The ExOne Company (NASDAQ:XONE)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a research note issued on Monday. They currently have a $9.50 price target on the industrial products company’s stock, down from their previous price target of $11.00. Canaccord Genuity’s target price would indicate a potential upside of 17.28% from the company’s previous close.

XONE has been the topic of a number of other research reports. FBR & Co reissued a “buy” rating and issued a $15.00 price objective (down previously from $18.00) on shares of The ExOne in a research report on Monday. Zacks Investment Research raised shares of The ExOne from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, ValuEngine downgraded shares of The ExOne from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The ExOne has a consensus rating of “Hold” and an average price target of $13.83.

The ExOne (NASDAQ:XONE) traded down 3.2760% during mid-day trading on Monday, hitting $7.9894. 200,281 shares of the stock were exchanged. The ExOne has a 12-month low of $7.85 and a 12-month high of $16.15. The stock’s market capitalization is $128.96 million. The firm has a 50-day moving average price of $11.17 and a 200-day moving average price of $11.03.

The ExOne (NASDAQ:XONE) last released its earnings results on Wednesday, August 9th. The industrial products company reported ($0.40) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by $0.24. The ExOne had a negative net margin of 39.31% and a negative return on equity of 22.66%. The firm had revenue of $10.80 million during the quarter, compared to the consensus estimate of $14.75 million. During the same quarter in the previous year, the firm posted ($0.18) EPS. The company’s revenue was down 8.5% on a year-over-year basis. Equities analysts predict that The ExOne will post ($1.11) earnings per share for the current fiscal year.

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A number of hedge funds have recently made changes to their positions in the stock. Kissinger Financial Services LLC increased its stake in shares of The ExOne by 22.3% in the first quarter. Kissinger Financial Services LLC now owns 17,762 shares of the industrial products company’s stock valued at $181,000 after buying an additional 3,237 shares during the period. Essex Investment Management Co. LLC boosted its position in The ExOne by 33.5% in the first quarter. Essex Investment Management Co. LLC now owns 81,265 shares of the industrial products company’s stock worth $828,000 after buying an additional 20,371 shares during the period. KCG Holdings Inc. bought a new position in The ExOne during the first quarter worth approximately $181,000. Wells Fargo & Company MN boosted its position in The ExOne by 329.5% in the first quarter. Wells Fargo & Company MN now owns 16,864 shares of the industrial products company’s stock worth $172,000 after buying an additional 12,938 shares during the period. Finally, Waldron LP bought a new position in The ExOne during the first quarter valued at approximately $47,721,000. Hedge funds and other institutional investors own 52.58% of the company’s stock.

The ExOne Company Profile

The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines.

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