Mistras Group, Inc. (MG)

Mistras Group Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Mistras Group stock has a consensus rating of "Strong Buy" and an average price target of $21. The average 1-year stock price forecast is 21.53% higher than the current stock price, while the lowest is $20 (+15.74%) and the highest is $22 (+27.31%).

Price Target: $21 (+21.53%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$20	$21	$21	$22
Change	+15.74%	+21.53%	+21.53%	+27.31%

Analyst Ratings

According to 1 stock analyst, the rating for Mistras Group is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24	May '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Moore EF Hutton	EF Hutton	Strong Buy → Hold Downgrades $11	Strong Buy → Hold	Downgrades	$11	-36.34%	May 2, 2024
Tim Moore EF Hutton	EF Hutton	Strong Buy Initiates $11	Strong Buy	Initiates	$11	-36.34%	Aug 7, 2023
Andrew Obin B of A Securities	B of A Securities	Sell → Hold Upgrades $11 → $7.75	Sell → Hold	Upgrades	$11 → $7.75	-55.15%	Mar 17, 2022
Edward Marshall Sidoti & Co.	Sidoti & Co.	Strong Buy Maintains $21 → $15	Strong Buy	Maintains	$21 → $15	-13.19%	Mar 26, 2020
Andrew Obin B of A Securities	B of A Securities	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	May 11, 2018

More Analyst Ratings

Financial Forecast

Revenue This Year

767.75M

Increased by 6.04%

from 724.02M

Revenue Next Year

805.34M

Increased by 4.90%

from 767.75M

EPS This Year

1.04

Increased by 96.93%

from 0.53

EPS Next Year

1.20

Increased by 15.13%

from 1.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	677.13M	687.37M	705.47M	729.64M	724.02M	767.75M	805.34M
Revenue Growth	14.27%	1.51%	2.63%	3.43%	-0.77%	6.04%	4.90%
EPS	0.13	0.21	-0.58	0.60	0.53	1.04	1.20
EPS Growth	-	61.54%	-	-	-11.67%	96.93%	15.13%
Forward PE	-	-	-	-	-	16.56	14.38
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	785.9M	834.9M
Avg	767.8M	805.3M
Low	725.8M	754.1M

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.6%	8.7%
Avg	6.0%	4.9%
Low	0.2%	-1.8%

EPS Forecast

EPS	2026	2027	2028
High	1.10	1.28
Avg	1.04	1.20
Low	0.95	1.07

EPS Growth

EPS Growth	2026	2027	2028
High	108.0%	22.7%
Avg	96.9%	15.1%
Low	79.4%	2.3%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.