Elmet Group (ELMT) Stock Price, News & Analysis

Company Overview

Elmet Group, Inc. is a blank check company, also known as a special purpose acquisition company (SPAC). Its primary objective is to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more operating businesses.

Because Elmet Group was formed to pursue a business combination, it does not currently operate as a traditional company with established products, services or revenue-generating business segments. The company’s future activities and industry focus will depend on the transaction it completes.

Publicly available information about Elmet Group’s operating history, geographic markets and leadership is limited. The company is based in the United States and was organized for the purpose of pursuing a strategic acquisition or merger.

Key Stats

• Today's Range: $21.63 to $24.60
• 50-Day Range: $12.74 to $22.98
• 52-Week Range: $12.48 to $25.03
• Volume: 678,194 shs
• Average Volume: 706,687 shs
• Market Capitalization: $720.07 million
• P/E Ratio: 57.45
• Dividend Yield: N/A
• Price Target: $23.00
• Consensus Rating: Moderate Buy

Elmet Group Stock Analysis - MarketRank™

Elmet Group scored higher than 24% of companies evaluated by MarketBeat, and ranked 534th out of 652 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Elmet Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 4 buy ratings, 1 hold rating, and 1 sell rating.

Upside/Downside

The consensus price target for Elmet Group is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Elmet Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -15.28%

Earnings Growth

Earnings for Elmet Group are expected to decrease by -15.28% in the coming year, from $0.72 to $0.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Elmet Group is 58.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.71.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elmet Group is 58.35, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 26.70.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.75% of the float of Elmet Group has been sold short.

Short Interest Ratio / Days to Cover

Elmet Group has a short interest ratio ("days to cover") of 0.95, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Elmet Group has recently increased by 22.74%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Elmet Group does not currently pay a dividend.

Dividend Growth

Elmet Group does not have a long track record of dividend growth.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.32

News Sentiment

Elmet Group has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Elmet Group this week, compared to 3 articles on an average week.

Search Interest

8 people have searched for ELMT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

4 people have added Elmet Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Elmet Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

44.17% of the stock of Elmet Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Elmet Group has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/13/2026
• Today: 10/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NASDAQ:ELMT
• CIK: 2101698
• Web: theelmetgroup.com
• Phone: (207) 518-6791
• Fax: N/A
• Employees: 533
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Elmet Group: $23.00
• High Price Target: $26.00
• Low Price Target: $20.00
• Potential Upside/Downside: -2.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 57.46
• Forward P/E Ratio: 32.61
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 3.03
• Quick Ratio: 1.60

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 30,460,000
• Free Float: 17,005,000
• Market Cap: $715.20 million
• Optionable: N/A
• Beta: N/A