Zacks: Analysts Anticipate voxeljet AG (NYSE:VJET) Will Announce Earnings of -$0.09 Per Share
Analysts predict that voxeljet AG (NYSE:VJET) will announce ($0.09) earnings per share (EPS) for the current quarter, Zacks reports. Zero analysts have made estimates for voxeljet AG’s earnings. voxeljet AG posted earnings per share of ($0.10) in the same quarter last year, which indicates a positive year over year growth rate of 10%. The company is expected to announce its next quarterly earnings report on Thursday, August 10th.
On average, analysts expect that voxeljet AG will report full year earnings of ($0.28) per share for the current financial year. For the next financial year, analysts forecast that the firm will post earnings of ($0.10) per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover voxeljet AG.
VJET has been the subject of several research analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $5.00 price target (up previously from $3.50) on shares of voxeljet AG in a report on Monday, May 15th. Piper Jaffray Companies increased their target price on shares of voxeljet AG from $5.00 to $8.00 and gave the stock an “overweight” rating in a report on Wednesday, May 24th. Zacks Investment Research upgraded shares of voxeljet AG from a “sell” rating to a “hold” rating and set a $6.25 target price for the company in a report on Wednesday, June 14th. ValuEngine upgraded shares of voxeljet AG from a “sell” rating to a “hold” rating in a report on Saturday, May 20th. Finally, Cowen and Company upgraded shares of voxeljet AG from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $3.00 to $5.50 in a report on Monday, May 15th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. voxeljet AG presently has an average rating of “Buy” and an average price target of $6.06.
Shares of voxeljet AG (NYSE:VJET) traded down 0.47% during midday trading on Monday, hitting $4.25. 57,738 shares of the company’s stock traded hands. The firm’s market capitalization is $79.05 million. voxeljet AG has a 1-year low of $2.61 and a 1-year high of $6.00. The company has a 50 day moving average price of $5.14 and a 200 day moving average price of $3.63.
COPYRIGHT VIOLATION NOTICE: “Zacks: Analysts Anticipate voxeljet AG (NYSE:VJET) Will Announce Earnings of -$0.09 Per Share” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/07/16/zacks-analysts-anticipate-voxeljet-ag-nysevjet-will-announce-earnings-of-0-09-per-share-updated.html.
About voxeljet AG
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock Ratings for voxeljet AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for voxeljet AG and related stocks with our FREE daily email newsletter.