Sidoti Issues Negative Estimate for Mistras Group Earnings

Key Points

• Sidoti cut its Q3 2026 EPS forecast for Mistras Group to $0.38 from $0.42, while projecting $1.07 in FY2026 earnings and $1.35 in FY2027 earnings.
• Mistras Group’s latest quarterly results exceeded expectations, with EPS of $0.28 versus the $0.24 consensus and revenue of $193.13 million versus estimates of $189.66 million.
• The stock was down 6.4%, and analysts’ overall view remains cautious: Mistras has a consensus “Hold” rating and a $19.00 average price target. Institutional investors own approximately 74.92% of the shares.

Mistras Group Inc (NYSE:MG - Free Report) - Stock analysts at Sidoti lowered their Q3 2026 earnings per share estimates for Mistras Group in a research note issued to investors on Wednesday, August 12th. Sidoti analyst J. Franzreb now expects that the technology company will earn $0.38 per share for the quarter, down from their prior forecast of $0.42. The consensus estimate for Mistras Group's current full-year earnings is $1.05 per share. Sidoti also issued estimates for Mistras Group's Q4 2026 earnings at $0.33 EPS, FY2026 earnings at $1.07 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.45 EPS, Q4 2027 earnings at $0.38 EPS and FY2027 earnings at $1.35 EPS.

Mistras Group (NYSE:MG - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The technology company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. Mistras Group had a net margin of 3.65% and a return on equity of 14.79%. The business had revenue of $193.13 million for the quarter, compared to analysts' expectations of $189.66 million.

Other equities analysts also recently issued research reports about the company. Zacks Research downgraded Mistras Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 8th. Wall Street Zen raised shares of Mistras Group from a "buy" rating to a "strong-buy" rating in a research note on Sunday, May 10th. Roth Capital initiated coverage on shares of Mistras Group in a report on Thursday, April 30th. They issued a "buy" rating and a $22.00 price target for the company. Finally, Weiss Ratings upgraded shares of Mistras Group from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $19.00.

Mistras Group Trading Down 6.4%

Shares of Mistras Group stock opened at $17.40 on Thursday. The firm has a 50-day simple moving average of $16.96 and a two-hundred day simple moving average of $16.31. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.67 and a current ratio of 1.81. Mistras Group has a fifty-two week low of $8.93 and a fifty-two week high of $19.64. The company has a market cap of $553.62 million, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 1.11 and a beta of 0.89.

Institutional Investors Weigh In On Mistras Group

Several institutional investors have recently modified their holdings of the company. Torren Management LLC acquired a new position in shares of Mistras Group during the 4th quarter worth about $28,000. State of Wyoming purchased a new stake in Mistras Group in the second quarter valued at $71,000. Kemnay Advisory Services Inc. purchased a new position in shares of Mistras Group during the fourth quarter worth about $74,000. MetLife Investment Management LLC increased its position in shares of Mistras Group by 17.8% during the fourth quarter. MetLife Investment Management LLC now owns 7,035 shares of the technology company's stock worth $89,000 after purchasing an additional 1,065 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Mistras Group by 22.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,417 shares of the technology company's stock valued at $73,000 after purchasing an additional 1,360 shares during the last quarter. 74.92% of the stock is owned by hedge funds and other 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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