Kepler Capital analyst Martin Jungfleisch maintained a Sell rating on Materialise (NASDAQ:MTLS) NV on Friday, setting a price target of $15, which is approximately 66.25% below the present share price of $44.44.
Jungfleisch expects Materialise NV to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Sell rating of shares in Materialise, with an average price target of $15.
The analysts price targets range from a high of $15 to a low of $15.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $38.12 million and a net profit of -$1.83 million. The company's market cap is $2.36 billion.
According to TipRanks.com, Kepler Capital analyst Martin Jungfleisch is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.8% and a 43.24% success rate.
EMaterialise NV engages in the provision of additive manufacturing software and 3D printing services. It operates through the following business segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment develops and delivers additive manufacturing software solutions and related services. The Materialise Medical segment includes medical software solutions, medical devices and other related products and services. The Materialise Manufacturing segment provides 3D printed services. The company was founded by Wilfried Vancraen on June 28, 1990 and is headquartered in Leuven, Belgium.