How have SOTK shares performed in 2024?

Sono-Tek's stock was trading at $5.41 on January 1st, 2024. Since then, SOTK shares have decreased by 25.0% and is now trading at $4.06. View the best growth stocks for 2024 here .

Are investors shorting Sono-Tek?

Sono-Tek saw a decline in short interest in March. As of March 31st, there was short interest totaling 7,900 shares, a decline of 24.0% from the March 15th total of 10,400 shares. Based on an average trading volume of 13,200 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short. View Sono-Tek's Short Interest .

When is Sono-Tek's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our SOTK earnings forecast .

How were Sono-Tek's earnings last quarter?

Sono-Tek Co. (NASDAQ:SOTK) announced its earnings results on Wednesday, January, 12th. The industrial products company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. The industrial products company had revenue of $4.42 million for the quarter. Sono-Tek had a net margin of 7.25% and a trailing twelve-month return on equity of 8.87%.

What guidance has Sono-Tek issued on next quarter's earnings?

Sono-Tek updated its FY 2024 earnings guidance on Monday, April, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $19.7 million-$19.7 million, compared to the consensus revenue estimate of $19.6 million.

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 .

NASDAQ:SOTK

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

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$4.06

-0.04 (-0.98%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.06
▼
$4.24
50-Day Range: $4.06
▼
$5.68
52-Week Range: $3.87
▼
$6.12

Volume: 14,650 shs
Average Volume: 12,378 shs
Market Capitalization: $63.92 million

P/E Ratio: 58.00
Dividend Yield: N/A
Price Target: N/A

Get Sono-Tek alerts:

Sono-Tek MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.13
Based on 3 Articles This Week
Insider Trading: Selling Shares
$148,001 Sold Last Quarter
Proj. Earnings Growth: -12.50%
From $0.08 to $0.07 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.96 out of 5 stars

Computer And Technology Sector

430th out of 585 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

8th out of 13 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Sono-Tek.

5.0

Short Interest

Percentage of Shares Shorted
0.06% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sono-Tek has recently decreased by 24.04%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Sono-Tek does not currently pay a dividend.
Dividend Growth
Sono-Tek does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SOTK.

3.4

News and Social Media Coverage

News Sentiment
Sono-Tek has a news sentiment score of 1.13. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Sono-Tek this week, compared to 1 article on an average week.
Search Interest
3 people have searched for SOTK on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

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 $148,001.00 in company stock.
Percentage Held by Insiders
Only 6.65% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Sono-Tek are expected to decrease by -12.50% in the coming year, from $0.08 to $0.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sono-Tek is 58.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sono-Tek is 58.00, 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 249.40.
Price to Book Value per Share Ratio
Sono-Tek has a P/B Ratio of 4.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Sono-Tek Stock (NASDAQ:SOTK)

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.

SOTK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SOTK Stock News Headlines

April 15, 2024 | americanbankingnews.com

Short Interest in Sono-Tek Co. (NASDAQ:SOTK) Drops By 24.0%

April 14, 2024 | investorplace.com

3 Tech Stocks to Turn $10,000 Into $1 Million: April 2024

April 19, 2024 | Banyan Hill Publishing (Ad)

The Best AI Stock to Own in the World Today is Trading for Just $25

April 9, 2024 | americanbankingnews.com

Sono-Tek (NASDAQ:SOTK) Stock Price Passes Below 200 Day Moving Average of $5.23

April 8, 2024 | globenewswire.com

Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025

April 3, 2024 | globenewswire.com

Sono-Tek Welcomes Dr. Adeniyi Lawal to Board of Directors

March 29, 2024 | thestreet.com

Sono-Tek Corporation

March 27, 2024 | finance.yahoo.com

Sono-Tek to Present at The LD Micro Invitational XIV

April 19, 2024 | Banyan Hill Publishing (Ad)

The Best AI Stock to Own in the World Today is Trading for Just $25

March 27, 2024 | globenewswire.com

Sono-Tek to Present at The LD Micro Invitational XIV

March 14, 2024 | finance.yahoo.com

Declining Stock and Decent Financials: Is The Market Wrong About Sono-Tek Corporation (NASDAQ:SOTK)?

