Wall Street analysts expect Materialise NV (NASDAQ:MTLS) to post $0.01 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Materialise’s earnings, with the lowest EPS estimate coming in at ($0.01) and the highest estimate coming in at $0.02. The firm is scheduled to report its next earnings report before the market opens on Tuesday, April 30th.

According to Zacks, analysts expect that Materialise will report full-year earnings of $0.11 per share for the current fiscal year, with EPS estimates ranging from $0.03 to $0.19. For the next financial year, analysts anticipate that the business will post earnings of $0.26 per share, with EPS estimates ranging from $0.17 to $0.35. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Materialise.

Materialise (NASDAQ:MTLS) last released its quarterly earnings results on Wednesday, March 6th. The software maker reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.04). The firm had revenue of $56.12 million for the quarter, compared to analyst estimates of $55.41 million. Materialise had a return on equity of 2.77% and a net margin of 1.61%.

MTLS has been the subject of several research reports. ValuEngine cut Materialise from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 10th. BidaskClub raised Materialise from a “hold” rating to a “buy” rating in a report on Thursday, February 14th. KBC Securities cut Materialise from a “buy” rating to a “hold” rating and set a $20.07 price target for the company. in a report on Friday, December 28th. Piper Jaffray Companies reissued an “overweight” rating and set a $19.00 price target on shares of Materialise in a report on Thursday, March 7th. Finally, Zacks Investment Research cut Materialise from a “hold” rating to a “sell” rating in a report on Tuesday, March 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Materialise has an average rating of “Hold” and a consensus price target of $18.69.

A number of institutional investors have recently bought and sold shares of MTLS. Advisors Preferred LLC bought a new position in shares of Materialise in the 4th quarter valued at $45,000. Nikko Asset Management Americas Inc. increased its stake in shares of Materialise by 61.0% in the 4th quarter. Nikko Asset Management Americas Inc. now owns 3,982 shares of the software maker’s stock valued at $80,000 after purchasing an additional 1,509 shares during the last quarter. Rehmann Capital Advisory Group bought a new position in shares of Materialise in the 3rd quarter valued at $289,000. Financial Gravity Wealth Inc. bought a new position in shares of Materialise in the 1st quarter valued at $131,000. Finally, Henry James International Management Inc. bought a new position in shares of Materialise in the 4th quarter valued at $201,000. Hedge funds and other institutional investors own 22.86% of the company’s stock.

NASDAQ:MTLS opened at $17.13 on Wednesday. The company has a market cap of $810.68 million, a P/E ratio of 244.71, a PEG ratio of 7.77 and a beta of 0.11. The company has a quick ratio of 2.18, a current ratio of 2.32 and a debt-to-equity ratio of 0.68. Materialise has a 1-year low of $11.16 and a 1-year high of $22.99.

About Materialise

Materialise NV provides additive manufacturing software and 3D printing services in Europe, the Americas, Africa, and the Asia-Pacific. The company's Materialise Software segment offers proprietary software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.

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Earnings History and Estimates for Materialise (NASDAQ:MTLS)

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