise-nvs-q1-2018-earnings-mtls.html.
Several other research analysts have also recently issued reports on MTLS. Credit Suisse Group increased their price objective on shares of Materialise NV from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Friday. Piper Jaffray Companies increased their price objective on shares of Materialise NV to $18.50 and gave the company an “overweight” rating in a report on Monday, July 31st. BidaskClub upgraded shares of Materialise NV from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. TheStreet upgraded shares of Materialise NV from a “d+” rating to a “c” rating in a report on Monday, June 26th. Finally, Zacks Investment Research upgraded shares of Materialise NV from a “sell” rating to a “hold” rating in a report on Thursday, April 27th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Materialise NV currently has a consensus rating of “Buy” and a consensus target price of $13.13.
Shares of Materialise NV (NASDAQ:MTLS) opened at 12.86 on Friday. Materialise NV has a 52 week low of $6.07 and a 52 week high of $15.74.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Mercantile Trust Co. bought a new position in Materialise NV during the second quarter valued at about $106,000. First Manhattan Co. bought a new position in Materialise NV during the second quarter valued at about $111,000. Private Advisor Group LLC boosted its position in Materialise NV by 5.5% in the second quarter. Private Advisor Group LLC now owns 18,702 shares of the software maker’s stock valued at $237,000 after buying an additional 980 shares during the period. Gilder Gagnon Howe & Co. LLC bought a new position in Materialise NV during the second quarter valued at about $223,000. Finally, Tiedemann Wealth Management LLC bought a new position in Materialise NV during the first quarter valued at about $178,000. Institutional investors and hedge funds own 8.07% of the company’s stock.
Materialise NV Company Profile
Materialise NV is a Belgium-based company engaged in the software industry. The Company is a provider of additive manufacturing software and of three dimensional (3D) printing services. Materialise NV incorporates of 3D printing experience into a range of software solution and 3D printing services, through which the Company seeks to form the backbone of the 3D printing industry.
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