Northland Securities Weighs in on Sono-Tek FY2027 Earnings

Sono-Tek Corporation (NASDAQ:SOTK) – Equities research analysts at Northland Securities cut their FY2027 EPS estimates for shares of Sono-Tek in a research note issued to investors on Wednesday, September 30th. Northland Securities analyst T. Jackson now forecasts that the industrial products company will earn $0.10 per share for the year, down from their prior estimate of $0.11. The consensus estimate for Sono-Tek’s current full-year earnings is $0.11 per share. Northland Securities also issued estimates for Sono-Tek’s Q2 2028 earnings at $0.04 EPS, Q3 2028 earnings at $0.04 EPS and Q4 2028 earnings at $0.05 EPS.

SOTK has been the subject of a number of other reports. Wall Street Zen upgraded Sono-Tek to a “strong-buy” rating in a research note on Sunday, July 12th. Weiss Ratings downgraded Sono-Tek from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 28th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $8.50.

Sono-Tek Stock Down 1.4%

Shares of NASDAQ SOTK opened at $5.82 on Friday. The stock’s 50 day moving average price is $5.05 and its two-hundred day moving average price is $4.92. Sono-Tek has a 52-week low of $3.40 and a 52-week high of $6.38. The stock has a market capitalization of $91.49 million, a P/E ratio of 44.77 and a beta of 0.07.

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

Institutional Investors Weigh In On Sono-Tek

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC raised its holdings in shares of Sono-Tek by 41.6% during the first quarter. Renaissance Technologies LLC now owns 89,100 shares of the industrial products company’s stock valued at $362,000 after buying an additional 26,161 shares during the last quarter. Bard Associates Inc. bought a new position in Sono-Tek in the 2nd quarter worth approximately $349,000. BlackRock Inc. bought a new position in Sono-Tek in the 2nd quarter worth approximately $179,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Sono-Tek in the 2nd quarter worth approximately $73,000. Institutional investors and hedge funds own 47.89% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Stephen Bagley sold 8,346 shares of Sono-Tek stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $5.13, for a total value of $42,814.98. Following the sale, the chief financial officer directly owned 21,254 shares in the company, valued at $109,033.02. This trade represents a 28.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 13,000 shares of company stock valued at $67,666. Company insiders own 5.57% of the company’s stock.

Sono-Tek Company Profile

Sono-Tek Corporation develops and manufactures ultrasonic coating systems used to apply precise, uniform coatings to a variety of surfaces and components. Its technology uses high-frequency sound energy to atomize liquids into fine droplets, enabling controlled coating application with reduced overspray and material waste compared with conventional spray methods.

The company offers ultrasonic spray nozzles, coating systems, and integrated coating solutions, including automated and computer-controlled equipment.