Sono-Tek (NASDAQ:SOTK - Get Free Report) announced its earnings results on Monday. The industrial products company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02, Zacks reports. Sono-Tek had a return on equity of 9.20% and a net margin of 7.36%. Sono-Tek updated its FY 2025 guidance to EPS.
Sono-Tek Stock Performance
SOTK stock traded down $0.15 during mid-day trading on Monday, reaching $3.77. The company had a trading volume of 8,828 shares, compared to its average volume of 22,047. The company has a market capitalization of $59.38 million, a price-to-earnings ratio of 41.89 and a beta of -0.20. The firm has a fifty day simple moving average of $4.43 and a 200 day simple moving average of $4.22. Sono-Tek has a fifty-two week low of $3.50 and a fifty-two week high of $6.12.
Analyst Upgrades and Downgrades
Separately, Northland Securities restated an "outperform" rating and set a $10.00 target price on shares of Sono-Tek in a report on Wednesday, October 16th.
View Our Latest Stock Analysis on Sono-Tek
Sono-Tek Company Profile
(
Get Free Report)
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.
See Also
Before you consider Sono-Tek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sono-Tek wasn't on the list.
While Sono-Tek currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
