Materialise (MTLS) Expected to Release Earnings on Thursday

Materialise (NASDAQ:MTLS) is expected to be issuing its results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.0457 per share and revenue of $78.2310 million for the quarter.

Materialise (NASDAQ:MTLS) last posted its quarterly earnings results on Tuesday, March 31st. The software maker reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $76.72 million for the quarter. Materialise had a net margin of 3.77% and a return on equity of 4.05%.

Materialise Stock Performance

NASDAQ MTLS opened at $6.68 on Thursday. The company’s fifty day moving average is $6.49 and its two-hundred day moving average is $5.76. Materialise has a 52-week low of $4.78 and a 52-week high of $7.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.42 and a quick ratio of 2.24. The firm has a market capitalization of $394.59 million, a price-to-earnings ratio of 33.40 and a beta of 1.32.

Hedge Funds Weigh In On Materialise

A number of hedge funds have recently modified their holdings of MTLS. Quinn Opportunity Partners LLC acquired a new stake in Materialise in the 4th quarter valued at $391,000. Goldman Sachs Group Inc. acquired a new position in Materialise during the fourth quarter worth $179,000. Credit Agricole S A acquired a new position in Materialise during the third quarter worth $2,166,000. Banque Transatlantique SA bought a new position in shares of Materialise during the third quarter valued at $86,000. Finally, Walleye Capital LLC bought a new position in shares of Materialise during the second quarter valued at $150,000. 19.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Materialise from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 27th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Materialise presently has a consensus rating of “Hold” and a consensus price target of $10.00.

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.