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) posted its earnings results 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 earned $192.19 million during the quarter, compared to the consensus estimate 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 Wall Street analysts have issued 1-year price objectives 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 $28.50 in the next twelve months. This suggests a possible upside of 194.4% 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 headlines about MG stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Mistras Group earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock'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 31st, there was short interest totalling 83,900 shares, a decline of 36.1% from the January 15th total of 131,300 shares. Based on an average daily volume of 96,100 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the company's shares 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), 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 number of of retail and institutional investors. Top institutional investors 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 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 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 $9.68.

Mistras Group has a market capitalization of $279.95 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.