The ExOne Company (NASDAQ:XONE) announced its earnings results on Wednesday. The industrial products company reported ($0.40) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by $0.24, Briefing.com reports. The company had revenue of $10.80 million for the quarter, compared to analysts’ expectations of $14.75 million. The ExOne had a negative return on equity of 17.71% and a negative net margin of 31.67%. The company’s quarterly revenue was down 8.5% compared to the same quarter last year. During the same period last year, the business earned ($0.18) EPS.
Shares of The ExOne (NASDAQ:XONE) traded up 1.13% during mid-day trading on Wednesday, reaching $9.88. 155,838 shares of the company traded hands. The company’s market capitalization is $159.47 million. The ExOne has a 52-week low of $9.13 and a 52-week high of $16.15. The firm’s 50 day moving average price is $11.71 and its 200-day moving average price is $11.06.
XONE has been the subject of several research analyst reports. Zacks Investment Research lowered shares of The ExOne from a “hold” rating to a “sell” rating in a research note on Wednesday, May 17th. FBR & Co reissued an “outperform” rating and set a $18.00 price target on shares of The ExOne in a research report on Friday, May 12th. Finally, ValuEngine cut shares of The ExOne from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The ExOne has an average rating of “Hold” and a consensus target price of $15.33.
The ExOne Company Profile
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.
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