ExOne (NASDAQ:XONE) released its earnings results on Thursday. The industrial products company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.08, MarketWatch Earnings reports. The company had revenue of $25.31 million for the quarter, compared to the consensus estimate of $30.00 million. ExOne had a negative return on equity of 25.07% and a negative net margin of 28.06%.

Shares of ExOne stock traded down $0.43 during trading hours on Friday, hitting $10.14. The company’s stock had a trading volume of 89,915 shares, compared to its average volume of 134,733. ExOne has a 12-month low of $5.73 and a 12-month high of $11.73. The company has a market capitalization of $172.29 million, a price-to-earnings ratio of -8.11 and a beta of 3.82. The company has a quick ratio of 0.89, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.

XONE has been the topic of several analyst reports. Zacks Investment Research upgraded ExOne from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Saturday, November 17th. ValuEngine downgraded ExOne from a “hold” rating to a “sell” rating in a research report on Wednesday, November 21st.

Several institutional investors have recently made changes to their positions in XONE. Granite Investment Partners LLC lifted its position in shares of ExOne by 55.2% in the third quarter. Granite Investment Partners LLC now owns 64,669 shares of the industrial products company’s stock valued at $613,000 after acquiring an additional 23,000 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of ExOne in the third quarter valued at about $114,000. Vanguard Group Inc. lifted its position in shares of ExOne by 1.5% in the third quarter. Vanguard Group Inc. now owns 447,933 shares of the industrial products company’s stock valued at $4,246,000 after acquiring an additional 6,700 shares in the last quarter. Vanguard Group Inc lifted its position in shares of ExOne by 1.5% in the third quarter. Vanguard Group Inc now owns 447,933 shares of the industrial products company’s stock valued at $4,246,000 after acquiring an additional 6,700 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of ExOne by 3.2% in the fourth quarter. Bank of New York Mellon Corp now owns 150,377 shares of the industrial products company’s stock valued at $996,000 after acquiring an additional 4,659 shares in the last quarter. Institutional investors and hedge funds own 23.77% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://www.watchlistnews.com/exone-xone-announces-quarterly-earnings-results-beats-estimates-by-0-08-eps/2892500.html.

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.

Featured Article: Analyst Ratings Trading

Earnings History for ExOne (NASDAQ:XONE)

Receive News & Ratings for ExOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExOne and related companies with MarketBeat.com's FREE daily email newsletter.