Mistras Group (MG) Expected to Announce Earnings on Wednesday

Mistras Group (NYSE:MG - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect Mistras Group to post earnings of $0.16 per share and revenue of $180.70 million for the quarter.

Mistras Group Price Performance

Shares of MG stock traded up $0.25 during midday trading on Friday, reaching $9.41. 81,300 shares of the company were exchanged, compared to its average volume of 128,222. The company's 50 day moving average price is $9.72 and its two-hundred day moving average price is $9.64. The company has a market cap of $294.46 million, a P/E ratio of 26.87, a PEG ratio of 0.73 and a beta of 1.34. Mistras Group has a 12 month low of $7.45 and a 12 month high of $12.44. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.55 and a current ratio of 1.68.

Insider Buying and Selling at Mistras Group

In related news, Director Nicholas Debenedictis purchased 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The stock was acquired at an average price of $9.84 per share, for a total transaction of $98,400.00. Following the transaction, the director now directly owns 217,511 shares of the company's stock, valued at $2,140,308.24. This trade represents a 4.82 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 12.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Mistras Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.