Sidoti Has Negative Forecast for Mistras Group Q3 Earnings

Mistras Group Inc (NYSE:MG) – Stock analysts at Sidoti dropped their Q3 2026 earnings per share (EPS) estimates for Mistras Group in a research note issued on Wednesday, August 12th. Sidoti analyst J. Franzreb now anticipates that the technology company will post earnings per share of $0.38 for the quarter, down from their prior forecast of $0.42. The consensus estimate for Mistras Group’s current full-year earnings is $1.05 per share. Sidoti also issued estimates for Mistras Group’s Q4 2026 earnings at $0.33 EPS, FY2026 earnings at $1.07 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.45 EPS, Q4 2027 earnings at $0.38 EPS and FY2027 earnings at $1.35 EPS.

Several other brokerages also recently issued reports on MG. Wall Street Zen upgraded Mistras Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Roth Capital started coverage on shares of Mistras Group in a research report on Thursday, April 30th. They issued a “buy” rating and a $22.00 price objective for the company. Weiss Ratings raised shares of Mistras Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Zacks Research downgraded shares of Mistras Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $19.00.

Mistras Group Stock Performance

NYSE:MG opened at $17.40 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.67 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $553.62 million, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 1.11 and a beta of 0.89. The firm has a 50-day moving average price of $16.96 and a two-hundred day moving average price of $16.31. Mistras Group has a twelve month low of $8.93 and a twelve month high of $19.64.

Mistras Group (NYSE:MG) last posted its quarterly earnings data on Monday, August 10th. The technology company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. Mistras Group had a return on equity of 14.79% and a net margin of 3.65%.The company had revenue of $193.13 million during the quarter, compared to analysts’ expectations of $189.66 million.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Ritholtz Wealth Management lifted its stake in Mistras Group by 285.7% during the fourth quarter. Ritholtz Wealth Management now owns 86,003 shares of the technology company’s stock worth $1,088,000 after purchasing an additional 63,703 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Mistras Group by 249.4% in the 1st quarter. Sei Investments Co. now owns 204,840 shares of the technology company’s stock valued at $3,028,000 after buying an additional 146,222 shares during the period. Royce & Associates LP grew its position in shares of Mistras Group by 5.8% during the 4th quarter. Royce & Associates LP now owns 1,421,087 shares of the technology company’s stock valued at $17,977,000 after buying an additional 78,340 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Mistras Group during the first quarter worth about $1,040,000. Finally, First Eagle Investment Management LLC acquired a new position in Mistras Group in the fourth quarter valued at approximately $977,000. Institutional investors own 74.92% of the company’s stock.

About Mistras Group

Mistras Group, Inc is a global provider of technology-enabled asset protection solutions and services, with a primary focus on nondestructive testing (NDT), inspection, and monitoring of critical infrastructure and industrial assets. The company’s offerings span a wide range of techniques—such as ultrasonic testing, eddy current detection, magnetic particle inspection, radiography and acoustic emission—to help clients in energy, petrochemical, aerospace, manufacturing and other sectors identify and address potential failures before they occur.

In addition to traditional NDT services, Mistras delivers engineered materials solutions, including composite repairs and specialty coatings, along with predictive maintenance and condition monitoring programs.