NYSE:MGMistras Group Stock Price, Forecast & News

Mistras Group's stock was trading at $5.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MG shares have decreased by 19.4% and is now trading at $4.39. View which stocks have been most 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, August 3rd 2020. View our earnings forecast for Mistras Group.

Mistras Group Inc (NYSE:MG) released its quarterly earnings data on Monday, May, 18th. The technology company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.05. The technology company had revenue of $159.47 million for the quarter, compared to analysts' expectations of $151 million. Mistras Group had a negative net margin of 11.92% and a positive return on equity of 1.45%. View Mistras Group's earnings history.

3 brokers have issued 1-year price objectives for Mistras Group's shares. 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 537.8% from the stock's current price. View analysts' price targets for Mistras Group.

Headlines about MG stock have been trending extremely positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mistras Group earned a news sentiment score of 4.7 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMistras Group.

Mistras Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 228,900 shares, an increase of 25.1% from the April 30th total of 183,000 shares. Based on an average daily trading volume, of 238,500 shares, the short-interest ratio is currently 1.0 days. Approximately 1.3% 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), CBIZ (CBZ), ICF International (ICFI), Huron Consulting Group (HURN), Resources Connection (RECN), CRA International (CRAI), Franklin Covey (FC), VSE (VSEC), Acacia Research (ACTG) and Odyssey Marine Exploration (OMEX). View all competitors.

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), Primo Water (PRMW), Ring Energy (REI), Ring Energy (REI), Transocean (RIG), Aegean Marine Petroleum Network (ANW) 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 number of institutional and retail investors. Top institutional investors include Bernzott Capital Advisors (6.03%), BlackRock Inc. (4.42%), Rockefeller Capital Management L.P. (3.17%), State Street Corp (1.24%), Red Cedar Capital LLC (1.03%) and Geode Capital Management LLC (0.86%). Company insiders that own Mistras Group stock include Dennis Bertolotti, James J Forese, Jonathan H Wolk, Manuel N Stamatakis, Michael C Keefe, Nicholas Debenedictis and Sotirios J Vahaviolos. View institutional ownership trends for Mistras Group.

MG stock was sold by a variety of institutional investors in the last quarter, including Bernzott Capital Advisors, Deutsche Bank AG, Morgan Stanley, Two Sigma Investments LP, Rockefeller Capital Management L.P., UBS Group AG, New York State Common Retirement Fund, and Wedge Capital Management L L P NC. View insider buying and selling activity for Mistras Group.

MG stock was purchased by a variety of institutional investors in the last quarter, including Cornercap Investment Counsel Inc., GSA Capital Partners LLP, IndexIQ Advisors LLC, Acadian Asset Management LLC, Invenomic Capital Management LP, JPMorgan Chase & Co., BlackRock Inc., and Invesco Ltd.. Company insiders that have bought Mistras Group stock in the last two years include Dennis Bertolotti, James J Forese, Jonathan H Wolk, Manuel N Stamatakis, Nicholas Debenedictis, and Sotirios J Vahaviolos. 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 $4.39.

Mistras Group has a market capitalization of $127.63 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 5,500 workers across the globe.

The official website for Mistras Group is 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.