Sono-Tek Corporation (SOTK)

NASDAQ: SOTK · Real-Time Price · USD
4.555
+0.065 (1.45%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.45%
Market Cap 71.75M
Revenue (ttm) 20.65M
Net Income (ttm) 1.52M
Shares Out 15.75M
EPS (ttm) 0.09
PE Ratio 50.61
Forward PE 45.55
Dividend n/a
Ex-Dividend Date n/a
Volume 4,355
Open 4.501
Previous Close 4.490
Day's Range 4.501 - 4.590
52-Week Range 3.500 - 6.120
Beta -0.28
Analysts Buy
Price Target 10.00 (+119.54%)
Earnings Date Jan 14, 2025

About SOTK

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company provides custom-engineered ultrasonic coating systems; and nozzles and generators. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and app... [Read more]

Sector Technology
IPO Date May 6, 1987
Employees 94
Stock Exchange NASDAQ
Ticker Symbol SOTK
Full Company Profile

Financial Performance

In 2023, Sono-Tek's revenue was $19.70 million, an increase of 30.82% compared to the previous year's $15.06 million. Earnings were $1.44 million, an increase of 126.68%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SOTK stock is "Buy" and the 12-month stock price forecast is $10.0.

Price Target
$10.0
(119.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sono-Tek to Present at the Virtual Investor Summit Microcap Event on November 21st

MILTON, NY / ACCESSWIRE / November 14, 2024 / Sono-Tek Corporation (Nasdaq:SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced its participation at the upcomin...

7 days ago - Accesswire

Sono-Tek Corporation (SOTK) Q2 2025 Earnings Call Transcript

Sono-Tek Corporation (NASDAQ:SOTK) Q2 2025 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Kirin Smith - PCG Advisory Chris Coccio - Chairman & CEO Steve Harshbarger - Pres...

5 weeks ago - Seeking Alpha

CORRECTING and REPLACING – Sono-Tek Reports 40% Increase in Sales and 525% Increase in Net Income for First Quarter Fiscal 2025

MILTON, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- In a release published earlier today under the same headline by Sono-Tek Corporation (Nasdaq: SOTK), please note that several corrections were made to t...

4 months ago - GlobeNewsWire

Sono-Tek Corporation (SOTK) Q4 2024 Earnings Call Transcript

Sono-Tek Corporation (NASDAQ:SOTK) Q4 2024 Results Conference Call May 23, 2024 9:30 AM ET Company Participants Kirin Smith - PCG Advisory Dr. Chris Coccio - Chairman, Chief Executive Officer Steve H...

6 months ago - Seeking Alpha

Sono-Tek to Present at the Fall Foliage MicroCap Rodeo Conference

Virtual Presentation on Wednesday, October 25, 2023 at 11:00am ET MILTON, NY / ACCESSWIRE / October 19, 2023 / Sono-Tek Corporation (NASDAQ:SOTK), the leading developer and manufacturer of ultrasonic ...

1 year ago - Accesswire

Sono-Tek Corporation (SOTK) Q2 2024 Earnings Call Transcript

Sono-Tek Corporation (NASDAQ:SOTK) Q2 2024 Earnings Conference Call October 12, 2023 10:00 AM ET Company Participants Dr. Chris Coccio - Chairman, Chief Executive Officer Steve Harshbarger - Presiden...

1 year ago - Seeking Alpha

Sono-Tek Reports 50% Increase in Q2 Fiscal 2024 Net Sales to Record $5.6 Million and Provides Sales Guidance for Fiscal Year 2024

- First Half Net Sales Grew 18% YOY, Backlog Hit Record $10.7 Million; Company Expects Minimum 25% Revenue Growth for Fiscal Year ending February 29, 2024-

1 year ago - GlobeNewsWire

Sono-Tek to Participate in the Northland Capital Markets Virtual Institutional Investor Conference on Tuesday, September 19, 2023

MILTON, NY, Sept. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it wil...

1 year ago - GlobeNewsWire

Sono-Tek Holds Annual Shareholders Meeting; Provides Revenue Guidance for Second Quarter Ending August 31, 2023 and Full Fiscal Year

- Revenue Growth of at least 25% Expected in Current FY 2024 as Supply Chain Issues Ease- - Dr. Christopher L. Coccio, Chairman and CEO, Announces Transition to Executive Chairman at Calendar Year End...

