Mistras Group Inc

Description

Mistras Group, Inc. provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, the company offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, it builds monitoring systems, as well as provides inspection, maintenance, monitoring and data services; and Web-based solutions. Additionally, the company designs, manufactures, and sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures; and ultrasonic testing equipment. It serves oil and gas, aerospace and defense, fossil and nuclear power, power generation and transmission, civil infrastructure, manufacturing, industrial, public infrastructure, petrochemical, transportation, and other process industries, as well as infrastructure, research, and engineering industries. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.

About

CEO
Ms. Natalia Alexanrovna Shuman
Employees
4,800
Instrument type
Common Stock
Sector
Industrials
Industry
Security & Protection Services
MIC code
XNYS
Address
195 Clarksville Road, Princeton Junction, NJ 08550, United States
Phone
609 716 4000
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Oct 28, 2025
Jul 29, 2025
Apr 29, 2025
Mar 5, 2025 0.13
Oct 31, 2024 0.27 0.20 -0.07 -25.93%

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 2 2
Average estimate 0.16 0.85
Low estimate 0.16 0.83
High estimate 0.16 0.86
Last year EPS 0.07 0.60
[stock_revenue_estimate]

Growth estimates

Current qtr
20.000%
Next qtr. (Mar 2025)
128.570%
Current year
185.710%
Next year (Dec 2025)
40.830%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
May 2, 2024
EF Hutton
Tim Moore
Downgrade Hold ▼ Lowers $12 → $11
Aug 7, 2023
EF Hutton
Tim Moore
Initiates Buy Announces $11
Mar 17, 2022
B of A Securities
Andrew Obin
Upgrade Neutral ▼ Lowers $11 → $7.75
May 12, 2020
Maxim Group
Downgrade Hold
Mar 26, 2020
Sidoti& Co.
Maintains Buy
Mar 26, 2020
Sidoti & Co.
Edward Marshall
Maintains Buy ▼ Lowers $21 → $15
Oct 31, 2019
Maxim Group
Initiates Buy
Mar 14, 2019
Canaccord Genuity
Maintains Hold ▼ Lowers $20 → $16.5
May 11, 2018
Bank of America
Downgrade Underperform
May 11, 2018
B of A Securities
Downgrade Underperform
Nov 8, 2017
Canaccord Genuity
Maintains Hold ▲ Raises $20 → $22
Oct 2, 2017
Baird
Downgrade Neutral
Aug 11, 2017
Baird
Andrew Wittmann
Maintains Outperform ▲ Raises $19 → $21
Aug 10, 2017
Canaccord Genuity
Maintains Hold ▼ Lowers $22 → $20
Jan 10, 2017
Canaccord Genuity
Initiates Hold
Aug 12, 2016
Baird
Upgrade Outperform
Apr 7, 2016
KeyBanc
Downgrade Sector Weight
Apr 7, 2016
Keybanc
Downgrade Sector Weight
Aug 17, 2015
KeyBanc
Upgrade Overweight
Aug 17, 2015
Keybanc
Upgrade Overweight
Aug 7, 2015
Stephens & Co.
Downgrade Equal-Weight ▼ Lowers $24 → $17
Aug 7, 2015
JP Morgan
Maintains Neutral ▼ Lowers $20 → $16
Jun 12, 2015
JP Morgan
Initiates Neutral
Oct 8, 2014
Bank of America
Maintains Buy
Oct 8, 2014
B of A Securities
Maintains Buy ▼ Lowers $29 → $25
Jan 7, 2014
B of A Securities
Upgrade Buy ▲ Raises $19 → $28
Jan 7, 2014
Bank of America
Upgrade Buy
Jul 11, 2013
B of A Securities
Downgrade Neutral ▼ Lowers $28 → $19
Jul 11, 2013
Bank of America
Downgrade Neutral
Jun 27, 2013
DA Davidson
Maintains Neutral ▼ Lowers $23 → $19

Income statement

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total reported revenue 705.47M 687.37M 677.13M 592.57M 748.59M
Cost of revenue 501.67M 489.20M 479.98M 414.04M 531.29M
Gross profit 203.81M 198.17M 197.15M 178.53M 217.30M
Operating expense
Research & development 1.72M 1.99M 2.52M 2.89M 3.05M
Selling general and admin 166.75M 166.40M 161.33M 157.16M 169.47M
Other operating expenses
Operating income 25.23M 19.08M 21.35M 4.96M 25.01M
Non operating interest income
Income
Expense 16.76M 10.51M 10.88M 12.96M 13.70M
Other income expense -27.14M 723,000 -3.18M -106.18M -875,000
Pretax income -18.67M 9.29M 7.29M -114.17M 10.44M
Tax provision -1.22M 2.72M 3.40M -14.71M 4.36M
Net income -17.45M 6.57M 3.89M -99.47M 6.08M
Basic EPS -0.58 0.22 0.13 -3.41 0.21
Diluted EPS -0.58 0.21 0.13 -3.41 0.21
Basic average shares 30.33M 29.90M 29.57M 29.15M 28.74M
Diluted average shares 30.33M 29.90M 29.57M 29.15M 28.74M
EBITDA 59.33M 52.37M 56.27M 40.67M 63.55M
Net income from continuing op. -17.45M 6.57M 3.89M -99.47M 6.08M
Minority interests -8,000 -75,000 -33,000 5,000 -20,000
Preferred stock dividends

