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

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

Mistras Group Inc (NYSE:MG) announced its quarterly earnings results on Monday, August, 5th. The technology company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.03. The technology company earned $200.62 million during the quarter, compared to analysts' expectations of $192.70 million. Mistras Group had a return on equity of 4.13% and a net margin of 0.01%. View Mistras Group's Earnings History.

Mistras Group is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Mistras Group.

Mistras Group updated its FY 2019 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $765-785 million, compared to the consensus revenue estimate of $768.15 million.

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 stock price to reach $35.75 in the next year. This suggests a possible upside of 121.5% 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.

News articles about MG stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mistras Group earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Mistras Group.

Mistras Group saw a decline in short interest in August. As of August 31st, there was short interest totalling 138,600 shares, a decline of 18.2% from the July 31st total of 169,400 shares. Based on an average trading volume of 77,200 shares, the short-interest ratio is currently 1.8 days. Approximately 0.8% of the shares of the company are sold short. View Mistras Group's Current Options Chain.

Some companies that are related to Mistras Group include Arcadis (ARCAY), Willdan Group (WLDN), VSE (VSEC), Hill International (HIL), Ecology and Environment (EEI), ENGlobal (ENG), Acorn Energy (ACFN), ATKINS WS GBP0.005 (WATKF) and TRI-TECH HLDG I/SH SH (TRITF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mistras Group investors own include Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Apache (APA), Chipotle Mexican Grill (CMG), Micron Technology (MU), Transocean (RIG), American River Bankshares (AMRB), Genocea Biosciences (GNCA), Ritter Pharmaceuticals (RTTR) and Brixmor Property Group (BRX).

Mistras Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bernzott Capital Advisors (7.45%), Vanguard Group Inc. (5.36%), BlackRock Inc. (4.12%), Rockefeller Capital Management L.P. (3.18%), Rutabaga Capital Management LLC MA (2.56%) and Royal Bank of Canada (2.33%). 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 JPMorgan Chase & Co., Engine Capital Management LP, Citadel Advisors LLC, Wedge Capital Management L L P NC, Renaissance Technologies LLC, United Services Automobile Association, Bank of America Corp DE and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Mistras Group.

MG stock was acquired by a variety of institutional investors in the last quarter, including Bernzott Capital Advisors, Nuveen Asset Management LLC, Royal Bank of Canada, Pacific Ridge Capital Partners LLC, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, First Manhattan Co. and Great Lakes Advisors LLC. 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 $16.14.

Mistras Group has a market capitalization of $463.14 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.