Mistras Group (MG) to Release Earnings on Wednesday

Mistras Group (NYSE:MG) is set to release its earnings data after the market closes on Wednesday, July 31st. Analysts expect Mistras Group to post earnings of $0.15 per share for the quarter.

Mistras Group (NYSE:MG) last issued its earnings results on Wednesday, May 1st. The technology company reported $0.07 EPS for the quarter. Mistras Group had a negative net margin of 1.59% and a positive return on equity of 6.28%. The business had revenue of $184.44 million for the quarter. 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 Stock Performance

Shares of MG stock opened at $9.98 on Friday. Mistras Group has a 52 week low of $4.96 and a 52 week high of $10.15. The company has a market cap of $309.05 million, a PE ratio of -26.26 and a beta of 1.71. The company has a current ratio of 1.63, a quick ratio of 1.50 and a debt-to-equity ratio of 1.07. The company’s fifty day simple moving average is $8.50 and its 200-day simple moving average is $8.61.

Analyst Ratings Changes

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

About Mistras Group

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.