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MTLS $5.02

MTLS target price
5.02
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0
Materialise NV
Type
Public – NV
Traded as NASDAQ: MTLS
Industry 3D Printing
Founded 1990
Founder Wilfried Vancraen
Headquarters Leuven, Belgium
Area served
Worldwide
Number of employees
1000+
Website http://www.materialise.com/

Materialise, headquartered in Leuven, Belgium, is active in the field of additive manufacturing, also known as 3D Printing.

Materialise was founded in June 1990 by Wilfried Vancraen as a spin-off of the KU Leuven, and was the first Rapid Prototyping Service Bureau in the Benelux region.

Following its conception, in addition to offering prototyping services, Materialise concentrated on the research and development of software solutions to transfer data to 3D printers. In 1991, the company released their medical software solution Mimics and in 1992, their industrial software solution Magics. Software development centers are now found in Belgium (HQ), the United States, Germany, China, Ukraine and Malaysia.

In the year 2000, in order to be able to build single-piece Stereolithography models with dimensions of more than 2 meters, Materialise developed Mammoth Stereolithography. The build area of the largest Mammoth machine is 2100x700x800mm.

Materialise has offices on five continents. Since 2014, Materialise has been publicly listed on the NASDAQ as MTLS.

Materialise's suite of industrial software includes data preparation and design optimization tools, programs to integrate 3D printing into production environments, and software and control systems used by machine manufacturers to connect applications and 3D printers.

Materialise's medical 3D Printing and biomedical engineering offering includes medical-image-based planning solutions, surgical drilling and cutting guides, patient-specific implants, and 3D-printed replicas of internal organs (such as the heart, kidneys, liver, etc.) based on CT or MRI data.

Materialise currently runs over 140 industrial 3D printers, with manufacturing centers found in Belgium (HQ), Poland, the Czech Republic, and Germany. Their manufacturing processes include Selective Laser Sintering, Stereolithography, Direct metal laser sintering, Fused deposition modeling, multi-jet modeling and vacuum casting (with 3D printed casts).

Two web services are associated with the manufacturing center. Industrial customers order parts, whether prototypes or functional parts, through OnSite. Designers and small businesses upload designs to the i.materialise 3D printing marketplace.

The technology at Materialise is used in the automotive, aerospace, consumer electronics, orthopaedic, cardiovascular, and cranio-maxillofacial industries, as well as in architecture, fashion, jewelry, art, etc.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-07-28 0.02 0.02
Q1 2022 2022-04-28 0.00 0.00
Q4 2021 2022-03-03 0.08 0.08
Q3 2021 2021-10-28 0.15 0.15
Q2 2021 2021-07-29 0.06 0.06
Q1 2021 2021-04-29 -0.07 -0.07
Q4 2020 2021-03-09 -0.01 -0.01
Q3 2020 2020-10-29 0.00 0.00
Q2 2020 2020-07-30 -0.04 -0.05

Ratings

2016-06-03 Reiterated Rating Pacific Crest Overweight $11.00
2016-05-24 Initiated Coverage FBR & Co. Market Perform $7.00
2016-05-23 Reiterated Rating FBR & Co. Marketperform
2016-05-23 Reiterated Rating FBR & Co Marketperform
2015-11-16 Reiterated Rating Oppenheimer Market Perform
2015-11-16 Reiterated Rating Piper Jaffray Buy $10.00 to $9.00
2015-11-16 Reiterated Rating Oppenheimer Holdings Inc. Market Perform
2015-11-16 Reiterated Rating Piper Jaffray Cos. Buy $10.00 to $9.00
2015-09-15 Reiterated Rating Pacific Crest Overweight $11.00
2015-08-13 Reiterated Rating Piper Jaffray Buy $9.00 to $10.00
2015-08-12 Reiterated Rating Oppenheimer Hold
2015-08-12 Reiterated Rating Canaccord Genuity Buy $10.00
2015-08-05 Reiterated Rating Pacific Crest Buy $12.00 to $11.00
2015-07-06 Downgrade KBC Securities Accumulate to Hold $10.50
2015-05-16 Reiterated Rating Piper Jaffray Overweight $10.00 to $9.00
2015-05-14 Reiterated Rating Canaccord Genuity Buy $10.00
2015-03-05 Set Price Target Piper Jaffray Buy $10.00
2015-03-05 Reiterated Rating Oppenheimer Hold
2015-01-21 Reiterated Rating Oppenheimer Market Perform
2015-01-06 Reiterated Rating Credit Suisse Outperform $15.00
2015-01-06 Reiterated Rating Credit Suisse Group AG Outperform $15.00
2014-12-17 Initiated Coverage Pacific Crest Outperform $12.00
2014-10-21 Initiated Coverage Oppenheimer Market Perform
2014-10-07 Initiated Coverage Canaccord Genuity Buy $15.00
2014-08-15 Reiterated Rating Piper Jaffray Overweight $19.00 to $18.00
2014-08-06 Initiated Coverage KBC Securities Accumulate $14.00
2014-07-21 Initiated Coverage BB&T Corp. Buy $19.00
2014-07-21 Initiated Coverage Credit Suisse Outperform $15.00
2014-07-21 Initiated Coverage Janney Montgomery Scott Buy $14.00
2014-07-21 Initiated Coverage Piper Jaffray Overweight $19.00
2016-06-03 Reiterated Rating Pacific Crest Overweight $11.00
2016-05-24 Initiated Coverage FBR & Co. Market Perform $7.00
2016-05-23 Reiterated Rating FBR & Co. Marketperform
2016-05-23 Reiterated Rating FBR & Co Marketperform
2015-11-16 Reiterated Rating Oppenheimer Market Perform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks