M-tron Industries (NYSEAMERICAN:MPTI) Trading 1.5% Higher – Time to Buy?

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) was up 1.5% on Friday . The company traded as high as $51.20 and last traded at $51.20. Approximately 17,676 shares traded hands during trading, a decline of 41% from the average daily volume of 29,747 shares. The stock had previously closed at $50.44.

Wall Street Analysts Forecast Growth

Separately, Atrium Research upgraded M-tron Industries to a “strong-buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

M-tron Industries Price Performance

The company has a market cap of $150.02 million, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 0.76 and a beta of 0.78. The business’s fifty day moving average price is $52.26 and its 200 day moving average price is $48.04.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its earnings results on Wednesday, November 12th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.06. M-tron Industries had a return on equity of 21.02% and a net margin of 13.51%.The business had revenue of $14.17 million during the quarter, compared to analyst estimates of $13.91 million. As a group, equities research analysts anticipate that M-tron Industries, Inc. will post 2.47 EPS for the current year.

Institutional Trading of M-tron Industries

Several institutional investors have recently added to or reduced their stakes in the stock. Solstein Capital LLC acquired a new stake in M-tron Industries during the 3rd quarter valued at approximately $28,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of M-tron Industries in the 2nd quarter valued at $29,000. Goldman Sachs Group Inc. increased its position in shares of M-tron Industries by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock worth $435,000 after buying an additional 689 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in M-tron Industries during the third quarter worth $63,000. Finally, Janney Montgomery Scott LLC raised its stake in M-tron Industries by 23.0% during the second quarter. Janney Montgomery Scott LLC now owns 8,143 shares of the company’s stock worth $342,000 after buying an additional 1,524 shares during the last quarter. 23.31% of the stock is currently owned by institutional investors.

M-tron Industries Company Profile

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.