ExOne (XONE) Receives “Buy” Rating from B. Riley

ExOne (NASDAQ:XONE)‘s stock had its “buy” rating reaffirmed by equities research analysts at B. Riley in a report released on Friday. B. Riley also issued estimates for ExOne’s Q3 2019 earnings at $0.12 EPS.

XONE has been the subject of a number of other reports. ValuEngine lowered shares of ExOne from a “hold” rating to a “sell” rating in a report on Monday, October 22nd. Zacks Investment Research upgraded shares of ExOne from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a report on Thursday, August 16th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. ExOne currently has an average rating of “Buy” and a consensus target price of $11.25.

NASDAQ:XONE opened at $9.44 on Friday. ExOne has a 52 week low of $6.16 and a 52 week high of $12.50. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.65 and a quick ratio of 0.83. The firm has a market cap of $118.92 million, a P/E ratio of -7.55 and a beta of 3.90.

ExOne (NASDAQ:XONE) last posted its quarterly earnings results on Thursday, November 8th. The industrial products company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. ExOne had a negative net margin of 36.12% and a negative return on equity of 30.11%. The company had revenue of $16.59 million during the quarter, compared to analyst estimates of $22.20 million. Equities research analysts expect that ExOne will post -0.96 EPS for the current fiscal year.

In other news, Director Roger William Thiltgen purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, August 15th. The stock was bought at an average cost of $6.97 per share, for a total transaction of $69,700.00. Following the acquisition, the director now directly owns 12,500 shares of the company’s stock, valued at approximately $87,125. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 31.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of XONE. Morgan Stanley raised its holdings in ExOne by 6.1% in the 4th quarter. Morgan Stanley now owns 261,687 shares of the industrial products company’s stock worth $2,627,000 after purchasing an additional 14,956 shares in the last quarter. State Street Corp raised its holdings in ExOne by 8.4% in the 1st quarter. State Street Corp now owns 150,394 shares of the industrial products company’s stock worth $1,977,000 after purchasing an additional 11,669 shares in the last quarter. Geode Capital Management LLC raised its holdings in ExOne by 4.0% in the 1st quarter. Geode Capital Management LLC now owns 72,446 shares of the industrial products company’s stock worth $951,000 after purchasing an additional 2,782 shares in the last quarter. Sanders Morris Harris Inc. bought a new position in ExOne in the 2nd quarter worth $124,000. Finally, California State Teachers Retirement System raised its holdings in ExOne by 2.5% in the 2nd quarter. California State Teachers Retirement System now owns 22,896 shares of the industrial products company’s stock worth $242,000 after purchasing an additional 566 shares in the last quarter. Institutional investors and hedge funds own 25.73% of the company’s stock.

ExOne Company Profile

The ExOne Company develops, manufactures, and markets three-dimensional (3D) printing machines, 3D printed and other products, materials, and services primarily in North America, Europe, and Asia. The company provides various machines that enable designers and engineers to design and produce industrial prototypes and production parts.

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