Sidoti Csr Estimates Mistras Group FY2024 Earnings

Mistras Group, Inc. (NYSE:MG) – Sidoti Csr issued their FY2024 EPS estimates for Mistras Group in a research note issued to investors on Monday, March 3rd. Sidoti Csr analyst J. Franzreb expects that the technology company will post earnings of $0.61 per share for the year. The consensus estimate for Mistras Group’s current full-year earnings is $0.71 per share. Sidoti Csr also issued estimates for Mistras Group’s Q4 2024 earnings at $0.13 EPS, Q1 2025 earnings at $0.16 EPS, Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.83 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.23 EPS and FY2026 earnings at $0.96 EPS.

Separately, StockNews.com cut Mistras Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th.

Mistras Group Price Performance

MG opened at $9.19 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. The company’s 50-day moving average price is $9.62 and its 200 day moving average price is $10.08. Mistras Group has a fifty-two week low of $7.45 and a fifty-two week high of $12.44. The firm has a market cap of $285.01 million, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 0.73 and a beta of 1.76.

Institutional Trading of Mistras Group

A number of large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in Mistras Group by 447.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,379 shares of the technology company’s stock valued at $49,000 after purchasing an additional 4,396 shares during the period. Heck Capital Advisors LLC bought a new position in Mistras Group in the 4th quarter worth approximately $50,000. Sherbrooke Park Advisers LLC acquired a new stake in Mistras Group in the 4th quarter valued at approximately $96,000. EntryPoint Capital LLC bought a new stake in Mistras Group during the 4th quarter valued at $102,000. Finally, Public Employees Retirement System of Ohio boosted its position in Mistras Group by 193.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 12,583 shares of the technology company’s stock worth $143,000 after acquiring an additional 8,298 shares during the period. Institutional investors and hedge funds own 74.92% of the company’s stock.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.