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M-tron Industries, Inc. (MPTI) Registers a Bigger Fall Than the Market: Important Facts to Note
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M-tron Industries, Inc. (MPTI - Free Report) closed at $39.25 in the latest trading session, marking a -2.73% move from the prior day. This change lagged the S&P 500's 0.33% loss on the day. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.22%.
Prior to today's trading, shares of the company had lost 12.3% lagged the Construction sector's gain of 5.56% and the S&P 500's gain of 4.07%.
The investment community will be closely monitoring the performance of M-tron Industries, Inc. in its forthcoming earnings report. In that report, analysts expect M-tron Industries, Inc. to post earnings of $0.6 per share. This would mark a year-over-year decline of 4.76%. Our most recent consensus estimate is calling for quarterly revenue of $13.2 million, up 11.77% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.45 per share and a revenue of $53.4 million, representing changes of -7.55% and +8.95%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for M-tron Industries, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. M-tron Industries, Inc. is holding a Zacks Rank of #5 (Strong Sell) right now.
In terms of valuation, M-tron Industries, Inc. is presently being traded at a Forward P/E ratio of 16.47. This indicates a discount in contrast to its industry's Forward P/E of 20.1.
Also, we should mention that MPTI has a PEG ratio of 0.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 1.83 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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M-tron Industries, Inc. (MPTI) Registers a Bigger Fall Than the Market: Important Facts to Note
M-tron Industries, Inc. (MPTI - Free Report) closed at $39.25 in the latest trading session, marking a -2.73% move from the prior day. This change lagged the S&P 500's 0.33% loss on the day. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.22%.
Prior to today's trading, shares of the company had lost 12.3% lagged the Construction sector's gain of 5.56% and the S&P 500's gain of 4.07%.
The investment community will be closely monitoring the performance of M-tron Industries, Inc. in its forthcoming earnings report. In that report, analysts expect M-tron Industries, Inc. to post earnings of $0.6 per share. This would mark a year-over-year decline of 4.76%. Our most recent consensus estimate is calling for quarterly revenue of $13.2 million, up 11.77% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.45 per share and a revenue of $53.4 million, representing changes of -7.55% and +8.95%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for M-tron Industries, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. M-tron Industries, Inc. is holding a Zacks Rank of #5 (Strong Sell) right now.
In terms of valuation, M-tron Industries, Inc. is presently being traded at a Forward P/E ratio of 16.47. This indicates a discount in contrast to its industry's Forward P/E of 20.1.
Also, we should mention that MPTI has a PEG ratio of 0.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 1.83 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.