M-tron Industries (NYSEAMERICAN:MPTI – Get Free Report) released its earnings results on Tuesday. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.35, FiscalAI reports. M-tron Industries had a return on equity of 21.02% and a net margin of 13.51%.The firm had revenue of $14.23 million for the quarter, compared to the consensus estimate of $13.49 million.
M-tron Industries Trading Up 7.5%
Shares of M-tron Industries stock opened at $63.89 on Wednesday. The business’s fifty day moving average price is $63.85 and its 200 day moving average price is $56.75. M-tron Industries has a twelve month low of $36.38 and a twelve month high of $68.50. The stock has a market capitalization of $187.20 million, a P/E ratio of 26.08, a PEG ratio of 0.97 and a beta of 0.81.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Institutional Investors Weigh In On M-tron Industries
Several large investors have recently made changes to their positions in MPTI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of M-tron Industries during the third quarter worth about $63,000. Los Angeles Capital Management LLC purchased a new position in M-tron Industries in the fourth quarter valued at about $89,000. Deutsche Bank AG boosted its holdings in M-tron Industries by 2,341.4% in the fourth quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock valued at $91,000 after purchasing an additional 1,639 shares during the last quarter. Wells Fargo & Company MN grew its stake in M-tron Industries by 43.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock valued at $152,000 after purchasing an additional 869 shares in the last quarter. Finally, Barclays PLC increased its holdings in M-tron Industries by 7.1% during the 4th quarter. Barclays PLC now owns 3,830 shares of the company’s stock worth $204,000 after purchasing an additional 254 shares during the last quarter. Institutional investors and hedge funds own 23.31% of the company’s stock.
M-tron Industries Company Profile
M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.
These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.
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