Sono-Tek (NASDAQ:SOTK) Issues Quarterly Earnings Results, Meets Estimates

Sono-Tek (NASDAQ:SOTKGet Free Report) announced its quarterly earnings data on Monday. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 Stock Up 4.8 %

SOTK stock opened at $3.95 on Wednesday. The company has a market cap of $62.22 million, a price-to-earnings ratio of 43.89 and a beta of -0.20. The business has a fifty day simple moving average of $4.42 and a 200-day simple moving average of $4.22. Sono-Tek has a 52 week low of $3.50 and a 52 week high of $6.12.

Analyst Ratings Changes

Separately, Northland Securities reiterated an “outperform” rating and issued a $7.50 target price (down from $10.00) on shares of Sono-Tek in a research note on Tuesday.

Read Our Latest Stock Report on SOTK

About Sono-Tek

(Get Free Report)

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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Earnings History for Sono-Tek (NASDAQ:SOTK)

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