10 Best Micro Cap Stocks to Buy Now

4. M-tron Industries, Inc. (NYSE:MPTI)

Market Capitalization: $115.968 million

M-tron Industries, Inc. (NYSE:MPTI) is a key supplier of highly engineered electronic components, specializing in the designing and manufacturing of advanced frequency and spectrum control products, including power amplifiers and filters. The company mainly serves a mix of industries like defense, aerospace, avionics, and space.

Investors are expected to keep a close eye on the earnings performance of the company in its upcoming release, scheduled next month. Analysts expect M-tron to post an EPS of $0.50, a growth of over 1500% in contrast to the same quarter last year.

Just recently, M-tron Industries, Inc. (NYSE:MPTI) was making headlines when a leading U.S. Department of Defense prime contractor awarded over $10 million contract to the company. This is a major development as the naval defense program, under this contract, is a part of the shipboard defense system of the U.S. and other ally nations. Likely to be in production past 2029, the work under this contract will happen in Orlando, Florida over the span of 3 years.

The agreement underscores M-tron Industries, Inc. (NYSE:MPTI)’s expertise in precision radio frequency (“RF”) components and solutions based on performance under challenging environments.

If we look at the trailing-12-month EBIT and net income margins of the company, recent data shows that M-tron Industries, Inc. (NYSE:MPTI) is 248.7% and 209% higher than their respective industry average. Similarly, the 25.33% trailing 12-month ROCE is also well above the industry average of 4.32%. This makes MPTI one of the best micro-cap stocks to invest in.