Press coverage about Mistras Group (NYSE:MG) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mistras Group earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.5434656233683 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research analysts have recently commented on MG shares. Canaccord Genuity reissued a “hold” rating and issued a $22.00 price objective on shares of Mistras Group in a research note on Friday, December 22nd. Zacks Investment Research lowered shares of Mistras Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 30th. Finally, Stephens set a $24.00 price objective on shares of Mistras Group and gave the company a “hold” rating in a research note on Thursday, January 18th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $30.17.
Mistras Group stock traded down $0.48 during trading on Monday, reaching $18.46. The stock had a trading volume of 11,190 shares, compared to its average volume of 65,606. Mistras Group has a 52-week low of $17.00 and a 52-week high of $23.83. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $535.83, a P/E ratio of 43.09 and a beta of 1.12.
Mistras Group (NYSE:MG) last issued its quarterly earnings results on Monday, March 12th. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.08). Mistras Group had a positive return on equity of 4.97% and a negative net margin of 0.31%. The firm had revenue of $187.64 million during the quarter, compared to analysts’ expectations of $182.16 million. research analysts anticipate that Mistras Group will post 0.84 earnings per share for the current fiscal year.
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Mistras Group Company Profile
Mistras Group, Inc provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers traditional non-destructive testing, and inspection and engineering services; and designs, manufactures, sells, installs, and services acoustic emission (AE) sensors, instruments, and turn-key systems used for monitoring and testing materials, pressure components, processes, and structures.
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