The Devil in the Details: Analysts Take Aim at Materialise NV (NASDAQ:MTLS)

Materialise NV (NASDAQ:MTLS) currently has an Average Broker Rating of 1. The ABR rank within the industry stands at 34. This number is based on the 2 sell-side firms polled by Zacks.  

Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR. 

As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.

Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.

For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.

Analysts on a consensus basis are expecting that the stock will reach $18.25 within the year.

Strictly technical traders typically don’t pay a whole lot of attention to fundamental factors such as value, competition, or company management. Technical analysts want to figure out trends based on indicators, charts, and prior price data. These types of traders are usually highly active and hold positions for short periods of time in order to capitalize on short-term price fluctuations. Active traders may be quick to unload a position if it does not pan out as expected. Technicians often pay a great deal of attention to support and resistance levels. These are levels where traders believe a specific stock will either see a bounce or a pullback. 

Most recently Materialise NV (NASDAQ:MTLS) posted quarterly earnings of $-0.02 which compared to the sell-side estimates of -0.01. The stock’s 12-month trailing earnings per share stands at $-0.03. Shares have moved $15.82 over the past month and more recently, $4.68 over the past week heading into the earnings announcement. There are 2 analyst projections that were taken into consideration from respected brokerage firms.

Research analysts are predicting that Materialise NV (NASDAQ:MTLS) will report earnings of $0.01 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Materialise NV (NASDAQ:MTLS) closed the last session at $15.67 and sees an average of 70082.45 shares trade hands in each session. The 52-week low of the stock stands at $6.37 while the current level stands at 94.32% of the 52-week High-Low range. Looking further out we can see that the stock has moved 16.59% over the past 12 weeks and 104.04% year to date.

There are plenty of technical indicators that traders can choose to follow. With so many different signals to follow, traders may choose to focus on a small number of indicators to start. Many technical analysts will use a combination of different signals in order to help identify the best entry and exit points of a trade. Becoming a master at spotting trends and creating charts may seem impossible for the novice investor. Taking the time to fully understand the methods behind the indicators may help the trader with trying to sort everything out. Studying up on the theory behind some of the more popular indicators may help the trader understand exactly what they are doing when setting up their charts. 

2 analysts rate Materialise NV a Buy or Strong Buy, which is 100% of all the analyst ratings.

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