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) issued its quarterly earnings data on Monday, November, 4th. The technology company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.10. The technology company earned $192.19 million during the quarter, compared to analysts' expectations of $195.10 million. Mistras Group had a return on equity of 3.76% and a net margin of 0.56%. 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 equities research analysts have issued 1 year price objectives for Mistras Group's stock. Their forecasts range from $16.50 to $55.00. On average, they expect Mistras Group's share price to reach $30.83 in the next year. This suggests a possible upside of 148.3% 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.

Media coverage about MG stock has trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative press 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 nearest to five being the most favorable. Mistras Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Mistras Group.

Mistras Group saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 131,300 shares, a decline of 18.3% from the December 31st total of 160,700 shares. Based on an average daily trading volume, of 97,300 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.7% of the shares of the 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), Huron Consulting Group (HURN), CBIZ (CBZ), Resources Connection (RECN), Franklin Covey (FC), 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 a variety of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.25%), Dupont Capital Management Corp (0.21%), We Are One Seven LLC (0.10%), California Public Employees Retirement System (0.08%) and Assenagon Asset Management S.A. (0.07%). 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 Assenagon Asset Management S.A. and We Are One Seven LLC. View Insider Buying and Selling for Mistras Group.

MG stock was bought by a variety of institutional investors in the last quarter, including Dupont Capital Management Corp, Wedge Capital Management L L P NC and California Public Employees Retirement System. 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 $12.42.

Mistras Group has a market capitalization of $359.19 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.