Sono-Tek (NASDAQ:SOTK) Posts Earnings Results, Misses Estimates By $0.02 EPS

Sono-Tek (NASDAQ:SOTK) announced its earnings results on Wednesday. The industrial products company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02), FiscalAI reports. The firm had revenue of $5.23 million during the quarter, compared to analysts’ expectations of $5.54 million. Sono-Tek had a net margin of 9.62% and a return on equity of 10.55%.

Sono-Tek Stock Down 0.6%

SOTK opened at $7.12 on Wednesday. The firm has a market cap of $111.93 million, a price-to-earnings ratio of 54.77 and a beta of 0.07. Sono-Tek has a fifty-two week low of $3.40 and a fifty-two week high of $7.48. The company’s 50-day moving average price is $5.32 and its 200 day moving average price is $5.08.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SOTK. Weiss Ratings raised Sono-Tek from a “hold (c+)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded Sono-Tek to a “strong-buy” rating in a research note on Sunday, July 12th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Insider Transactions at Sono-Tek

In other Sono-Tek news, CFO Stephen Bagley sold 8,346 shares of Sono-Tek stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.13, for a total value of $42,814.98. Following the completion of the transaction, the chief financial officer directly owned 21,254 shares in the company, valued at $109,033.02. The trade was a 28.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 13,000 shares of company stock valued at $67,666 over the last quarter. Company insiders own 5.57% of the company’s stock.

About Sono-Tek

Sono-Tek Corporation develops and manufactures ultrasonic coating and precision liquid-deposition systems. Its technology uses high-frequency sound waves to atomize liquids into a controlled spray, enabling uniform application of coatings, adhesives, lubricants, and other materials while minimizing overspray and material waste.

The company’s products include ultrasonic spray nozzles, integrated coating systems, and customized solutions designed for automated manufacturing processes. Sono-Tek also provides application development, process optimization, installation, training, and technical support to help customers integrate its equipment into production lines.

Sono-Tek’s systems are used across a range of industries, including medical devices, electronics, semiconductor and advanced technology manufacturing, alternative energy, glass, textiles, and other industrial applications.