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In a recent transaction reported on March 19, 2025, Manuel N. Stamatakis, Executive Chairman of Mistras Group, Inc. (NYSE:MG), acquired 10,000 shares of the company’s common stock. The shares were purchased at a price of $9.95 each, amounting to a total investment of $99,500. Following this transaction, Stamatakis holds 374,299 shares directly. Mistras Group, with a market capitalization of $313 million, has demonstrated strong financial health according to InvestingPro analysis, maintaining a healthy current ratio of 1.5 and generating $32.2 million in free cash flow over the last twelve months.
This acquisition reflects a continued interest in the company by its executive leadership, offering a signal to investors about the insider’s confidence in Mistras Group’s prospects. The company appears undervalued according to InvestingPro Fair Value metrics, with analysts setting price targets between $15-16 per share. InvestingPro subscribers can access 6 additional key insights about Mistras Group, along with comprehensive financial analysis in the Pro Research Report.
In other recent news, Mistras Group Inc . reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.24, compared to the forecasted $0.16. Despite this positive earnings performance, the company’s revenue fell short of expectations, reaching $172.73 million against the anticipated $177.06 million. For the full year, Mistras achieved a 3.4% increase in revenue, totaling $729.6 million, and marked its highest operating income since 2016 at $39.8 million. The company has been focusing on digital innovation and expanding its capabilities in the aerospace and defense sectors, contributing to its robust performance.
Additionally, Mistras is preparing to release its 2025 guidance, with plans to focus on profitable growth and margin expansion. The company anticipates continued growth in its data analytics and software solutions, emphasizing its aerospace and defense testing capabilities. Mistras executives have expressed optimism about the company’s future, highlighting efforts to enhance its data analytics capabilities and address previous project delays. The company is also monitoring potential impacts from U.S. foreign tariffs and expects a normalized turnaround season in 2025.
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