Mistras Group Future Growth

Future criteria checks 3/6

Mistras Group is forecast to grow earnings and revenue by 42.2% and 2.2% per annum respectively. EPS is expected to grow by 39.9% per annum. Return on equity is forecast to be 12.2% in 3 years.

Key information

42.2%

Earnings growth rate

39.9%

EPS growth rate

Professional Services earnings growth	16.6%
Revenue growth rate	2.2%
Future return on equity	12.2%
Analyst coverage	Low
Last updated	05 Nov 2024

Recent future growth updates

Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts

Nov 07

Recent updates

Statutory Profit Doesn't Reflect How Good Mistras Group's (NYSE:MG) Earnings Are

Nov 12

Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts

Nov 07

Little Excitement Around Mistras Group, Inc.'s (NYSE:MG) Revenues As Shares Take 26% Pounding

Nov 05

Investors Will Want Mistras Group's (NYSE:MG) Growth In ROCE To Persist

Oct 18

Mistras Group, Inc. (NYSE:MG) Shares Fly 27% But Investors Aren't Buying For Growth

Jul 26

These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Reasonably Well

Nov 06

Mistras Group (NYSE:MG) May Have Issues Allocating Its Capital

Oct 10

Mistras Group Is Starting To Look Cheap After Recent Selloff (Rating Upgrade)

Sep 13

Here's Why Mistras Group (NYSE:MG) Has Caught The Eye Of Investors

May 05

Is Mistras Group (NYSE:MG) A Risky Investment?

Mar 26

MISTRAS COO Wolk steps down, company to undertake operational review

Feb 08

Mistras Group Is On The Road To Recovery

Jan 24

These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Extensively

Oct 22

Is It Too Late To Consider Buying Mistras Group, Inc. (NYSE:MG)?

Aug 19

Mistras Group, Inc. (NYSE:MG) Shares Could Be 43% Below Their Intrinsic Value Estimate

May 12

Mistras Group (NYSE:MG) Has A Somewhat Strained Balance Sheet

Mar 27

Earnings and Revenue Growth Forecasts

NYSE:MG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	774	31	42	67	1
12/31/2025	749	27	38	60	2
12/31/2024	729	17	19	47	2
9/30/2024	739	11	15	41	N/A
6/30/2024	736	-5	-11	14	N/A
3/31/2024	722	-11	-2	23	N/A
12/31/2023	705	-17	3	27	N/A
9/30/2023	692	-12	7	27	N/A
6/30/2023	691	3	20	37	N/A
3/31/2023	694	7	21	36	N/A
12/31/2022	687	6	13	26	N/A
9/30/2022	690	4	17	30	N/A
6/30/2022	686	3	16	32	N/A
3/31/2022	685	4	16	34	N/A
12/31/2021	677	4	23	42	N/A
9/30/2021	667	4	28	48	N/A
6/30/2021	640	2	32	51	N/A
3/31/2021	587	-6	49	65	N/A
12/31/2020	593	-99	52	68	N/A
9/30/2020	611	-99	44	60	N/A
6/30/2020	655	-97	54	73	N/A
3/31/2020	731	-87	35	57	N/A
12/31/2019	749	6	36	59	N/A
9/30/2019	750	4	35	58	N/A
6/30/2019	740	0	21	43	N/A
3/31/2019	732	-1	23	44	N/A
12/31/2018	742	7	21	42	N/A
9/30/2018	749	9	24	45	N/A
6/30/2018	747	3	N/A	53	N/A
3/31/2018	725	-1	N/A	48	N/A
12/31/2017	701	-2	N/A	56	N/A
9/30/2017	692	0	N/A	35	N/A
6/30/2017	681	14	N/A	37	N/A
3/31/2017	689	15	N/A	36	N/A
12/31/2016	693	16	N/A	52	N/A
11/30/2016	690	20	N/A	68	N/A
8/31/2016	708	24	N/A	69	N/A
5/31/2016	719	25	N/A	68	N/A
2/29/2016	710	24	N/A	72	N/A
12/31/2015	734	34	N/A	N/A	N/A
11/30/2015	712	22	N/A	73	N/A
8/31/2015	725	21	N/A	57	N/A
5/31/2015	711	16	N/A	50	N/A
2/28/2015	716	20	N/A	49	N/A
11/30/2014	704	20	N/A	24	N/A
8/31/2014	654	19	N/A	34	N/A
5/31/2014	623	23	N/A	37	N/A
2/28/2014	589	12	N/A	39	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MG's forecast earnings growth (42.2% per year) is above the savings rate (2.6%).

