Mistras Group (MG) Stock Forecast, Price Target & Predictions
MG Stock Forecast
Mistras Group stock forecast is as follows: an average price target of $11.00 (represents a 2.14% upside from MG’s last price of $10.77) 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 2.14% upside from MG's last price of $10.77.
MG Analyst Ratings
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% | 2.14% |
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 2.14% increase from MG last price ($10.77).
Mistras Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $11.00 |
| Last Closing Price | $10.77 | $10.77 | $10.77 |
| Upside/Downside | -100.00% | -100.00% | 2.14% |
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 $10.77. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $182.07M | $179.35M | $176.03M | $168.02M | $168.22M | $178.46M | - | $161.66M | $171.16M | $174.56M | $177.68M | $153.74M | $160.78M | $147.89M | $124.44M | $159.47M | $178.99M | $192.19M | $200.62M | $176.79M | $182.17M | $191.79M |
| Avg Forecast | $195.70M | $198.30M | $199.60M | $191.80M | $186.55M | $188.10M | $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 | $196.36M | $186.06M | $303.62M | $155.26M |
| High Forecast | $196.54M | $199.15M | $200.46M | $192.62M | $187.35M | $188.91M | $186.60M | $176.42M | $176.88M | $183.52M | $190.35M | $171.34M | $170.08M | $188.28M | $183.16M | $161.42M | $163.88M | $172.07M | $167.04M | $153.74M | $147.55M | $150.96M | $127.32M | $150.87M | $177.70M | $197.67M | $198.61M | $188.20M | $364.34M | $186.31M |
| Low Forecast | $194.86M | $197.45M | $198.74M | $190.98M | $185.75M | $187.29M | $185.00M | $174.91M | $171.51M | $181.95M | $188.73M | $169.88M | $168.63M | $186.67M | $183.16M | $156.81M | $159.20M | $167.17M | $162.28M | $149.36M | $143.35M | $146.66M | $123.69M | $146.57M | $172.63M | $192.04M | $192.95M | $182.84M | $242.89M | $124.21M |
| # Analysts | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 0.98% | 0.93% | 0.98% | 0.99% | 0.95% | - | 1.01% | 1.06% | 1.03% | 1.08% | 1.01% | 1.10% | 0.99% | 0.99% | 1.07% | 1.02% | 0.98% | 1.02% | 0.95% | 0.60% | 1.24% |
Mistras Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $175.66M, with a low forecast of $174.91M, and a high forecast of $176.42M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | $16.50M | $-2.05M | $6.30M | $2.77M | $8.42M | $11.74M | - | $-2.69M | $12.60M | $17.99M | $20.55M | $5.13M | $13.75M | $15.21M | $8.17M | $3.76M | $12.23M | $20.02M | $25.57M | $5.72M | $9.35M | $18.53M |
| Avg Forecast | $10.67M | $10.82M | $10.89M | $10.46M | $10.18M | $10.26M | $10.13M | $5.46M | $9.50M | $9.97M | $10.34M | $4.96M | $9.24M | $26.00M | $9.99M | $4.51M | $8.84M | $23.64M | $15.00M | $3.52M | $7.96M | $52.11M | $12.85M | $-74.97M | $9.58M | $26.26M | $19.45M | $11.25M | $16.12M | $14.45M |
| High Forecast | $10.72M | $10.86M | $10.93M | $10.51M | $10.22M | $10.30M | $10.18M | $6.55M | $9.65M | $10.01M | $10.38M | $5.95M | $9.28M | $31.20M | $9.99M | $5.41M | $8.94M | $28.36M | $18.00M | $4.23M | $8.05M | $62.53M | $15.41M | $-59.98M | $9.69M | $31.51M | $23.34M | $13.50M | $19.34M | $17.34M |
| Low Forecast | $10.63M | $10.77M | $10.84M | $10.42M | $10.13M | $10.22M | $10.09M | $4.36M | $9.35M | $9.92M | $10.29M | $3.97M | $9.20M | $20.80M | $9.99M | $3.61M | $8.68M | $18.91M | $12.00M | $2.82M | $7.82M | $41.69M | $10.28M | $-89.97M | $9.42M | $21.00M | $15.56M | $9.00M | $12.89M | $11.56M |
