Mistras Group (MG) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, it builds monitoring systems, as well as provides inspection, maintenance, monitoring and data services; and Web-based solutions. Additionally, the company designs, manufactures, and sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures; and ultrasonic testing equipment. It serves oil and gas, aerospace and defense, fossil and nuclear power, power generation and transmission, civil infrastructure, manufacturing, industrial, public infrastructure, petrochemical, transportation, and other process industries, as well as infrastructure, research, and engineering industries. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.

Key Stats

• Today's Range: $9.17 to $9.32
• 50-Day Range: $8.40 to $12.31
• 52-Week Range: $6.30 to $12.44
• Volume: 86,826 shs
• Average Volume: 103,051 shs
• Market Capitalization: $287.77 million
• P/E Ratio: 26.51
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

Mistras Group Stock Analysis - MarketRank™

Mistras Group scored higher than 87% of companies evaluated by MarketBeat, and ranked 126th out of 647 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mistras Group.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 21.13%

Earnings Growth

Earnings for Mistras Group are expected to grow by 21.13% in the coming year, from $0.71 to $0.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mistras Group is 26.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mistras Group is 26.51, 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 249.93.

Price to Earnings Growth Ratio

Mistras Group has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Mistras Group has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.96% of the float of Mistras Group has been sold short.

Short Interest Ratio / Days to Cover

Mistras Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mistras Group has recently decreased by 14.42%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Mistras Group does not currently pay a dividend.

Dividend Growth

Mistras Group does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.96% of the float of Mistras Group has been sold short.

Short Interest Ratio / Days to Cover

Mistras Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mistras Group has recently decreased by 14.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Mistras Group has a news sentiment score of 0.46. 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 lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Mistras Group this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for MG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Mistras Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Mistras Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $478,923.00 in company stock.

Percentage Held by Insiders

12.30% of the stock of Mistras Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

74.92% of the stock of Mistras Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MG Stock Analysis - Frequently Asked Questions

How have MG shares performed this year?

Mistras Group's stock was trading at $7.32 at the beginning of 2024. Since then, MG shares have increased by 26.8% and is now trading at $9.28.
View the best growth stocks for 2024 here.

How were Mistras Group's earnings last quarter?

Mistras Group, Inc. (NYSE:MG) posted its quarterly earnings results on Wednesday, May, 1st. The technology company reported $0.07 EPS for the quarter. The technology company had revenue of $184.44 million for the quarter. Mistras Group had a net margin of 1.52% and a trailing twelve-month return on equity of 9.32%.

Who are Mistras Group's major shareholders?

Top institutional investors of Mistras Group include Mill Road Capital Management LLC (5.16%), Royce & Associates LP (4.25%), Geode Capital Management LLC (1.46%) and Foundry Partners LLC (1.22%). Insiders that own company stock include Michael J Lange, Nicholas Debenedictis, John Anthony Smith and Richard H Glanton.
View institutional ownership trends.

How do I buy shares of Mistras Group?

Shares of MG 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 Mistras Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mistras Group investors own include Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 5/01/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Engineering services
• Sub-Industry: Research & Consulting Services
• Current Symbol: NYSE:MG
• CUSIP: 60649T10
• CIK: 1436126
• Web: www.mistrasgroup.com
• Phone: (609) 716-4000
• Fax: 609-716-4145
• Employees: 4,800
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.35
• Trailing P/E Ratio: 26.51
• Forward P/E Ratio: 13.07
• P/E Growth: 0.81
• Net Income: $-17,450,000.00
• Net Margins: 1.52%
• Pretax Margin: 1.86%
• Return on Equity: 9.32%
• Return on Assets: 3.33%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 1.68
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: $705.47 million
• Price / Sales: 0.41
• Cash Flow: $1.36 per share
• Price / Cash Flow: 6.84
• Book Value: $6.63 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 31,010,000
• Free Float: 27,196,000
• Market Cap: $287.77 million
• Optionable: Optionable
• Beta: 1.75