-$0.04 Earnings Per Share Expected for voxeljet AG (VJET) This Quarter
Wall Street analysts expect that voxeljet AG (NYSE:VJET) will report earnings per share (EPS) of ($0.04) 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) in the same quarter last year, which suggests a positive year-over-year growth rate of 81%. The company is scheduled to announce its next earnings results on Thursday, November 9th.
According to Zacks, analysts expect that voxeljet AG will report full year earnings of ($0.33) per share for the current financial year. For the next financial year, analysts expect that the business will report earnings of ($0.10) per share. Zacks’ earnings per share calculations are a mean average based on a survey of research firms 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 (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.06). The firm had revenue of $5.66 million for the quarter. voxeljet AG had a negative net margin of 55.57% and a negative return on equity of 22.77%.
Several analysts have recently weighed in on VJET shares. Piper Jaffray Companies reissued a “buy” rating and set a $8.00 price objective on shares of voxeljet AG in a report on Thursday, September 28th. ValuEngine raised voxeljet AG from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Zacks Investment Research lowered voxeljet AG from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $6.17.
Hedge funds have recently made changes to their positions in the stock. Trent Capital Management Inc. NC acquired a new stake in voxeljet AG in the 2nd quarter valued at $143,000. Symmetry Peak Management LLC acquired a new stake in voxeljet AG in the 2nd quarter valued at $146,000. Finally, Bank of New York Mellon Corp boosted its stake in voxeljet AG by 24.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock valued at $205,000 after buying an additional 9,308 shares in the last quarter. 3.27% of the stock is currently owned by institutional investors and hedge funds.
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voxeljet AG (NYSE VJET) traded down 1.98% during midday trading on Monday, hitting $5.44. The company had a trading volume of 10,174 shares. The company’s 50 day moving average is $4.70 and its 200-day moving average is $4.28. voxeljet AG has a one year low of $2.61 and a one year high of $6.37. The company’s market cap is $101.18 million.
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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