According to Zacks, “voxeljet AG provides 3D printers and on-demand parts services to industrial and commercial customers. The company operates in two segments, Systems and Services. It serves the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product industries. voxeljet AG is headquartered in Friedberg, Germany. “
VJET has been the subject of several other reports. ValuEngine downgraded Voxeljet from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st. Piper Jaffray Companies reduced their target price on Voxeljet from $5.50 to $4.75 and set an “overweight” rating for the company in a report on Monday, May 20th.
Voxeljet (NYSE:VJET) last posted its earnings results on Thursday, May 16th. The technology company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.03). Voxeljet had a negative net margin of 36.42% and a negative return on equity of 23.03%. The firm had revenue of $6.32 million during the quarter, compared to analysts’ expectations of $5.60 million. On average, equities research analysts expect that Voxeljet will post -0.33 EPS for the current year.
A hedge fund recently raised its stake in Voxeljet stock. Bank of America Corp DE increased its position in Voxeljet AG (NYSE:VJET) by 140.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,660,395 shares of the technology company’s stock after purchasing an additional 969,960 shares during the period. Bank of America Corp DE owned 8.93% of Voxeljet worth $2,823,000 at the end of the most recent quarter. Institutional investors own 21.39% of the company’s stock.
voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers worldwide. The company operates in two segments, Systems and Services. The Systems segment develops, produces, and sells 3D printers. This segment also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts.
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