ELMET GROUP (ELMT)
Industrials · specialized industrial components · NASDAQ
The Elmet Group is a U.S.-based provider of mission-critical, precision-engineered components and high-power systems for demanding industrial and defense applications.
What ELMET GROUP does
The Elmet Group is a provider of precision-engineered components and advanced high-power systems. The company operates through two segments, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), serving industries that require high-performance solutions based on materials science and precision engineering.
Recent developments
The company successfully completed an upsized IPO in April 2026, raising $125.4 million in net proceeds used to pay down indebtedness and for general corporate purposes. In the second quarter of 2026, the company reported a record backlog of $131.5 million and 35.2% revenue growth compared to the prior-year period.
From ELMET GROUP's filing of 2026-08-13.
Themes: aerospace & defense supply chain, materials science, semiconductor infrastructure, high-power microwave technology, domestic manufacturing
Fundamentals
- Price$21.23 as of 2026-10-21 close
- Market cap$647M as of 2026-08-10 (share count; price 2026-10-21)
- P/En/a earnings data not available
- ROICn/a No figure: its 10-K tags no operating income.
- Debt / equity0.06 borrowings, leases excluded / equity — 10-Q/10-K balance sheet 2026-07-03
- Beta0.57 as of 2026-09-03
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
Quarterly results
Balance sheet at 2026-07-03
- Cash and equivalents$66M includes restricted cash (the filer tags no unrestricted total)
- Total debt$10M borrowings only; leases excluded
- Net debt-$56M total debt − cash − short-term investments
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How ELMET GROUP looks technically
ELMET GROUP (ELMT): a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 56, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 9 trading days ago (its momentum flipped negative). It made a new 20-day high about 12 trading days ago.
Trend
8
| Distance from the 200-day | not enough price history yet — needs 200 trading sessions | n/a |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $19.07 | $19.07 |
| 200-day moving average | not enough price history yet — needs 200 trading sessions | n/a |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 24.6. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete |
| Since the 50/200 cross | not enough price history yet — needs 200 trading sessions | n/a |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with buyers in control | 26.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 56, neither overbought (above 70) nor oversold (below 30) | 55.5 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($18.08 to $24.60) — its "stochastic" reading is 48 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 48.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 9 trading days ago (its momentum flipped negative) | 9 sessions |
Range
7
| Since a 20-day breakout | it made a new 20-day high about 12 trading days ago | 12 sessions |
|---|---|---|
| Since a 55-day breakout | it made a new 55-day high about 12 trading days ago | 12 sessions |
| All-time high | its highest closing price on record is $25.03 (set on 2026-09-14) | $25.03 |
| Given back of the 52-week move | not available for this company yet | n/a |
| Nearest price level | not enough price history yet — needs 252 trading sessions | n/a |
| All-time low | its lowest closing price on record is $12.48 (set on 2026-07-30) | $12.48 |
| Above the all-time low | it is 70.0% above its all-time low | +70.0% |
Volatility
4
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 86% of it) | 14th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.77 between its high and its low — about 8.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.77 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $17.87 and $22.72 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $17.87 – $20.29 – $22.72 |
| Typical daily range (% of price) | its price moves about 8.3% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 8.3% |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.61× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 3.1% since the prior reading | +3.1% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a bullish engulfing | 6 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 6 sessions ago |
|---|---|---|
| Since a bearish engulfing | 3 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 3 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-21 2.7% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +2.7% |
|---|---|---|
| Open gap | it gapped 2.7% above the previous close today and has not traded back through the level it left behind at 19.04 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.7% |
| Gap filled | a 2.1% gap down opened on 2026-10-20 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 1 session ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +13.23% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 2.7 percentage points (the stock lost 2.7% while the market lost 0.1%) | -2.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 32.3 percentage points (the stock gained 35.6% while the market gained 3.3%) | +32.3% |
| vs market, 6 months | not available for this company yet | n/a |
| vs market, 12 months | not available for this company yet | n/a |
Signal agreement
2
| Bullish technical signals | 2 of the 6 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 6 |
|---|---|---|
| Bearish technical signals | 1 of the 6 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 6 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 5.2% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-15 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 6.8% of the share price. | +5.2% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 14% above the average price paid since 2026-04-23, so the typical buyer over that stretch is showing a gain. That average is $18.68 — a volume-weighted average of daily closes over 116 sessions, not a true tick-by-tick VWAP. | +13.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 4% above the average price paid since it last reported on 2026-08-13 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $20.50 — a volume-weighted average of daily closes over 49 sessions, not a true tick-by-tick VWAP. | +3.5% |
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $24.60.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 7 trading days, since 2026-10-13.
Read from daily closes as of 2026-10-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 50-day moving average · in a strong, established uptrend (ADX) · Analyst price target recently RAISED · Most volatile (6%+ typical daily range) · Trading above the Ichimoku cloud | Learn: adx · rsi · macd · breakout
Based on daily closing prices as of 2026-10-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.25 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$25.00 range $20.00 – $28.00; median $26.00
Analyst estimates, as of 2026-10-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ELMT
- Consensus EPS estimate$0.135 next reporting period, as of 2026-10-22
- Estimate change, 30 days-$0.015 (-10.0%) from $0.15, on 2026-09-17, 35-day window
- Readings revised upward0% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Fluctuations in raw material pricing for tungsten and molybdenum.","Reliance on growth and demand in aerospace, defense, and government sectors."]
