2-May-2024
Mistras Non-GAAP EPS of $0.07 in-line, revenue of $184.4M beats by $9.23M
Seeking Alpha News (Wed, 1-May 5:00 PM ET)
MISTRAS Announces First Quarter 2024 Results
Globe Newswire (Wed, 1-May 4:01 PM ET)
MISTRAS Group Announces Conference Call to Discuss First Quarter Results on May 2, 2024
Globe Newswire (Fri, 26-Apr 12:45 PM ET)
Serve Robotics Enters Production Agreement with Magna to Scale Robot Manufacturing
PRNewswire (Wed, 24-Apr 8:00 AM ET)
MISTRAS Group Appoints New Chief Transformation Officer to Advance Business Transformation
Globe Newswire (Mon, 25-Mar 8:00 AM ET)
MISTRAS Group to Participate in Sidoti Virtual Investor Conference on March 13-14, 2024
Globe Newswire (Mon, 11-Mar 9:05 PM ET)
MISTRAS Announces Fourth Quarter and Full Year 2023 Results
Globe Newswire (Wed, 6-Mar 4:01 PM ET)
Globe Newswire (Thu, 29-Feb 11:09 AM ET)
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International and Products and Systems, of which key revenue is derived from the North America segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.
Mistras Group trades on the NYSE stock market under the symbol MG.
As of May 2, 2024, MG stock price climbed to $9.24 with 109,144 million shares trading.
MG has a beta of 1.15, meaning it tends to be more sensitive to market movements. MG has a correlation of 0.11 to the broad based SPY ETF.
MG has a market cap of $283.07 million. This is considered a Small Cap stock.
Last quarter Mistras Group reported $184 million in Revenue and $.07 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.03.
In the last 3 years, MG stock traded as high as $12.19 and as low as $3.38.
The top ETF exchange traded funds that MG belongs to (by Net Assets): VTI, IWM, VXF, IWN, BSVO.
MG stock has underperformed the market in the last year with a return of +15.1%, while SPY returned +24.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MG shares. However, MG has outperformed the market in the last 3 month and 2 week periods, returning +18.3% and +3.4%, while SPY returned +2.5% and +1.1%, respectively. This indicates MG has been having a stronger performance recently.
MG support price is $8.82 and resistance is $9.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MG stock will trade within this expected range on the day.