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M-tron Industries, Inc. (MPTI) Stock Falls Amid Market Uptick: What Investors Need to Know
M-tron IndustriesM-tron Industries(US:MPTI) ZACKSยท2024-10-18 23:21

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]