Mistras Group, Inc. (MG)

In the past six months, MISTRAS Group's stock has trended up by 8.08%. On August 7, 2025, MISTRAS Group reported its Q2 2025 earnings, posting an EPS of $0.19, which met analysts' expectations. On May 7, 2025, the company reported a Q1 2025 loss and lagged revenue estimates. On March 5, 2025, MISTRAS Group announced its Q4 and full-year 2024 results, with full-year 2024 revenue growing by 3.4%, net income increasing by 208.6% to $19.0 million, and Adjusted EBITDA rising by 25.3%. On October 23, 2025, MISTRAS Group announced a conference call to discuss Q3 2025 results on November 5, 2025. On October 16, 2025, MISTRAS Group announced its participation in Baird's 55th Annual Global Industrial Conference on November 12, 2025. On October 14, 2025, MISTRAS Group partnered with Villari to offer wireless crack-detection sensors for critical steel assets. On September 9, 2025, MISTRAS Group partnered with Batchelor & Kimball to deliver advanced inspection solutions for data centers. On August 27, 2025, MISTRAS announced it would provide NDT services for Bechtel on the Department of Energy's Hanford Vit Plant.

The demand for MISTRAS Group's products and services is influenced by maintenance cycles in critical industries and capital project schedules. Industries like oil & gas, power & utilities, and manufacturing often have scheduled shutdowns for maintenance and inspection, leading to seasonal peaks in demand. The company's services are critical during maintenance shutdowns or capital construction projects. The need for asset integrity solutions is ongoing to ensure regulatory compliance, enhance safety, and optimize maintenance expenditures. Diversification into areas like aerospace & defense and civil infrastructure may help balance out any seasonality tied to specific industries.

MISTRAS Group, Inc. is a global leader in technology-enabled industrial asset protection solutions, evaluating the structural integrity and reliability of critical energy, industrial, and public infrastructure assets. The company operates within the industrial sector, specifically Security & Protection Services. MISTRAS Group provides advanced non-destructive testing, real-time condition monitoring, maintenance planning, and specialized engineering services. They also design, manufacture, and sell acoustic emission sensors, instruments, and ultrasonic testing equipment, powered by a proprietary management software suite. Key industries served include oil & gas, aerospace & defense, power & utilities, manufacturing, and civil infrastructure.

MISTRAS Group, Inc. has a multinational presence with operations across North America, Latin America, Europe, the Middle East, and Asia. Its three main operating segments are North America, International, and Products and Systems. The North America segment focuses on asset protection solutions, primarily in the United States and Canada. The International segment offers similar services in Europe, the Middle East, Africa, Asia, and South America. The company has expanded its global footprint through organic growth and strategic acquisitions.

MISTRAS Group's brand reputation in the past year is focused on its strategic partnerships, technological advancements, and diversification efforts. The appointment of Cody Elliott as Vice President of Pipeline Data Solutions highlights the company's focus on advanced inline inspection and integrity analytics. The partnership with Batchelor & Kimball demonstrates MISTRAS's expansion into new, high-growth markets. The partnership with Villari underscores MISTRAS's commitment to leveraging advanced technology for asset protection. The passing of Dr. Sotirios J. Vahaviolos, the company's Founder, Chairman Emeritus, and Director, was acknowledged.

MISTRAS Group, Inc. stock ownership is distributed among institutional investors, individual investors (insiders), and retail investors. Institutional investors hold approximately 49.55% of the company's stock, with major shareholders including Mill Road Capital Management LLC, Dimensional Fund Advisors LP, and Royce & Associates LP. Insiders own approximately 37.12% of MISTRAS Group stock, with Sotirios J. Vahaviolos being the largest individual shareholder, owning 12.34% of the company.