Mirion Technologies (NYSE:MIR - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at B. Riley in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $22.00 price objective on the stock, up from their previous price objective of $17.00. B. Riley's target price points to a potential upside of 0.26% from the stock's previous close. B. Riley also issued estimates for Mirion Technologies' Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.16 EPS and FY2025 earnings at $0.45 EPS.
A number of other equities research analysts have also weighed in on the stock. Robert W. Baird boosted their target price on shares of Mirion Technologies from $20.00 to $22.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. Citigroup increased their target price on shares of Mirion Technologies from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $22.25.
Read Our Latest Report on MIR
Mirion Technologies Stock Performance
Shares of MIR stock traded up $0.19 during midday trading on Wednesday, hitting $21.94. 1,384,924 shares of the company were exchanged, compared to its average volume of 2,813,753. Mirion Technologies has a 52 week low of $9.11 and a 52 week high of $22.22. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.69 and a current ratio of 2.23. The firm's 50 day moving average price is $20.20 and its two-hundred day moving average price is $17.05. The firm has a market capitalization of $5.09 billion, a P/E ratio of -365.72 and a beta of 0.83.
Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. Mirion Technologies had a negative net margin of 1.16% and a positive return on equity of 6.07%. The business had revenue of $202.00 million during the quarter, compared to analysts' expectations of $199.34 million. During the same quarter in the previous year, the company earned $0.06 EPS. The business's revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts anticipate that Mirion Technologies will post 0.39 earnings per share for the current year.
Insider Transactions at Mirion Technologies
In related news, Director Lawrence D. Kingsley sold 500,000 shares of the firm's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the completion of the sale, the director owned 61,287 shares in the company, valued at approximately $1,099,488.78. This trade represents a 89.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 6.30% of the stock is owned by company insiders.
Hedge Funds Weigh In On Mirion Technologies
Large investors have recently modified their holdings of the business. Corient Private Wealth LLC purchased a new position in Mirion Technologies during the fourth quarter valued at approximately $187,000. Xponance Inc. raised its holdings in Mirion Technologies by 15.9% during the 4th quarter. Xponance Inc. now owns 14,942 shares of the company's stock valued at $261,000 after buying an additional 2,048 shares during the last quarter. Sei Investments Co. bought a new stake in Mirion Technologies during the 4th quarter valued at $3,279,000. KLP Kapitalforvaltning AS bought a new position in Mirion Technologies in the 4th quarter worth $654,000. Finally, LPL Financial LLC bought a new position in Mirion Technologies in the 4th quarter worth $211,000. Hedge funds and other institutional investors own 78.51% of the company's stock.
Mirion Technologies Company Profile
(
Get Free Report)
Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.
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