Mistras Group (MG) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

MG Stock Forecast

Mistras Group stock forecast is as follows: an average price target of $11.00 (represents a 23.87% upside from MG’s last price of $8.88) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

MG Price Target

The average price target for Mistras Group (MG) is $11.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 23.87% upside from MG's last price of $8.88.

MG Analyst Ratings

Buy

According to 2 Wall Street analysts, Mistras Group's rating consensus is 'Buy'. The analyst rating breakdown for MG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Mistras Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 02, 2024	Tim Moore	EF Hutton	$11.00	$9.16	20.02%	23.87%

The latest Mistras Group stock forecast, released on May 02, 2024 by Tim Moore from EF Hutton, set a price target of $11.00, which represents a 20.02% increase from the stock price at the time of the forecast ($9.16), and a 23.87% increase from MG last price ($8.88).

Mistras Group Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$11.00
Last Closing Price	$8.88	$8.88	$8.88
Upside/Downside	-100.00%	-100.00%	23.87%

In the current month, the average price target of Mistras Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mistras Group's last price of $8.88. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 02, 2024	EF Hutton		Hold	Downgrade
May 02, 2022	RBC Capital	Outperform	Outperform	Hold

Mistras Group's last stock rating was published by EF Hutton on May 02, 2024. The company Downgrade its MG rating from "null" to "Hold".

Mistras Group Financial Forecast

Mistras Group Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$182.07M	$179.35M	$176.03M	$168.02M	$168.22M	$178.46M	$179.03M	$161.66M	$171.16M	$174.56M	$177.68M	$153.74M	$160.78M	$147.89M	$124.44M	$159.47M	$178.99M	$192.19M
Avg Forecast	$180.21M	$180.49M	$180.76M	$181.03M	$179.94M	$188.85M	$194.41M	$186.23M	$172.43M	$185.92M	$185.80M	$175.66M	$174.16M	$182.74M	$189.54M	$170.61M	$169.36M	$187.48M	$183.16M	$159.58M	$162.01M	$170.11M	$165.14M	$151.99M	$145.88M	$149.25M	$125.87M	$149.16M	$175.68M	$195.43M
High Forecast	$182.41M	$182.69M	$182.96M	$183.24M	$182.14M	$191.16M	$196.79M	$190.44M	$179.29M	$187.01M	$188.07M	$176.02M	$176.88M	$182.74M	$191.85M	$172.69M	$171.42M	$187.48M	$183.16M	$159.58M	$162.01M	$170.11M	$165.14M	$151.99M	$145.88M	$149.25M	$125.87M	$149.16M	$175.68M	$195.43M
Low Forecast	$178.01M	$178.28M	$178.56M	$178.83M	$177.75M	$186.55M	$192.04M	$182.02M	$165.55M	$184.82M	$183.53M	$175.31M	$171.51M	$182.74M	$187.23M	$168.53M	$167.29M	$187.48M	$183.16M	$159.58M	$162.01M	$170.11M	$165.14M	$151.99M	$145.88M	$149.25M	$125.87M	$149.16M	$175.68M	$195.43M
# Analysts	1	1	1	1	1	1	1	2	2	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	10	10	10	10	9	9
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	0.98%	0.93%	0.98%	0.99%	0.95%	0.98%	1.01%	1.06%	1.03%	1.08%	1.01%	1.10%	0.99%	0.99%	1.07%	1.02%	0.98%

Mistras Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $175.66M, with a low forecast of $175.31M, and a high forecast of $176.02M. MG's average Quarter revenue forecast represents a -3.52% decrease compared to the company's last Quarter revenue of $182.07M (Dec 23).

Mistras Group EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	10	10	10	10	9	9
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$16.50M	$-2.05M	$6.30M	$2.77M	$8.42M	$11.74M	$17.56M	$-2.69M	$12.60M	$17.99M	$20.55M	$5.13M	$13.75M	$15.21M	$8.17M	$3.76M	$12.23M	$20.02M
Avg Forecast	$6.29M	$6.30M	$6.31M	$6.32M	$6.28M	$6.59M	$6.78M	$6.50M	$6.02M	$6.49M	$6.48M	$5.46M	$6.08M	$6.38M	$6.61M	$4.96M	$25.31M	$10.23M	$9.99M	$4.51M	$8.84M	$9.28M	$9.01M	$3.52M	$7.96M	$8.14M	$6.87M	$-74.97M	$9.58M	$10.66M
High Forecast	$6.36M	$6.37M	$6.38M	$6.39M	$6.35M	$6.67M	$6.87M	$6.64M	$6.26M	$6.52M	$6.56M	$6.55M	$6.17M	$6.38M	$6.69M	$5.95M	$30.37M	$10.23M	$9.99M	$5.41M	$8.84M	$9.28M	$9.01M	$4.23M	$7.96M	$8.14M	$6.87M	$-59.98M	$9.58M	$10.66M
Low Forecast	$6.21M	$6.22M	$6.23M	$6.24M	$6.20M	$6.51M	$6.70M	$6.35M	$5.78M	$6.45M	$6.40M	$4.36M	$5.98M	$6.38M	$6.53M	$3.97M	$20.24M	$10.23M	$9.99M	$3.61M	$8.84M	$9.28M	$9.01M	$2.82M	$7.96M	$8.14M	$6.87M	$-89.97M	$9.58M	$10.66M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.72%	-0.32%	0.95%	0.56%	0.33%	1.15%	1.76%	-0.60%	1.43%	1.94%	2.28%	1.46%	1.73%	1.87%	1.19%	-0.05%	1.28%	1.88%

