Hot Stock in Focus: Materialise NV (NASDAQ: MTLS)

Technology
Sally Holmes
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Leuven, Belgium, March 5, 2020 – Shares of Materialise NV (NASDAQ: MTLS) showed the bearish trend with a lower momentum of -4.19% to $16.25. The company traded total volume of 81.432K shares as contrast to its average volume of 61.98K shares. The company has a market value of $887.25M and about 54.60M shares outstanding.

For the quarter ended September 2019, Materialise NV (NASDAQ: MTLS) posted revenues of $54.93M, missing the Zacks Consensus Estimate by 2.10%. This compares to year-ago revenues of $54.10M. The company has topped consensus revenue estimates two times over the last four quarters. Materialise came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this 3D printing software and medical and industrial products company would post earnings of $0.04 per share when it actually produced a loss of $0.01, delivering a surprise of -125%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

The Company offered net profit margin of 0.40% while its gross profit margin was 55.60%. ROE was recorded as 0.60% while beta factor was 0.47. The stock, as of recent close, has shown the weekly downbeat performance of -4.41% which was maintained at -11.25% in this year.

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