Northland Securities Predicts Stronger Earnings for Sono-Tek

Sono-Tek Corporation (NASDAQ:SOTK) – Northland Securities lifted their FY2031 earnings per share estimates for shares of Sono-Tek in a research report issued on Tuesday, July 14th. Northland Securities analyst T. Jackson now forecasts that the industrial products company will earn $0.09 per share for the year, up from their prior estimate of $0.08. The consensus estimate for Sono-Tek’s current full-year earnings is $0.11 per share.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen raised Sono-Tek to a “strong-buy” rating in a research note on Sunday. Weiss Ratings upgraded Sono-Tek from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Sono-Tek Price Performance

Sono-Tek stock opened at $5.34 on Wednesday. The stock has a fifty day moving average price of $5.21 and a two-hundred day moving average price of $4.54. The firm has a market capitalization of $83.94 million, a P/E ratio of 41.08 and a beta of -0.05. Sono-Tek has a 52-week low of $3.23 and a 52-week high of $6.24.

Sono-Tek (NASDAQ:SOTK) last posted its earnings results on Wednesday, July 8th. The industrial products company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. Sono-Tek had a return on equity of 10.55% and a net margin of 9.62%.The business had revenue of $5.66 million during the quarter, compared to the consensus estimate of $5.60 million. During the same quarter last year, the company earned $0.03 EPS.

Institutional Investors Weigh In On Sono-Tek

Several large investors have recently made changes to their positions in SOTK. Renaissance Technologies LLC lifted its stake in Sono-Tek by 62.6% in the 4th quarter. Renaissance Technologies LLC now owns 62,939 shares of the industrial products company’s stock valued at $260,000 after purchasing an additional 24,239 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Sono-Tek by 12.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 21,200 shares of the industrial products company’s stock valued at $88,000 after purchasing an additional 2,427 shares during the last quarter. HM Payson & Co. bought a new position in Sono-Tek during the 4th quarter worth $89,000. Susquehanna International Group LLP lifted its holdings in shares of Sono-Tek by 28.2% during the third quarter. Susquehanna International Group LLP now owns 15,410 shares of the industrial products company’s stock worth $69,000 after buying an additional 3,389 shares in the last quarter. Finally, Bard Associates Inc. lifted its holdings in shares of Sono-Tek by 7.0% during the fourth quarter. Bard Associates Inc. now owns 43,244 shares of the industrial products company’s stock worth $179,000 after buying an additional 2,838 shares in the last quarter. Institutional investors and hedge funds own 47.89% of the company’s stock.

Sono-Tek Company Profile

Sono-Tek Corporation is a specialized equipment manufacturer that designs, develops and sells ultrasonic spray coating systems for precision fluid delivery. The company’s core technology uses high-frequency ultrasonic vibrations to generate fine, uniform droplets that can be applied to a broad range of substrates with minimal waste and high accuracy. This method enables precise control over coating thickness, distribution and material usage, making it well suited to applications requiring micro-scale deposition and tight process tolerances.

The company’s product portfolio includes bench-top research and development stations, pilot-scale units and full production systems.