Mistras Group Q1 EPS Forecast Boosted by Singular Research

Mistras Group, Inc. (NYSE:MG) – Singular Research boosted their Q1 2025 earnings estimates for shares of Mistras Group in a research note issued to investors on Monday, March 17th. Singular Research analyst C. Sakai now forecasts that the technology company will post earnings of $0.15 per share for the quarter, up from their prior forecast of $0.08. The consensus estimate for Mistras Group’s current full-year earnings is $0.71 per share.

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

Mistras Group Price Performance

MG stock opened at $10.02 on Wednesday. Mistras Group has a 12 month low of $7.45 and a 12 month high of $12.44. The company has a current ratio of 1.68, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average price of $9.85 and a 200 day moving average price of $9.96. The stock has a market cap of $310.94 million, a PE ratio of 28.63, a P/E/G ratio of 0.73 and a beta of 1.67.

Institutional Investors Weigh In On Mistras Group

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC boosted its position in 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 buying an additional 4,396 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Mistras Group in the 4th quarter worth approximately $50,000. Sherbrooke Park Advisers LLC purchased a new stake in shares of Mistras Group in the 4th quarter worth approximately $96,000. EntryPoint Capital LLC purchased a new stake in shares of Mistras Group in the 4th quarter worth approximately $102,000. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Mistras Group by 193.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 12,583 shares of the technology company’s stock worth $143,000 after purchasing an additional 8,298 shares during the period. 74.92% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Nicholas Debenedictis acquired 10,000 shares of the stock in a transaction on Tuesday, March 18th. The stock was bought at an average cost of $9.84 per share, with a total value of $98,400.00. Following the transaction, the director now directly owns 217,511 shares in the company, valued at approximately $2,140,308.24. This represents a 4.82 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 12.30% of the stock is owned by corporate insiders.

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.