Investors may find better financial performance in Mistras Group Inc (MG)

Currently, Mistras Group Inc [MG] is trading at $11.37, up 1.97%. An important factor to consider is whether the stock is rising or falling in short-term value. The MG shares have gain 5.67% over the last week, with a monthly amount drifted -2.24%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Mistras Group Inc [NYSE: MG] stock has seen the most recent analyst activity on March 17, 2022, when BofA Securities upgraded its rating to a Neutral. On May 12, 2020, downgrade downgraded it’s rating to Hold. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $21 on October 31, 2019. Sidoti upgraded its rating to Buy for this stock on June 22, 2018. In a note dated October 02, 2017, Robert W. Baird downgraded an Neutral rating on this stock and boosted its target price from $21 to $22.

This stock has fluctuated between a low of $4.96 and a high of $12.27 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Mistras Group Inc [NYSE: MG] shares were valued at $11.37 at the most recent close of the market. An investor can expect a potential drop of -3.25% based on the average MG price forecast.

Analyzing the MG fundamentals

Trailing Twelve Months sales for Mistras Group Inc [NYSE:MG] were 735.64M which represents 7.81% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.22 points at the first support level, and at 11.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.46, and for the 2nd resistance point, it is at 11.54.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mistras Group Inc [NYSE:MG] is 1.69. On the other hand, the Quick Ratio is 1.56, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 1.82.

Transactions by insiders

Recent insider trading involved Lange Michael J., Senior EVP, that happened on Sep 25 ’24 when 6111.0 shares were sold. Senior EVP, Lange Michael J. completed a deal on Sep 24 ’24 to sell 18550.0 shares. Meanwhile, Senior EVP Lange Michael J. sold 12827.0 shares on Sep 23 ’24.

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