Q3 2024 EPS Estimates for M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Lifted by Sidoti Csr

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) – Equities research analysts at Sidoti Csr lifted their Q3 2024 earnings per share (EPS) estimates for M-tron Industries in a note issued to investors on Monday, August 19th. Sidoti Csr analyst A. Soderstrom now forecasts that the company will post earnings per share of $0.54 for the quarter, up from their previous forecast of $0.50. The consensus estimate for M-tron Industries’ current full-year earnings is $2.03 per share. Sidoti Csr also issued estimates for M-tron Industries’ FY2024 earnings at $2.26 EPS, Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.59 EPS and FY2025 earnings at $2.35 EPS.

M-tron Industries Trading Up 0.4 %

Shares of M-tron Industries stock opened at $37.04 on Tuesday. M-tron Industries has a 52 week low of $16.16 and a 52 week high of $45.60. The stock has a market capitalization of $103.71 million, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 0.70 and a beta of 0.72.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.13. The business had revenue of $11.81 million for the quarter, compared to analyst estimates of $11.20 million. M-tron Industries had a net margin of 10.29% and a return on equity of 23.44%.

Institutional Trading of M-tron Industries

Several hedge funds and other institutional investors have recently modified their holdings of the business. AJOVista LLC purchased a new stake in shares of M-tron Industries during the fourth quarter worth $30,000. Truvestments Capital LLC acquired a new position in shares of M-tron Industries during the 1st quarter worth $165,000. CreativeOne Wealth LLC bought a new position in shares of M-tron Industries during the 1st quarter valued at $210,000. O Shaughnessy Asset Management LLC raised its holdings in shares of M-tron Industries by 4.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 8,466 shares of the company’s stock valued at $254,000 after purchasing an additional 357 shares in the last quarter. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of M-tron Industries in the 1st quarter valued at $361,000. Institutional investors and hedge funds own 23.31% of the company’s stock.

M-tron Industries Company Profile

M-tron Industries, Inc engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company's products include radio frequency, microwave, and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; high frequency and performance OCXOs, integrated PLL OCXOs, TCXOs, VCXOs, and low jitter and harsh environment oscillators; crystal resonators, integrated microwave assemblies; and solid-state power amplifier products.