Mistras Group (MG) Stock Overview
Provides technology-enabled industrial asset integrity and laboratory testing solutions in the United States, Europe, the Middle East, Africa, Asia, and South America. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MG Community Fair Values
Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Mistras Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.61 |
| 52 Week High | US$19.56 |
| 52 Week Low | US$7.38 |
| Beta | 0.88 |
| 1 Month Change | -0.17% |
| 3 Month Change | 24.28% |
| 1 Year Change | 129.60% |
| 3 Year Change | 140.57% |
| 5 Year Change | 55.84% |
| Change since IPO | 39.98% |
Recent News & Updates
Narrative Update • Jun 02
MG: Higher Revenue Outlook And P/E Reassessment Will Support Upside Potential
Analysts have lifted their price target on Mistras Group from $18 to $21, pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News Mistras Group reaffirmed earnings guidance for the full year 2026, indicating expected revenue in a range of $730.0 million to $750.0 million (Source: Key Developments).Seeking Alpha • May 31
Mistras Group: A Beneficiary From High Oil & Gas Production
Summary Mistras Group is rated a buy, driven by recovering upstream oil activity and strategic focus on higher-margin segments like data centers and aerospace. MG’s Q1 2026 revenue grew 5% to $169M, with infrastructure and aerospace segments offsetting an 11% oil & gas decline due to exiting low-margin operations. Despite sector-lagging margins and volatile free cash flow, MG’s forward EPS growth is projected at 27.55%, and EBITDA growth aligns with sector averages. MG trades at a 34% EBITDA multiple discount to peers, with operational improvements and oil market recovery underappreciated by current valuation. Read the full article on Seeking AlphaAnalysis Article • May 18
Shareholders Will Be Pleased With The Quality of Mistras Group's (NYSE:MG) Earnings
Mistras Group, Inc.'s ( NYSE:MG ) earnings announcement last week was disappointing for investors, despite the decent...Analysis Article • May 11
Analysts Are Updating Their Mistras Group, Inc. (NYSE:MG) Estimates After Its First-Quarter Results
Last week, you might have seen that Mistras Group, Inc. ( NYSE:MG ) released its quarterly result to the market. The...Recent updates
Narrative Update • Jun 02
MG: Higher Revenue Outlook And P/E Reassessment Will Support Upside Potential
Analysts have lifted their price target on Mistras Group from $18 to $21, pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News Mistras Group reaffirmed earnings guidance for the full year 2026, indicating expected revenue in a range of $730.0 million to $750.0 million (Source: Key Developments).Seeking Alpha • May 31
Mistras Group: A Beneficiary From High Oil & Gas Production
Summary Mistras Group is rated a buy, driven by recovering upstream oil activity and strategic focus on higher-margin segments like data centers and aerospace. MG’s Q1 2026 revenue grew 5% to $169M, with infrastructure and aerospace segments offsetting an 11% oil & gas decline due to exiting low-margin operations. Despite sector-lagging margins and volatile free cash flow, MG’s forward EPS growth is projected at 27.55%, and EBITDA growth aligns with sector averages. MG trades at a 34% EBITDA multiple discount to peers, with operational improvements and oil market recovery underappreciated by current valuation. Read the full article on Seeking AlphaAnalysis Article • May 18
Shareholders Will Be Pleased With The Quality of Mistras Group's (NYSE:MG) Earnings
Mistras Group, Inc.'s ( NYSE:MG ) earnings announcement last week was disappointing for investors, despite the decent...Analysis Article • May 11
Analysts Are Updating Their Mistras Group, Inc. (NYSE:MG) Estimates After Its First-Quarter Results
Last week, you might have seen that Mistras Group, Inc. ( NYSE:MG ) released its quarterly result to the market. The...Narrative Update • Apr 26
MG: Stable Assumptions And Slightly Higher Multiple Will Shape Balanced Outcomes
Analysts have raised their price target on Mistras Group from $17 to $18, citing small adjustments to the discount rate, revenue growth, profit margin and expected future P/E assumptions. Valuation Changes Fair Value: Target fair value moved from $17 to $18.0, indicating a modest upward adjustment in the valuation anchor.Narrative Update • Apr 11
