Mistras Group (NYSE:MG) Shares Gap Down – Time to Sell?

Mistras Group Inc (NYSE:MGGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $18.59, but opened at $17.99. Mistras Group shares last traded at $18.3250, with a volume of 7,664 shares trading hands.

Mistras Group News Roundup

Here are the key news stories impacting Mistras Group this week:

  • Positive Sentiment: Mistras reported quarterly earnings of $0.28 per share, above the $0.24 consensus estimate, while revenue of $193.1 million also exceeded expectations. The earnings beat appears to be the primary catalyst behind the stock’s strength. Mistras Group Shares Gap Up on Strong Earnings
  • Positive Sentiment: Sidoti raised its FY2026 EPS forecast to $1.07 from $1.04 and its FY2027 forecast to $1.35 from $1.30. It also increased estimates for Q4 2026 and Q2 2027, suggesting expectations for continued earnings momentum. Mistras Group analyst estimates
  • Positive Sentiment: A Zacks report noted that analysts’ consensus price target implies roughly 26% upside. Although price targets alone are not reliable predictors, the article highlighted an upward trend in earnings-estimate revisions, which can support near-term investor sentiment. Wall Street Analysts See an Upside in Mistras
  • Neutral Sentiment: Zacks published additional value-investing comparisons involving Mistras and KLA, but the reports do not identify a major new company-specific catalyst. MG vs. KLAC: Which Stock Should Value Investors Buy Now?
  • Negative Sentiment: Sidoti lowered its Q3 2026 EPS estimate to $0.38 from $0.42 and trimmed its Q3 2027 forecast to $0.45 from $0.46. These reductions partially offset the broader upward revisions but do not appear to alter the full-year outlook materially.

Analyst Ratings Changes

Several brokerages have recently commented on MG. Zacks Research downgraded Mistras Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Roth Capital assumed coverage on Mistras Group in a report on Thursday, April 30th. They set a “buy” rating and a $22.00 price target for the company. Weiss Ratings raised shares of Mistras Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Wall Street Zen upgraded shares of Mistras Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $19.00.

Check Out Our Latest Report on MG

Mistras Group Stock Up 5.2%

The company has a market cap of $584.83 million, a price-to-earnings ratio of 22.12, a P/E/G ratio of 1.03 and a beta of 0.89. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.81 and a quick ratio of 1.67. The firm has a 50-day moving average price of $16.96 and a 200 day moving average price of $16.34.

Mistras Group (NYSE:MGGet Free Report) last released its quarterly earnings results on Monday, August 10th. The technology company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04. The business had revenue of $193.13 million during the quarter, compared to the consensus estimate of $189.66 million. Mistras Group had a return on equity of 14.79% and a net margin of 3.65%. Sell-side analysts predict that Mistras Group Inc will post 1.06 EPS for the current year.

Institutional Trading of Mistras Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Algert Global LLC grew its position in shares of Mistras Group by 29.8% during the 2nd quarter. Algert Global LLC now owns 232,669 shares of the technology company’s stock worth $4,065,000 after purchasing an additional 53,379 shares in the last quarter. Weber Capital Management LLC ADV acquired a new stake in Mistras Group during the second quarter worth approximately $25,299,250,000. JB Capital Partners LP acquired a new stake in Mistras Group during the second quarter worth approximately $3,533,185,000. BlackRock Inc. bought a new position in Mistras Group during the 2nd quarter worth $20,373,000. Finally, Deutsche Bank AG bought a new position in Mistras Group during the 2nd quarter worth $6,804,000. Institutional investors and hedge funds own 74.92% of the company’s stock.

About Mistras Group

(Get Free Report)

Mistras Group, Inc is a global provider of technology-enabled asset protection solutions and services, with a primary focus on nondestructive testing (NDT), inspection, and monitoring of critical infrastructure and industrial assets. The company’s offerings span a wide range of techniques—such as ultrasonic testing, eddy current detection, magnetic particle inspection, radiography and acoustic emission—to help clients in energy, petrochemical, aerospace, manufacturing and other sectors identify and address potential failures before they occur.

In addition to traditional NDT services, Mistras delivers engineered materials solutions, including composite repairs and specialty coatings, along with predictive maintenance and condition monitoring programs.

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