Mistras Group, Inc. (MG)
NYSE: MG · IEX Real-Time Price · USD
8.87
-0.09 (-1.00%)
At close: Jul 19, 2024, 4:00 PM
11.16
+2.29 (25.76%)
After-hours: Jul 20, 2024, 1:30 PM EDT
Mistras Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Mistras Group stock has a target of 11, which predicts an increase of 24.01% from the current stock price of 8.87.
Analyst Consensus: Hold
* Price targets were last updated on May 2, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Mistras Group is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy → Hold Downgrades $11 | Strong Buy → Hold | Downgrades | $11 | +24.01% | May 2, 2024 |
| EF Hutton | EF Hutton | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +24.01% | Aug 7, 2023 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades $11 → $7.75 | Sell → Hold | Upgrades | $11 → $7.75 | -12.63% | Mar 17, 2022 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Mar 26, 2020 |
| Baird | Baird | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 2, 2017 |
Financial Forecast
Revenue This Year
769.71M
from 705.47M
Increased by 9.11%
Revenue Next Year
802.17M
from 769.71M
Increased by 4.22%
EPS This Year
0.70
from -0.58
EPS Next Year
0.91
from 0.70
Increased by 28.78%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 787.2M | 827.0M |
| Avg | 769.7M | 802.2M |
| Low | 728.1M | 746.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 11.6% | 7.4% |
| Avg | 9.1% | 4.2% |
| Low | 3.2% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.76 | 0.95 |
| Avg | 0.70 | 0.91 |
| Low | 0.65 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 34.3% |
| Avg | - | 28.8% |
| Low | - | 21.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.