mistras is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions. mistras uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (mi) and non-destructive testing (ndt) services; destructive testing (dt) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (pcms™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.
Company profile
Ticker
MG
Exchange
Website
CEO
Dennis M. Bertolotti
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Tetra Tech • AECOM • VSE • Hill International • Ecology & Environment • Englobal • Acorn Energy • Willdan • Galenfeha • TORtec ...
SEC CIK
Corporate docs
Subsidiaries
Aetos Group, Inc. • CISMIS Springfield Corp. • Conam Inspection and Engineering Services, Inc. • GMA Holding B.V. • GMA Werkstoffprufung GmbH • Mistras Arizona Inspection Services LLC • Mistras Canada, Inc. • Mistras Engineering Services Inc. • Mistras Group B.V. • Mistras Group BVBA ...
IRS number
223341267
MG stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K/A
MISTRAS Announces Second Quarter and First Half 2023 Results
2 Aug 23
8-K
MISTRAS Announces Second Quarter and First Half 2023 Results
2 Aug 23
SD
Conflict minerals disclosure
30 May 23
8-K
Submission of Matters to a Vote of Security Holders
24 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
MISTRAS Announces First Quarter 2023 Results
3 May 23
ARS
2022 FY
Annual report to shareholders
12 Apr 23
DEFA14A
Additional proxy soliciting materials
12 Apr 23
Transcripts
MG
Earnings call transcript
2023 Q2
3 Aug 23
MG
Earnings call transcript
2022 Q4
9 Mar 23
MG
Earnings call transcript
2022 Q3
5 Nov 22
MG
Earnings call transcript
2022 Q2
6 Aug 22
MG
Earnings call transcript
2022 Q1
7 May 22
MG
Earnings call transcript
2021 Q4
10 Mar 22
MG
Earnings call transcript
2021 Q3
6 Nov 21
MG
Earnings call transcript
2021 Q2
9 Aug 21
MG
Earnings call transcript
2021 Q1
10 May 21
MG
Earnings call transcript
2020 Q4
17 Mar 21
Latest ownership filings
4
Gennaro A. D'Alterio
22 Sep 23
3
Gennaro A. D'Alterio
19 Sep 23
4
Manuel N. Stamatakis
11 Aug 23
4
CHARLES P PIZZI
11 Aug 23
4
Michelle Lohmeier
11 Aug 23
4
NICHOLAS DEBENEDICTIS
11 Aug 23
4
JAMES J FORESE
11 Aug 23
4
Michael C Keefe
30 Mar 23
4
Michael J. Lange
30 Mar 23
4
Dennis Bertolotti
30 Mar 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 18.00 mm | 18.00 mm | 18.00 mm | 18.00 mm | 18.00 mm | 18.00 mm |
| Cash burn (monthly) | (no burn) | 50.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 153.12 k | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 17.85 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 351.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
73.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 75 |
| Opened positions | 25 |
| Closed positions | 11 |
| Increased positions | 23 |
| Reduced positions | 15 |
| 13F shares | Current |
|---|---|
| Total value | 113.56 bn |
| Total shares | 22.23 mm |
| Total puts | 20.40 k |
| Total calls | 11.30 k |
| Total put/call ratio | 1.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Sotirios Vahaviolos January 2023 2-Year Grantor Retained Annuity Trust | 7.37 mm | $36.86 mm |
| Price Jennifer C. | 1.48 mm | $11.43 bn |
| Mill Road Capital Management | 1.48 mm | $11.43 bn |
| BLK Blackrock | 1.39 mm | $10.72 bn |
| Royce & Associates | 1.26 mm | $9.74 bn |
| Dimensional Fund Advisors | 1.20 mm | $9.27 bn |
| Vanguard | 1.16 mm | $8.98 bn |
| Invenomic Capital Management | 1.05 mm | $8.07 bn |
| FHI Federated Hermes | 709.45 k | $5.48 bn |
| Bridgeway Capital Management | 420.86 k | $3.25 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Sep 23 | Gennaro A. D'Alterio | Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 10,000 |
| 11 Aug 23 | Stamatakis Manuel N. | Common Stock | Grant | Acquire A | No | No | 0 | 10,223 | 0.00 | 218,599 |
| 9 Aug 23 | Forese James J | Common Stock | Grant | Acquire A | No | No | 0 | 10,223 | 0.00 | 143,750 |
| 9 Aug 23 | Debenedictis Nicholas | Common Stock | Grant | Acquire A | No | No | 0 | 10,223 | 0.00 | 186,623 |
News
Benzinga's Top Ratings Upgrades, Downgrades For August 7, 2023
7 Aug 23
EF Hutton Initiates Coverage On MISTRAS Group with Buy Rating, Announces Price Target of $11
7 Aug 23
12 Industrials Stocks Moving In Thursday's Intraday Session
3 Aug 23
12 Industrials Stocks Moving In Wednesday's After-Market Session
2 Aug 23
MISTRAS Group Q2 Adj EPS $0.05 Misses $0.20 Estimate, Sales $176.03M Miss $189.54M Estimate
2 Aug 23
Press releases
Sidoti Events, LLC's Virtual September Small-Cap Conference
19 Sep 23
MISTRAS Group to Participate in Sidoti Micro-Cap Virtual Conference on August 16-17, 2023
10 Aug 23
MISTRAS Announces Second Quarter and First Half 2023 Results
2 Aug 23
MISTRAS Group Announces Conference Call to Discuss Second Quarter Results on August 3, 2023
28 Jul 23