Mistras Group (MG) Projected to Post Earnings on Wednesday

Mistras Group (NYSE:MG) is projected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect Mistras Group to post earnings of $0.16 per share and revenue of $180.70 million for the quarter.

Mistras Group Trading Up 1.2 %

NYSE MG opened at $9.33 on Wednesday. Mistras Group has a 1-year low of $7.45 and a 1-year 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 stock has a 50-day moving average of $9.76 and a 200-day moving average of $9.67. The firm has a market cap of $292.08 million, a PE ratio of 26.66, a price-to-earnings-growth ratio of 0.73 and a beta of 1.34.

Insiders Place Their Bets

In other news, Director Nicholas Debenedictis bought 10,000 shares of Mistras Group stock in a transaction on Tuesday, March 18th. The shares were purchased at an average price of $9.84 per share, for a total transaction of $98,400.00. Following the acquisition, the director now owns 217,511 shares of the company’s stock, valued at approximately $2,140,308.24. The trade was a 4.82 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 12.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Mistras Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th.

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.