2 analysts predict MG's average Quarter EBITDA for Mar 24 to be $5.46M, with a high of $6.55M and a low of $4.36M. This is -66.93% lower than Mistras Group's previous annual EBITDA (Dec 23) of $16.50M.

Mistras Group Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	10	10	10	10	9	9
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-2.51M	$-10.30M	$337.00K	$-4.98M	$2.84M	$4.37M	$4.64M	$-5.35M	$-90.00K	$3.38M	$5.94M	$-5.36M	$181.00K	$1.52M	$-2.67M	$-98.52M	$829.00K	$3.09M
Avg Forecast	$7.28M	$8.23M	$8.23M	$6.97M	$6.33M	$7.60M	$8.34M	$4.33M	$4.22M	$8.44M	$4.27M	$-7.14M	$4.43M	$5.30M	$6.65M	$-6.49M	$9.03M	$7.51M	$7.20M	$-5.90M	$1.94M	$5.51M	$3.50M	$-4.95M	$-563.27K	-	$-7.67M	$-72.59M	$1.10M	$6.88M
High Forecast	$7.40M	$8.36M	$8.36M	$7.08M	$6.43M	$7.72M	$8.47M	$5.77M	$5.33M	$8.57M	$4.34M	$-5.71M	$5.02M	$5.31M	$6.75M	$-5.19M	$10.83M	$7.51M	$7.20M	$-4.72M	$1.94M	$5.51M	$3.50M	$-3.96M	$-563.27K	-	$-7.67M	$-58.07M	$1.10M	$6.88M
Low Forecast	$7.17M	$8.10M	$8.10M	$6.85M	$6.23M	$7.48M	$8.20M	$2.88M	$2.89M	$8.31M	$4.21M	$-8.57M	$3.84M	$5.30M	$6.54M	$-7.79M	$7.22M	$7.51M	$7.20M	$-7.08M	$1.94M	$5.51M	$3.50M	$-5.94M	$-563.27K	-	$-7.67M	$-87.10M	$1.10M	$6.88M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.57%	-1.94%	0.05%	0.77%	0.31%	0.58%	0.65%	0.91%	-0.05%	0.61%	1.69%	1.08%	-0.32%	-	0.35%	1.36%	0.76%	0.45%

Mistras Group's average Quarter net income forecast for Sep 23 is $5.30M, with a range of $5.30M to $5.31M. MG's average Quarter net income forecast represents a 1473.61% increase compared to the company's last Quarter net income of $337.00K (Jun 23).

Mistras Group SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	10	10	10	10	9	9
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$42.91M	$39.54M	$41.48M	$42.82M	$42.30M	$41.59M	$40.68M	$42.04M	$42.76M	$39.22M	$39.72M	$39.64M	$40.66M	$37.11M	$37.61M	$41.56M	$42.97M	$42.28M
Avg Forecast	$43.55M	$43.61M	$43.68M	$43.75M	$43.48M	$45.64M	$46.98M	$45.00M	$41.67M	$44.93M	$44.90M	$55.95M	$42.08M	$44.16M	$45.80M	$50.86M	$45.02M	$45.23M	$44.19M	$46.24M	$39.09M	$41.04M	$39.84M	$36.59M	$35.20M	$36.01M	$30.37M	$33.55M	$42.39M	$47.15M
High Forecast	$44.08M	$44.14M	$44.21M	$44.28M	$44.01M	$46.19M	$47.55M	$46.02M	$43.32M	$45.19M	$45.44M	$67.14M	$42.74M	$44.16M	$46.36M	$61.04M	$54.02M	$45.23M	$44.19M	$55.49M	$39.09M	$41.04M	$39.84M	$43.91M	$35.20M	$36.01M	$30.37M	$40.26M	$42.39M	$47.15M
Low Forecast	$43.02M	$43.08M	$43.15M	$43.21M	$42.95M	$45.08M	$46.41M	$43.98M	$40.01M	$44.66M	$44.35M	$44.76M	$41.44M	$44.16M	$45.24M	$40.69M	$36.02M	$45.23M	$44.19M	$36.99M	$39.09M	$41.04M	$39.84M	$29.27M	$35.20M	$36.01M	$30.37M	$26.84M	$42.39M	$47.15M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.90%	0.91%	0.84%	0.94%	0.92%	0.92%	0.91%	1.09%	0.96%	1.00%	1.08%	1.16%	1.03%	1.24%	1.24%	1.01%	0.90%

Mistras Group's average Quarter SG&A projection for Mar 24 is $55.95M, based on 2 Wall Street analysts, with a range of $44.76M to $67.14M. The forecast indicates a 30.38% rise compared to MG last annual SG&A of $42.91M (Dec 23).