| Surprise % | - | - | - | - | - | - | - | - | 1.74% | -0.21% | 0.61% | 0.56% | 0.91% | 0.45% | - | -0.60% | 1.43% | 0.76% | 1.37% | 1.46% | 1.73% | 0.29% | 0.64% | -0.05% | 1.28% | 0.76% | 1.31% | 0.51% | 0.58% | 1.28% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 20 |
| Net Income | - | - | - | - | - | - | - | - | $-2.51M | $-10.30M | $337.00K | $-4.98M | $2.84M | $4.37M | - | $-5.35M | $-90.00K | $3.38M | $5.94M | $-5.36M | $181.00K | $1.52M | $-2.67M | $-98.52M | $829.00K | $3.09M | $7.43M | $-5.29M | $-1.01M | $6.00M |
| Avg Forecast | $8.76M | $9.70M | $6.88M | $2.50M | $6.88M | $8.61M | $4.22M | $-7.14M | $4.38M | $5.24M | $6.57M | $-6.49M | $1.77M | $4.96M | $7.21M | $-5.90M | $1.89M | $4.51M | $4.45M | $-4.95M | $-548.51K | $5.48M | $-4.18M | $-72.59M | $1.07M | $4.05M | $5.78M | $-11.31M | $-1.42M | $4.59M |
| High Forecast | $8.81M | $9.75M | $6.92M | $2.52M | $6.92M | $8.65M | $4.25M | $-5.71M | $4.97M | $5.27M | $6.61M | $-5.19M | $1.78M | $5.95M | $7.21M | $-4.72M | $1.92M | $5.41M | $5.34M | $-3.96M | $-536.15K | $6.58M | $-3.35M | $-58.07M | $1.08M | $4.86M | $6.94M | $-9.05M | $-1.13M | $5.51M |
| Low Forecast | $8.71M | $9.65M | $6.85M | $2.49M | $6.85M | $8.56M | $4.20M | $-8.57M | $3.80M | $5.21M | $6.53M | $-7.79M | $1.76M | $3.97M | $7.21M | $-7.08M | $1.85M | $3.61M | $3.56M | $-5.94M | $-556.72K | $4.39M | $-5.02M | $-87.10M | $1.04M | $3.24M | $4.62M | $-13.58M | $-1.70M | $3.67M |
| Surprise % | - | - | - | - | - | - | - | - | -0.57% | -1.96% | 0.05% | 0.77% | 1.60% | 0.88% | - | 0.91% | -0.05% | 0.75% | 1.33% | 1.08% | -0.33% | 0.28% | 0.64% | 1.36% | 0.78% | 0.76% | 1.29% | 0.47% | 0.71% | 1.31% |
Mistras Group's average Quarter net income forecast for Sep 23 is $5.24M, with a range of $5.21M to $5.27M. MG's average Quarter net income forecast represents a 1455.36% increase compared to the company's last Quarter net income of $337.00K (Jun 23).
Mistras Group SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 20 |
| SG&A | - | - | - | - | - | - | - | - | $42.91M | $39.54M | $41.48M | $42.82M | $42.30M | $41.59M | - | $42.04M | $42.76M | $39.22M | $39.72M | $39.64M | $40.66M | $37.11M | $37.61M | $41.56M | $42.97M | $42.28M | $41.92M | $42.30M | $47.82M | $41.27M |
| Avg Forecast | $47.22M | $47.84M | $48.16M | $46.28M | $45.01M | $45.38M | $44.83M | $55.95M | $42.02M | $44.09M | $45.73M | $50.86M | $40.86M | $57.52M | $44.19M | $46.24M | $39.09M | $52.29M | $29.79M | $36.59M | $35.20M | $133.61M | $59.23M | $33.55M | $42.39M | $60.71M | $33.72M | $111.06M | $71.03M | $33.82M |
| High Forecast | $47.42M | $48.05M | $48.36M | $46.47M | $45.20M | $45.58M | $45.02M | $67.14M | $42.68M | $44.28M | $45.93M | $61.04M | $41.04M | $69.03M | $44.19M | $55.49M | $39.54M | $62.75M | $35.75M | $43.91M | $35.60M | $160.33M | $71.08M | $40.26M | $42.87M | $72.85M | $40.46M | $133.28M | $85.24M | $40.59M |
| Low Forecast | $47.02M | $47.64M | $47.95M | $46.08M | $44.82M | $45.19M | $44.64M | $44.76M | $41.38M | $43.90M | $45.53M | $40.69M | $40.69M | $46.02M | $44.19M | $36.99M | $38.41M | $41.84M | $23.83M | $29.27M | $34.59M | $106.89M | $47.38M | $26.84M | $41.65M | $48.56M | $26.97M | $88.85M | $56.83M | $27.06M |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 0.90% | 0.91% | 0.84% | 1.04% | 0.72% | - | 0.91% | 1.09% | 0.75% | 1.33% | 1.08% | 1.16% | 0.28% | 0.63% | 1.24% | 1.01% | 0.70% | 1.24% | 0.38% | 0.67% | 1.22% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 9 | 16 | 20 |