Balance sheet

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 534.78M 534.90M 562.20M 583.31M 719.88M
Current assets
Cash
Cash equivalents
Cash and cash equivalents 17.65M 20.49M 24.11M 25.76M 15.02M
Other short term investments
Accounts receivable 132.85M 123.66M 109.51M 107.63M 136.00M
Other receivables
Inventory 15.28M 13.56M 12.69M 13.13M 13.41M
Prepaid assets 15.03M 16.07M 14.73M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 14.58M 10.18M 15.03M 16.07M 14.73M
Non current assets
Properties
Land and improvements 2.45M 2.53M 2.76M 2.72M 2.67M
Machinery furniture equipment 290.64M 269.34M 266.79M 254.23M 243.20M
Construction in progress
Leases
Accumulated depreciation -238.78M -219.11M -207.76M -190.01M -171.80M
Goodwill 418.70M 448.29M 470.26M 480.66M 674.36M
Investment properties
Financial assets
Intangible assets 43.99M 49.02M 59.38M 68.64M 109.54M
Investments and advances
Other non current assets 42.10M 40.81M 49.46M 53.39M 50.17M
Total liabilities 344.27M 336.16M 361.28M 386.09M 433.86M
Current liabilities
Accounts payable 17.03M 12.53M 12.87M 14.24M 15.03M
Accrued expenses 59.67M 52.83M 59.28M 53.85M 55.80M
Short term debt 24.75M 22.00M 33.97M 24.79M 20.86M
Deferred revenue 7.14M 7.52M 6.20M 6.54M 5.86M
Tax payable 1.10M 1.73M 755,000 2.66M 2.09M
Pensions 6.84M 6.18M 6.51M 6.47M 6.99M
Other current liabilities 937,000 1.83M 1.30M 2.61M
Non current liabilities
Long term debt 192.76M 193.87M 192.16M 220.65M 261.16M
Provision for risks and charges
Deferred liabilities 2.55M 6.28M 8.39M 8.24M 21.29M
Derivative product liabilities
Other non current liabilities 32.44M 32.27M 39.33M 47.36M 42.16M
Shareholders equity
Common stock 305,000 298,000 295,000 292,000 289,000
Retained earnings -28.94M -11.49M -17.99M -21.85M 77.61M
Other shareholders equity -28.34M -33.39M -20.31M -16.06M -21.29M
Total shareholders equity 190.50M 198.75M 200.91M 197.22M 286.02M
Additional paid in capital 247.17M 243.03M 238.69M 234.64M 229.21M
Treasury stock
Minority interest 311,000 299,000 229,000 198,000 200,000