What changed in the latest 10-Q
AI-assisted comparison of ELMT's 10-Q filed 2026-08-13 against the prior one filed 2026-05-29.
Risk Factors
- Added:
- Newer filing (filed 2026-08-13) adds a paragraph in Item 2(b) describing use of IPO proceeds between April 22, 2026 and July 3, 2026: repayment of $17.5 million of indebtedness ($1.7 million to Peter V. Anania for CEO Line of Credit, $15 million to Great Falls Property, LLC for Great Falls Term Loan, $0.8 million to AAI for AAI Note), and approximately $8.6 million for working capital and other corporate requirements.
- Newer filing (filed 2026-08-13) adds Exhibit 10.1 (2026 Equity Incentive Plan of The Elmet Group Co., incorporated by reference to Form S-8), Exhibit 10.2 (Form of Indemnification Agreement), Exhibit 10.3 (Form of Executive Employment Letter), Exhibit 10.4 (Form of Executive Employment Letter with Prior Employment Agreement), Exhibit 10.5 (Executive Severance Policy), Exhibit 10.6 (Executive Change in Control Severance Policy), Exhibit 10.7 (Form of Stock Option Award Agreement), Exhibit 10.8 (Form of Restricted Stock Unit Award Agreement), Exhibit 10.9 (Underwriting Agreement), Exhibit 99.1 (Audit Committee Charter), Exhibit 99.2 (Compensation Committee Charter), Exhibit 99.3 (Nominating and Corporate Governance Committee Charter), and Exhibit 99.4 (Policy Related to Recovery of Erroneously Awarded Compensation).
- Removed:
- Older filing (filed 2026-05-29) includes in Item 2(a) descriptions of unregistered securities issued on January 2, 2026: 18,841,986 shares of Class A Common Stock issued to holders of equity interests of Elmet Tech, Microwave Techniques, and A&A under the Contribution Agreement, and 466 shares of Class B Common Stock issued to Peter V. Anania under the Subscription Agreement. These descriptions are absent from the newer filing (filed 2026-08-13).
- Reworded:
- Newer filing (filed 2026-08-13) states the period for unregistered sales as 'During the three months ended July 3, 2026, the Company did not conduct any unregistered sales of equity securities,' whereas the older filing (filed 2026-05-29) states 'During the quarter ended April 3, 2026' and includes the January 2, 2026 unregistered securities descriptions.
- Newer filing (filed 2026-08-13) states net IPO proceeds as approximately $125.4 million; older filing (filed 2026-05-29) states approximately $125.5 million.
- Older filing (filed 2026-05-29) includes Exhibit 3.1 (Amended and Restated Certificate of Incorporation) marked as filed herewith (asterisk); newer filing (filed 2026-08-13) incorporates Exhibit 3.1 by reference to the Quarterly Report on Form 10-Q for the period ended April 3, 2026, filed with the SEC on May 29, 2026, and does not mark it as filed herewith.
- Older filing (filed 2026-05-29) lists Exhibit 4.1 as 'Form of Broker's Warrant'; newer filing (filed 2026-08-13) lists it as 'Broker's Warrant' (without 'Form of').
- Notes:
- The newer filing text includes Item 1A. Risk Factors, Item 2 through Item 6, and Signatures, while the older filing text appears truncated at Signature, so comparison is limited to content present in both excerpts.
- The 'Risk Factors' section text itself (Item 1A) is identical between the two filings; all identified changes are in subsequent items captured within the same excerpt.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-17. The 5 days since 2026-10-17 have not been checked yet.
Most recent open-market transaction: 2026-04-22. Based on Form 4 filings read through 2026-10-17; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ELMT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding ELMT as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 2,802,200
- Reported value $55,315,428
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ELMT's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ELMT had 1,740,061 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
ELMT had 5.71% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.26 days to cover at the same settlement.
- Reported short interest (shares) 1,740,061
- Short interest (% of shares outstanding) 5.71%
- Prior settlement (shares) 1,657,457
- Reported change 4.98%
- Days to cover (reported) 2.26
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Coherent (COHR)
- Heraeus Group
- Materion (MTRN)
- Communications & Power Industries (CPI)
- Thales Group (HO)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ELMET GROUP (ELMT) do?
The Elmet Group is a provider of precision-engineered components and advanced high-power systems. The company operates through two segments, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), serving industries that require high-performance solutions based on materials science and precision engineering.
What sector is ELMET GROUP (ELMT) in?
ELMET GROUP (ELMT) is classified in the Industrials sector. Its industry is specialized industrial components. It trades on NASDAQ.
Who are ELMET GROUP's (ELMT) competitors?
Notable peers of ELMET GROUP (ELMT) include Coherent, Heraeus Group, Materion, Communications & Power Industries and Thales Group. This peer set is informational only — not financial advice.
Is ELMET GROUP (ELMT) overbought or oversold right now?
ELMET GROUP (ELMT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 56, in the neutral middle (as of 2026-10-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ELMT come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.