Sono-Tek Corporation (NASDAQ:SOTK - Free Report) - Investment analysts at Northland Capmk reduced their Q2 2026 earnings per share estimates for Sono-Tek in a report released on Wednesday, July 23rd. Northland Capmk analyst E. Jackson now anticipates that the industrial products company will earn $0.02 per share for the quarter, down from their prior estimate of $0.03. Northland Capmk has a "Hold" rating on the stock. 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 $0.05 EPS, FY2029 earnings at $0.05 EPS and FY2030 earnings at $0.05 EPS.
Sono-Tek (NASDAQ:SOTK - Get Free Report) last announced its quarterly earnings results on Thursday, July 10th. The industrial products company reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The business had revenue of $5,121 billion for the quarter, compared to analysts' expectations of $5.24 million. Sono-Tek had a return on equity of 8.10% and a net margin of 6.93%. During the same period in the prior year, the firm earned $0.02 EPS.
Separately, Northland Securities reaffirmed a "market perform" rating on shares of Sono-Tek in a research note on Thursday, May 29th.
View Our Latest Analysis on SOTK
Sono-Tek Price Performance
SOTK stock traded up $0.02 on Thursday, reaching $3.36. The company's stock had a trading volume of 5,323 shares, compared to its average volume of 7,625. Sono-Tek has a 52 week low of $3.34 and a 52 week high of $6.05. The company has a market capitalization of $52.77 million, a P/E ratio of 37.28 and a beta of -0.06. The firm has a fifty day moving average of $3.71 and a two-hundred day moving average of $3.77.
Institutional Trading of Sono-Tek
A hedge fund recently raised its stake in Sono-Tek stock. Northern Trust Corp grew its holdings in Sono-Tek Corporation (NASDAQ:SOTK - Free Report) by 58.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,081 shares of the industrial products company's stock after purchasing an additional 15,212 shares during the period. Northern Trust Corp owned approximately 0.26% of Sono-Tek worth $165,000 as of its most recent SEC filing. 47.89% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
Before you consider Sono-Tek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sono-Tek wasn't on the list.
While Sono-Tek currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
