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NYSE:MG

Mistras Group (MG) Stock Price, News & Analysis

Mistras Group logo
$9.37 +0.29 (+3.19%)
(As of 01:39 PM ET)

About Mistras Group Stock (NYSE:MG)

Key Stats

Today's Range
$9.06
$9.40
50-Day Range
$8.40
$12.31
52-Week Range
$6.76
$12.44
Volume
61,822 shs
Average Volume
102,683 shs
Market Capitalization
$290.56 million
P/E Ratio
26.77
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Buy

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.

Mistras Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
83rd Percentile Overall Score

MG MarketRank™: 

Mistras Group scored higher than 83% of companies evaluated by MarketBeat, and ranked 175th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 26.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mistras Group is 26.29, 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 276.44.

  • 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 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.86% 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 15.01%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Mistras Group does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    0.86% 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 15.01%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Mistras Group this week, compared to 2 articles on an average week.
  • Search Interest

    5 people have searched for MG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • 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.

  • Read more about Mistras Group's insider trading history.
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MG Stock News Headlines

Mistras Group Announces New COO and Leadership Changes
Mistras appoints Hani Hammad as COO
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Mistras appoints Natalia Shuman as CEO
See More Headlines

MG Stock Analysis - Frequently Asked Questions

Mistras Group's stock was trading at $7.32 on January 1st, 2024. Since then, MG stock has increased by 25.7% and is now trading at $9.20.
View the best growth stocks for 2024 here
.

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

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
.

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.

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
12/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering services
Sub-Industry
Research & Consulting Services
CUSIP
60649T10
Employees
4,800
Year Founded
N/A

Profitability

Net Income
$-17,450,000.00
Pretax Margin
1.86%

Debt

Sales & Book Value

Annual Sales
$738.98 million
Cash Flow
$1.32 per share
Book Value
$6.27 per share

Miscellaneous

Free Float
27,196,000
Market Cap
$281.57 million
Optionable
Optionable
Beta
1.78

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This page (NYSE:MG) was last updated on 12/18/2024 by MarketBeat.com Staff
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