Northland Securities Estimates Sono-Tek FY2027 Earnings

Key Points

• Northland Securities cut Sono-Tek’s FY2027 EPS estimate to $0.08 from $0.10, in line with the current consensus forecast. The firm also projected $0.02 EPS for Q1 2028 and $0.10 for Q3 2028.
• Sono-Tek’s latest quarterly results missed expectations, with EPS of $0.02 versus the $0.04 consensus and revenue of $5.23 million versus $5.54 million expected. The company reported a 9.32% net margin and 9.95% return on equity.
• Analyst sentiment remains mixed but leans positive: the stock has a “Moderate Buy” consensus rating and an $8.50 target price. Shares opened at $6.16, while insiders sold 13,000 shares worth approximately $67,666 over the past three months.

Sono-Tek Corporation (NASDAQ:SOTK - Free Report) - Equities researchers at Northland Securities reduced their FY2027 earnings estimates for Sono-Tek in a research report issued on Thursday, October 15th. Northland Securities analyst T. Jackson now expects that the industrial products company will earn $0.08 per share for the year, down from their previous estimate of $0.10. The consensus estimate for Sono-Tek's current full-year earnings is $0.08 per share. Northland Securities also issued estimates for Sono-Tek's Q1 2028 earnings at $0.02 EPS and Q3 2028 earnings at $0.10 EPS.

Sono-Tek (NASDAQ:SOTK - Get Free Report) last announced its quarterly earnings results on Wednesday, October 14th. The industrial products company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). Sono-Tek had a net margin of 9.32% and a return on equity of 9.95%. The company had revenue of $5.23 million during the quarter, compared to analyst estimates of $5.54 million.

Several other brokerages have also weighed in on SOTK. Wall Street Zen lowered Sono-Tek from a "strong-buy" rating to a "hold" rating in a research report on Saturday. Weiss Ratings raised Sono-Tek from a "hold (c+)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $8.50.

Sono-Tek Price Performance

SOTK stock opened at $6.16 on Monday. The company has a market cap of $97.02 million, a price-to-earnings ratio of 51.33 and a beta of 0.07. The business has a fifty day simple moving average of $5.37 and a 200-day simple moving average of $5.12. Sono-Tek has a 52 week low of $3.40 and a 52 week high of $7.48.

Insider Activity

In related news, CFO Stephen Bagley sold 8,346 shares of the stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $5.13, for a total transaction of $42,814.98. Following the completion of the sale, the chief financial officer owned 21,254 shares of the company's stock, valued at approximately $109,033.02. This represents a 28.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 13,000 shares of company stock worth $67,666. 5.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in Sono-Tek during the second quarter worth approximately $73,000. BlackRock Inc. purchased a new position in shares of Sono-Tek in the 2nd quarter valued at $179,000. Bard Associates Inc. purchased a new position in shares of Sono-Tek in the 2nd quarter valued at $349,000. Finally, Renaissance Technologies LLC raised its stake in shares of Sono-Tek by 41.6% in the 1st quarter. Renaissance Technologies LLC now owns 89,100 shares of the industrial products company's stock valued at $362,000 after acquiring an additional 26,161 shares during the period. 47.89% of the stock is owned by institutional investors and hedge funds.

Sono-Tek Company Profile

Sono-Tek Corporation develops and manufactures ultrasonic coating and precision liquid-deposition systems. Its technology uses high-frequency sound waves to atomize liquids into a controlled spray, enabling uniform application of coatings, adhesives, lubricants, and other materials while minimizing overspray and material waste.

The company's products include ultrasonic spray nozzles, integrated coating systems, and customized solutions designed for automated manufacturing processes. Sono-Tek also provides application development, process optimization, installation, training, and technical support to help customers integrate its equipment into production lines.

Sono-Tek's systems are used across a range of industries, including medical devices, electronics, semiconductor and advanced technology manufacturing, alternative energy, glass, textiles, and other industrial applications.

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