MG: Stable Assumptions And Earnings Multiple Will Support Balanced Future Outcomes
Analysts are keeping their price target for Mistras Group stable at $17.00, indicating that their assumptions regarding fair value, discount rate, revenue growth, profit margin, and future P/E remain relatively unchanged. Valuation Changes Fair Value: Remains unchanged at $17.00 per share, indicating a stable view of intrinsic value.Narrative Update • Mar 27
MG: Stable Assumptions And Earnings Multiple Will Support Future Upside
Analysts have maintained their price target for Mistras Group at $17.00, reflecting largely unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E estimates. Valuation Changes Fair Value: $17.00 fair value remains unchanged, indicating no adjustment to the core valuation anchor.Narrative Update • Mar 12
MG: LNG Terminal NDT Win Will Support Future Earnings Upside
Analysts have maintained their Mistras Group price target at $17.00, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E that together continue to support this unchanged fair value view. What's in the News MISTRAS Group was selected by Bechtel to provide Non Destructive Testing services for the Woodside Louisiana LNG terminal, a multibillion dollar LNG production and export facility under construction in Sulphur, Louisiana (Key Developments).Narrative Update • Feb 24
MG: LNG Terminal NDT Award Will Underpin Future Earnings Visibility
Analysts maintained their $17.00 price target for Mistras Group in line with prior estimates, reflecting only minor adjustments to discount rate, revenue growth, profit margin, and forward P/E assumptions in their models. What's in the News Mistras Group was selected by Bechtel to deliver Non Destructive Testing services for the Woodside Louisiana LNG terminal, a multibillion dollar LNG production and export facility under construction in Sulphur, Louisiana (Key Developments).Narrative Update • Feb 10
MG: LNG Terminal NDT Contract Will Support Future Earnings Visibility
Analysts have nudged their price target on Mistras Group to $17.00, a move they attribute to modest adjustments in the discount rate and future P/E assumptions, rather than any change in projected revenue growth or profit margin. What's in the News Mistras Group announced that Bechtel selected the company to deliver Non-Destructive Testing services for the Woodside Louisiana LNG terminal, a multibillion dollar LNG production and export facility in Sulphur, Louisiana (Client announcement).Narrative Update • Jan 26
MG: LNG Services Contract Will Support Future Earnings Visibility
Analysts have kept their fair value estimate for Mistras Group steady at $17.00, citing small adjustments in the discount rate, long-term revenue growth, profit margin and future P/E assumptions rather than a major change in their overall view. What's in the News Mistras Group was selected by Bechtel to provide Non Destructive Testing services for the Woodside Louisiana LNG terminal, a multibillion dollar LNG production and export facility in Sulphur, Louisiana (Key Developments).Narrative Update • Jan 12
MG: LNG Contract And Wireless Monitoring Partnership Will Support Future Earnings Visibility
Analysts kept their price target on Mistras Group effectively unchanged at US$17.00, citing only marginal tweaks to assumptions such as discount rate, long term revenue growth, profit margin and future P/E expectations. What's in the News Bechtel selected Mistras Group to deliver a full suite of Non Destructive Testing services for the Woodside Louisiana LNG terminal, a multibillion dollar LNG production and export facility in Sulphur, Louisiana, permitted up to 27.6 million tonnes per annum of LNG production (Client announcement).Narrative Update • Dec 24
MG: Wireless Monitoring Partnership Will Drive Long Term Earnings Visibility And Demand
