The Elmet Group Co. (ELMT) Stock Price & Analysis
The Elmet Group Co. (ELMT) is trading at USD 20.3, down 7.68% today, as of November 10, 2026 at 16:37 UTC (US market open; quotes may be delayed), according to Nexqual market data.
ELMT last closed at USD 21.99; today's session has ranged USD 19.51–22.24 on volume of 357,475 shares. Market capitalization is $618.37M, with a 52-week range of USD 12.49–25.46 (NCM). Source: Nexqual, retrieved November 10, 2026 at 16:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ELMT.md
Key facts (ELMT)
- Valuation: P/E 122.8x.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 27.5 (range 26–30).
- Total return with dividends: 1Y +13.3% vs S&P 500 +10.9%; 5Y +19.4% vs S&P 500 +71.1%.
- Next earnings: 2026-11-10, EPS estimate USD 0.14, revenue estimate $67.7M. All companies reporting that day: https://nexqual.com/earnings/2026-11-10
- Dividend: ELMT paid no cash dividend in the last five years.
- Short interest: 27.84% of float (as of 2026-10-15), 2.5 days to cover.
Valuation (price ÷ last four quarters, through Oct 2, 2026) (ELMT)
P/E 122.8x · P/S 2.4x · P/B 2.2x · FCF yield -12.05% · Earnings yield 0.81%
Analysts (ELMT)
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 27.5 (low 26, high 30).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-23 | Cantor Fitzgerald | Target raised | Overweight | $20 → $30 |
| 2026-10-08 | Needham | Target raised | Buy | $25 → $28 |
| 2026-10-06 | Canaccord Genuity | Target raised | Buy | $21 → $26 |
| 2026-09-15 | Roth Capital | Target raised | Buy | $21 → $26 |
| 2026-09-15 | Needham | Target raised | Buy | $21 → $25 |
| 2026-08-17 | Canaccord Genuity | Target raised | Buy | $20 → $21 |
Total return (dividends reinvested) (ELMT)
| 1Y (from 2026-04-23) | 5Y (from 2026-04-20) | |
|---|---|---|
| Total return | +13.3% | +19.4% |
| S&P 500 (SPY) | +10.9% | +71.1% |
| Per year | — | — |
| Volatility (annualized) | 101.6% | 86.3% |
| Max drawdown | -42.3% (Jun 2026→Jul 2026) | -32.0% (Jun 2026→Jul 2026) |
Dividends (ELMT)
ELMT paid no cash dividend in the last five years.
Short interest (ELMT)
1,862,653 shares sold short, 27.84% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 1,657,457 shares (+12.4%). Days to cover: 2.5 (short shares ÷ average daily volume).
ELMT earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | $0.35 | $0.14 | Beat +150.0% | — |
| — | Quarter ended Jun 30, 2026 | $0.18 | $0.06 | Beat +200.0% | — |
| — | Quarter ended Mar 31, 2026 | $0.23 | −$0.01 | Beat +$0.24 | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
ELMT recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Nov 9, 2026 | 8-K | Quarterly results |
| Nov 9, 2026 | 10-Q | Quarterly report · period ended Oct 2, 2026 |
| Oct 21, 2026 | 8-K | Entered a material agreement; Shareholder vote results “As previously disclosed in The Elmet Group Co.'s (the "Company") Current Report on Form 8-K filed with the SEC on September 14, 2026, the Company entered into a binding letter agreement with Blue Moon Metals Inc., a company existing under the laws of British Columbia, Canada ("Blue Moon"), Blue Moon (Springer) Inc., a company organized under the laws of the State of Delaware and an affiliate of Blue Moon ("BM US"), and EQ Resources Limited, a company organized under the laws of Victoria, Australia (together with…” |
| Oct 2, 2026 | 8-K | Regulation FD disclosure; Other material event “General Counsel Retirement On October 1, 2026, Christian T. Chandler, Executive Vice President and General Counsel of the Company, provided the Company with notice of his decision to retire from his position effective December 31, 2026. Mr. Chandler has served as the Company's General Counsel since its founding. The Company thanks Mr. Chandler for his dedicated service. Mr. Chandler will continue to serve as an advisor to the Company following his retirement in order to assist the Company on various legal,…” |
| Sep 30, 2026 | 8-K | Regulation FD disclosure |
