Mistras Group (NYSE:MG) Shares Gap Up Following Earnings Beat

Posted by Francis Steltz on Aug 11th, 2026

Mistras Group Inc (NYSE:MG – Get Free Report) gapped up before the market opened on Tuesday after the company announced better than expected quarterly earnings. The stock had previously closed at $15.79, but opened at $17.24. Mistras Group shares last traded at $18.32, with a volume of 33,915 shares traded.

The technology company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. Mistras Group had a return on equity of 13.60% and a net margin of 3.06%.The company had revenue of $193.13 million for the quarter, compared to analysts’ expectations of $189.66 million.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MG. Wall Street Zen raised shares of Mistras Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Roth Capital assumed coverage on shares of Mistras Group in a research report on Thursday, April 30th. They set a “buy” rating and a $22.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Mistras Group in a report on Friday, July 17th. Finally, Zacks Research downgraded shares of Mistras Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $19.00.

Read Our Latest Stock Analysis on Mistras Group

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Torren Management LLC bought a new position in shares of Mistras Group during the 4th quarter valued at approximately $28,000. State of Wyoming bought a new stake in Mistras Group during the 2nd quarter worth approximately $71,000. BNP Paribas Financial Markets lifted its holdings in Mistras Group by 22.5% during the third 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 in the last quarter. Kemnay Advisory Services Inc. purchased a new position in Mistras Group during the fourth quarter valued at approximately $74,000. Finally, MetLife Investment Management LLC boosted its position in shares of Mistras Group by 17.8% in the fourth quarter. MetLife Investment Management LLC now owns 7,035 shares of the technology company’s stock worth $89,000 after purchasing an additional 1,065 shares during the period. Institutional investors own 74.92% of the company’s stock.

Mistras Group Trading Up 16.1%

The stock’s 50-day simple moving average is $16.96 and its two-hundred day simple moving average is $16.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.81 and a quick ratio of 1.67. The firm has a market capitalization of $583.10 million, a P/E ratio of 26.20, a price-to-earnings-growth ratio of 0.96 and a beta of 0.89.

About Mistras Group

(Get Free Report)

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.