NASDAQ:SOTK

Sono-Tek - SOTK Stock Forecast, Price & News

$5.35

+0.16 (+3.08%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $5.17
▼
$5.56
50-Day Range: $4.95
▼
$7.80
52-Week Range: $2.69
▼
$9.49

Volume: 26,230 shs
Average Volume: 25,757 shs
Market Capitalization: $84.15 million

P/E Ratio: 53.51
Dividend Yield: N/A
Price Target: N/A

Sono-Tek MarketRank™ Forecast

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: 1.43
Based on 2 Articles This Week
Insider Trading: Selling Shares
$40,173 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.03 out of 5 stars

Computer And Technology Sector

460th out of 664 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

11th 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 0.6, 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 64.12%, 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.

3.0

News and Social Media Coverage

News Sentiment
Sono-Tek has a news sentiment score of 1.43. 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 0.47 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sono-Tek this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for SOTK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

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 $40,173.00 in company stock.
Percentage Held by Insiders
Only 6.64% of the stock of Sono-Tek is held by insiders.
Percentage Held by Institutions
57.69% of the stock of Sono-Tek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sono-Tek is 53.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sono-Tek is 53.51, 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 411.90.
Price to Book Value per Share Ratio
Sono-Tek has a P/B Ratio of 6.15. 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 (NASDAQ:SOTK) Stock

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. It also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment. The company's products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. It markets and distributes its products through independent distributors and sales representatives. The company was incorporated in 1975 and is based in Milton, New York.

Wall Street Analysts Forecast Growth

Separately, TheStreet lowered shares of Sono-Tek from a "b" rating to a "c+" rating in a research report on Tuesday, July 19th.

Sono-Tek Stock Performance

NASDAQ:SOTK opened at $5.19 on Tuesday. Sono-Tek has a one year low of $2.69 and a one year high of $9.49. The firm has a market cap of $81.64 million, a price-to-earnings ratio of 51.91 and a beta of 0.04. The firm's fifty day moving average is $6.40 and its two-hundred day moving average is $5.99.

Sono-Tek (NASDAQ:SOTK - Get Rating) last posted its quarterly earnings results on Friday, July 15th. The industrial products company reported $0.02 EPS for the quarter. Sono-Tek had a net margin of 9.02% and a return on equity of 11.83%. The company had revenue of $4.05 million for the quarter.

Insider Transactions at Sono-Tek

In related news, CFO Stephen James Bagley sold 5,295 shares of the company's stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $6.62, for a total transaction of $35,052.90. Following the completion of the transaction, the chief financial officer now owns 56,748 shares in the company, valued at approximately $375,671.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.64% of the company's stock.

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SOTK Stock News Headlines

July 20, 2022 | uk.investing.com

Sono-Tek Corporation Misses Q2 EPS by 1c

July 20, 2022 | seekingalpha.com

Sono-Tek GAAP EPS of $0.02, revenue of $4.05M, provides Q2 guidance

July 18, 2022 | finance.yahoo.com

Sono-Tek Reports Increased Sales and Operating Income for First Quarter Fiscal 2023 and Provides Second Quarter and Fiscal 2023 Sales Guidance

June 13, 2022 | finance.yahoo.com

Correction: Sono-Tek Corporation Expected to be Added to Russell Microcap® Index

June 10, 2022 | apnews.com

Sono-Tek Corporation Expected to be Added to Russell 3000(R) Index

June 9, 2022 | finance.yahoo.com

Sono-Tek Corporation Expected to be Added to Russell 3000® Index

June 8, 2022 | finance.yahoo.com

Sono-Tek to Present at Sidoti Summer Virtual Investor Conference

May 24, 2022 | marketwatch.com

Sono-Tek Says It Hit Record Sales in FY22, Shares Rise Almost 12%

May 24, 2022 | seekingalpha.com

Quantum Computing tops tech gainers; BigBear.ai tops losers

May 24, 2022 | seekingalpha.com

Sono-Tek Corporation (SOTK) CEO Christopher Coccio on Q4 2022 Results - Earnings Call Transcript

May 24, 2022 | finance.yahoo.com

Sono-Tek Announces Record Sales and Backlog for Fiscal Year 2022, Another Record Year for Sales Expected for Fiscal Year 2023, and Provides First Quarter Fiscal 2023 Sales Guidance

May 23, 2022 | markets.businessinsider.com

Sono Tek is about to announce earnings — here's what Wall Street expects

May 16, 2022 | finance.yahoo.com

Sono-Tek Announces Fourth Quarter and FY 2022 Year End Earnings Conference Call

April 25, 2022 | finanznachrichten.de

SONO-TEK CORPRATION

April 25, 2022 | finance.yahoo.com

Sono-Tek Corp Invites You to Join Us at Investor Summit Group's Q2 In-Person Conference

March 16, 2022 | seekingalpha.com

Sono-Tek sees prelim FY22 revenue ahead of analyst estimates

March 16, 2022 | finance.yahoo.com

Sono-Tek Announces Preliminary Record Revenue and Operating Income for Fiscal Year 2022 and Provides First Quarter FY2023 Revenue Guidance

March 5, 2022 | finance.yahoo.com

Sono-Tek Corporation (SOTK)

March 3, 2022 | finance.yahoo.com

Should You Consider Buying Sono-Tek Corporation (SOTK) Shares?

