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 36.1% and is now trading at $3.48. 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 results on Monday, May, 18th. The technology company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.05. The technology company earned $159.47 million during the quarter, compared to the consensus estimate 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 analysts have issued 12-month price targets for Mistras Group's shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate Mistras Group's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 316.7% from the stock's current price. View analysts' price targets for Mistras Group.

News stories about MG stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. 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 -3.8 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Mistras Group.

Mistras Group saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 467,900 shares, an increase of 71.1% from the June 15th total of 273,500 shares. Based on an average daily trading volume, of 347,700 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.7% of the shares of the company are short sold. 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), VSE (VSEC), CRA International (CRAI), Franklin Covey (FC), 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 shareholders include Wedge Capital Management L L P NC (0.50%) and Envestnet Asset Management Inc. (0.06%). Company insiders that own Mistras Group stock include Dennis Bertolotti, James J Forese, Jonathan H Wolk, Manuel N Stamatakis, 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Mistras Group.

MG stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. 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 $3.48.

Mistras Group has a market capitalization of $101.16 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.