How to Buy Xometry Stock
Xometry Inc
Xometry, Inc. operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally.
Xometry stock last closed at $16.92, up 0.18% from the previous day, and has increased 27.03% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.03 percentage points. Xometry stock is currently +35.9% from its 52-week low of $12.45, and -56.32% from its 52-week high of $38.74.
As of Apr 25, 2024, there are 45.9M XMTR shares outstanding. The market value of XMTR is $776.66M. In the past 24 hours, 443,375 XMTR shares were traded.
How to Buy Xometry Stock
Not sure how to invest in Xometry stock? Here's how.
- Decide where to buy Xometry stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Xometry stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Analyze Xometry stock: The Xometry ticker symbol is XMTR. Is Xometry stock a good investment? Should you buy shares of XMTR? How do XMTR's underlying business fundamentals look? Do top analysts think Xometry is a good buy? Why has XMTR's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if XMTR is a good stock to buy).
- Execute your XMTR trade: Decide if you will purchase XMTR shares at the current market price or use a limit order to purchase XMTR stock at a particular price.
- Get the latest scoop on your XMTR investment: Create a watchlist to keep track of your new investment in Xometry shares.
Step 1: Decide where to buy Xometry stock
You will need a brokerage account to access the NASDAQ market and buy XMTR shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to invest in XMTR stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on one of the best stock market apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Analyze Xometry stock
After you have identified the best place to buy Xometry stock, it's critical to research their stock prior to investing, so you can comprehend the risk as well as the upside.
Xometry stock at a glance
Xometry Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on XMTR's stock page.
Is XMTR stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge XMTR's intrinsic value.
Using relative valuations metrics:
- XMTR may be undervalued based on its P/B ratio of 2.36x, relative to Specialty Industrial Machinery industry P/B ratio of 4.95x
You can access more valuation research on XMTR's stock here.
XMTR Financial Health Summary
Passed Financial Due Diligence Checks:
- XMTR profit margin has gone up from -20.8% to -14.6% in the past year.
- There are more short-term assets than short-term liabilities on the XMTR balance sheet.
- XMTR has cash burn of 48140000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the XMTR balance sheet.
- XMTR has $268.78M in cash and short term investments. This is enough to cover its annual cash burn of $48.14M.
Failed Financial Due Diligence Checks:
- XMTR has a relatively high debt to equity ratio of 1.15.
Do analysts think it's a good time to buy XMTR stock
Out of 4 sell side analysts who give recommendations on XMTR, the consensus analyst rating on Xometry is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Xometry stock forecast page.
XMTR Momentum
How are XMTR Revenues/Earnings doing?
Last year, XMTR revenue was $463.41M. Over the past four year, XMTR's revenue has gone up by 55.03% per year. This was faster than the Specialty Industrial Machinery industry average of 3.95%.
Dig into XMTR's earnings and revenue performance here.
What are XMTR insiders up to?
In the past 12 months, insiders at XMTR have sold more shares than they have bought.
Peter Goguen, Chief Operating Officer of XMTR, was the latest XMTR insider to sell. They sold $5,851.52 worth of XMTR shares on Apr 4, 2024.
Get more info about who owns XMTR shares here.
Can I get consistent income from XMTR stock?
No, Xometry doesn't provide an income stream by paying out dividends.
What do other investors have to say about XMTR?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your XMTR trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you require additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your XMTR investment
Now that you own some shares in XMTR, you'll want to keep up with your investment.
Add XMTR to a watchlist to keep tabs on your XMTR stock.
XMTR Feed
How to Buy Stock in Xometry
To reiterate, here are the 6 steps to buy Xometry stock:
- Decide where to buy Xometry stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Xometry stock
- Execute your XMTR trade
- Get the latest scoop on your XMTR investment
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Xometry, add XMTR to your watchlist by clicking the button below.
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