Mistras Group Inc with ticker code (MG) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The range between the high target price and low target price is between 13 and 9.25 calculating the mean target price we have $10.75. Given that the stocks previous close was at $6.55 this now indicates there is a potential upside of 64.1%. There is a 50 day moving average of $5.52 and the 200 day moving average is $5.27. The company has a market capitalization of $198m. Company Website: https://www.mistrasgroup.com
The potential market cap would be $325m 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 31.33, revenue per share of 22.99 and a 2.15% return on assets.
