Mistras Group Inc (NYSE:MG) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Mistras Group (NYSE:MG) last posted its quarterly earnings results on Tuesday, August 8th. The technology company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). The business had revenue of $170.44 million for the quarter, compared to analyst estimates of $170.16 million. Mistras Group had a return on equity of 7.04% and a net margin of 2.69%. On average, analysts expect Mistras Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mistras Group Inc (MG) opened at $21.14 on Friday. The stock has a market capitalization of $598.92 million, a price-to-earnings ratio of 32.62 and a beta of 1.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.20 and a current ratio of 2.34.

A number of equities research analysts have weighed in on MG shares. KeyCorp reiterated a “hold” rating on shares of Mistras Group in a research note on Friday, October 6th. Canaccord Genuity decreased their target price on shares of Mistras Group from $22.00 to $20.00 and set a “hold” rating for the company in a research note on Thursday, August 10th. Robert W. Baird cut their price objective on shares of Mistras Group from $24.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Mistras Group from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) downgraded shares of Mistras Group from a “neutral” rating to a “sell” rating and cut their price objective for the company from $45.00 to $41.00 in a research report on Monday, October 16th. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $36.00.

In other news, Chairman Sotirios J. Vahaviolos sold 90,490 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $21.25, for a total transaction of $1,922,912.50. Following the completion of the sale, the chairman now owns 10,561,142 shares of the company’s stock, valued at approximately $224,424,267.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Jonathan H. Wolk acquired 2,500 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were acquired at an average cost of $17.41 per share, with a total value of $43,525.00. Following the transaction, the chief operating officer now owns 83,589 shares in the company, valued at $1,455,284.49. The disclosure for this purchase can be found here. Insiders own 44.70% of the company’s stock.

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Mistras Group Company Profile

Earnings History for Mistras Group (NYSE:MG)

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