M-tron Industries (NYSEAMERICAN:MPTI – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.35, FiscalAI reports. The business had revenue of $14.23 million during the quarter, compared to analysts’ expectations of $13.49 million. M-tron Industries had a return on equity of 21.02% and a net margin of 13.51%.
M-tron Industries Stock Up 7.5%
NYSEAMERICAN MPTI opened at $63.89 on Wednesday. M-tron Industries has a fifty-two week low of $36.38 and a fifty-two week high of $68.50. The business has a fifty day moving average of $63.85 and a 200-day moving average of $56.75. The stock has a market cap of $187.20 million, a price-to-earnings ratio of 26.08, a price-to-earnings-growth 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 report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Institutional Trading of M-tron Industries
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its holdings in shares of M-tron Industries by 2.7% during the fourth quarter. First Trust Advisors LP now owns 8,244 shares of the company’s stock worth $439,000 after purchasing an additional 216 shares during the last quarter. Barclays PLC lifted its position in M-tron Industries by 7.1% during the fourth quarter. Barclays PLC now owns 3,830 shares of the company’s stock worth $204,000 after buying an additional 254 shares during the period. Goldman Sachs Group Inc. lifted its position in M-tron Industries by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock worth $435,000 after buying an additional 689 shares during the period. Wells Fargo & Company MN boosted its stake in M-tron Industries by 43.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock worth $152,000 after buying an additional 869 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in M-tron Industries in the 3rd quarter worth about $63,000. Hedge funds and other institutional investors own 23.31% of the company’s stock.
About M-tron Industries
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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