Mistras Group (MG) Set to Announce Quarterly Earnings on Wednesday

Mistras Group (NYSE:MG) is scheduled to post its quarterly earnings results after the market closes on Wednesday, July 31st. Analysts expect Mistras Group to post earnings of $0.15 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Mistras Group (NYSE:MG) last issued its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $184.44 million during the quarter. Mistras Group had a positive return on equity of 6.28% and a negative net margin of 1.59%. On average, analysts expect Mistras Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mistras Group Trading Up 0.2 %

MG traded up $0.02 during trading on Tuesday, reaching $10.02. The company had a trading volume of 21,826 shares, compared to its average volume of 71,839. The company has a quick ratio of 1.50, a current ratio of 1.63 and a debt-to-equity ratio of 1.07. The business has a 50 day simple moving average of $8.53 and a 200-day simple moving average of $8.64. Mistras Group has a 52 week low of $4.96 and a 52 week high of $10.15. The stock has a market cap of $310.32 million, a P/E ratio of -26.32 and a beta of 1.71.

Analysts Set New Price Targets

Separately, Singular Research reiterated a “buy” rating on shares of Mistras Group in a research note on Tuesday, May 7th.

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.