Mistras Group (NYSE:MG) Hits New 1-Year High - Should You Buy?

Key Points

• Mistras shares hit a new 52-week high, trading as high as $15.86 and last at $16.07 on light volume (~328 shares), sitting above its 50‑day ($14.70) and 200‑day ($12.78) moving averages.
• Analyst activity is mixed—Zacks upgraded the stock to a Strong Buy while Weiss Ratings reaffirmed a Hold—yet the MarketBeat consensus is a Buy with an average price target of $16.00.
• Recent fundamentals show an earnings beat (Q4 EPS $0.25 vs. $0.20 est., revenue $181.46M vs. $176.27M), a market cap of about $508M, P/E ~30.3, current ratio 1.74, and roughly 74.9% institutional ownership.

Mistras Group Inc (NYSE:MG - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $15.86 and last traded at $16.07, with a volume of 328 shares traded. The stock had previously closed at $15.48.

Analyst Ratings Changes

Several brokerages have recently commented on MG. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mistras Group in a report on Thursday, January 22nd. Zacks Research raised shares of Mistras Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $16.00.

Mistras Group Price Performance

The company has a current ratio of 1.74, a quick ratio of 1.63 and a debt-to-equity ratio of 0.77. The firm has a market cap of $507.81 million, a price-to-earnings ratio of 30.32, a price-to-earnings-growth ratio of 0.91 and a beta of 0.74. The company's 50-day moving average is $14.70 and its 200-day moving average is $12.78.

Mistras Group (NYSE:MG - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.05. The business had revenue of $181.46 million for the quarter, compared to analyst estimates of $176.27 million. Mistras Group had a net margin of 2.33% and a return on equity of 12.77%. Equities research analysts predict that Mistras Group Inc will post 0.71 earnings per share for the current year.

Institutional Trading of Mistras Group

Hedge funds have recently added to or reduced their stakes in the stock. Torren Management LLC acquired a new stake in Mistras Group in the fourth quarter valued at approximately $28,000. Jones Financial Companies Lllp acquired a new stake in Mistras Group in the third quarter valued at approximately $33,000. BNP Paribas Financial Markets boosted its position in Mistras Group by 22.5% in the third quarter. BNP Paribas Financial Markets now owns 7,417 shares of the technology company's stock valued at $73,000 after buying an additional 1,360 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Mistras Group in the fourth quarter valued at approximately $74,000. Finally, MetLife Investment Management LLC boosted its position in Mistras Group by 17.8% in the fourth quarter. MetLife Investment Management LLC now owns 7,035 shares of the technology company's stock valued at $89,000 after buying an additional 1,065 shares in the last quarter. Institutional investors and hedge funds own 74.92% of the company's stock.

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.