Somewhat Positive Press Coverage Somewhat Unlikely to Affect ExOne (XONE) Stock Price
News articles about ExOne (NASDAQ:XONE) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ExOne earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.0347515720839 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of ExOne (NASDAQ XONE) traded down $0.17 during midday trading on Thursday, hitting $10.21. The stock had a trading volume of 154,000 shares, compared to its average volume of 150,946. The company has a quick ratio of 1.62, a current ratio of 2.60 and a debt-to-equity ratio of 0.02. ExOne has a one year low of $6.72 and a one year high of $14.43.
ExOne (NASDAQ:XONE) last issued its earnings results on Thursday, November 9th. The industrial products company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.13). ExOne had a negative return on equity of 25.42% and a negative net margin of 39.52%. The business had revenue of $15.89 million for the quarter, compared to the consensus estimate of $16.05 million. During the same quarter in the prior year, the firm posted ($0.23) earnings per share. The business’s revenue was up 22.3% compared to the same quarter last year. research analysts expect that ExOne will post -1.12 EPS for the current year.
Several research analysts have weighed in on the company. Canaccord Genuity Group raised ExOne from a “hold” rating to a “buy” rating and boosted their price target for the stock from $9.50 to $13.00 in a research report on Wednesday, November 15th. Canaccord Genuity raised ExOne from a “hold” rating to a “buy” rating and boosted their price target for the stock from $9.50 to $13.00 in a research report on Monday, November 13th. B. Riley reaffirmed a “buy” rating on shares of ExOne in a research report on Wednesday, November 1st. Finally, Zacks Investment Research raised ExOne from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $13.67.
In other news, Director John Irvin sold 3,606 shares of ExOne stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $11.54, for a total transaction of $41,613.24. Following the completion of the transaction, the director now directly owns 154,300 shares in the company, valued at approximately $1,780,622. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 23,039 shares of company stock valued at $269,349 over the last quarter. 31.60% of the stock is currently owned by corporate insiders.
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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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