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

Mistras Group's stock was trading at $5.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MG stock has decreased by 21.8% and is now trading at $4.26. View which stocks have been mosted impacted by Coronavirus.

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

Mistras Group is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Mistras Group.

Mistras Group Inc (NYSE:MG) announced its earnings results on Monday, November, 4th. The technology company reported $0.12 EPS for the quarter, missing the Zacks' consensus estimate 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 0.81% and a return on equity of 3.52%. View Mistras Group's earnings history.

3 Wall Street analysts have issued twelve-month target prices for Mistras Group's stock. Their forecasts range from $14.00 to $55.00. On average, they anticipate Mistras Group's share price to reach $28.00 in the next year. This suggests a possible upside of 557.3% from the stock's current price. View analysts' price targets for Mistras Group.

News coverage about MG stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mistras Group earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View the latest news aboutMistras Group.

Mistras Group saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 172,000 shares, an increase of 32.8% from the February 13th total of 129,500 shares. Based on an average trading volume of 111,800 shares, the short-interest ratio is presently 1.5 days. Approximately 1.0% of the company's stock 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), CBIZ (CBZ), Huron Consulting Group (HURN), Resources Connection (RECN), CRA International (CRAI), Franklin Covey (FC), VSE (VSEC), 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), Primo Water (PRMW), Apache (APA), Chipotle Mexican Grill (CMG), Occidental Petroleum (OXY), Transocean (RIG), Express (EXPR), Newpark Resources (NR), Micron Technology (MU) and Aegean Marine Petroleum Network (ANW).

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 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 activity for Mistras Group.

MG stock was acquired 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 activity 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 $4.26.

Mistras Group has a market capitalization of $123.18 million and generates $748.59 million in revenue each year. The technology company earns $6.06 million in net income (profit) each year or $0.35 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.