M-tron Industries, Inc. (MPTI) closed at $41.13, up 1.23% from the previous day, outperforming the S&P 500. The stock has risen 1.37% in the past month, but falls short of the Construction sector’s 4.35% gain. The upcoming earnings release is forecasted to show a 4.76% decline in EPS.
Analysts are anticipating MPTI to report revenue of $13.2 million, a 11.77% increase from the same quarter last year. The full-year estimates predict earnings of $2.45 per share and revenue of $53.4 million, reflecting changes of -7.55% and +8.95%, respectively. Investors should take note of any recent changes in analyst estimates.
M-tron Industries, Inc. currently holds a Zacks Rank #3 (Hold) and has a Forward P/E ratio of 16.58, lower than the industry average of 20.03. The PEG ratio, at 0.59, indicates a discount compared to the industry average of 1.8. The Construction sector’s Engineering – R and D Services industry has a Zacks Industry Rank of 166, in the bottom 33%.
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Read more at Nasdaq: M-tron Industries, Inc. (MPTI) Outperforms Broader Market: What You Need to Know