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Materialise (MTLS) Stock Moves -0.25%: What You Should Know

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Materialise (MTLS - Free Report) closed the most recent trading day at $20.35, moving -0.25% from the previous trading session. This change was narrower than the S&P 500's 0.38% loss on the day. At the same time, the Dow lost 0.5%, and the tech-heavy Nasdaq lost 0.05%.

Prior to today's trading, shares of the 3D printing software and medical and industrial products company had lost 1.45% over the past month. This has was narrower than the Computer and Technology sector's loss of 8.71% and the S&P 500's loss of 6.25% in that time.

Wall Street will be looking for positivity from Materialise as it approaches its next earnings report date. The company is expected to report EPS of $0.06, up 50% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $60.92 million, up 9.58% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Materialise. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Materialise is currently sporting a Zacks Rank of #3 (Hold).

Investors should also note Materialise's current valuation metrics, including its Forward P/E ratio of 87.43. This valuation marks a premium compared to its industry's average Forward P/E of 52.41.

The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 158, putting it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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