Sono-Tek (NASDAQ:SOTK – Get Free Report) announced its quarterly earnings data on Monday. The industrial products company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02, Zacks reports. Sono-Tek had a net margin of 7.36% and a return on equity of 9.20%. Sono-Tek updated its FY 2025 guidance to EPS.
Sono-Tek Trading Down 3.8 %
NASDAQ:SOTK opened at $3.77 on Tuesday. The company has a market cap of $59.38 million, a PE ratio of 41.89 and a beta of -0.20. Sono-Tek has a 12 month low of $3.50 and a 12 month high of $6.12. The company has a 50 day simple moving average of $4.42 and a two-hundred day simple moving average of $4.22.
Analyst Ratings Changes
Separately, Northland Securities reaffirmed an “outperform” rating and set a $10.00 price target on shares of Sono-Tek in a report on Wednesday, October 16th.
About Sono-Tek
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides nozzles and generators for manufacturers' equipment.
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