(MIND) Mind Technology - Ratings and Ratios
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6025661017
MIND: Seismic, Sonar, Streamers, Energy, Tracking, Control, Sensors
MIND Technology, Inc. (NASDAQ:MIND) is a leading provider of advanced technology solutions for the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company, formerly known as Mitcham Industries, Inc., has been at the forefront of innovation since its incorporation in 1987. Headquartered in The Woodlands, Texas, MIND Technology specializes in designing, manufacturing, and delivering high-performance systems that enable precise monitoring and control in marine environments. Their product portfolio includes the GunLink seismic source acquisition and control systems, which offer real-time monitoring for marine seismic surveys. The BuoyLink RGPS tracking system provides accurate positioning of marine seismic energy sources and streamers, enhancing operational efficiency. Additionally, the company offers Sleeve Gun energy sources, the SeaLink towed seismic streamer system, and the Sea Serpent line of passive sonar arrays, which are critical for maritime security and anti-submarine warfare.
Beyond their primary products, MIND Technology also supplies a range of support equipment, including streamer weight collars, depth and pressure transducers, air control valves, and source array systems. They provide spare and replacement parts, as well as comprehensive repair and engineering services, training, and field operations support. This holistic approach ensures that clients across various industries can maintain and optimize their operations effectively. The company’s expertise extends to umbilical terminations, further solidifying its position as a one-stop solution provider in the marine technology sector.
From a technical perspective, MIND Technology’s stock (NASDAQ:MIND) is currently trading at $7.28, with a 20-day average volume of 400,620 shares. The stock is below its 20-day and 50-day simple moving averages (SMA) of $8.97 and $8.42, respectively, but above its 200-day SMA of $5.25, indicating potential for a near-term recovery. The average true range (ATR) of 0.82 suggests moderate volatility. On the fundamental side, the company has a market capitalization of $57.46 million, with a price-to-earnings (P/E) ratio of 1.20, indicating undervaluation relative to its earnings. The price-to-book (P/B) ratio of 2.54 and price-to-sales (P/S) ratio of 1.27 are in line with industry standards, while the return on equity (RoE) of 17.79% highlights strong profitability.
Looking ahead, over the next three months, MIND Technology’s stock is expected to experience a rebound, driven by its strong earnings performance and the attractive valuation indicated by its low P/E ratio. The stock may face resistance at its 20-day and 50-day SMAs, currently at $8.97 and $8.42, respectively. However, with its robust fundamental position and the potential for positive earnings surprises, MIND is well-positioned to break above these resistance levels and trend higher. The price target for the next quarter is projected to be in the range of $8.50 to $9.00, supported by continued operational excellence and the company’s strategic focus on innovation and market expansion.
Additional Sources for MIND Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MIND Stock Overview
Market Cap in USD | 54m |
Sector | Technology |
Industry | Scientific & Technical Instruments |
GiC Sub-Industry | Oil & Gas Equipment & Services |
IPO / Inception | 1994-12-19 |
MIND Stock Ratings
Growth 5y | -70.9% |
Fundamental | 45.7% |
Dividend | 0.0% |
Rel. Strength Industry | 26 |
Analysts | 5/5 |
Fair Price Momentum | 4.63 USD |
Fair Price DCF | - |
MIND Dividends
No Dividends PaidMIND Growth Ratios
Growth Correlation 3m | 26.7% |
Growth Correlation 12m | 26.4% |
Growth Correlation 5y | -90.6% |
CAGR 5y | -43.21% |
CAGR/Max DD 5y | -0.44 |
Sharpe Ratio 12m | -0.31 |
Alpha | 21.91 |
Beta | 0.28 |
Volatility | 79.49% |
Current Volume | 170.1k |
Average Volume 20d | 304.6k |
As of March 16, 2025, the stock is trading at USD 7.23 with a total of 170,145 shares traded.
Over the past week, the price has changed by +9.05%, over one month by -23.09%, over three months by +14.76% and over the past year by +27.96%.
Partly, yes. Based on ValueRay Fundamental Analyses, Mind Technology (NASDAQ:MIND) is currently (March 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 45.69 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MIND as of March 2025 is 4.63. This means that MIND is currently overvalued and has a potential downside of -35.96%.
Mind Technology has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy MIND.
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, MIND Mind Technology will be worth about 5 in March 2026. The stock is currently trading at 7.23. This means that the stock has a potential downside of -30.29%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 8 | 10.7% |
Analysts Target Price | 8 | 10.7% |
ValueRay Target Price | 5 | -30.3% |