1 year ago - GlobeNewsWire

Sono-Tek Announces $2.19 Million Order from Specialty Clean Energy Customer, Second Part of Expected Multi-System Program

-3 System Order Expected to be Shipped in First Half of Fiscal 2025- -Largest Order Received to Date From Clean Energy Sector and in Company History- MILTON, NY, Aug. 03, 2023 (GLOBE NEWSWIRE) -- via ...

1 year ago - GlobeNewsWire

Sono-Tek Reports Record Backlog for First Quarter Fiscal 2024 and Provides Sales Guidance for Expected Growth in Second Quarter and Full Year of FY2024 as Supply Chain Issues Improve

MILTON, NY, July 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial res...

1 year ago - GlobeNewsWire

Sono-Tek Corporation (SOTK) Q4 2023 Earnings Call Transcript

Sono-Tek Corporation (NASDAQ:SOTK) Q4 2023 Earnings Conference Call May 25, 2023 10:00 AM ET Company Participants Stephanie Prince - PCG Advisory Christopher Coccio - Chairman and CEO Stephen Bagley ...

1 year ago - Seeking Alpha

Sono-Tek Announces Financial Results for Fiscal Year 2023; Positive Net Sales Growth Expected for Fiscal Year 2024

-Backlog at February 28, 2023 Increased 60% to $8.5M Year Over Year; First Year with Several $1+Million Orders – -Conference Call on Thursday, May 25, 2023 at 10:00am EST- MILTON, N.Y, May 25, 2023 (G...

1 year ago - GlobeNewsWire

Sono-Tek Corp Announces Participation in the LD Micro Invitational XIII

Milton, New York--(Newsfile Corp. - May 23, 2023) - Sono-Tek Corp (NASDAQ: SOTK) announced today that it will be presenting at the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel,...

1 year ago - Newsfile Corp

Sono-Tek Announces Year End FY 2023 Earnings Conference Call

Conference Call on Thursday, May 25, 2023 at 10:00am ET MILTON, NY, May 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of u...

1 year ago - GlobeNewsWire

Sono-Tek Corp: A Micro-Cap Company Ready To Surf The Semi And Alt Energy Wave

Sono-Tek's business lives in the world of ultrasonic coating systems. While this does not sound sexy, macro trends are firmly in the company's favor. The nanocoating's market, with the help of alterna...

1 year ago - Seeking Alpha

Sono-Tek Reports Third Quarter and Nine Month Fiscal 2023 Financial Results and Provides Fiscal 2023 and Fiscal 2024 Revenue Guidance

- Supply Chain Delays Impact Current Sales, Backlog up 14% from Start of Fiscal Year, Projects Double Digit Revenue Growth in FY2024 -

2 years ago - GlobeNewsWire

Sono-Tek Announces Second Order Exceeding $1.1 Million From Clean Energy Sector

Second Substantial Order in Clean Energy Sector is From Repeat Customer, & Both Orders Among Largest in Sono-Tek History

2 years ago - GlobeNewsWire

Sono-Tek Corporation (SOTK) Q2 2023 Earnings Call Transcript

Sono-Tek Corporation (NASDAQ:SOTK) Q2 2023 Earnings Conference Call October 18, 2022 10:00 AM ET Company Participants Stephanie Prince - PCG Advisory Christopher Coccio - Chairman and CEO Stephen Bag...

2 years ago - Seeking Alpha

Sono-Tek Reports Second Quarter and First Half Fiscal 2023 Financial Results and Provides Fiscal 2023 Sales Guidance

-Company Expects Stronger Q4 and FY 2023 ending February 2023-

2 years ago - GlobeNewsWire

Sono-Tek Announces First Half FY 2023 Earnings Conference Call

Conference Call on Tuesday, October 18, 2022 at 10:00 am ET

2 years ago - GlobeNewsWire

Sono-Tek Holds Annual Shareholders Meeting, Reviews Record Sales and Income in Fiscal Year 2022 and Discusses Potential Impact of Supply Chain Issues

MILTON, NY, Aug. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it held...

2 years ago - GlobeNewsWire

Sono-Tek Reports Increased Sales and Operating Income for First Quarter Fiscal 2023 and Provides Second Quarter and Fiscal 2023 Sales Guidance

Sales of $4.05M, up 11% and Gross Profit of $2.11M, up 16% Year-over-Year

2 years ago - GlobeNewsWire