Narrative Update on Mistras Group Analysts have modestly revised their price target on Mistras Group upward to $17.00, reflecting slightly lower perceived risk and stable expectations for long term growth, margins, and valuation multiples. What's in the News Selected by Bechtel to provide a full suite of non destructive testing services for the multibillion dollar Woodside Louisiana LNG terminal, one of the largest energy infrastructure projects on the U.S. Gulf Coast (Client announcement) Issued 2025 guidance calling for full year revenue between $716 million and $720 million (Corporate guidance) Formed a partnership with Villari to offer a globally certified wireless crack detection system for steel structures, enhancing Mistras Group's continuous, data driven structural health monitoring and predictive maintenance capabilities across wind, oil and gas, infrastructure, ports, and steel manufacturing applications (Client announcement) Valuation Changes Fair Value Estimate: Unchanged at $17.00 per share, indicating no shift in the central valuation outcome.Narrative Update • Dec 10
MG: Wireless Monitoring Partnership Will Drive Long Term Earnings Visibility And Demand
Analysts have nudged their price target for Mistras Group slightly higher to 17.00 dollars from 17.00 dollars, reflecting marginally lower perceived risk and modestly improved long term earnings visibility. What's in the News Mistras Group issues full year 2025 revenue guidance, projecting between 716.0 million and 720.0 million dollars in sales, signaling confidence in demand and backlog visibility (Key Developments).Narrative Update • Nov 25
MG: New Partnerships Will Drive Predictive Maintenance Leadership And Industry Expansion
Narrative Update on Mistras Group Analyst Price Target Analysts have maintained their price target for Mistras Group at $17.00, citing stable projections across key financial metrics and no significant changes in forward-looking estimates. What's in the News Mistras Group provided earnings guidance for the full year 2025, expecting revenue between $716.0 million and $720.0 million (Corporate Guidance).Analysis Article • Nov 13
We Like Mistras Group's (NYSE:MG) Earnings For More Than Just Statutory Profit
Shareholders appeared to be happy with Mistras Group, Inc.'s ( NYSE:MG ) solid earnings report last week. Looking...Narrative Update • Nov 11
MG: Future Partnerships And Reduced Risk Will Drive Upside Potential
Analysts have raised their price target for Mistras Group from $14.00 to $17.00 per share. They cited an updated risk assessment and valuation, despite expectations for slightly lower revenue growth and profit margins.Analysis Article • Aug 08
Mistras Group, Inc.'s (NYSE:MG) Prospects Need A Boost To Lift Shares
NYSE:MG 1 Year Share Price vs Fair Value Explore Mistras Group's Fair Values from the Community and select yours...Analysis Article • May 09
Is Mistras Group, Inc. (NYSE:MG) Potentially Undervalued?
Mistras Group, Inc. ( NYSE:MG ), is not the largest company out there, but it saw significant share price movement...
New Narrative • Feb 21
Expansion Into Aerospace And Defense Will Strengthen Long-Term Prospects
Strategic expansion into aerospace, defense, and private space ventures is set to drive notable revenue growth and enhance margin performance.Analysis Article • Nov 12
Statutory Profit Doesn't Reflect How Good Mistras Group's (NYSE:MG) Earnings Are
Even though Mistras Group, Inc. ( NYSE:MG ) posted strong earnings, investors appeared to be underwhelmed. We have done...Analysis Article • Nov 07
Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts
It's been a sad week for Mistras Group, Inc. ( NYSE:MG ), who've watched their investment drop 18% to US$9.13 in the...Analysis Article • Nov 05
Little Excitement Around Mistras Group, Inc.'s (NYSE:MG) Revenues As Shares Take 26% Pounding
Mistras Group, Inc. ( NYSE:MG ) shareholders won't be pleased to see that the share price has had a very rough month...Analysis Article • Oct 18
Investors Will Want Mistras Group's (NYSE:MG) Growth In ROCE To Persist
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Jul 26
Mistras Group, Inc. (NYSE:MG) Shares Fly 27% But Investors Aren't Buying For Growth
Mistras Group, Inc. ( NYSE:MG ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Jul 13
Mistras Group's (NYSE:MG) Returns On Capital Are Heading Higher
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Seeking Alpha • Dec 27
Mistras Group: Trading Cheaply With Scope For Upside
