Sono-Tek (NASDAQ:SOTK – Get Free Report) released its earnings results on Monday. The industrial products company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02, Zacks reports. Sono-Tek had a return on equity of 9.20% and a net margin of 7.36%. Sono-Tek updated its FY 2025 guidance to EPS.
Sono-Tek Stock Up 4.8 %
NASDAQ:SOTK opened at $3.95 on Wednesday. The company has a market capitalization of $62.22 million, a PE ratio of 43.89 and a beta of -0.20. Sono-Tek has a 52-week low of $3.50 and a 52-week high of $6.12. The stock has a fifty day simple moving average of $4.42 and a 200-day simple moving average of $4.22.
Analysts Set New Price Targets
Separately, Northland Securities reissued an “outperform” rating and set a $7.50 price objective (down previously from $10.00) on shares of Sono-Tek in a report on Tuesday.
About Sono-Tek
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment.
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