Q2 Earnings Forecast for Sono-Tek Issued By Northland Capmk

Sono-Tek Corporation (NASDAQ:SOTK - Free Report) - Analysts at Northland Capmk dropped 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 post earnings per share of $0.02 for the quarter, down from their prior estimate of $0.03. Northland Capmk currently 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.

Separately, Northland Securities reaffirmed a "market perform" rating on shares of Sono-Tek in a research note on Thursday, May 29th.

Sono-Tek Trading Down 0.6%

Sono-Tek stock traded down $0.02 during midday trading on Thursday, reaching $3.37. The company's stock had a trading volume of 4,214 shares, compared to its average volume of 7,855. The stock has a market cap of $53.01 million, a PE ratio of 37.45 and a beta of -0.06. The business has a 50-day moving average price of $3.71 and a 200-day moving average price of $3.76. Sono-Tek has a 52 week low of $3.32 and a 52 week high of $6.05.

Sono-Tek (NASDAQ:SOTK - Get Free Report) last issued its quarterly earnings results on Thursday, July 10th. The industrial products company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. Sono-Tek had a return on equity of 8.10% and a net margin of 6.93%. The company had revenue of $5,121 billion for the quarter, compared to analysts' expectations of $5.24 million. During the same quarter last year, the business earned $0.02 earnings per share.

Institutional Investors Weigh In On Sono-Tek

An institutional investor recently raised its position in Sono-Tek stock. Northern Trust Corp grew its position in shares of Sono-Tek Corporation (NASDAQ:SOTK - Free Report) by 58.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,081 shares of the industrial products company's stock after buying an additional 15,212 shares during the period. Northern Trust Corp owned 0.26% of Sono-Tek worth $165,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 47.89% of the company's stock.

Sono-Tek Company Profile

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.