Mistras Group - MG Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mistras Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MG, but not buy additional shares or sell existing shares.
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Mistras Group's stock was trading at $4.93 at the start of the year. Since then, MG stock has increased by 3.4% and is now trading at $5.10.
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Mistras Group saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 77,300 shares, a drop of 17.7% from the December 31st total of 93,900 shares. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
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Mistras Group, Inc. (NYSE:MG) issued its earnings results on Wednesday, November, 2nd. The technology company reported $0.16 EPS for the quarter. The technology company had revenue of $178.46 million for the quarter. Mistras Group had a trailing twelve-month return on equity of 2.50% and a net margin of 0.52%.

Mistras Group issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $683.00 million-$693.00 million, compared to the consensus revenue estimate of $711.06 million.

61 employees have rated Mistras Group Chief Executive Officer Sotirios J. Vahaviolos on Glassdoor.com. Sotirios J. Vahaviolos has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mistras Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Newpark Resources (NR), Genocea Biosciences (GNCA), Primo Water (PRMW), Transocean (RIG), Allena Pharmaceuticals (ALNA), Enbridge (ENB) and Express (EXPR).

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

Mistras Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Lapides Asset Management LLC (1.50%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Dennis Bertolotti, James J Forese, Manuel N Stamatakis, Manuel N Stamatakis, Richard H Glanton and Sotirios J Vahaviolos.
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Shares of MG 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.
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One share of MG stock can currently be purchased for approximately $5.10.

Mistras Group (NYSE:MG) has a market capitalization of $152.49 million and generates $677.13 million in revenue each year. The technology company earns $3.86 million in net income (profit) each year or $0.11 on an earnings per share basis.

The company employs 5,400 workers across the globe.

Mistras Group's mailing address is 195 CLARKSVILLE ROAD, PRINCETON JUNCTION NJ, 08550. The official website for the company is www.mistrasgroup.com. The technology company can be reached via phone at (609) 716-4000 or via fax at 609-716-4145.