| Sep 24, 2026 | 8-K | Entered a material agreement; Regulation FD disclosure “Share Purchase Agreement On September 23, 2026, The Elmet Group Co., a Delaware corporation (the "Company," "we," "us" or "our") entered into a share purchase agreement (the "Purchase Agreement") with Masan Horizon Company Limited ("the Seller") pursuant to which the Seller agreed to issue and sell, and the Company agreed to purchase, a 4.99% interest in the total issued and outstanding voting ordinary shares of Masan High-Tech Materials Corporation, a public company incorporated in Vietnam and controlled…” |
| Sep 22, 2026 | 8-K | Regulation FD disclosure; Other material event “Tungsten West Offtake Agreement On September 22, 2026, the Company and its wholly owned subsidiary, Elmet Technologies LLC, entered into a Tungsten Concentrate Offtake Agreement (the "Offtake Agreement") with Drakelands Restoration Limited, a private limited company incorporated in England and Wales ("Drakelands"), and Tungsten West PLC, a public limited company incorporated in England and Wales, relating to a strategic offtake arrangement of tungsten concentrate. Under the Offtake Agreement, the Company will…” |
| Sep 22, 2026 | 8-K | Entered a material agreement; Unregistered sale of shares “Pursuant to the previously disclosed binding letter agreement (the "Letter Agreement"), dated September 11, 2026, by and between The Elmet Group Co., a Delaware corporation (the "Company," "we," "us" or "our") and Blue Moon Metals Inc. ("Blue Moon"), on September 21, 2026, the Company entered into a warrant purchase agreement (the "Purchase Agreement") with Blue Moon pursuant to which the Company agreed to issue and sell to Blue Moon an unregistered warrant (the "Warrant") to purchase up to 1,166,970 shares (the…” |
| Sep 16, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Oct 19, 2026 |
| Sep 14, 2026 | 8-K | Entered a material agreement; Unregistered sale of shares; Change to shareholder rights; Director or executive officer change, or pay arrangement; Bylaws or fiscal-year change; Regulation FD disclosure “Department of War Transaction On September 11, 2026, The Elmet Group Co., a Delaware corporation (the "Company," "we," "us" or "our") entered into a definitive investment agreement (the "Investment Agreement") with the United States Department of War ("Department of War" or "DoW") providing for an equity investment in the Company and related investor rights. The Company expects to receive an approximate package of investments and commitments from DoW of $450 million to expand and modernize the Company's tungsten…” |
| Sep 8, 2026 | 8-K | Entered a material agreement; Regulation FD disclosure “Asset Purchase Agreement On September 3, 2026, The Elmet Group Co. ("we," "us," "our," or the "Company"), through its wholly owned subsidiary, Elmet Technologies LLC ("Elmet Tech"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with OSRAM GmbH, a German limited liability company (Gesellschaft mit beschr nkter Haftung or GmbH) duly organized and existing under the laws of the Federal Republic of Germany (the "Seller"), pursuant to which Elmet Tech agreed to purchase substantially all of the…” |
| Aug 13, 2026 | Schedule 13G/A | Needham Investment Management L.L.C., Needham Asset Management, LLC: 8.8% of shares, passive 5%+ holder (amended) |
| Aug 13, 2026 | 8-K | Quarterly results |
| Aug 13, 2026 | 10-Q | Quarterly report · period ended Jul 3, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
ELMT revenue by business segment (quarter ended Oct 2, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| CMC | $71.5M | 89.9% | +64.7% |
| EMP | $8.0M | 10.1% | +4.4% |
| Total revenue | $79.6M | 100% | — |
ELMT revenue by region (quarter ended Oct 2, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $78.9M | 99.2% | +56.6% |
| Europe | $634,000 | 0.8% | -10.8% |
| Total revenue | $79.6M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ELMT customer concentration
In the quarter ended Oct 2, 2026, 2 direct customers each accounted for at least 10% of ELMT's revenue (11%, 11%; 22% combined). The company does not name these customers in the filing. Source: the company's 10-Q filed Nov 9, 2026.