Summary Mistras Group's revenue growth has been mild, despite a strong business model and global scale. Management’s execution has been poor, although the cyclical nature of its clientele has also impacted it. The industry is broadly attractive, however, with robust demand, a number of tailwinds (incl. clean energy and increased infrastructure spending), and technological innovation if led. MG’s margin development has been underwhelming, although has reasonable scope for improvement through cost rationalization and digitalization. Despite the negative undertone, the company has deep expertise, scale, and sufficient scope for margin improvement and growth to imply a change in fortunes is possible. MG is undervalued despite its weak financial performance, owing to a strong cash yield and a >100% discount to its peers. Read the full article on Seeking AlphaSeeking Alpha • Dec 03
Mistras Group: Not A Buy Right Now
Summary MG posted Q3 FY23 results with a slight increase in revenue but underperformance in the services segment. The company reported a net loss and cut down its sales and EBITDA guidance for FY23, creating a negative sentiment. MG's stock is trading near a crucial level and may reverse if it fails to cross the trendline, making it risky to invest at the current level. Read the full article on Seeking AlphaAnalysis Article • Nov 06
These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Reasonably Well
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Oct 10
Mistras Group (NYSE:MG) May Have Issues Allocating Its Capital
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Seeking Alpha • Sep 13
Mistras Group Is Starting To Look Cheap After Recent Selloff (Rating Upgrade)
Summary Mistras Group booked weak Q2 2023 results with revenues down 1.7% while adjusted EBITDA declined by 16.4% to $15.3 million. The second half of the year should be good as the adjusted EBITDA guidance for the full year barely changed. The EV has decreased below $330 million over the past few days, and I think MG is starting to look undervalued once again. In my view, MG should be trading above 5.5x EV/adjusted EBITDA based on the new guidance, which translates into $7.15 per share. Read the full article on Seeking AlphaShareholder Returns
| MG | US Professional Services | US Market | |
|---|---|---|---|
| 7D | 0.2% | -0.3% | -2.8% |
| 1Y | 129.6% | -22.9% | 22.8% |
Return vs Industry: MG exceeded the US Professional Services industry which returned -22% over the past year.
Return vs Market: MG exceeded the US Market which returned 23.5% over the past year.
Price Volatility
| MG volatility | |
|---|---|
| MG Average Weekly Movement | 5.5% |
| Professional Services Industry Average Movement | 7.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 4,800 | Natalia Shuman | www.mistrasgroup.com |
Mistras Group, Inc. provides technology-enabled industrial asset integrity and laboratory testing solutions in the United States, Europe, the Middle East, Africa, Asia, and South America. The company offers non-destructive testing (NDT) services; pipeline inspections; Plant Condition Management Software; maintenance planning; and specialized engineering solutions. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical services, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services, including plant operations and management support, turnaround/shutdown planning, profit improvement, facilities planning studies, engineering design, process safety reviews, energy optimization evaluations, benchmarking/key performance indicator development, and technical training.
Mistras Group, Inc. Fundamentals Summary
| MG fundamental statistics | |
|---|---|
| Market cap | US$560.29m |
| Earnings (TTM) | US$22.41m |
| Revenue (TTM) | US$731.44m |
25.0x
P/E Ratio0.8x
P/S RatioIs MG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MG income statement (TTM) | |
|---|---|
| Revenue | US$731.44m |
| Cost of Revenue | US$500.67m |
| Gross Profit | US$230.77m |
| Other Expenses | US$208.36m |
| Earnings | US$22.41m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.70 |
| Gross Margin | 31.55% |
| Net Profit Margin | 3.06% |
| Debt/Equity Ratio | 77.6% |
How did MG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 09:29 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mistras Group, Inc. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Andrew Obin | BofA Global Research |
| Alfred Moore | Canaccord Genuity |