Northland Securities Predicts Sono-Tek FY2027 Earnings
by Danessa Lincoln · The Markets DailySono-Tek Corporation (NASDAQ:SOTK – Free Report) – Investment analysts at Northland Securities lowered their FY2027 earnings per share (EPS) estimates for Sono-Tek in a note issued to investors on Thursday, October 15th. Northland Securities analyst T. Jackson now expects that the industrial products company will post earnings per share of $0.08 for the year, down from their prior estimate of $0.10. The consensus estimate for Sono-Tek’s current full-year earnings is $0.08 per share. Northland Securities also issued estimates for Sono-Tek’s Q1 2028 earnings at $0.02 EPS and Q3 2028 earnings at $0.10 EPS.
A number of other equities research analysts have also weighed in on SOTK. Weiss Ratings raised shares of Sono-Tek from a “hold (c+)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen downgraded shares of Sono-Tek from a “strong-buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Sono-Tek has an average rating of “Moderate Buy” and a consensus target price of $8.50.
Get Our Latest Research Report on Sono-Tek
Sono-Tek Price Performance
Shares of NASDAQ SOTK opened at $5.28 on Monday. The company has a 50 day simple moving average of $5.38 and a 200 day simple moving average of $5.14. Sono-Tek has a 1 year low of $3.40 and a 1 year high of $7.48. The firm has a market cap of $83.16 million, a PE ratio of 44.00 and a beta of 0.07.
Sono-Tek (NASDAQ:SOTK – Get Free Report) last released its quarterly earnings data on Wednesday, October 14th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). Sono-Tek had a net margin of 9.32% and a return on equity of 9.95%. The firm had revenue of $5.23 million during the quarter, compared to analyst estimates of $5.54 million.
Insider Buying and Selling
In other Sono-Tek news, CFO Stephen Bagley sold 8,346 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $5.13, for a total value of $42,814.98. Following the sale, the chief financial officer owned 21,254 shares in the company, valued at approximately $109,033.02. The trade was a 28.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 13,000 shares of company stock worth $67,666. 5.57% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Sono-Tek
Hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its stake in shares of Sono-Tek by 41.6% in the first quarter. Renaissance Technologies LLC now owns 89,100 shares of the industrial products company’s stock worth $362,000 after acquiring an additional 26,161 shares during the period. Bard Associates Inc. bought a new stake in Sono-Tek in the second quarter valued at approximately $349,000. BlackRock Inc. acquired a new stake in Sono-Tek during the 2nd quarter valued at approximately $179,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in Sono-Tek during the 2nd quarter valued at approximately $73,000. 47.89% of the stock is currently owned by institutional investors.
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.
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