Mistras Group Inc which can be found using ticker (MG) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 13 and 9.25 and has a mean target at $10.75. Given that the stocks previous close was at $7.96 this would indicate that there is a potential upside of 35.1%. There is a 50 day moving average of $6.15 and the 200 day MA is $5.36. The company has a market capitalization of $234m. Visit the company website at: https://www.mistrasgroup.com
The potential market cap would be $316m based on the market consensus.
Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. It operates through three segments: Services, International, and Products and Systems. The company offers non-destructive testing services; predictive maintenance assessments of fixed and rotating assets; inline inspection for pipelines; and develops enterprise inspection database management software and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, the company offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, it designs and installs monitoring systems, as well as provides commissioning, training, reporting, technical support, and annual maintenance services; Web-based solutions; and custom-developed software. Additionally, the company designs, manufactures, and sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. It serves oil and gas, aerospace and defense, fossil and nuclear power, alternative and renewable energy, industrial, public infrastructure, petrochemical, transportation, and process industries, as well as research and engineering institutions. The company was founded in 1978 and is headquartered in Princeton Junction, New Jersey.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 36.9, revenue per share of 22.99 and a 2.15% return on assets.
