Brokerages expect voxeljet AG (NYSE:VJET) to report earnings of ($0.08) per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for voxeljet AG’s earnings. voxeljet AG reported earnings per share of ($0.21) during the same quarter last year, which indicates a positive year-over-year growth rate of 61.9%. The company is scheduled to announce its next earnings report on Thursday, November 9th.
On average, analysts expect that voxeljet AG will report full year earnings of ($0.33) per share for the current year, with EPS estimates ranging from ($0.35) to ($0.31). For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.21) per share, with EPS estimates ranging from ($0.31) to ($0.11). Zacks’ EPS averages are an average based on a survey of analysts that cover voxeljet AG.
voxeljet AG (NYSE:VJET) last posted its quarterly earnings results on Monday, August 14th. The technology company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.06. voxeljet AG had a negative return on equity of 22.77% and a negative net margin of 55.57%. The firm had revenue of $5.66 million for the quarter.
A number of analysts have recently commented on the company. ValuEngine lowered voxeljet AG from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Zacks Investment Research lowered voxeljet AG from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Cowen and Company upgraded voxeljet AG from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $3.00 to $5.50 in a report on Monday, May 15th. Citigroup Inc. reiterated a “buy” rating and set a $5.00 target price (up previously from $3.50) on shares of voxeljet AG in a report on Monday, May 15th. Finally, Piper Jaffray Companies upped their target price on voxeljet AG from $5.00 to $8.00 and gave the stock an “overweight” rating in a report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $6.06.
Hedge funds have recently added to or reduced their stakes in the company. Symmetry Peak Management LLC bought a new stake in voxeljet AG during the second quarter valued at about $146,000. Bank of New York Mellon Corp increased its position in shares of voxeljet AG by 24.7% in the second quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock worth $205,000 after buying an additional 9,308 shares during the period. Finally, Trent Capital Management Inc. NC acquired a new position in shares of voxeljet AG during the second quarter worth $143,000. Institutional investors and hedge funds own 1.66% of the company’s stock.
voxeljet AG (VJET) traded up 5.45% during midday trading on Monday, hitting $3.87. The stock had a trading volume of 21,557 shares. The firm’s market cap is $71.98 million. The stock has a 50-day moving average of $4.32 and a 200-day moving average of $3.87. voxeljet AG has a 52 week low of $2.61 and a 52 week high of $6.00.
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.
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