Mistras Group Q1 EPS Forecast Increased by Singular Research

Mistras Group, Inc. (NYSE:MG) – Equities research analysts at Singular Research upped their Q1 2025 earnings per share estimates for Mistras Group in a note issued to investors 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 estimate of $0.08. The consensus estimate for Mistras Group’s current full-year earnings is $0.71 per share.

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

Mistras Group Trading Down 0.1 %

Shares of Mistras Group stock opened at $9.87 on Wednesday. The stock has a market cap of $306.35 million, a P/E ratio of 28.21, a P/E/G ratio of 0.73 and a beta of 1.67. The company has a quick ratio of 1.55, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. Mistras Group has a 12-month low of $7.45 and a 12-month high of $12.44. The business’s 50 day moving average is $9.81 and its 200-day moving average is $9.96.

Hedge Funds Weigh In On Mistras Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its position in shares of Mistras Group by 447.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,379 shares of the technology company’s stock valued at $49,000 after buying an additional 4,396 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Mistras Group during the 4th quarter valued at $50,000. Sherbrooke Park Advisers LLC bought a new position in Mistras Group during the fourth quarter worth $96,000. EntryPoint Capital LLC acquired a new position in shares of Mistras Group in the fourth quarter valued at $102,000. Finally, Voya Investment Management LLC bought a new position in shares of Mistras Group in the fourth quarter valued at about $124,000. Institutional investors 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.