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M-tron Industries, Inc. (MPTI) Increases Despite Market Slip: Here's What You Need to Know
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M-tron Industries, Inc. (MPTI - Free Report) ended the recent trading session at $65.24, demonstrating a +2.69% change from the preceding day's closing price. This change outpaced the S&P 500's 0.43% loss on the day. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.94%.
The stock of company has risen by 19.37% in the past month, leading the Construction sector's gain of 5.6% and the S&P 500's gain of 0.89%.
Analysts and investors alike will be keeping a close eye on the performance of M-tron Industries, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.64, marking a 12.33% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $14 million, up 9.29% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.36 per share and a revenue of $54.05 million, representing changes of -10.94% and 0%, respectively, from the prior year.
Any recent changes to analyst estimates for M-tron Industries, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. M-tron Industries, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, M-tron Industries, Inc. is presently trading at a Forward P/E ratio of 23.53. This indicates a discount in contrast to its industry's Forward P/E of 25.82.
Meanwhile, MPTI's PEG ratio is currently 0.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 2.12 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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M-tron Industries, Inc. (MPTI) Increases Despite Market Slip: Here's What You Need to Know
M-tron Industries, Inc. (MPTI - Free Report) ended the recent trading session at $65.24, demonstrating a +2.69% change from the preceding day's closing price. This change outpaced the S&P 500's 0.43% loss on the day. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.94%.
The stock of company has risen by 19.37% in the past month, leading the Construction sector's gain of 5.6% and the S&P 500's gain of 0.89%.
Analysts and investors alike will be keeping a close eye on the performance of M-tron Industries, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.64, marking a 12.33% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $14 million, up 9.29% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.36 per share and a revenue of $54.05 million, representing changes of -10.94% and 0%, respectively, from the prior year.
Any recent changes to analyst estimates for M-tron Industries, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. M-tron Industries, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, M-tron Industries, Inc. is presently trading at a Forward P/E ratio of 23.53. This indicates a discount in contrast to its industry's Forward P/E of 25.82.
Meanwhile, MPTI's PEG ratio is currently 0.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Engineering - R and D Services stocks are, on average, holding a PEG ratio of 2.12 based on yesterday's closing prices.
The Engineering - R and D Services industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.