Workflow
M-tron Industries, Inc. (MPTI) Rises As Market Takes a Dip: Key Facts
M-tron IndustriesM-tron Industries(US:MPTI) ZACKSยท2024-09-20 23:21

Company Performance - M-tron Industries, Inc. (MPTI) closed at $35.87, reflecting a +0.9% change from the previous session, outperforming the S&P 500's 0.19% loss [1] - Over the past month, MPTI shares declined by 5.6%, underperforming the Construction sector's gain of 8.17% and the S&P 500's gain of 2.06% [1] Earnings Forecast - MPTI is expected to report an EPS of $0.54, indicating a 5.26% decrease from the same quarter last year [2] - Revenue is forecasted at $12.2 million, representing a 12.03% increase from the prior-year quarter [2] - For the full year, earnings are projected at $2.26 per share and revenue at $47.8 million, reflecting increases of +76.56% and +16.11% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for MPTI suggest positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks MPTI as 2 (Buy) [6] Valuation Metrics - MPTI has a Forward P/E ratio of 15.73, which is lower than the industry average Forward P/E of 22.02 [7] - The company has a PEG ratio of 0.68, compared to the Engineering - R and D Services industry's average PEG ratio of 1.58 [8] Industry Context - The Engineering - R and D Services industry, part of the Construction sector, holds a Zacks Industry Rank of 88, placing it in the top 35% of over 250 industries [9]