Voxeljet (NYSE:VJET) had its price objective trimmed by Piper Jaffray Companies from $5.50 to $4.75 in a research report report published on Monday, The Fly reports. The brokerage currently has an overweight rating on the technology company’s stock. Piper Jaffray Companies also issued estimates for Voxeljet’s Q2 2019 earnings at ($0.11) EPS, Q3 2019 earnings at ($0.07) EPS, FY2019 earnings at ($0.33) EPS, Q1 2020 earnings at ($0.09) EPS, Q2 2020 earnings at ($0.08) EPS and Q3 2020 earnings at ($0.06) EPS.

Other equities research analysts also recently issued reports about the company. Zacks Investment Research raised Voxeljet from a sell rating to a buy rating and set a $2.50 target price for the company in a report on Friday, April 12th. ValuEngine lowered Voxeljet from a hold rating to a sell rating in a research report on Wednesday, May 1st.

Shares of NYSE VJET opened at $1.78 on Monday. Voxeljet has a 12 month low of $1.55 and a 12 month high of $4.75. The firm has a market cap of $42.80 million, a PE ratio of -3.42 and a beta of 3.18. The company has a debt-to-equity ratio of 0.46, a current ratio of 5.42 and a quick ratio of 3.77.

Voxeljet (NYSE:VJET) last announced its earnings results on Thursday, May 16th. The technology company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.03). Voxeljet had a negative net margin of 36.42% and a negative return on equity of 23.03%. The company had revenue of $6.32 million for the quarter, compared to analysts’ expectations of $5.60 million. On average, research analysts anticipate that Voxeljet will post -0.3 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Voxeljet stock. Morgan Stanley boosted its holdings in shares of Voxeljet AG (NYSE:VJET) by 131.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 110,937 shares of the technology company’s stock after buying an additional 63,047 shares during the period. Morgan Stanley owned approximately 0.60% of Voxeljet worth $251,000 as of its most recent filing with the Securities and Exchange Commission. 27.49% of the stock is owned by hedge funds and other institutional investors.

About Voxeljet

voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers worldwide. The company operates in two segments, Systems and Services. The Systems segment develops, produces, and sells 3D printers. This segment also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts.

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