Sono-Tek (NASDAQ:SOTK) Releases Earnings Results, Misses Expectations By $0.02 EPS

Sono-Tek (NASDAQ:SOTK – Get Free Report) posted its earnings results on Wednesday. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02), FiscalAI reports. Sono-Tek had a return on equity of 10.55% and a net margin of 9.62%. The company had revenue of $5.23 million for the quarter, compared to analyst estimates of $5.54 million.

Sono-Tek Price Performance

SOTK opened at $7.12 on Wednesday. The firm has a market capitalization of $111.93 million, a PE ratio of 54.77 and a beta of 0.07. The company’s 50-day moving average is $5.32 and its 200 day moving average is $5.08. Sono-Tek has a fifty-two week low of $3.40 and a fifty-two week high of $7.48.

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Insider Activity

In other news, CFO Stephen Bagley sold 8,346 shares of Sono-Tek stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $5.13, for a total transaction of $42,814.98. Following the sale, the chief financial officer directly owned 21,254 shares in the company, valued at $109,033.02. The trade was a 28.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 13,000 shares of company stock valued at $67,666 over the last three months. Corporate insiders own 5.57% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Weiss Ratings raised Sono-Tek from a “hold (c+)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded Sono-Tek to a “strong-buy” rating in a research note on Sunday, July 12th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

Check Out Our Latest Stock Report on SOTK

About Sono-Tek

(Get Free Report)

Sono-Tek Corporation develops and manufactures ultrasonic coating and precision liquid-deposition systems. Its technology uses high-frequency sound waves to atomize liquids into a controlled spray, enabling uniform application of coatings, adhesives, lubricants, and other materials while minimizing overspray and material waste.

The company’s products include ultrasonic spray nozzles, integrated coating systems, and customized solutions designed for automated manufacturing processes. Sono-Tek also provides application development, process optimization, installation, training, and technical support to help customers integrate its equipment into production lines.

Sono-Tek’s systems are used across a range of industries, including medical devices, electronics, semiconductor and advanced technology manufacturing, alternative energy, glass, textiles, and other industrial applications.

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