Q1 EPS Estimate for Mistras Group Increased by Analyst

Mistras Group, Inc. (NYSE:MG - Free Report) - Analysts at Singular Research lifted their Q1 2025 earnings per share estimates for Mistras Group in a report issued on Monday, March 17th. Singular Research analyst C. Sakai now forecasts that the technology company will earn $0.15 per share for the quarter, up from their previous forecast of $0.08. The consensus estimate for Mistras Group's current full-year earnings is $0.71 per share.

Separately, StockNews.com lowered Mistras Group from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th.

Mistras Group Trading Up 5.7 %

Shares of NYSE MG traded up $0.57 during midday trading on Wednesday, reaching $10.58. 397,245 shares of the stock were exchanged, compared to its average volume of 113,436. Mistras Group has a 12 month low of $7.45 and a 12 month high of $12.44. The company has a market capitalization of $328.32 million, a price-to-earnings ratio of 30.23, a P/E/G ratio of 0.73 and a beta of 1.67. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.68 and a quick ratio of 1.55. The business has a 50-day simple moving average of $9.89 and a two-hundred day simple moving average of $9.94.

Insider Transactions at Mistras Group

In other Mistras Group news, Director Nicholas Debenedictis purchased 10,000 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were bought at an average price of $9.84 per share, with a total value of $98,400.00. Following the completion of the transaction, the director now directly owns 217,511 shares in the company, valued at $2,140,308.24. This trade represents a 4.82 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.30% of the stock is currently owned by insiders.

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Institutional Trading of Mistras Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its stake in shares of Mistras Group by 447.2% in 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 acquired a new stake in Mistras Group in the 4th quarter valued at $50,000. Sherbrooke Park Advisers LLC acquired a new stake in Mistras Group in the 4th quarter valued at $96,000. EntryPoint Capital LLC acquired a new stake in Mistras Group in the 4th quarter valued at $102,000. Finally, Voya Investment Management LLC acquired a new stake in Mistras Group in the 4th quarter valued at $124,000. Institutional investors and hedge funds own 74.92% of the company's stock.

About Mistras Group

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.