Mistras Group EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	10	10	10	10	9	9
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.08	$-0.34	$0.01	$-0.17	$0.09	$0.15	$0.15	$-0.18	$-0.00	$0.11	$0.20	$-0.18	$0.01	$0.05	$-0.09	$-3.40	$0.03	$0.11
Avg Forecast	$0.23	$0.26	$0.26	$0.22	$0.20	$0.24	$0.26	$0.14	$0.13	$0.27	$0.14	$0.04	$0.14	$0.17	$0.21	$-0.05	$0.06	$0.24	$0.23	$-0.09	$0.06	$0.18	$0.11	$-0.13	$-0.02	-	$-0.24	$-0.19	$0.04	$0.22
High Forecast	$0.23	$0.26	$0.26	$0.22	$0.20	$0.24	$0.27	$0.18	$0.17	$0.27	$0.14	$0.04	$0.16	$0.17	$0.21	$-0.05	$0.06	$0.24	$0.23	$-0.09	$0.06	$0.18	$0.11	$-0.13	$-0.02	-	$-0.24	$-0.19	$0.04	$0.22
Low Forecast	$0.23	$0.26	$0.26	$0.22	$0.20	$0.24	$0.26	$0.09	$0.09	$0.26	$0.13	$0.04	$0.12	$0.17	$0.21	$-0.05	$0.06	$0.24	$0.23	$-0.09	$0.06	$0.18	$0.11	$-0.13	$-0.02	-	$-0.24	$-0.19	$0.04	$0.22
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.59%	-2.03%	0.05%	3.40%	1.59%	0.63%	0.65%	1.93%	-0.05%	0.63%	1.79%	1.41%	-0.56%	-	0.37%	18.09%	0.86%	0.50%

According to 2 Wall Street analysts, Mistras Group's projected average Quarter EPS for Sep 23 is $0.17, with a low estimate of $0.17 and a high estimate of $0.17. This represents a 1409.01% increase compared to MG previous annual EPS of $0.01 (Jun 23).

Mistras Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MRC	MRC Global	$13.18	$16.00	21.40%	Buy
MG	Mistras Group	$9.08	$11.00	21.15%	Buy
VPG	Vishay Precision Group	$23.82	$27.00	13.35%

MG Forecast FAQ

Is Mistras Group a good buy?

Yes, according to 2 Wall Street analysts, Mistras Group (MG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of MG's total ratings.

What is MG's price target?

Mistras Group (MG) average price target is $11 with a range of $11 to $11, implying a 23.87% from its last price of $8.88. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Mistras Group stock go up soon?

According to Wall Street analysts' prediction for MG stock, the company can go up by 23.87% (from the last price of $8.88 to the average price target of $11), up by 23.87% based on the highest stock price target, and up by 23.87% based on the lowest stock price target.

Can Mistras Group stock reach $13?

MG's average twelve months analyst stock price target of $11 does not support the claim that Mistras Group can reach $13 in the near future.

What are Mistras Group's analysts' financial forecasts?

Mistras Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $749.44M (high $760.52M, low $738.36M), average EBITDA is $26.15M (high $26.53M, low $25.76M), average net income is $26.59M (high $28.39M, low $24.8M), average SG&A $181.1M (high $183.77M, low $178.42M), and average EPS is $0.84 (high $0.897, low $0.783). MG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $722.49M (high $731.3M, low $713.68M), average EBITDA is $25.21M (high $25.51M, low $24.9M), average net income is $30.71M (high $31.2M, low $30.22M), average SG&A $174.59M (high $176.71M, low $172.46M), and average EPS is $0.97 (high $0.985, low $0.955).

Did the MG's actual financial results beat the analysts' financial forecasts?

Based on Mistras Group's last annual report (Dec 2023), the company's revenue was $705.47M, which missed the average analysts forecast of $717.04M by -1.61%. Apple's EBITDA was $59.33M, beating the average prediction of $24.02M by 146.96%. The company's net income was $-17.453M, missing the average estimation of $9.89M by -276.39%. Apple's SG&A was $166.75M, missing the average forecast of $182.91M by -8.83%. Lastly, the company's EPS was $-0.58, missing the average prediction of $0.467 by -224.06%. In terms of the last quarterly report (Dec 2023), Mistras Group's revenue was $182.07M, beating the average analysts' forecast of $174.16M by 4.54%. The company's EBITDA was $16.5M, beating the average prediction of $6.08M by 171.54%. Mistras Group's net income was $-2.514M, missing the average estimation of $4.43M by -156.72%. The company's SG&A was $42.91M, beating the average forecast of $42.08M by 1.97%. Lastly, the company's EPS was $-0.0825, missing the average prediction of $0.14 by -158.93%