Mistras Group Inc (NYSE:MG): Institutional Investor Sentiment Down to 1.03

September 8, 2018 - By Mary Kidd

Mistras Group, Inc. (NYSE:MG) Logo

Sentiment for Mistras Group Inc (NYSE:MG)

Mistras Group Inc (NYSE:MG) institutional sentiment decreased to 1.03 in Q1 2018. Its down -0.32, from 1.35 in 2017Q4. The ratio has dropped, as 33 investment managers opened new and increased stock positions, while 32 sold and reduced holdings in Mistras Group Inc. The investment managers in our partner’s database now hold: 15.99 million shares, down from 17.17 million shares in 2017Q4. Also, the number of investment managers holding Mistras Group Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 22 Increased: 26 New Position: 7.

Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company has market cap of $627.39 million. The firm operates through three divisions: Services; International; and Products and Systems. It has a 235.21 P/E ratio. It offers traditional non-destructive testing, and inspection and engineering services; and designs, makes, sells, installs, and services acoustic emission sensors, instruments, and turn-key systems used for monitoring and testing materials, pressure components, processes, and structures.

The stock decreased 1.51% or $0.34 during the last trading session, reaching $22.11. About 40,589 shares traded. Mistras Group, Inc. (NYSE:MG) has declined 8.46% since September 8, 2017 and is downtrending. It has underperformed by 21.03% the S&P500.

Analysts await Mistras Group, Inc. (NYSE:MG) to report earnings on November, 5. They expect $0.26 EPS, up 100.00 % or $0.13 from last year’s $0.13 per share. MG’s profit will be $7.38M for 21.26 P/E if the $0.26 EPS becomes a reality. After $0.21 actual EPS reported by Mistras Group, Inc. for the previous quarter, Wall Street now forecasts 23.81 % EPS growth.

Rutabaga Capital Management Llc Ma holds 3.73% of its portfolio in Mistras Group, Inc. for 837,380 shares. Bernzott Capital Advisors owns 845,875 shares or 2.08% of their US portfolio. Moreover, Broad Run Investment Management Llc has 0.97% invested in the company for 1.58 million shares. The Wisconsin-based National Investment Services Inc Wi has invested 0.66% in the stock. Forest Hill Capital Llc, a Arkansas-based fund reported 105,000 shares.

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $128,283 activity.

Mistras Group, Inc. (NYSE:MG) Ratings Coverage

Ratings analysis reveals 0 of Mistras Group Inc’s analysts are positive. Out of 2 Wall Street analysts rating Mistras Group Inc, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. MG was included in 2 notes of analysts from March 13, 2018. On Tuesday, March 13 the stock rating was maintained by Stephens with “Hold”. On Friday, May 11 the stock rating was downgraded by Bank of America to “Underperform”.

Another recent and important Mistras Group, Inc. (NYSE:MG) news was published by Streetinsider.com which published an article titled: “Alibaba’s Jack Ma to unveil succession plan next week, remain chairman” on September 08, 2018.

Mistras Group, Inc. (NYSE:MG) Institutional Positions Chart

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