How have SOTK shares performed in 2023?

Sono-Tek's stock was trading at $6.42 on January 1st, 2023. Since then, SOTK stock has decreased by 19.8% and is now trading at $5.15. View the best growth stocks for 2023 here .

When is Sono-Tek's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 16th 2024. View our SOTK earnings forecast .

How were Sono-Tek's earnings last quarter?

Sono-Tek Co. (NASDAQ:SOTK) announced its quarterly earnings results on Thursday, October, 12th. The industrial products company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The industrial products company earned $5.64 million during the quarter, compared to the consensus estimate of $5.83 million. Sono-Tek had a trailing twelve-month return on equity of 5.15% and a net margin of 4.62%.

What guidance has Sono-Tek issued on next quarter's earnings?

Sono-Tek issued an update on its FY 2024 earnings guidance on Friday, October, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.82M-, compared to the consensus revenue estimate of $19.43 million.

How do I buy shares of Sono-Tek?

Shares of SOTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Sono-Tek Stock Price, News & Analysis (NASDAQ:SOTK)

$5.15

+0.02 (+0.39%)

(As of 12/8/2023 ET)

Compare

Today's Range: $5.02
▼
$5.16
50-Day Range: $4.81
▼
$5.60
52-Week Range: $4.39
▼
$6.73

Volume: 12,496 shs
Average Volume: 5,222 shs
Market Capitalization: $81.06 million

P/E Ratio: 128.78
Dividend Yield: N/A
Price Target: N/A

Sono-Tek MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$46,965 Sold Last Quarter
Proj. Earnings Growth: 16.67%
From $0.06 to $0.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Computer And Technology Sector

197th out of 583 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

5th out of 15 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Sono-Tek.

5.0

Short Interest

Percentage of Shares Shorted
0.10% of the float of Sono-Tek has been sold short.
Short Interest Ratio / Days to Cover
Sono-Tek has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sono-Tek has recently decreased by 9.29%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Sono-Tek does not currently pay a dividend.
Dividend Growth
Sono-Tek does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SOTK.

3.2

News and Social Media Coverage

News Sentiment
Sono-Tek has a news sentiment score of 0.67. 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 higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sono-Tek this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Sono-Tek to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sono-Tek insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $46,965.00 in company stock.
Percentage Held by Insiders
Only 6.65% of the stock of Sono-Tek is held by insiders.
Percentage Held by Institutions
Only 6.45% of the stock of Sono-Tek is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Sono-Tek are expected to grow by 16.67% in the coming year, from $0.06 to $0.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sono-Tek is 128.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 108.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sono-Tek is 128.78, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 223.05.
Price to Book Value per Share Ratio
Sono-Tek has a P/B Ratio of 5.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sono-Tek Stock (NASDAQ:SOTK)

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. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and application consulting services. It markets and distributes its products through direct sales personnel, select independent distributors, and sales representatives. The company was incorporated in 1975 and is based in Milton, New York.

SOTK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SOTK Stock News Headlines

December 5, 2023 | americanbankingnews.com

Sono-Tek (NASDAQ:SOTK) Share Price Crosses Below Two Hundred Day Moving Average of $5.12

November 2, 2023 | finance.yahoo.com

Unpleasant Surprises Could Be In Store For Sono-Tek Corporation's (NASDAQ:SOTK) Shares

December 10, 2023 | DTI Trader (Ad)

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You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 19, 2023 | finance.yahoo.com

Sono-Tek to Present at the Fall Foliage MicroCap Rodeo Conference

October 16, 2023 | finance.yahoo.com

Sono-Tek Corporation (NASDAQ:SOTK) Q2 2024 Earnings Call Transcript

October 15, 2023 | seekingalpha.com

Company Calendar

Last Earnings: 10/12/2023
Today: 12/10/2023
Next Earnings (Estimated): 1/16/2024
Fiscal Year End: 2/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Special industry machinery, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SOTK
CUSIP: N/A
CIK: 806172
Web: www.sono-tek.com
Phone: (845) 795-2020
Fax: 845-795-2720
Employees: 73
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.04
Trailing P/E Ratio: 128.78
Forward P/E Ratio: 85.83
P/E Growth: N/A
Net Income: $640,000.00
Net Margins: 4.62%
Pretax Margin: 5.78%
Return on Equity: 5.15%
Return on Assets: 3.71%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.83
Quick Ratio: 2.20

Sales & Book Value

Annual Sales: $15.06 million
Price / Sales: 5.38
Cash Flow: $0.07 per share
Price / Cash Flow: 70.41
Book Value: $0.93 per share
Price / Book: 5.54

Miscellaneous

Outstanding Shares: 15,740,000
Free Float: 14,696,000
Market Cap: $81.06 million
Optionable: Not Optionable
Beta: -0.29

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Key Executives

Dr. Christopher L. Coccio Ph.D. (Age 82)
Chairman & CEO
Comp: $218.77k
Mr. R. Stephen Harshbarger (Age 55)
President, COO & Director
Comp: $280.37k
Mr. Stephen J. Bagley CPA (Age 60)
CPA, Chief Financial Officer
Comp: $199.1k
Mr. Chris Cichetti (Age 41)
Vice President of Sales & Applications Engineering
Mr. Robb William Engle (Age 52)
Executive Vice President of Engineering
Ms. Claudine Y. Corda
Corporate Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SOTK Stock Analysis - Frequently Asked Questions

How have SOTK shares performed in 2023?: Sono-Tek's stock was trading at $6.42 on January 1st, 2023. Since then, SOTK stock has decreased by 19.8% and is now trading at $5.15.
View the best growth stocks for 2023 here.
When is Sono-Tek's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 16th 2024.
View our SOTK earnings forecast.
How were Sono-Tek's earnings last quarter?: Sono-Tek Co. (NASDAQ:SOTK) announced its quarterly earnings results on Thursday, October, 12th. The industrial products company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The industrial products company earned $5.64 million during the quarter, compared to the consensus estimate of $5.83 million. Sono-Tek had a trailing twelve-month return on equity of 5.15% and a net margin of 4.62%.

What guidance has Sono-Tek issued on next quarter's earnings?: Sono-Tek issued an update on its FY 2024 earnings guidance on Friday, October, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.82M-, compared to the consensus revenue estimate of $19.43 million.
How do I buy shares of Sono-Tek?: Shares of SOTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SOTK) was last updated on 12/10/2023 by MarketBeat.com Staff

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