Mirion Technologies, Inc. (NYSE:MIR) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst sentiment is broadly positive on Mirion Technologies, with a consensus rating of “Moderate Buy” from 10 brokerages. The average 12-month price target is about $27.13, above the stock’s recent trading level.
• Recent earnings topped expectations: Mirion reported $0.10 EPS versus the $0.09 estimate and revenue of $257.6 million, up 27.5% year over year. The company also issued FY2026 guidance of 0.48 to 0.55 EPS.
• Shares have pulled back from prior highs, opening at $18.97 with a 52-week range of $16.06 to $30.28. Despite the weaker price action, institutional ownership remains high at 78.51%.

Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) has earned a consensus rating of "Moderate Buy" from the ten brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $27.1250.

Several research analysts have recently commented on MIR shares. Robert W. Baird dropped their price target on shares of Mirion Technologies from $29.00 to $26.00 and set an "outperform" rating on the stock in a research note on Monday, March 30th. The Goldman Sachs Group dropped their price target on shares of Mirion Technologies from $33.00 to $29.00 and set a "buy" rating on the stock in a research note on Thursday, February 12th. JPMorgan Chase & Co. dropped their price target on shares of Mirion Technologies from $30.00 to $27.00 and set an "overweight" rating on the stock in a research note on Thursday, March 26th. Morgan Stanley dropped their price target on shares of Mirion Technologies from $29.00 to $27.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 11th. Finally, Weiss Ratings downgraded shares of Mirion Technologies from a "hold (c)" rating to a "sell (d+)" rating in a report on Monday, May 4th.

Mirion Technologies Stock Performance

Shares of MIR opened at $18.97 on Monday. The company's fifty day moving average is $19.73 and its 200-day moving average is $23.05. Mirion Technologies has a 12 month low of $16.06 and a 12 month high of $30.28. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 189.68 and a beta of 1.07. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The company had revenue of $257.60 million for the quarter, compared to analyst estimates of $244.78 million. During the same quarter in the prior year, the business posted $0.10 EPS. Mirion Technologies's quarterly revenue was up 27.5% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Equities analysts expect that Mirion Technologies will post 0.51 EPS for the current fiscal year.

Insider Activity

In related news, CAO Christopher A. Moore sold 8,400 shares of the company's stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the completion of the sale, the chief accounting officer directly owned 22,157 shares of the company's stock, valued at approximately $435,163.48. This represents a 27.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.20% of the company's stock.

Institutional Trading of Mirion Technologies

Several large investors have recently modified their holdings of MIR. Tudor Investment Corp ET AL boosted its holdings in shares of Mirion Technologies by 174,900.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company's stock worth $407,050,000 after buying an additional 17,490,000 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Mirion Technologies by 28.0% during the 3rd quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company's stock worth $707,530,000 after buying an additional 6,651,735 shares during the period. Two Creeks Capital Management LP bought a new stake in shares of Mirion Technologies during the 3rd quarter worth $83,707,000. UBS Group AG boosted its holdings in shares of Mirion Technologies by 181.4% during the 3rd quarter. UBS Group AG now owns 4,796,833 shares of the company's stock worth $111,574,000 after buying an additional 3,092,136 shares during the period. Finally, TCW Group Inc. bought a new stake in shares of Mirion Technologies during the 4th quarter worth $57,439,000. 78.51% of the stock is owned by institutional investors.

Mirion Technologies Company Profile

Mirion Technologies Inc NYSE: MIR is a leading global provider of radiation detection, measurement and monitoring solutions. The company's portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion's product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.

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