Earnings vs Market: MG's earnings (42.2% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: MG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MG's revenue (2.2% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: MG's revenue (2.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MG's Return on Equity is forecast to be low in 3 years time (12.2%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 22:14
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Mistras Group, Inc. is covered by 13 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

Mistras Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts

Mistras Group, Inc. Provides Earnings Guidance for the Full Year 2025

Mistras Group, Inc. Reaffirms Earnings Guidance for the Full Year 2024

Price target increased by 13% to US$15.00

Mistras Group, Inc. Reaffirms Earnings Guidance for the Year 2024

Mistras Group, Inc. Reiterates Earnings Guidance for 2024

Recent updates

Mistras Group, Inc. Announces the Appointment of Hani Hammad as Chief Operating Officer, Effective January 1, 2025

Mistras Group, Inc. Appoints Natalia Shuman as New President, Effective January 1, 2025

Statutory Profit Doesn't Reflect How Good Mistras Group's (NYSE:MG) Earnings Are

Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts

Investor sentiment deteriorates as stock falls 22%

Little Excitement Around Mistras Group, Inc.'s (NYSE:MG) Revenues As Shares Take 26% Pounding

Mistras Group, Inc. Provides Earnings Guidance for the Full Year 2025

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Mistras Group, Inc. to Report Q3, 2024 Results on Oct 30, 2024

Investors Will Want Mistras Group's (NYSE:MG) Growth In ROCE To Persist

Insider recently sold US$676k worth of stock

Insider notifies of intention to sell stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Mistras Group, Inc. Reaffirms Earnings Guidance for the Full Year 2024

Mistras Group, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Mistras Group, Inc. (NYSE:MG) Shares Fly 27% But Investors Aren't Buying For Growth

Mistras Group's (NYSE:MG) Returns On Capital Are Heading Higher

Price target increased by 13% to US$15.00

Independent Director recently sold US$161k worth of stock

Independent Director notifies of intention to sell stock

Insider notifies of intention to sell stock

New minor risk - Shareholder dilution

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Mistras Group, Inc. Reaffirms Earnings Guidance for the Year 2024

Mistras Group, Inc. to Report Q1, 2024 Results on May 01, 2024

Mistras Group, Inc., Annual General Meeting, May 14, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Mistras Group, Inc. Reiterates Earnings Guidance for 2024

Mistras Group, Inc. to Report Q4, 2023 Results on Mar 06, 2024

Price target increased by 12% to US$10.33

New minor risk - Shareholder dilution

Mistras Group: Trading Cheaply With Scope For Upside

Mistras Group: Not A Buy Right Now

Executive VP & President of Services recently sold US$63k worth of stock

These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Reasonably Well

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Mistras Group, Inc. Announces Non-Cash Goodwill Impairment Charge for Third Quarter 2023

Mistras Group, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Mistras Group, Inc. Announces CEO Changes

Mistras Group (NYSE:MG) May Have Issues Allocating Its Capital

Mistras Group, Inc. Appoints Gennaro (Jerry) D’Alterio as Executive Vice President and Chief Commercial Officer

Mistras Group Is Starting To Look Cheap After Recent Selloff (Rating Upgrade)

Price target decreased by 8.7% to US$9.25

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Mistras Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Investor sentiment deteriorates as stock falls 15%

Consensus EPS estimates fall by 16%

Here's Why Mistras Group (NYSE:MG) Has Caught The Eye Of Investors

Mistras Group, Inc. Reaffirms Revenue Guidance for the Full Year 2023

First quarter 2023 earnings: EPS misses analyst expectations

Price target increased by 12% to US$10.47

Is Mistras Group (NYSE:MG) A Risky Investment?

Investor sentiment improves as stock rises 24%

Consensus EPS estimates increase by 25%

Full year 2022 earnings: EPS exceeds analyst expectations

Mistras Group, Inc. Announces Resignation of Jonathan Wolk as Senior Executive Vice President and Chief Operating Officer

MISTRAS COO Wolk steps down, company to undertake operational review

Mistras Group Is On The Road To Recovery

Investor sentiment improved over the past week

Insufficient new directors

Consensus EPS estimates fall by 53%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Mistras Group, Inc. Provides Earnings Guidance for the Fourth 2022

Mistras Group, Inc. to Report Q3, 2022 Results on Nov 02, 2022

These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Extensively

Is It Too Late To Consider Buying Mistras Group, Inc. (NYSE:MG)?

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Mistras Group, Inc. Provides Revenue Guidance for the Year 2022