Materialise (MTLS) to Release Quarterly Earnings on Thursday

Materialise (NASDAQ:MTLS) will be announcing its earnings results before the market opens on Thursday, April 25th. Materialise has set its FY 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

Materialise (NASDAQ:MTLS) last released its quarterly earnings results on Wednesday, February 21st. The software maker reported $0.07 EPS for the quarter. The company had revenue of $72.15 million during the quarter. Materialise had a return on equity of 4.62% and a net margin of 2.59%.

Materialise Trading Up 0.2 %

MTLS opened at $4.89 on Thursday. The firm has a market cap of $288.85 million, a P/E ratio of 40.75 and a beta of 1.27. Materialise has a 12 month low of $4.82 and a 12 month high of $10.20. The company has a current ratio of 1.97, a quick ratio of 1.80 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average of $5.31 and a 200 day moving average of $5.72.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MTLS. Tower Research Capital LLC TRC boosted its position in shares of Materialise by 2,964.0% during the first quarter. Tower Research Capital LLC TRC now owns 3,064 shares of the software maker’s stock valued at $25,000 after buying an additional 2,964 shares during the period. Barclays PLC raised its stake in shares of Materialise by 305.2% during the fourth quarter. Barclays PLC now owns 3,833 shares of the software maker’s stock valued at $26,000 after acquiring an additional 2,887 shares in the last quarter. State of Tennessee Treasury Department bought a new stake in shares of Materialise during the first quarter valued at approximately $35,000. Virtu Financial LLC bought a new stake in shares of Materialise during the fourth quarter valued at approximately $70,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Materialise during the fourth quarter valued at approximately $90,000. Hedge funds and other institutional investors own 19.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Materialise from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 22nd.

Materialise Company Profile

Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.