Sidoti Analysts Lift Earnings Estimates for Mistras Group

Key Points

• Sidoti raised its Q4 2027 EPS estimate for Mistras Group to $0.36 from $0.30, while the current full-year consensus estimate remains $1.05 per share.
• Mistras Group reported Q earnings of $0.08 per share on revenue of $169.03 million, beating analyst revenue expectations of $164.25 million.
• Analyst sentiment is generally positive, with a consensus “Buy” rating and an average price target of $19.00; the stock recently opened at $17.60, near its 1-year high of $19.56.

Mistras Group Inc (NYSE:MG - Free Report) - Sidoti increased their Q4 2027 earnings per share (EPS) estimates for Mistras Group in a research report issued to clients and investors on Thursday, May 7th. Sidoti analyst J. Franzreb now expects that the technology company will earn $0.36 per share for the quarter, up from their previous forecast of $0.30. The consensus estimate for Mistras Group's current full-year earnings is $1.05 per share.

Several other equities research analysts have also commented on the stock. Roth Mkm initiated coverage on shares of Mistras Group in a research note on Thursday, April 30th. They set a "buy" rating and a $22.00 price objective on the stock. Wall Street Zen upgraded shares of Mistras Group from a "buy" rating to a "strong-buy" rating in a report on Sunday. Zacks Research raised Mistras Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Mistras Group in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Mistras Group presently has a consensus rating of "Buy" and an average target price of $19.00.

Mistras Group Stock Down 0.2%

Shares of Mistras Group stock opened at $17.60 on Monday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.81 and a quick ratio of 1.67. The company has a 50-day moving average of $16.09 and a 200 day moving average of $13.94. The firm has a market cap of $560.03 million, a price-to-earnings ratio of 25.14, a PEG ratio of 1.05 and a beta of 0.92. Mistras Group has a 1 year low of $7.22 and a 1 year high of $19.56.

Mistras Group (NYSE:MG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.08 EPS for the quarter. Mistras Group had a return on equity of 13.60% and a net margin of 3.06%.The business had revenue of $169.03 million during the quarter, compared to analyst estimates of $164.25 million.

Institutional Trading of Mistras Group

A number of institutional investors and hedge funds have recently bought and sold shares of MG. Dynamic Technology Lab Private Ltd bought a new position in shares of Mistras Group in the first quarter worth approximately $256,000. Empowered Funds LLC increased its position in shares of Mistras Group by 7.3% during the first quarter. Empowered Funds LLC now owns 218,088 shares of the technology company's stock valued at $2,307,000 after acquiring an additional 14,786 shares in the last quarter. American Century Companies Inc. increased its position in shares of Mistras Group by 24.4% during the second quarter. American Century Companies Inc. now owns 47,498 shares of the technology company's stock valued at $380,000 after acquiring an additional 9,312 shares in the last quarter. Arrowstreet Capital Limited Partnership raised 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 acquiring an additional 38,366 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised 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 acquiring an additional 65,551 shares during the last quarter. 74.92% of the stock is currently owned by institutional investors.

Mistras Group Company Profile

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.

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