Q4 Earnings Forecast for Mistras Group Issued By Sidoti Csr

Key Points

• Sidoti Csr has revised its Q4 2026 earnings forecast for Mistras Group, increasing the expected earnings per share from $0.17 to $0.30.
• Wall Street Zen upgraded Mistras Group's rating from "hold" to "buy" on August 9th, signaling improved investor sentiment.
• Mistras Group's recent quarterly earnings report revealed a beat on estimates, with $0.19 earnings per share compared to the consensus estimate of $0.17.

Mistras Group Inc (NYSE:MG - Free Report) - Equities research analysts at Sidoti Csr upped their Q4 2026 earnings per share (EPS) estimates for shares of Mistras Group in a report released on Monday, August 11th. Sidoti Csr analyst J. Franzreb now expects that the technology company will post earnings of $0.30 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for Mistras Group's current full-year earnings is $0.71 per share.

Separately, Wall Street Zen raised Mistras Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th.

Mistras Group Price Performance

Shares of NYSE MG traded down $0.17 during midday trading on Thursday, hitting $8.99. 7,071 shares of the company's stock were exchanged, compared to its average volume of 141,372. Mistras Group has a 12-month low of $7.06 and a 12-month high of $12.44. The company has a current ratio of 1.66, a quick ratio of 1.38 and a debt-to-equity ratio of 0.89. The company has a market cap of $283.67 million, a price-to-earnings ratio of 24.43, a PEG ratio of 0.85 and a beta of 1.43. The business's fifty day moving average price is $8.04 and its two-hundred day moving average price is $8.89.

Mistras Group (NYSE:MG - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.02. Mistras Group had a return on equity of 9.37% and a net margin of 1.64%. The business had revenue of $185.41 million for the quarter, compared to analysts' expectations of $186.43 million.

Hedge Funds Weigh In On Mistras Group

Institutional investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd increased its holdings in Mistras Group by 141.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 111,824 shares of the technology company's stock worth $896,000 after buying an additional 65,551 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Mistras Group by 33.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 153,312 shares of the technology company's stock worth $1,228,000 after buying an additional 38,366 shares in the last quarter. Panagora Asset Management Inc. bought a new stake in Mistras Group in the 2nd quarter worth about $269,000. XTX Topco Ltd increased its holdings in Mistras Group by 319.5% in the 2nd quarter. XTX Topco Ltd now owns 56,753 shares of the technology company's stock worth $455,000 after buying an additional 43,224 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Mistras Group by 24.4% in the 2nd quarter. American Century Companies Inc. now owns 47,498 shares of the technology company's stock worth $380,000 after buying an additional 9,312 shares in the last quarter. Institutional investors own 74.92% of the company's stock.

About Mistras Group

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.

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