Mistras Group (NYSE:MG – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.
Several other analysts have also recently weighed in on the stock. Weiss Ratings upgraded shares of Mistras Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. Zacks Research downgraded shares of Mistras Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Finally, Roth Capital began coverage on shares of Mistras Group in a report on Thursday, April 30th. They issued a “buy” rating and a $22.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.00.
Get Our Latest Stock Report on MG
Mistras Group Trading Up 0.4%
Mistras Group (NYSE:MG – Get Free Report) last issued 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 14.66% and a net margin of 3.65%.The firm had revenue of $193.13 million for the quarter, compared to analyst estimates of $189.66 million. On average, analysts forecast that Mistras Group will post 1.04 earnings per share for the current year.
Institutional Investors Weigh In On Mistras Group
Hedge funds have recently made changes to their positions in the company. Manatuck Hill Partners LLC bought a new position in Mistras Group in the second quarter worth $1,256,000. Legal & General Group Plc purchased a new position in Mistras Group during the second quarter valued at $30,000. Algert Global LLC boosted its holdings in shares of Mistras Group by 29.8% during the 2nd quarter. Algert Global LLC now owns 232,669 shares of the technology company’s stock valued at $4,065,000 after buying an additional 53,379 shares in the last quarter. Weber Capital Management LLC ADV bought a new stake in shares of Mistras Group during the 2nd quarter valued at $25,299,250,000. Finally, JB Capital Partners LP purchased a new stake in shares of Mistras Group in the 2nd quarter worth about $3,533,185,000. 74.92% of the stock is currently owned by institutional investors.
Key Stories Impacting Mistras Group
Here are the key news stories impacting Mistras Group this week:
- Positive Sentiment: Sidoti raised its Mistras estimates for FY2026 EPS to $1.07 from $1.04 and FY2027 EPS to $1.35 from $1.30. The firm also increased its Q4 2026 estimate to $0.33 from $0.27, Q2 2027 to $0.40 from $0.36, and Q4 2027 to $0.38 from $0.36. These revisions indicate improving expectations for the company’s medium-term profitability. MarketBeat analyst estimates
- Positive Sentiment: Zacks highlighted a consensus price target implying approximately 26% potential upside for MG. While Zacks cautioned that price targets alone are not reliable predictors, it said improving earnings-estimate revisions could support near-term upside. Wall Street analysts see upside in Mistras
- Neutral Sentiment: Zacks’ value-investing analysis compared Mistras with KLA and examined which stock appears more attractively valued. The article does not represent a new company announcement or a material change in MG’s fundamentals. MG versus KLAC value comparison
- Negative Sentiment: Sidoti lowered its Q3 2026 EPS forecast to $0.38 from $0.42 and trimmed its Q3 2027 estimate to $0.45 from $0.46. These isolated cuts modestly temper the otherwise positive outlook.
Mistras Group Company Profile
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.
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