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MIND Technology NasdaqCM:MIND Stock Report

Last Price

US$7.44

Market Cap

US$50.6m

7D

25.5%

1Y

24.2%

Updated

19 Dec, 2024

Data

Company Financials +

MIND Technology, Inc.

NasdaqCM:MIND Stock Report

Market Cap: US$50.6m

My Notes

Capture your thoughts, links and company narrative

MIND Technology, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MIND Technology
Historical stock prices
Current Share PriceUS$7.44
52 Week HighUS$7.46
52 Week LowUS$3.05
Beta1.15
1 Month Change95.79%
3 Month Change91.26%
1 Year Change24.21%
3 Year Change-54.36%
5 Year Change-72.13%
Change since IPO-75.20%

Recent News & Updates

MIND Technology: Preferred Stockholders Should Vote For Proposed Common Share Conversion

Jun 18

Recent updates

MIND Technology: Preferred Stockholders Should Vote For Proposed Common Share Conversion

Jun 18

MIND Technology secures orders worth $1.3M for high-speed multibeam side scan sonar systems

Sep 28

MIND Technology GAAP EPS of -$0.20 in-line, revenue of $8.71M beats by $0.41M

Sep 12

MIND Technology gets $900K order for GunLink 4000 upgrade

Jul 27

MIND Technology rallies 28% after new orders, deferral of preferred stock dividend

Jul 06

MIND Technology: Outlook Still Uncertain Despite Improved Order Levels

Apr 23

We Think The Compensation For MIND Technology, Inc.'s (NASDAQ:MIND) CEO Looks About Right

Jul 09
We Think The Compensation For MIND Technology, Inc.'s (NASDAQ:MIND) CEO Looks About Right

Mitcham EPS misses by $0.15, misses on revenue

Jun 02

Is MIND Technology (NASDAQ:MIND) Using Too Much Debt?

Mar 10
Is MIND Technology (NASDAQ:MIND) Using Too Much Debt?

Have Insiders Been Buying MIND Technology, Inc. (NASDAQ:MIND) Shares This Year?

Jan 14
Have Insiders Been Buying MIND Technology, Inc. (NASDAQ:MIND) Shares This Year?

Is MIND Technology (NASDAQ:MIND) A Risky Investment?

Dec 10
Is MIND Technology (NASDAQ:MIND) A Risky Investment?

Shareholder Returns

MINDUS Energy ServicesUS Market
7D25.5%-8.4%-3.5%
1Y24.2%-14.5%22.1%

Return vs Industry: MIND exceeded the US Energy Services industry which returned -13.2% over the past year.

Return vs Market: MIND matched the US Market which returned 24% over the past year.

Price Volatility

Is MIND's price volatile compared to industry and market?
MIND volatility
MIND Average Weekly Movement14.4%
Energy Services Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: MIND's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MIND's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1987145Rob Cappsmind-technology.com

MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications. The company also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations.

MIND Technology, Inc. Fundamentals Summary

How do MIND Technology's earnings and revenue compare to its market cap?
MIND fundamental statistics
Market capUS$50.61m
Earnings (TTM)US$16.11m
Revenue (TTM)US$45.20m

3.7x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIND income statement (TTM)
RevenueUS$45.20m
Cost of RevenueUS$24.54m
Gross ProfitUS$20.66m
Other ExpensesUS$4.55m
EarningsUS$16.11m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.02
Gross Margin45.71%
Net Profit Margin35.64%
Debt/Equity Ratio0%

How did MIND perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:42
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

MIND Technology, Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre ConnerCapital One Securities, Inc.
Veny AleksandrovFIG Partners
Georg VenturatosJohnson Rice & Company, L.L.C.