Cash flow statement

20232022202120202019201820172016201620152014201320122011201020092008
Operating Activities
Net Income-17.45M6.57M3.89M-99.47M6.08M6.85M-2.17M14.46M24.65M15.99M22.58M11.64M21.35M16.34M10.43M5.47M7.44M
Depreciation34.10M33.29M34.92M35.71M38.53M34.41M31.38M32.39M32.47M33.29M28.43M26.65M22.02M18.59M15.39M12.64M11.42M
Deferred Taxes-5.28M-517,00087,000-13.41M-3.60M1.86M-4.85M-1.78M240,000-1.75M-621,000-1.73M-984,0001.78M907,000146,000329,000
Stock-Based Compensation5.71M5.34M5.42M5.85M5.77M6.11M6.57M7.32M6.51M6.58M6.26M6.29M5.10M3.75M2.70M192,000318,000
Other Non-Cash Items-1.37M298,0001.07M2.74M2.32M-254,000-988,000-97,000-3.12M-1.22M-3.32M-3.26M-469,000169,0009.92M2.05M982,000
Accounts Receivable-8.03M-17.23M-3.98M27.31M8.30M-10.35M2.49M8.09M-5.00M3.98M-23.86M4.77M-18.03M-22.66M-15.21M-8.85M-9.23M
Accounts Payable4.18M-93,000-1.14M-1.02M1.14M2.95M2.57M-2.79M254,000-6.57M6.13M-5.48M3.15M1.90M1.81M-2.23M2.20M
Other Assets & Liabilities-1.87M-1.28M278,00084,000-302,000-2.76M-117,000608,000911,000-433,0001.24M987,000-1.72M-30,0001.14M-917,000-2.79M
Operating Cash Flow10.00M26.38M40.55M-42.21M58.23M38.81M34.89M58.21M56.93M49.87M36.83M39.87M30.42M19.84M27.08M8.49M10.68M
Investing Activities
Capital Expenditures-19.34M-11.41M-17.00M-14.59M-20.18M-19.17M-18.12M-12.70M-13.69M-14.11M-15.37M-11.36M-7.48M-9.76M-1.80M-5.08M-3.20M
Net Intangibles-2.80M-825,000-1.12M-376,000-873,000-541,000-1.26M-1.42M-1.32M-866,000-708,000-993,000-813,000-520,000-36,000-346,000-712,000
Net Acquisitions-440,000-4.23M-135.74M-83.42M-8.29M-1.74M-34.68M-21.92M-33.12M-29.22M-26.20M-14.70M-10.46M-15.54M
Purchase of Investments
Sale of Investments
Investing Cash Flow-19.34M-11.41M-17.44M-14.59M-24.41M-154.91M-204.34M-20.99M-32.19M-98.73M-37.30M-44.49M-36.70M-35.96M-16.50M-15.54M-18.73M
Financing Activities
Long-Term Debt Issuance83.61M317.50M89.00M2.28M32.98M177.53M130.65M64.03M58.54M112.53M102.88M14.57M25.00M3.85M9.50M20.00M13.14M
Long-Term Debt Payments-89.75M-332.30M-109.39M-78.12M-73.10M-58.55M-59.19M-81.37M-95.05M-106.91M-98.27M-12.05M-25.05M-13.37M-75.01M-17.16M-6.82M
Other Financing Charges-1.57M-1.53M-2.86M-4.08M-4.05M-5.29M-2.77M-4.61M-4.41M-4.31M-2.35M-2.21M-427,00043,000-484,0002.07M
Financing Cash Flow-7.71M-70.57M-23.31M-112.22M-44.17M113.70M52.77M-30.94M-40.92M1.32M2.27M14.88M-2.34M5.25M8.01M4.91M6.32M
Other Cash Details
End Cash Position17.65M20.49M24.11M25.76M15.02M25.54M27.54M19.15M21.19M10.56M10.02M7.80M8.41M10.88M16.04M5.67M3.56M
Income Tax Paid6.90M4.71M543,0006.10M10.98M3.06M12.36M10.69M13.24M12.92M15.64M14.87M9.26M2.31M6.51M4.81M
Interest Paid17.08M8.60M10.08M12.47M14.16M7.75M4.26M3.17M4.15M4.50M3.27M3.14M2.75M2.78M3.94M4.03M2.97M
Free Cash Flow3.10M12.99M22.99M52.03M36.19M20.54M35.23M47.34M51.95M33.87M19.29M29.98M21.00M14.66M17.00M6.95M8.42M
Error: Invalid format in Holders JSON file.
MISTRAS Group Mourns the Passing of Founder & Chairman Emeritus Dr. Sotirios J. Vahaviolos Article
MISTRAS Group Mourns the Passing of Founder & Chairman Emeritus Dr. Sotirios J. Vahaviolos
PRINCETON JUNCTION, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of MISTRAS Group, Inc. (NYSE: MG) is deeply saddened to announce the passing of Dr. Sotirios J. Vahaviolos, the company's Founder, Chairman Emeritus, and Board Director, on Thursday, February 6, 2025.
GlobeNewsWire Neutral
Feb 7, 2025
MISTRAS Group Appoints Hani Hammad as Chief Operating Officer (COO) Article
MISTRAS Group Appoints Hani Hammad as Chief Operating Officer (COO)
PRINCETON JUNCTION, N.J., Dec. 12, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG)—a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, is pleased to announce the appointment of Hani Hammad as the Company's Chief Operating Officer (COO), effective January 1, 2025. This appointment follows the recent hiring of Natalia Shuman as the Company's President and Chief Executive Officer (CEO), to whom Mr. Hammad will report directly. In addition to his role as COO, Mr. Hammad will continue serving as MISTRAS Group Executive Vice President.
GlobeNewsWire Neutral
Dec 12, 2024
MISTRAS Group Appoints Natalia Shuman as President and Chief Executive Officer Article
MISTRAS Group Appoints Natalia Shuman as President and Chief Executive Officer
Manuel (Manny) N. Stamatakis Continues as Executive Chairman of the Board Manuel (Manny) N. Stamatakis Continues as Executive Chairman of the Board
GlobeNewsWire Neutral
Dec 5, 2024
Scroll to Top

Markets

Crypto

how to invest

Who we are