ExOne Co (XONE) was Initiated by FBR Capital to “Outperform” and the brokerage firm has set the Price Target at $14. FBR Capital advised their investors in a research report released on May 24, 2016.
Many Wall Street Analysts have commented on ExOne Co. Imperial Capital Downgraded ExOne Co on Mar 28, 2016 to ” Underperform”, Price Target of the shares are set at $9.
On the company’s financial health, ExOne Co reported $-0.35 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $-0.31. The company had revenue of $8.41 million for the quarter, compared to analysts expectations of $8.96 million. The company’s revenue was up 23.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.53 EPS.
ExOne Co opened for trading at $9.24 and hit $9.49 on the upside on Friday, eventually ending the session at $9.41, with a gain of 2.95% or 0.27 points. The heightened volatility saw the trading volume jump to 1,27,170 shares. Company has a market cap of $151,200 M.
In a different news, on Jan 12, 2016, S Kent Rockwell (CEO) purchased 1,423,877 shares at $9.13 per share price. According to the SEC, on Aug 27, 2015, Brian W Smith (CFO) purchased 9,200 shares at $7.20 per share price. On Aug 25, 2015, Hans J Sack (President) purchased 33,000 shares at $6.42 per share price, according to the Form-4 filing with the securities and exchange commission.
The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines. It offers pre-production collaboration and print products for customers. Its 3D printing machines are used for both development and commercial printing. It also supplies the associated materials including consumables and replacement parts and other services including training and technical support that is necessary for purchasers of its machines to print products. The printing models include Exerial S-Max/S-Max+ S-Print/M-Print M-Flex Innovent MWT Microwave and Orion. It markets its products under the ExOne brand name in its three geographic regions the Americas Europe and Asia.