Mistras Group Q1 EPS Forecast Boosted by Singular Research

Mistras Group, Inc. (NYSE:MG) – Investment analysts at Singular Research lifted their Q1 2025 earnings estimates for shares of Mistras Group in a research note 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 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 note on Tuesday, February 11th.

Mistras Group Trading Down 0.5 %

NYSE MG opened at $10.02 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. The firm has a market cap of $310.94 million, a PE ratio of 28.63, a price-to-earnings-growth ratio of 0.73 and a beta of 1.67. The company has a 50 day moving average price of $9.85 and a 200 day moving average price of $9.96. Mistras Group has a 52 week low of $7.45 and a 52 week high of $12.44.

Insider Buying and Selling

In related news, Director Nicholas Debenedictis purchased 10,000 shares of the business’s stock in a transaction on Tuesday, March 18th. The shares were acquired at an average price of $9.84 per share, for a total transaction of $98,400.00. Following the purchase, the director now owns 217,511 shares of the company’s stock, valued at $2,140,308.24. This trade represents a 4.82 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 12.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Barclays PLC increased its stake in Mistras Group by 5.2% during the 4th quarter. Barclays PLC now owns 39,706 shares of the technology company’s stock valued at $359,000 after purchasing an additional 1,946 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Mistras Group by 3.3% during the 4th quarter. Bank of New York Mellon Corp now owns 63,851 shares of the technology company’s stock valued at $578,000 after purchasing an additional 2,033 shares in the last quarter. Geode Capital Management LLC increased its stake in Mistras Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 455,532 shares of the technology company’s stock valued at $4,128,000 after purchasing an additional 2,143 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Mistras Group by 19.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 14,983 shares of the technology company’s stock valued at $136,000 after purchasing an additional 2,400 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Mistras Group by 10.6% during the 4th quarter. BNP Paribas Financial Markets now owns 28,929 shares of the technology company’s stock valued at $262,000 after purchasing an additional 2,764 shares in the last quarter. 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.