Mistras Group Inc (NYSE: MG) suffers from significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected Mistras Group Inc (NYSE: MG): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, MG is expected to be an important Value Builder.
Mistras Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Mistras Group has a neutral Appreciation Score of 42 but a very high Power Rating of 88, producing the Positive Value Trend Rating.
Recent Price Action
Mistras Group Inc (NYSE: MG) stock declined by -2.9% on 6/18/24. The shares closed at $7.80. Moreover, this decline was accompanied by exceptionally high trading volume at 204% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.8% during the last week.
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