| EPS | - | - | - | - | - | - | - | - | $-0.08 | $-0.34 | $0.01 | $-0.17 | $0.09 | $0.15 | - | $-0.18 | $-0.00 | $0.11 | $0.20 | $-0.18 | $0.01 | $0.05 | $-0.09 | $-3.40 | $0.03 | $0.11 | $0.26 | $-0.18 | $-0.04 | $0.21 |
| Avg Forecast | $0.28 | $0.31 | $0.22 | $0.08 | $0.22 | $0.28 | $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 | $0.04 | $-0.24 | $-0.19 | $0.04 | $0.22 | $0.18 | $0.08 | $0.35 | $0.13 |
| High Forecast | $0.28 | $0.31 | $0.22 | $0.08 | $0.22 | $0.28 | $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 | $-0.12 | $-0.02 | $0.04 | $-0.24 | $-0.18 | $0.04 | $0.22 | $0.18 | $0.08 | $0.42 | $0.16 |
| Low Forecast | $0.28 | $0.31 | $0.22 | $0.08 | $0.22 | $0.27 | $0.13 | $0.04 | $0.12 | $0.17 | $0.21 | $-0.05 | $0.06 | $0.24 | $0.23 | $-0.09 | $0.06 | $0.17 | $0.11 | $-0.13 | $-0.02 | $0.03 | $-0.25 | $-0.19 | $0.03 | $0.22 | $0.18 | $0.08 | $0.28 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | -0.59% | -2.03% | 0.05% | 3.40% | 1.59% | 0.63% | - | 1.93% | -0.05% | 0.63% | 1.79% | 1.41% | -0.56% | 1.25% | 0.37% | 18.09% | 0.86% | 0.50% | 1.44% | -2.25% | -0.10% | 1.62% |
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 | $12.19 | $16.00 | 31.26% | Buy |
| MG | Mistras Group | $10.77 | $11.00 | 2.14% | Buy |
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 2.14% from its last price of $10.77. 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 2.14% (from the last price of $10.77 to the average price target of $11), up by 2.14% based on the highest stock price target, and up by 2.14% based on the lowest stock price target.
Can Mistras Group stock reach $20?
MG's average twelve months analyst stock price target of $11 does not support the claim that Mistras Group can reach $20 in the near future.
What are Mistras Group's analysts' financial forecasts?
Mistras Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $736.11M (high $739.27M, low $732.96M), average EBITDA is $36.02M (high $37.25M, low $34.8M), average net income is $12.58M (high $14.11M, low $11.04M), average SG&A $191.17M (high $202.94M, low $179.4M), and average EPS is $0.667 (high $0.67, low $0.663). MG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $785.4M (high $788.77M, low $782.03M), average EBITDA is $42.84M (high $43.02M, low $42.66M), average net income is $27.85M (high $28.01M, low $27.7M), average SG&A $189.5M (high $190.31M, low $188.68M), and average EPS is $0.89 (high $0.895, low $0.885).
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 $34.76M by 70.66%. The company's net income was $-17.453M, missing the average estimation of $9.7M by -279.84%. Apple's SG&A was $166.75M, missing the average forecast of $182.7M by -8.73%. 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 $9.5M by 73.69%. Mistras Group's net income was $-2.514M, missing the average estimation of $4.38M by -157.38%. The company's SG&A was $42.91M, beating the average forecast of $42.02M by 2.13%. Lastly, the company's EPS was $-0.0825, missing the average prediction of $0.14 by -158.93%