Is Buying Stock Like ExOne Co Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like ExOne Co Good Idea After Today's Bullish Options Activity?

In today’s session ExOne Co (XONE) registered an unusually high (171) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious XONE increase. With 171 contracts traded and 7894 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: XONE161021C00015000 closed last at: $0.6 or 40% down. About 121,698 shares traded hands. ExOne Co (NASDAQ:XONE) has risen 32.12% since March 8, 2016 and is uptrending. It has outperformed by 22.80% the S&P500.

Analysts await ExOne Co (NASDAQ:XONE) to report earnings on November, 14. They expect $-0.20 earnings per share, up 50.00% or $0.20 from last year’s $-0.4 per share. After $-0.18 actual earnings per share reported by ExOne Co for the previous quarter, Wall Street now forecasts 11.11% negative EPS growth.

ExOne Co (NASDAQ:XONE) Ratings Coverage

Out of 4 analysts covering ExOne (NASDAQ:XONE), 2 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 50% are positive. $14 is the highest target while $8 is the lowest. The $12.75 average target is -11.27% below today’s ($14.37) stock price. ExOne has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was maintained by Pacific Crest on Saturday, August 15 with “Equal Weight”. Credit Suisse maintained the shares of XONE in a report on Wednesday, August 12 with “Underperform” rating. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, August 11. FBR Capital initiated ExOne Co (NASDAQ:XONE) on Tuesday, May 24 with “Outperform” rating. The firm earned “Outperform” rating on Wednesday, August 12 by Oppenheimer. Imperial Capital downgraded the stock to “Underperform” rating in Monday, March 28 report. The stock of ExOne Co (NASDAQ:XONE) earned “Outperform” rating by Imperial Capital on Wednesday, September 9.

According to Zacks Investment Research, “The ExOne Company provides three-dimensional printing machines and printed products to industrial customers. The Company also supplies the associated products, including consumables and replacement parts, and services including training and technical support. It manufactures and sells 3D printing machines and printing products to specification for its customers using its in-house 3D printing machines. The ExOne Company is based in Irwin, Pennsylvania.”

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.17, from 1 in 2016Q1. The ratio improved, as 8 funds sold all ExOne Co shares owned while 15 reduced positions. 8 funds bought stakes while 19 increased positions. They now own 2.52 million shares or 0.71% more from 2.50 million shares in 2016Q1.
Ladenburg Thalmann Finance Services holds 0% of its portfolio in ExOne Co (NASDAQ:XONE) for 364 shares. Blackrock Institutional Tru Com Na has invested 0% of its portfolio in ExOne Co (NASDAQ:XONE). Goldman Sachs Gp holds 38,796 shares or 0% of its portfolio. Susquehanna International Group Limited Liability Partnership owns 207,833 shares or 0% of their US portfolio. Bancorp Of America Corporation De holds 0% of its portfolio in ExOne Co (NASDAQ:XONE) for 6,729 shares. Schwab Charles Investment Mngmt reported 14,600 shares or 0% of all its holdings. California State Teachers Retirement System last reported 0% of its portfolio in the stock. Kessler Investment Grp Inc Ltd Liability Company accumulated 7,000 shares or 0.11% of the stock. Blackrock accumulated 0% or 2,567 shares. National Bank & Trust Of Montreal Can has 360 shares for 0% of their US portfolio. Vanguard Gru Incorporated has invested 0% of its portfolio in ExOne Co (NASDAQ:XONE). Marathon Cap Management accumulated 10,000 shares or 0.05% of the stock. Northern Trust Corporation has 106,668 shares for 0% of their US portfolio. Teachers Advisors holds 0% of its portfolio in ExOne Co (NASDAQ:XONE) for 17,435 shares. Next Gru owns 400 shares or 0% of their US portfolio.

Insider Transactions: Since August 24, 2016, the stock had 1 insider purchase, and 2 insider sales for $281,345 net activity. McCarley James L also bought $102,744 worth of ExOne Co (NASDAQ:XONE) on Wednesday, August 24. The insider IRVIN JOHN sold $77,550. SACK HANS J also sold $306,539 worth of ExOne Co (NASDAQ:XONE) on Tuesday, August 30.

The ExOne Company is a provider of three dimensional printing machines and 3D printed and other products, materials and services to industrial customers. The company has a market cap of $230.74 million. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its clients using its installed base of 3D printing machines. It currently has negative earnings. The Company’s machines serve direct and indirect applications.

XONE Company Profile

The ExOne Company, incorporated on December 21, 2012, is a well-known provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its clients using its installed base of 3D printing machines. The Company’s machines serve direct and indirect applications. Direct printing produces a component and indirect printing makes a tool to produce a component. It offers pre-production collaboration and print products for clients through over nine production service centers (PSCs), which are located in North Huntingdon, Pennsylvania; Troy, Michigan; Houston, Texas; Auburn, Washington; North Las Vegas, Nevada; Gersthofen, Germany, Desenzano del Garda, Italy; Jonkoping, Sweden, and Kanagawa, Japan. It manufactures 3D printing machines at its facilities in the United States and Germany. It also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support that is necessary for purchasers of its 3D printing machines to print products.

More recent ExOne Co (NASDAQ:XONE) news were published by: Bizjournals.com which released: “ExOne Co. names new CEO” on August 19, 2016. Also Fool.com published the news titled: “3 Reasons ExOne Co. Could Fall” on July 10, 2015. Reuters.com‘s news article titled: “BRIEF-Exone Co – CEO James Mccarley reports open market purchase of 7200 …” with publication date: August 25, 2016 was also an interesting one.

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