What to Look for in Voxeljet Earnings

By Chris Lange Updated Jan 13, 11:20AM EST · Published Mar 30, 3:20PM EDT

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

What to Look for in Voxeljet Earnings — © courtesy of 3D Systems Inc.

Voxeljet AG (NYSE: VJET) is set to report its fiscal fourth-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters are calling for a net loss of $0.12 per share on $7.59 million in revenue. The same period from the previous year had a net loss of $0.03 per share on $6.94 million in revenue.

3D printing was an industry that took a backseat after 2014 and saw a significant downturn during this time as well. However, after one of the industry leaders reported earnings recently, Voxeljet and a few other major 3D printing stocks made significant runs. This could be a potential catalyst for Voxeljet’s earnings.

This company provides 3D printers and on-demand parts services to industrial and commercial customers. Its 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets. The company operates in two segments, Systems and Services. The Systems segment focuses on the production, development, and sale of 3D printers. The Services segment prints on-demand parts for its customers, as well as creates parts, molds, cores, and models using 3D computer-aided design at its service center.

[nativounit]

A few analysts weighed in on Voxeljet prior to the release of the earnings report:

Citigroup reiterated a Hold rating with a $5 price target.
Jefferies reiterated a Hold rating with a $5 price target.
Brean Capital reiterated a Hold rating.

So far in 2016 Voxeljet has outperformed the broad markets with the stock up over 20% year to date. However over the past 52-weeks the stock is down about 35%.

Shares of Voxeljet were last trading up 4% at $5.65, with a consensus analyst price target of $5.74 and a 52-week trading range of $3.50 to $9.26.

Follow 24/7 Wall St. on Google

About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.