M-tron Industries, Inc. (MPTI) or MtronPTI, is scheduled to report third-quarter 2024 (ended Sept. 30, 2024) results on Nov. 13, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.This designer and manufacturer of highly engineered electronic components reported better-than-expected results for the third quarter of 2024. The company’s earnings per share (EPS) and revenues beat the Zacks Consensus Estimate by 26% and 5.4%.On a year-over-year basis, EPS grew 34% an ...

M-tron Industries, Inc. (MPTI) closed the latest trading day at $52.20, indicating a +0.25% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw a decrease of 0.33%.Heading into today, shares of the company had gained 20.45% over the past month, outpacing the Construction sector's gain of 3.42% and the S&P 500's gain of 0.41% in that time.Market participants will be closely follow ...

M-tron Industries, Inc. (MPTI) closed the latest trading day at $50.82, indicating a +0.65% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.03%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.56%. Heading into today, shares of the company had gained 31.62% over the past month, outpacing the Construction sector's loss of 2.06% and the S&P 500's gain of 1.39% in that time. Analysts and investors alike will be keeping a close e ...

Company Performance - M-tron Industries, Inc. (MPTI) closed at $49, reflecting a -0.18% change from the previous session, underperforming compared to the S&P 500's 0.4% gain [1] - The stock has increased by 38.09% over the past month, outperforming the Construction sector's decline of 4.27% and the S&P 500's gain of 3.76% [1] - The company is expected to report an EPS of $0.54, indicating a 5.26% decrease from the same quarter last year, with a forecasted quarterly revenue of $12.2 million, up 12.03% year-over-year [1] Analyst Projections - Recent shifts in analyst projections for M-tron Industries, Inc. should be monitored, as they reflect near-term business trends and can indicate analysts' favorable outlook on the company's health and profitability [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks M-tron Industries as 2 (Buy), suggesting a positive investment outlook [2] - The Zacks Consensus EPS estimate has remained steady over the past month, indicating stability in analyst expectations [2] Valuation Metrics - M-tron Industries, Inc. has a Forward P/E ratio of 21.72, which is a discount compared to the industry's average Forward P/E of 21.79 [3] - The company has a PEG ratio of 0.78, significantly lower than the Engineering - R and D Services industry's average PEG ratio of 1.58 [3] - The Engineering - R and D Services industry is part of the Construction sector and holds a Zacks Industry Rank of 107, placing it in the top 43% of over 250 industries [3]

In the latest market close, M-tron Industries, Inc. (MPTI) reached $47.50, with a -1.04% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.61%. At the same time, the Dow added 0.97%, and the tech-heavy Nasdaq gained 0.33%. Shares of the company witnessed a gain of 41.13% over the previous month, beating the performance of the Construction sector with its gain of 5.21% and the S&P 500's gain of 5.36%. The investment community will be paying close attentio ...

M-tron Industries, Inc. (MPTI) closed the latest trading day at $35.87, indicating a +0.9% change from the previous session's end. This change outpaced the S&P 500's 0.19% loss on the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Shares of the company witnessed a loss of 5.6% over the previous month, trailing the performance of the Construction sector with its gain of 8.17% and the S&P 500's gain of 2.06%. The investment community will be paying close att ...

Investors looking for stocks in the Engineering - R and D Services sector might want to consider either M-tron Industries, Inc. (MPTI) or Howmet (HWM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ea ...

After reaching an important support level, M-tron Industries, Inc. (MPTI) could be a good stock pick from a technical perspective. MPTI recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-ter ...

M-tron Industries, Inc. (MPTI) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate re ...

M-tron Industries, Inc. (MPTI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The ...