Materialise (NASDAQ:MTLS) Rating Lowered to “Buy” at Wall Street Zen

Materialise (NASDAQ:MTLS) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Materialise Trading Up 2.6%

MTLS opened at $7.07 on Friday. The stock has a market cap of $417.62 million, a price-to-earnings ratio of 35.35 and a beta of 1.33. The stock’s 50 day moving average price is $6.06 and its 200-day moving average price is $5.64. Materialise has a one year low of $4.78 and a one year high of $7.14. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.24 and a current ratio of 2.42.

Materialise (NASDAQ:MTLS) last issued its quarterly earnings results on Tuesday, March 31st. The software maker reported $0.03 earnings per share for the quarter. Materialise had a return on equity of 4.05% and a net margin of 3.77%.The firm had revenue of $76.72 million for the quarter. On average, equities analysts forecast that Materialise will post 0.16 EPS for the current year.

Institutional Trading of Materialise

Several institutional investors and hedge funds have recently made changes to their positions in the business. Pacer Advisors Inc. boosted its stake in shares of Materialise by 74.2% during the first quarter. Pacer Advisors Inc. now owns 8,232 shares of the software maker’s stock valued at $41,000 after purchasing an additional 3,506 shares during the period. Optiver Holding B.V. increased its stake in Materialise by 218.1% in the 1st quarter. Optiver Holding B.V. now owns 38,383 shares of the software maker’s stock worth $190,000 after buying an additional 26,315 shares during the period. Granite Investment Partners LLC purchased a new position in Materialise in the 1st quarter worth about $58,000. XTX Topco Ltd lifted its holdings in Materialise by 327.0% during the 4th quarter. XTX Topco Ltd now owns 49,915 shares of the software maker’s stock valued at $277,000 after buying an additional 38,225 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in Materialise during the 4th quarter valued at about $56,000. 19.30% of the stock is currently owned by institutional investors.

About Materialise

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.