NYSE:MG - Mistras Group Stock Price, Forecast & News

Mistras Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MG."

Mistras Group Inc (NYSE:MG) released its quarterly earnings data on Monday, November, 4th. The technology company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.10. The technology company had revenue of $192.19 million for the quarter, compared to analysts' expectations of $195.10 million. Mistras Group had a net margin of 0.56% and a return on equity of 3.76%. View Mistras Group's Earnings History.

Mistras Group is scheduled to release their next quarterly earnings announcement on Monday, March 9th 2020. View Earnings Estimates for Mistras Group.

3 brokerages have issued 1 year price targets for Mistras Group's stock. Their forecasts range from $14.00 to $55.00. On average, they expect Mistras Group's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 270.1% from the stock's current price. View Analyst Price Targets for Mistras Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mistras Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mistras Group.

News coverage about MG stock has trended very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mistras Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Mistras Group.

Mistras Group saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 83,900 shares, a decrease of 36.1% from the January 15th total of 131,300 shares. Based on an average daily trading volume, of 96,100 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the shares of the company are sold short. View Mistras Group's Current Options Chain.

Some companies that are related to Mistras Group include Verisk Analytics (VRSK), Equifax (EFX), Nielsen (NLSN), FTI Consulting (FCN), Exponent (EXPO), ICF International (ICFI), Huron Consulting Group (HURN), CBIZ (CBZ), Franklin Covey (FC), Resources Connection (RECN), CRA International (CRAI), VSE (VSEC), Hill International (HIL), Acacia Research (ACTG) and Odyssey Marine Exploration (OMEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mistras Group investors own include Endologix (ELGX), Apache (APA), Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Transocean (RIG), Express (EXPR), Newpark Resources (NR), Micron Technology (MU), Primo Water (PRMW) and Aegean Marine Petroleum Network (ANW).

Mistras Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bernzott Capital Advisors (6.58%), Rockefeller Capital Management L.P. (3.26%), Credit Suisse AG (2.28%), Royce & Associates LP (2.17%), Renaissance Technologies LLC (1.55%) and Rutabaga Capital Management LLC MA (1.42%). Company insiders that own Mistras Group stock include Jonathan H Wolk, Manuel N Stamatakis, Michael C Keefe, Nicholas Debenedictis, Sotirios J Vahaviolos and Wayne Curtis Weldon. View Institutional Ownership Trends for Mistras Group.

MG stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Rutabaga Capital Management LLC MA, Marshall Wace LLP, Bernzott Capital Advisors, Great Lakes Advisors LLC, Victory Capital Management Inc., Victory Capital Management Inc. and Assenagon Asset Management S.A.. View Insider Buying and Selling for Mistras Group.

MG stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Dupont Capital Management Corp, Lapides Asset Management LLC, AQR Capital Management LLC, National Investment Services of America LLC, Wedge Capital Management L L P NC, State Street Corp and Rockefeller Capital Management L.P.. Company insiders that have bought Mistras Group stock in the last two years include Jonathan H Wolk, Manuel N Stamatakis and Nicholas Debenedictis. View Insider Buying and Selling for Mistras Group.

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

One share of MG stock can currently be purchased for approximately $7.70.

Mistras Group has a market capitalization of $222.68 million and generates $742.35 million in revenue each year. The technology company earns $6.84 million in net income (profit) each year or $0.55 on an earnings per share basis. Mistras Group employs 5,700 workers across the globe.View Additional Information About Mistras Group.

The official website for Mistras Group is http://www.mistrasgroup.com/.

Mistras Group's mailing address is 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ, 08550. The technology company can be reached via phone at 609-716-4000.