Northland Securities Expects Reduced Earnings for Sono-Tek

Key Points

• Northland Securities lowered Sono-Tek’s FY2027 EPS estimate to $0.10 from $0.11, below the current consensus estimate of $0.11. The firm also forecast quarterly EPS of $0.04, $0.04, and $0.05 for Q2–Q4 2028.
• Analyst sentiment remains mixed, but the overall consensus rating is “Hold” with an $8.50 price target. Sono-Tek shares opened at $5.82 and have traded between $3.40 and $6.38 over the past year.
• Sono-Tek’s latest quarterly results met expectations, with $0.05 EPS and $5.66 million in revenue, while institutional investors own 47.89% of the company. Insiders own 5.57%, and the CFO recently sold 8,346 shares.

Sono-Tek Corporation (NASDAQ:SOTK - Free Report) - Analysts at Northland Securities decreased their FY2027 earnings per share (EPS) estimates for shares of Sono-Tek in a research report issued on Wednesday, September 30th. Northland Securities analyst T. Jackson now forecasts that the industrial products company will earn $0.10 per share for the year, down from their prior estimate of $0.11. The consensus estimate for Sono-Tek's current full-year earnings is $0.11 per share. Northland Securities also issued estimates for Sono-Tek's Q2 2028 earnings at $0.04 EPS, Q3 2028 earnings at $0.04 EPS and Q4 2028 earnings at $0.05 EPS.

A number of other research firms also recently issued reports on SOTK. Weiss Ratings downgraded Sono-Tek from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, August 28th. Wall Street Zen upgraded Sono-Tek to a "strong-buy" rating in a report on Sunday, July 12th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $8.50.

Sono-Tek Stock Down 1.4%

Shares of NASDAQ SOTK opened at $5.82 on Friday. The stock has a market capitalization of $91.49 million, a PE ratio of 44.77 and a beta of 0.07. The firm has a fifty day moving average of $5.05 and a 200-day moving average of $4.92. Sono-Tek has a 52-week low of $3.40 and a 52-week high of $6.38.

Sono-Tek (NASDAQ:SOTK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. Sono-Tek had a return on equity of 10.55% and a net margin of 9.62%.The firm had revenue of $5.66 million during the quarter, compared to analysts' expectations of $5.60 million. During the same quarter last year, the business posted $0.03 EPS.

Institutional Investors Weigh In On Sono-Tek

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SOTK. Bard Associates Inc. lifted its stake in shares of Sono-Tek by 7.0% in the fourth quarter. Bard Associates Inc. now owns 43,244 shares of the industrial products company's stock worth $179,000 after acquiring an additional 2,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in Sono-Tek during the 2nd quarter valued at approximately $73,000. Renaissance Technologies LLC increased its holdings in Sono-Tek by 41.6% during the 1st quarter. Renaissance Technologies LLC now owns 89,100 shares of the industrial products company's stock worth $362,000 after purchasing an additional 26,161 shares during the last quarter. Finally, BlackRock Inc. purchased a new stake in Sono-Tek during the 2nd quarter worth approximately $179,000. Hedge funds and other institutional investors own 47.89% of the company's stock.

Insider Activity at Sono-Tek

In other Sono-Tek news, CFO Stephen Bagley sold 8,346 shares of the company's stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.13, for a total value of $42,814.98. Following the completion of the transaction, the chief financial officer owned 21,254 shares in the company, valued at $109,033.02. This represents a 28.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 13,000 shares of company stock worth $67,666. Company insiders own 5.57% of the company's stock.

Sono-Tek Company Profile

Sono-Tek Corporation develops and manufactures ultrasonic coating systems used to apply precise, uniform coatings to a variety of surfaces and components. Its technology uses high-frequency sound energy to atomize liquids into fine droplets, enabling controlled coating application with reduced overspray and material waste compared with conventional spray methods.

The company offers ultrasonic spray nozzles, coating systems, and integrated coating solutions, including automated and computer-controlled equipment.

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