Bank of America equity research analysts have begun covering shares of Fathom Digital Manufacturing (NYSE: FATH – Get a review) in a research note published on Friday, reports The Fly. The brokerage set a “neutral” rating on the stock.
FATH has been the subject of several other reports. Craig Hallum began covering shares of Fathom Digital Manufacturing in a Wednesday, Jan. 19, report. They issued a “buy” rating and a price target of $11.00 for the company. Zacks Investment Research upgraded shares of Fathom Digital Manufacturing from a “buy” rating to a “hold” rating in a report released Monday. Lake Street Capital cut its target price on shares of Fathom Digital Manufacturing from $12.50 to $9.00 in a Monday, March 7 report. Stifel Nicolaus launched a hedge on shares of Fathom Digital Manufacturing in a report on Friday, February 18. They set a “buy” rating and a target price of $11.00 for the business. Finally, Needham & Company LLC launched coverage on shares of Fathom Digital Manufacturing in a report on Monday, January 24. They set a “buy” rating and a target price of $12.00 for the business. Two analysts rated the stock with a hold rating and three gave the company a buy rating. Based on data from MarketBeat, Fathom Digital Manufacturing has an average rating of “Buy” and an average target price of $10.25.
Shares of Fathom Digital Manufacturing opened at $6.17 on Friday. The company has a 50-day moving average of $7.09. The company has a quick ratio of 0.95, a current ratio of 1.22 and a leverage ratio of 0.29. Fathom Digital Manufacturing has a 12 month minimum of $5.04 and a 12 month maximum of $11.50.
A number of institutional investors have recently bought and sold shares of FATH. Tuttle Capital Management LLC acquired a new position in Fathom Digital Manufacturing in Q4 worth approximately $42,000. Siguler Guff Advisers LLC acquired a new position in Fathom Digital Manufacturing in Q4 for a value of approximately $139,738,000. State Street Corp acquired a new stake in Fathom Digital Manufacturing in Q4 for a valuation of approximately $120,000. Centiva Capital LP acquired a new stake in Fathom Digital Manufacturing in Q4 for a value of approximately $198,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in Fathom Digital Manufacturing in Q4 for a value of approximately $164,000. 78.39% of the shares are held by hedge funds and other institutional investors.
About Fathom Digital Manufacturing (Get a rating)
Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturing services in North America. It provides plastic and metal additive manufacturing, CNC machining, injection molding and tooling, sheet metal fabrication, as well as urethane casting, pattern assembly and finishing, design support, and more. engineering and design and quality inspection services for technology, defense, aerospace, medical. , automotive and IOT.
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