Mistras Group (NYSE:MG) Issues Quarterly Earnings Results

Mistras Group (NYSE:MG) announced its earnings results on Tuesday. The technology company reported $0.08 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $169.03 million for the quarter, compared to the consensus estimate of $164.25 million. Mistras Group had a return on equity of 12.77% and a net margin of 2.33%.

Mistras Group Price Performance

Shares of MG stock traded down $1.23 during mid-day trading on Wednesday, hitting $17.69. 227,740 shares of the stock traded hands, compared to its average volume of 165,228. Mistras Group has a twelve month low of $7.06 and a twelve month high of $19.56. The firm has a market cap of $562.74 million, a price-to-earnings ratio of 33.25, a price-to-earnings-growth ratio of 1.14 and a beta of 0.92. The company’s 50-day simple moving average is $15.95 and its 200-day simple moving average is $13.81. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.63 and a current ratio of 1.74.

Hedge Funds Weigh In On Mistras Group

Hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of Mistras Group by 22.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,417 shares of the technology company’s stock valued at $73,000 after purchasing an additional 1,360 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Mistras Group in the 4th quarter worth $74,000. MetLife Investment Management LLC grew its holdings in shares of Mistras Group by 17.8% in the 4th quarter. MetLife Investment Management LLC now owns 7,035 shares of the technology company’s stock worth $89,000 after acquiring an additional 1,065 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Mistras Group by 18.2% in the 2nd quarter. Raymond James Financial Inc. now owns 14,173 shares of the technology company’s stock worth $114,000 after acquiring an additional 2,183 shares during the last quarter. Finally, Evergreen Capital Management LLC acquired a new position in shares of Mistras Group in the 2nd quarter worth $136,000. 74.92% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Mistras Group

Here are the key news stories impacting Mistras Group this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — Mistras reported $0.08 EPS (vs. Zacks breakeven) and revenue of $169.03M (above the $164.25M consensus); adjusted EBITDA rose ~18.7% and gross margin expanded 120 bps, signaling improving underlying profitability. Mistras (MG) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: GAAP net income and operational metrics improved — the company reported GAAP net income ($2.4M) and positive EPS on a GAAP basis, reinforcing the beat and showing operational leverage. MISTRAS Announces First Quarter 2026 Results
• Neutral Sentiment: Stock recently hit a 52?week high — momentum and valuation stories are drawing attention, but a fresh high can produce both new buyers and sellers/rotational flows. Mistras Group Inc (MG) Hit a 52 Week High
• Neutral Sentiment: Mixed small analyst estimate moves — Sidoti issued minor revisions (a small uplift for Q4 2026 but a slight reduction for a later quarter), indicating analyst views are adjusting but not materially changing consensus FY outlook (~$1.02 EPS). (Market commentary)
• Negative Sentiment: Guidance left some investors wanting more — FY revenue guidance was provided in a $730M–$750M range versus a $742.1M consensus; the range’s midpoint is roughly in-line but the lower bound is below consensus and EPS guidance was not clearly upbeat, which can temper enthusiasm after the beat. (See company release for details.) Press Release / 1Q26 Report

Wall Street Analyst Weigh In

MG has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mistras Group in a research note on Tuesday, April 21st. Wall Street Zen downgraded Mistras Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research raised Mistras Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. Finally, Roth Mkm initiated coverage on Mistras Group in a research report on Thursday, April 30th. They set a “buy” rating and a $22.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $19.00.

Mistras Group Company Profile

Mistras Group, Inc is a global provider of technology-enabled asset protection solutions and services, with a primary focus on nondestructive testing (NDT), inspection, and monitoring of critical infrastructure and industrial assets. The company’s offerings span a wide range of techniques—such as ultrasonic testing, eddy current detection, magnetic particle inspection, radiography and acoustic emission—to help clients in energy, petrochemical, aerospace, manufacturing and other sectors identify and address potential failures before they occur.

In addition to traditional NDT services, Mistras delivers engineered materials solutions, including composite repairs and specialty coatings, along with predictive maintenance and condition monitoring programs.