Sono-Tek (SOTK) Stock Price, News & Analysis

Company Overview

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and application consulting services. It markets and distributes its products through direct sales personnel, select independent distributors, and sales representatives. The company was incorporated in 1975 and is based in Milton, New York.

Key Stats

• Today's Range: $4.23 to $4.41
• 50-Day Range: $3.94 to $4.50
• 52-Week Range: $3.50 to $6.12
• Volume: 1,998 shs
• Average Volume: 11,264 shs
• Market Capitalization: $67.10 million
• P/E Ratio: 47.34
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Buy

Sono-Tek Stock Analysis - MarketRank™

Sono-Tek scored higher than 66% of companies evaluated by MarketBeat, and ranked 307th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sono-Tek has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sono-Tek has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -14.29%

Earnings Growth

Earnings for Sono-Tek are expected to decrease by -14.29% in the coming year, from $0.07 to $0.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sono-Tek is 47.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sono-Tek is 47.34, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.51.

Price to Book Value per Share Ratio

Sono-Tek has a P/B Ratio of 4.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.07% of the float of Sono-Tek has been sold short.

Short Interest Ratio / Days to Cover

Sono-Tek has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sono-Tek has recently increased by 50.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sono-Tek does not currently pay a dividend.

Dividend Growth

Sono-Tek does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.07% of the float of Sono-Tek has been sold short.

Short Interest Ratio / Days to Cover

Sono-Tek has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sono-Tek has recently increased by 50.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.66

News Sentiment

Sono-Tek has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Sono-Tek this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Sono-Tek to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sono-Tek insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,533.00 in company stock.

Percentage Held by Insiders

Only 5.88% of the stock of Sono-Tek is held by insiders.

Percentage Held by Institutions

47.89% of the stock of Sono-Tek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SOTK Stock Analysis - Frequently Asked Questions

How have SOTK shares performed this year?

Sono-Tek's stock was trading at $5.41 on January 1st, 2024. Since then, SOTK stock has decreased by 21.3% and is now trading at $4.26.
View the best growth stocks for 2024 here.

How were Sono-Tek's earnings last quarter?

Sono-Tek Co. (NASDAQ:SOTK) announced its quarterly earnings data on Tuesday, October, 15th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The industrial products company earned $5.16 million during the quarter, compared to analyst estimates of $5.23 million. Sono-Tek had a trailing twelve-month return on equity of 9.20% and a net margin of 7.36%.

How do I buy shares of Sono-Tek?

Shares of SOTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sono-Tek own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sono-Tek investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL), Meta Platforms (META) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 1/21/2025
• Fiscal Year End: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Special industry machinery, not elsewhere classified
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:SOTK
• CUSIP: N/A
• CIK: 806172
• Web: www.sono-tek.com
• Phone: (845) 795-2020
• Fax: 845-795-2720
• Employees: 80
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +134.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 47.34
• Forward P/E Ratio: 60.86
• P/E Growth: N/A
• Net Income: $1.44 million
• Net Margins: 7.36%
• Pretax Margin: 8.89%
• Return on Equity: 9.20%
• Return on Assets: 6.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.33
• Quick Ratio: 2.46

Sales & Book Value

• Annual Sales: $19.70 million
• Price / Sales: 3.41
• Cash Flow: $0.12 per share
• Price / Cash Flow: 34.69
• Book Value: $1.03 per share
• Price / Book: 4.14

Miscellaneous

• Outstanding Shares: 15,750,000
• Free Float: 14,825,000
• Market Cap: $67.10 million
• Optionable: Not Optionable
• Beta: -0.28