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Materialise (MTLS) Gains But Lags Market: What You Should Know

In the latest trading session, Materialise (MTLS) closed at $20.86, marking a +1.07% move from the previous day. This move lagged the S&P 500's daily gain of 1.17%. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 0.18%.

Prior to today's trading, shares of the 3D printing software and medical and industrial products company had gained 2.33% over the past month. This has outpaced the Computer and Technology sector's loss of 1.7% and the S&P 500's gain of 0.88% 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 $0.05, up 162.5% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $58.56 million, up 9.64% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.19 per share and revenue of $254.82 million. These totals would mark changes of -26.92% and +6.77%, respectively, from last year.

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It is also important to note the recent changes to analyst estimates for Materialise. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

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.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 18.57% lower within the past month. Materialise currently has a Zacks Rank of #3 (Hold).

Looking at its valuation, Materialise is holding a Forward P/E ratio of 108.63. This represents a premium compared to its industry's average Forward P/E of 47.86.

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 191, which puts it in the bottom 25% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.


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