From Nasdaq: 2024-06-21 18:15:21

M-tron Industries, Inc. (MPTI) closed at $31.32, up 0.84% from the day before, outperforming the S&P 500. The stock has dropped by 5.89% in the past month, falling behind the Construction sector but is projected to see an increase in EPS and revenue in the upcoming earnings report.

Analysts are keeping a close watch on M-tron Industries, Inc. as the company’s upcoming EPS is expected to increase by 6.38%. The Zacks Consensus Estimates forecast a significant rise in earnings and revenue for the year. Recent revisions in analyst forecasts indicate a positive outlook on the company’s business health and profitability.

M-tron Industries, Inc. is currently trading at a discount relative to the industry average Forward P/E ratio and has a PEG ratio of 0.67. The Engineering – R and D Services industry that MPTI is a part of has a favorable Zacks Industry Rank, which evaluates industry performance compared to others.

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Read more at Nasdaq: M-tron Industries, Inc. (MPTI) Advances While Market Declines: Some Information for Investors