Mistras Group (NYSE:MG) Downgraded to "Buy" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Mistras Group from “strong buy” to “buy,” while the broader analyst consensus remains “hold” with an average price target of $19.00.
• Mistras Group exceeded quarterly expectations, reporting $0.28 in EPS versus the $0.24 estimate and revenue of $193.13 million versus the $189.66 million forecast.
• The stock opened at $18.17, near its 12-month high of $19.64, and institutional investors and hedge funds own approximately 74.92% of shares.

Mistras Group (NYSE:MG - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other research analysts have also commented on MG. Weiss Ratings upgraded shares of Mistras Group from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday. Zacks Research downgraded shares of Mistras Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 8th. Finally, Roth Capital began coverage on shares of Mistras Group in a research note on Thursday, April 30th. They set a "buy" rating and a $22.00 target price for the company. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Mistras Group presently has a consensus rating of "Hold" and an average price target of $19.00.

Mistras Group Stock Performance

Shares of MG opened at $18.17 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.67 and a debt-to-equity ratio of 0.75. The firm has a market cap of $578.78 million, a PE ratio of 21.89, a price-to-earnings-growth ratio of 1.11 and a beta of 0.89. The company's 50 day simple moving average is $16.97 and its 200-day simple moving average is $16.35. Mistras Group has a 12-month low of $8.93 and a 12-month high of $19.64.

Mistras Group (NYSE:MG - Get Free Report) last announced its earnings results on Monday, August 10th. The technology company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.04. Mistras Group had a net margin of 3.65% and a return on equity of 14.66%. The business had revenue of $193.13 million for the quarter, compared to analysts' expectations of $189.66 million. As a group, equities analysts predict that Mistras Group will post 1.04 EPS for the current year.

Institutional Investors Weigh In On Mistras Group

Hedge funds have recently modified their holdings of the stock. Weber Capital Management LLC ADV purchased a new position in Mistras Group in the 4th quarter valued at $18,749,000. BlackRock Inc. acquired a new position in Mistras Group in the 2nd quarter valued at $20,373,000. IES Holdings Inc. purchased a new position in Mistras Group during the 4th quarter worth $13,660,000. Deutsche Bank AG purchased a new position in Mistras Group during the 2nd quarter worth $6,804,000. Finally, JB Capital Partners LP acquired a new stake in shares of Mistras Group in the 2nd quarter worth $3,533,185,000. 74.92% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Mistras Group

Here are the key news stories impacting Mistras Group this week:

• Positive Sentiment: Sidoti raised its Mistras estimates for FY2026 EPS to $1.07 from $1.04 and FY2027 EPS to $1.35 from $1.30. The firm also increased its Q4 2026 estimate to $0.33 from $0.27, Q2 2027 to $0.40 from $0.36, and Q4 2027 to $0.38 from $0.36. These revisions indicate improving expectations for the company’s medium-term profitability. MarketBeat analyst estimates
• Positive Sentiment: Zacks highlighted a consensus price target implying approximately 26% potential upside for MG. While Zacks cautioned that price targets alone are not reliable predictors, it said improving earnings-estimate revisions could support near-term upside. Wall Street analysts see upside in Mistras
• Neutral Sentiment: Zacks’ value-investing analysis compared Mistras with KLA and examined which stock appears more attractively valued. The article does not represent a new company announcement or a material change in MG’s fundamentals. MG versus KLAC value comparison
• Negative Sentiment: Sidoti lowered its Q3 2026 EPS forecast to $0.38 from $0.42 and trimmed its Q3 2027 estimate to $0.45 from $0.46. These isolated cuts modestly temper the otherwise positive outlook.

About Mistras Group

Mistras Group, Inc is a global provider of technology-enabled asset protection solutions and services, with a primary focus on nondestructive testing (NDT), inspection, and monitoring of critical infrastructure and industrial assets. The company's offerings span a wide range of techniques—such as ultrasonic testing, eddy current detection, magnetic particle inspection, radiography and acoustic emission—to help clients in energy, petrochemical, aerospace, manufacturing and other sectors identify and address potential failures before they occur.

In addition to traditional NDT services, Mistras delivers engineered materials solutions, including composite repairs and specialty coatings, along with predictive maintenance and condition monitoring programs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source