Voxeljet AG (NYSE:VJET) – Piper Jaffray Companies cut their Q2 2019 earnings per share (EPS) estimates for shares of Voxeljet in a report issued on Monday, May 20th. Piper Jaffray Companies analyst T. Jensen now expects that the technology company will post earnings of ($0.11) per share for the quarter, down from their previous estimate of ($0.09). Piper Jaffray Companies has a “Overweight” rating and a $4.75 price target on the stock. Piper Jaffray Companies also issued estimates for Voxeljet’s Q3 2019 earnings at ($0.07) EPS, FY2019 earnings at ($0.33) EPS, Q1 2020 earnings at ($0.09) EPS, Q2 2020 earnings at ($0.08) EPS and Q3 2020 earnings at ($0.06) EPS.

A number of other research analysts also recently commented on VJET. Zacks Investment Research raised Voxeljet from a “sell” rating to a “buy” rating and set a $2.50 price target for the company in a research note on Friday, April 12th. ValuEngine downgraded Voxeljet from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st.

VJET stock opened at $1.70 on Thursday. The stock has a market capitalization of $42.80 million, a P/E ratio of -3.27 and a beta of 3.18. Voxeljet has a 52 week low of $1.55 and a 52 week high of $4.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 5.42 and a quick ratio of 3.77.

Voxeljet (NYSE:VJET) last posted its quarterly earnings results on Thursday, May 16th. The technology company reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.03). The company had revenue of $6.32 million during the quarter, compared to analyst estimates of $5.60 million. Voxeljet had a negative net margin of 36.42% and a negative return on equity of 23.03%.

An institutional investor recently raised its position in Voxeljet stock. Morgan Stanley grew its holdings in shares of Voxeljet AG (NYSE:VJET) by 131.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,937 shares of the technology company’s stock after acquiring an additional 63,047 shares during the quarter. Morgan Stanley owned 0.60% of Voxeljet worth $251,000 at the end of the most recent quarter. 27.49% of the stock is currently owned by institutional investors.

Voxeljet Company Profile

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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Earnings History and Estimates for Voxeljet (NYSE:VJET)

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