February 15, 2024 | finance.yahoo.com

Sono-Tek Corporation (SOTK) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

February 15, 2024 | finance.yahoo.com

Sono-Tek (NASDAQ:SOTK) Might Have The Makings Of A Multi-Bagger

February 8, 2024 | msn.com

Here is Why Growth Investors Should Buy Sono-Tek Corporation (SOTK) Now

February 5, 2024 | finance.yahoo.com

Sono-Tek Announces Appointment of Randy A. Copeman to Chief Technologist

January 23, 2024 | finance.yahoo.com

Looking for a Growth Stock? 3 Reasons Why Sono-Tek Corporation (SOTK) is a Solid Choice

January 19, 2024 | finance.yahoo.com

Earnings Beat: Sono-Tek Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

January 17, 2024 | finance.yahoo.com

Sono-Tek Third Quarter 2024 Earnings: Beats Expectations

January 16, 2024 | investorplace.com

SOTK Stock Earnings: Sono-Tek Beats EPS, Beats Revenue for Q3 2024

January 16, 2024 | msn.com

Sono-Tek reports 59% increase in Q3 fiscal 2024 net sales to $5.7 million

January 16, 2024 | benzinga.com

Sono-Tek: Q3 Earnings Insights

January 16, 2024 | finance.yahoo.com

Sono-Tek Reports 59% Increase in Q3 Fiscal 2024 Net Sales to Record $5.7 Million and Provides Sales Guidance for Fiscal Year 2024

January 2, 2024 | finance.yahoo.com

Sono-Tek Completes Senior Management Transition

December 14, 2023 | finance.yahoo.com

Sono-Tek Announces Preliminary Record Revenue with Continued Strong Backlog for Q3 FY2024 and Increases Revenue Guidance for Fiscal Year 2024

November 2, 2023 | finance.yahoo.com

Unpleasant Surprises Could Be In Store For Sono-Tek Corporation's (NASDAQ:SOTK) Shares

October 19, 2023 | finance.yahoo.com

Sono-Tek to Present at the Fall Foliage MicroCap Rodeo Conference

October 16, 2023 | finance.yahoo.com

Sono-Tek Corporation (NASDAQ:SOTK) Q2 2024 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 1/12/2022
Today: 4/19/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 2/28/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Special industry machinery, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:SOTK
CUSIP: N/A
CIK: 806172
Web: www.sono-tek.com
Phone: (845) 795-2020
Fax: 845-795-2720
Employees: 73
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 58.00
Forward P/E Ratio: 50.75
P/E Growth: N/A
Net Income: $640,000.00
Net Margins: 7.25%
Pretax Margin: 9.19%
Return on Equity: 8.87%
Return on Assets: 6.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.82
Quick Ratio: 2.18

Sales & Book Value

Annual Sales: $18.59 million
Price / Sales: 3.44
Cash Flow: $0.07 per share
Price / Cash Flow: 58.33
Book Value: $0.93 per share
Price / Book: 4.37

Miscellaneous

Outstanding Shares: 15,745,000
Free Float: 14,698,000
Market Cap: $63.92 million
Optionable: Not Optionable
Beta: -0.26

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Key Executives

Dr. Christopher L. Coccio Ph.D. (Age 83)
Executive Chairman
Comp: $218.77k
Mr. R. Stephen Harshbarger (Age 56)
President, CEO & Director
Comp: $280.37k
Mr. Stephen J. Bagley CPA (Age 61)
CPA, Chief Financial Officer
Comp: $199.1k
Mr. Randy A. Copeman
Chief Technology Officer
Mr. Chris Cichetti (Age 42)
Vice President of Sales & Applications Engineering
Mr. Robb William Engle (Age 53)
Executive Vice President of Engineering
Ms. Claudine Y. Corda
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SOTK Stock Analysis - Frequently Asked Questions

How have SOTK shares performed in 2024?: Sono-Tek's stock was trading at $5.41 on January 1st, 2024. Since then, SOTK shares have decreased by 25.0% and is now trading at $4.06.
View the best growth stocks for 2024 here.
Are investors shorting Sono-Tek?: Sono-Tek saw a decline in short interest in March. As of March 31st, there was short interest totaling 7,900 shares, a decline of 24.0% from the March 15th total of 10,400 shares. Based on an average trading volume of 13,200 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.
View Sono-Tek's Short Interest.
When is Sono-Tek's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our SOTK earnings forecast.
How were Sono-Tek's earnings last quarter?: Sono-Tek Co. (NASDAQ:SOTK) announced its earnings results on Wednesday, January, 12th. The industrial products company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. The industrial products company had revenue of $4.42 million for the quarter. Sono-Tek had a net margin of 7.25% and a trailing twelve-month return on equity of 8.87%.

What guidance has Sono-Tek issued on next quarter's earnings?: Sono-Tek updated its FY 2024 earnings guidance on Monday, April, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $19.7 million-$19.7 million, compared to the consensus revenue estimate of $19.6 million.
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.

This page (NASDAQ:SOTK) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Sono-Tek MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Sono-Tek Stock (NASDAQ:SOTK)

SOTK Stock Price History

SOTK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SOTK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™