ExOne (XONE) Announces Quarterly Earnings Results

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ExOne (NASDAQ:XONE) announced its quarterly earnings data 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. ExOne had a negative return on equity of 25.07% and a negative net margin of 28.06%. The firm had revenue of $25.31 million during the quarter, compared to the consensus estimate of $30.00 million.

NASDAQ XONE traded down $0.45 on Friday, hitting $10.12. 81,170 shares of the stock were exchanged, compared to its average volume of 134,733. The firm has a market capitalization of $172.29 million, a P/E ratio of -8.10 and a beta of 3.82. ExOne has a 52 week low of $5.73 and a 52 week high of $11.73. The company has a current ratio of 1.77, a quick ratio of 0.89 and a debt-to-equity ratio of 0.02.

Hedge funds have recently added to or reduced their stakes in the stock. Granite Investment Partners LLC grew its stake in ExOne by 55.2% during the third quarter. Granite Investment Partners LLC now owns 64,669 shares of the industrial products company’s stock worth $613,000 after buying an additional 23,000 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in ExOne during the 3rd quarter worth approximately $114,000. Vanguard Group Inc. raised its holdings in ExOne by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 447,933 shares of the industrial products company’s stock worth $4,246,000 after purchasing an additional 6,700 shares during the last quarter. Vanguard Group Inc raised its holdings in ExOne by 1.5% during the 3rd quarter. Vanguard Group Inc now owns 447,933 shares of the industrial products company’s stock worth $4,246,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in ExOne by 3.2% during the 4th quarter. Bank of New York Mellon Corp now owns 150,377 shares of the industrial products company’s stock worth $996,000 after purchasing an additional 4,659 shares during the last quarter. Institutional investors and hedge funds own 23.77% of the company’s stock.

Several analysts have weighed in on the company. Zacks Investment Research downgraded ExOne from a “buy” rating to a “hold” rating in a research report on Saturday, January 12th. ValuEngine lowered ExOne from a “hold” rating to a “sell” rating in a report on Wednesday, November 21st.

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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.

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Earnings History for ExOne (NASDAQ:XONE)

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