January 16, 2022 | nasdaq.com

Sono-Tek Corporation Common Stock (SOTK)

January 12, 2022 | seekingalpha.com

Sono-Tek reports 15% increased sales and strong backlog for 3Q22

January 12, 2022 | finance.yahoo.com

Sono-Tek Reports Increased Sales and Strong Backlog for Third Quarter Fiscal 2022 and Continues to Expect Record Annual Sales for FY2022

December 1, 2021 | finance.yahoo.com

Sono-Tek to Present at Sidoti Virtual Investor Conference

November 9, 2021 | finance.yahoo.com

Sono-Tek Announces Laboratory Expansion for Catalyst Coated Membranes to Meet Demand

October 13, 2021 | msn.com

Sono-Tek Stock Jumps On Solid FY22 Outlook

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SOTK Company Calendar

Last Earnings: 7/15/2022
Today: 8/16/2022
Next Earnings (Estimated): 10/12/2022
Fiscal Year End: 2/28/2023

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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: 66
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.10
Trailing P/E Ratio: 53.51
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.54 million
Net Margins: 9.02%
Pretax Margin: 10.99%
Return on Equity: 11.83%
Return on Assets: 8.83%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.51
Quick Ratio: 2.86

Sales & Book Value

Annual Sales: $17.13 million
Price / Sales: 4.91
Cash Flow: $0.19 per share
Price / Cash Flow: 27.55
Book Value: $0.87 per share
Price / Book: 6.15

Miscellaneous

Outstanding Shares: 15,729,000
Free Float: 14,685,000
Market Cap: $84.15 million
Optionable: Not Optionable
Beta: 0.04

Key Executives

Dr. Christopher L. Coccio Ph.D. (Age 81)
Chairman & CEO
Comp: $197.97k
Mr. R. Stephen Harshbarger (Age 54)
Pres, COO & Director
Comp: $284.49k
Mr. Stephen J. Bagley CPA (Age 59)
CPA, Chief Financial Officer
Comp: $210.02k
Mr. Bennett D. Bruntil (Age 41)
VP of Sales & Marketing
Mr. Robb William Engle (Age 51)
Exec. VP of Engineering
Ms. Claudine Y. Corda
Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SOTK Stock - Frequently Asked Questions

How have SOTK shares performed in 2022?: Sono-Tek's stock was trading at $7.4315 at the beginning of the year. Since then, SOTK stock has decreased by 28.0% and is now trading at $5.35.
View the best growth stocks for 2022 here.
When is Sono-Tek's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 12th 2022.
View our SOTK earnings forecast.
How were Sono-Tek's earnings last quarter?: Sono-Tek Co. (NASDAQ:SOTK) announced its quarterly earnings data on Friday, July, 15th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. The industrial products company had revenue of $4.05 million for the quarter. Sono-Tek had a net margin of 9.02% and a trailing twelve-month return on equity of 11.83%.
What is Sono-Tek's stock symbol?: Sono-Tek trades on the NASDAQ under the ticker symbol "SOTK."

Who are Sono-Tek's major shareholders?: Sono-Tek's stock is owned by a variety of institutional and retail investors. Top institutional investors include ARS Investment Partners LLC (0.50%), Coombe Bender & Co LLC (0.09%), O Shaughnessy Asset Management LLC (0.07%) and Peak Financial Advisors LLC (0.07%). Insiders that own company stock include Christopher L Coccio, Eric Haskell, Joseph Riemer, Philip A Strasburg, Robb William Engle, Samuel Schwartz and Stephen James Bagley.
View institutional ownership trends.
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.
What is Sono-Tek's stock price today?: One share of SOTK stock can currently be purchased for approximately $5.35.
How much money does Sono-Tek make?: Sono-Tek (NASDAQ:SOTK) has a market capitalization of $84.15 million and generates $17.13 million in revenue each year. The industrial products company earns $2.54 million in net income (profit) each year or $0.10 on an earnings per share basis.
How can I contact Sono-Tek?: Sono-Tek's mailing address is 2012 RT 9W, MILTON NY, 12547. The official website for the company is www.sono-tek.com. The industrial products company can be reached via phone at (845) 795-2020, via email at info@sono-tek.com, or via fax at 845-795-2720.

This page (NASDAQ:SOTK) was last updated on 8/17/2022 by MarketBeat.com Staff

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Sono-Tek - SOTK Stock Forecast, Price & News

Sono-Tek MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month