Mistras Group Inc (NYSE:MG) has received an average recommendation of “Hold” from the nine analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $34.71.
A number of brokerages recently commented on MG. Robert W. Baird downgraded Mistras Group from an “outperform” rating to a “neutral” rating and increased their price target for the company from $21.00 to $22.00 in a research report on Monday, October 2nd. Canaccord Genuity increased their price target on Mistras Group from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Tuesday, November 7th. Zacks Investment Research raised Mistras Group from a “sell” rating to a “hold” rating and set a $25.00 price target for the company in a research report on Saturday, November 11th. KeyCorp reaffirmed a “hold” rating on shares of Mistras Group in a research report on Friday, October 6th. Finally, BidaskClub downgraded Mistras Group from a “hold” rating to a “sell” rating in a research report on Friday, August 18th.
In other Mistras Group news, EVP Michael C. Keefe sold 4,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $22.80, for a total value of $91,200.00. Following the completion of the sale, the executive vice president now directly owns 38,761 shares of the company’s stock, valued at $883,750.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 44.70% of the company’s stock.
Mistras Group (MG) traded down $0.06 during mid-day trading on Thursday, hitting $22.25. The stock had a trading volume of 26,173 shares, compared to its average volume of 76,930. The company has a quick ratio of 2.08, a current ratio of 2.21 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $635.69, a price-to-earnings ratio of 40.13 and a beta of 1.18. Mistras Group has a 52 week low of $17.00 and a 52 week high of $26.46.
Mistras Group (NYSE:MG) last issued its quarterly earnings results on Monday, November 6th. The technology company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.02). The business had revenue of $179.57 million for the quarter, compared to analysts’ expectations of $172.28 million. Mistras Group had a net margin of 0.68% and a return on equity of 6.16%. research analysts expect that Mistras Group will post 0.46 EPS for the current year.
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Mistras Group Company Profile
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