Updated 22:21 GMT, 29 Oct 2026 SPX 7,720.39 -0.30% NDX 29,402.51 -1.38% VIX 17.20 +1.71% GOLD 4,033.60 -0.44% CL 102.66 -0.12% BTC 78,722.36 -3.13%
NAS100 29,403 −1.38% S&P 7,720 −0.30% GOLD $4,034 −0.44% BTC $78,722 −3.13% VIX 17.20 +1.71% latest tape · as of 22:21 UTC · 29 Oct
The Screen · Technology

Mesa Laboratories, Inc.

MLAB · Nasdaq · USD · Market cap $706M

Not yet scored
128.66 USD

Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 7 days ago

Screened 2026-10-23 · the tape above runs as of 22:21 UTC · 29 Oct · two dates, stated on purpose · verdict and workings shown in full · never trimmed

Key facts today

  • Price128.66 USD at the 23 Oct 2026 close
  • Ethical screenNot yet scored
  • Last reviewed23 Oct 2026 (7 days ago)

A summary of the dated readings below, not a live quote and not advice.

PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
125.00125.00257.32

What this means: price 128.66 against the desk's fair-value range, base estimate 125.00, over the last year.

Current read
Distribution ?
Screened · screened 2026-10-23
  • Trend Distribution
  • Insiders no filings inside 60 days, left as found
  • Positioning no disclosures inside 60 days, left as found
  • Options no verdict drawn today, left as found
  • Ethical screen not yet scored
Price128.66 USD
Fair value125.00
Our investment reviews on this name
2026-10-20Read Distribution127.74+0.7% to today Markup gives way to Distribution after a 7% slide in 9 days
2026-10-11Read Markup137.50-6.4% to today Accumulation gives way to Markup first Markup read since September
2026-10-02Read Accumulation137.50-6.4% to today Markup gives way to Accumulation after a 36% rise in 8 weeks
2026-08-05Read Markup101.14+27.2% to today ✓Accumulation gives way to Markup with results news in the headlines

Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.

The full research record, in depth, below
The Label · The Season, Not the Day

This name holds its distribution label.

Mesa Laboratories, Inc. holds its Distribution at $128.66. Consolidating, no directional conviction, held for 5 days.

As held on the ledger · 2026-10-23
PhaseDistribution · caution
Quantitative stateConsolidating, no directional conviction, held for 5 days
Price at the screen$128.66
Valuation148.42 trailing · 12.28 forward price to earnings
Values screenNot scored
Beta1.05
The Workings

Five Screens, Shown in Full

This security has not been fully scored against the values screen yet.

TestFigureLimitWhat it meansStatus
Business activity Permissible Core business clean Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
Debt load 28.37% Below 33% Interest-bearing debt is just 28.4% of its assets, well under the one-third ceiling: it does not run on borrowed money. Pass
Interest-bearing cash 5.08% Below 33% Cash held in interest-bearing accounts and securities is 5.1% of assets, under the one-third limit. Pass
Receivables 0.00% Below 49% Money owed to the company is 0.0% of assets, under the 49% limit. Pass

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

The Ethical Read

The Read, in Plain English

Mesa Laboratories, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.

Read as at 2026-10-28. It updates when the underlying figures move, and past reads are kept below.

2026-10-25

Mesa Laboratories, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.

2026-09-24 Clears

Mesa Laboratories, clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 28%, inside the ~33% line, and almost none of its income is interest, so it passes.

Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.

What the Numbers Say It Is Worth

The Fair Value Range

125.00Conservative125.00Base case257.32Growth case 128.66Price

Fair value range in USD, drawn from the 2026-10-23 screen. The gold marker is the market price at the same screen. The price runs 2.8% above the base estimate.

Reading the gap · Our model and the Street both land near the screened price: fairly valued, with no strong edge either way.

Price History & Projections
$272$168$63TODAY5y agoPROJECTIONConservative$125.00 +15%Street avg$125.00 +15%Our fair value$125.00 +15%Street high$125.00 +15%

Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.

Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.

The Business, in Plain Words
The fundamentals · plain-English read
Forward P/E12.3xexpensive even after accounting for its growth
Trailing P/E148.4xexpensive: the price assumes strong growth ahead
EPS, trailing0.85
EPS, forward10.27
Revenue growth+1.0%slow but positive growth
Profit margin1.9%barely profitable
Return on equity2.7%a modest return on shareholder capital
FCF yield7.56%
Dividend yield59.00%
Debt to equity0.85moderate, manageable leverage
Current ratio1.79healthy short-term liquidity
Beta1.05moves a little more than the market
Short interest, float0.08%
52-week range69.43 - 144.35
MoatWEAK
Market cap$706M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & How to Trade

MLAB trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-10-20 Distribution · changed $127.74 -7.1% Entry 8

The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 7.1% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 20% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-10-11 Markup · changed $137.50 +0.0% Entry 7

The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-10-02 Accumulation · changed $137.50 +14.9% Entry 6

The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 14.9% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-09-05 Markup $119.72 +18.4% Entry 5

Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 18.4% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-08-05 Markup · changed $101.14 -2.6% Entry 4

The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 2.6% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-07-18 Accumulation $103.89 +0.0% Entry 3

Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (2 analysts) rates it none, with a mean price target of $104.

2026-07-03 Accumulation $103.89 +0.0% Entry 2

Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Accumulation $103.89 Entry 1

Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

Latest News · What the Market Is Reading on MLAB

Headlines from third-party outlets, linked for reference: not our reporting, not advice.

Related Securities · Others in MLAB's Space

Screened names in the same industry · explore each on its own page.

The Insider Ledger · Form 4 Filings, As Filed
Most recent filings · MLAB
DateInsiderTitleTypeSharesValue
2026-03-10 TRIPENY R TONY Director 1,315 $99,940
2026-03-10 CAPONE MARK CHRISTOPHER Director 1,301 $99,331
2026-03-10 LADIWALA SHIRAZ SHABANALI Director 3,500 $252,805
2025-12-02 SULLIVAN JOHN JAMES Director 2,000 ·
2025-10-27 OWENS GARY M Chief Executive Officer 11,558 ·
2025-08-15 HALL SHANNON Director 1,404 ·
2025-08-15 LADIWALA SHIRAZ SHABANALI Director 1,949 ·
2025-08-15 ALLTOFT JENNIFER SADIE Director 1,404 ·
2025-08-15 SULLIVAN JOHN JAMES Director 1,404 ·
2025-08-15 TRIPENY R TONY Director 1,404 ·

Public filings, recorded as found. The full tape lives at Insider Intelligence.

What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $102.73 +5.5% $0.16 $1,057 +5.7%
2 months $95.69 +13.3% $0.16 $1,135 +13.5%
3 months $77.69 +39.6% $0.16 $1,398 +39.8%
6 months $78.35 +38.4% $0.32 $1,388 +38.8%
1 year $103.56 +4.7% $0.64 $1,053 +5.3%
2 years $98.67 +9.9% $1.28 $1,112 +11.2%
3 years $128.61 -15.7% $1.92 $858 -14.2%
5 years $257.67 -57.9% $3.20 $433 -56.7%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever MLAB does next, these words stay.

Mesa Laboratories, Inc. · MLAB · Distribution · $128.66
Recorded 2026-10-23 · before the outcome · scored mechanically

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