
Mistras Group (MG) Stock Forecast & Price Target
Mistras Group (MG) Analyst Ratings
Bulls say
MISTRAS Group Inc is poised for a positive financial outlook due to improving margins that are anticipated to expand significantly, with EBIT margins projected to reach approximately 8% by 2024, up from 5.7% in 2021. This anticipated growth is supported by an overall positive production backdrop, as indicated by increasing sales and better-than-expected inventories, particularly in the US and Europe, which point towards a robust performance in 2025. Furthermore, the company stands to benefit from new business opportunities in higher-margin sectors such as Advanced Driver Assistance Systems (ADAS), bolstered by successful research and development initiatives.
Bears say
MISTRAS Group faces significant risks stemming from the cyclical nature of the auto industry and the potential for macroeconomic downturns that could adversely affect earnings. Increased competition, combined with pressures from original equipment manufacturers (OEMs) and challenges in offsetting rising commodity prices, poses further threats to profitability. The company's reliance on the North America segment, coupled with execution and technological risks, raises concerns about its ability to generate adequate returns on investments amidst these pressures.
This aggregate rating is based on analysts' research of Mistras Group and is not a guaranteed prediction by Public.com or investment advice.
Mistras Group (MG) Analyst Forecast & Price Prediction
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