Voxeljet AG (VJET) Given Average Recommendation of “Hold” by Analysts

Shares of Voxeljet AG (NYSE:VJET) have been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $6.33.

Several equities analysts have recently issued reports on the company. TheStreet raised Voxeljet from a “d” rating to a “c-” rating in a research note on Monday, November 13th. Cowen set a $6.00 target price on Voxeljet and gave the company a “buy” rating in a research note on Sunday, October 15th. ValuEngine cut Voxeljet from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, Zacks Investment Research cut Voxeljet from a “hold” rating to a “sell” rating in a research note on Thursday, November 16th.

An institutional investor recently raised its position in Voxeljet stock. Bank of New York Mellon Corp grew its holdings in shares of Voxeljet AG (NYSE:VJET) by 24.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,946 shares of the technology company’s stock after buying an additional 9,308 shares during the period. Bank of New York Mellon Corp owned 0.25% of Voxeljet worth $205,000 as of its most recent SEC filing. Institutional investors own 5.41% of the company’s stock.

Voxeljet (NYSE:VJET) opened at $4.91 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.02 and a quick ratio of 3.44. The company has a market capitalization of $91.33, a P/E ratio of -8.18 and a beta of 2.71. Voxeljet has a 12 month low of $2.61 and a 12 month high of $6.37.

Voxeljet (NYSE:VJET) last announced its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.02). Voxeljet had a negative return on equity of 18.28% and a negative net margin of 37.90%. equities analysts predict that Voxeljet will post -0.37 earnings per share for the current fiscal year.

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Voxeljet Company Profile

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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