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FY2026 EPS Estimates for Sono-Tek Lifted by Northland Capmk

Sono-Tek logo with Computer and Technology background

Key Points

  • Northland Capital Markets has raised its FY2026 earnings estimate for Sono-Tek Corporation from $0.08 to $0.11 per share, reflecting increased optimism about the company’s financial performance.
  • Sono-Tek reported earnings of $0.03 per share for the last quarter, exceeding expectations of $0.02, although revenue fell slightly short at $5.16 million compared to the estimated $5.25 million.
  • The current consensus rating for Sono-Tek's stock is "Hold," with a price target set at $7.50; however, ratings from various brokerages vary, with some recommending a "Strong Buy" and others a "Sell."
  • Five stocks to consider instead of Sono-Tek.

Sono-Tek Corporation (NASDAQ:SOTK - Free Report) - Equities research analysts at Northland Capmk lifted their FY2026 earnings estimates for Sono-Tek in a report issued on Wednesday, October 15th. Northland Capmk analyst E. Jackson now anticipates that the industrial products company will post earnings of $0.11 per share for the year, up from their previous estimate of $0.08. The consensus estimate for Sono-Tek's current full-year earnings is $0.07 per share. Northland Capmk also issued estimates for Sono-Tek's FY2027 earnings at $0.09 EPS, FY2028 earnings at $0.10 EPS, FY2029 earnings at $0.10 EPS and FY2030 earnings at $0.10 EPS.

Sono-Tek (NASDAQ:SOTK - Get Free Report) last posted its earnings results on Tuesday, October 14th. The industrial products company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. The company had revenue of $5.16 million during the quarter, compared to the consensus estimate of $5.25 million. Sono-Tek had a net margin of 7.33% and a return on equity of 8.48%. During the same period in the previous year, the firm posted $0.02 earnings per share.

Several other brokerages have also recently weighed in on SOTK. Weiss Ratings reissued a "sell (d+)" rating on shares of Sono-Tek in a research report on Wednesday, October 8th. Zacks Research upgraded shares of Sono-Tek from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $7.50.

Check Out Our Latest Report on SOTK

Sono-Tek Trading Up 2.0%

Sono-Tek stock opened at $4.13 on Thursday. The firm's 50 day simple moving average is $3.84 and its 200 day simple moving average is $3.75. The firm has a market capitalization of $64.96 million, a PE ratio of 41.30 and a beta of -0.21. Sono-Tek has a 1-year low of $3.23 and a 1-year high of $6.05.

About Sono-Tek

(Get Free Report)

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment.

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Earnings History and Estimates for Sono-Tek (NASDAQ:SOTK)

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