ELMT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.14 | $0.13 | +10.5% | $67.7M | 2 |
| Next quarter (ends Mar 2027) | $0.11 | $0.10 | +10.0% | $64.9M | 2 |
| Current fiscal year (ends Dec 2026) | $0.67 | $0.42 | +57.4% | $254.8M | 2 |
| Next fiscal year (ends Dec 2027) | $0.59 | $0.54 | +9.8% | $305.0M | 2 |
Key Statistics (as of November 10, 2026 at 16:39 UTC)
| Price | USD 20.3 |
|---|---|
| Change | ▼ 7.68% (down) |
| Previous Close | USD 21.99 |
| Open | USD 22.01 |
| Day Range | USD 19.51 – 22.24 |
| 52-Week Range | USD 12.49 – 25.46 |
| Volume | 357,475 shares |
| Market Cap | $618.37M |
| Exchange | NCM |
Technical Analysis (ELMT)
Nexqual's technical model rates ELMT "NEUTRAL" based on 3 bullish and 2 bearish signals across 128 daily candles, as of November 10, 2026 at 16:39 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 48.73 (neutral) |
| vs SMA50 | Above (USD 20.13) |
| MACD | 0.09 (positive) |
Analyst Ratings (ELMT)
Wall Street analysts rate ELMT "Buy" based on 4 analysts, with a mean price target of USD 27.5 (range USD 26–30), per Nexqual as of November 10, 2026 at 16:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 27.5 |
| High Target | USD 30 |
| Low Target | USD 26 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (ELMT)
| Next Earnings Date | 2026-11-10 |
|---|---|
| EPS Estimate | USD 0.14 |
| Revenue Estimate | $67.72M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.35 vs est 0.14 ▲ beat |
| 2026-06-30 | USD 0.18 vs est 0.06 ▲ beat |
| 2026-03-31 | USD 0.23 vs est -0.01 ▲ beat |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Financials & Fundamentals (ELMT)
| Total Revenue | $256.96M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +55.60% |
| Gross Margin | +25.48% |
| Operating Margin | +15.05% |
| Profit Margin | +1.49% |
| ROE | +2.18% |
| Debt / Equity | 0.12 |
| Current Ratio | 5.91 |
| Total Cash | $112.28M |
| Total Debt | $48.77M |
| Free Cash Flow (last four quarters to Oct 2026, SEC 10-Q / 10-K) | -$74.50M (-29.4% of revenue) |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Financial Health Score (ELMT)
Nexqual rates The Elmet Group Co.'s overall financial health "Mixed" across five dimensions, as of November 10, 2026 at 16:39 UTC.
| Growth | Strong — Revenue +56% YoY (latest Q) |
|---|---|
| Profitability | Mixed — Gross margin 25%, operating 4% (last 4 quarters to Oct 2026, SEC; the Oct 2026 quarter alone accounts for 124% of operating income) |
| Balance Sheet | Strong — $3M cash and investments vs $50M debt (Apr 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$75M (last 4 quarters to Oct 2026, SEC), burning cash |
| Efficiency | Weak — ROE 2%, ROA 1.0% (last 4 quarters, SEC) |
Ownership (ELMT)
| Insider Ownership | +66.16% |
|---|---|
| Institutional Ownership | +46.71% |
| Shares Outstanding | 30.46M |
| Float | 10.12M |
| Short % of Float | +27.84% |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Leadership (ELMT)
The Elmet Group Co. is led by Peter Vincent Anania, CEO & Chairman, per Nexqual as of November 10, 2026 at 16:39 UTC.
| CEO & Chairman | Peter Vincent Anania |
|---|---|
| Chief Financial Officer | Michael Steven Lee |
| Executive VP of Corporate Development & Corporate Strategy and Director | Scott Knoll |
| President of Critical Materials Components Division | Derek Scott Fox |
| President of Engineered Microwave Products Division | James William Detert |
Major Backers & Investors (ELMT)
Notable institutional backers of The Elmet Group Co. include Needham Investment Management, L.L.C., Needham Funds Inc-Needham Aggressive Growth Fund, Bangor Savings Bank, according to Nexqual as of November 10, 2026 at 16:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Needham Investment Management, L.L.C. | 8.67% |
| Needham Funds Inc-Needham Aggressive Growth Fund | 8.05% |
| Bangor Savings Bank | 8.02% |
| Citadel | 3.49% |
| Wasatch Advisors LP | 3.31% |
| WASATCH FUNDS TRUST-Wasatch Micro Cap Fund | 2.62% |
| Alyeska Investment Group, L.p. | 2.4% |
| Wellington Management | 1.75% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 2.23% |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KTOS | Kratos Defense & Security Solut | USD 36.54 | ▼ 3.05% |
| LOAR | Loar Holdings Inc. | USD 77.22 | ▼ 1.72% |
| CAE | CAE Inc | USD 27.61 | ▲ 0.29% |
| SARO | StandardAero, Inc. | USD 28.16 | ▼ 2.81% |
| DRS | Leonardo DRS, Inc. | USD 36.61 | ▲ 0.54% |
| MOG-A | Moog Inc. | USD 341.41 | ▲ 0.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: November 10, 2026 at 16:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt