Mirion Technologies, Inc. (NYSE:MIR - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as $22.22 and last traded at $22.07, with a volume of 784389 shares trading hands. The stock had previously closed at $21.77.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on MIR shares. Citigroup upped their target price on shares of Mirion Technologies from $23.00 to $24.00 and gave the company a "buy" rating in a research note on Monday, July 14th. B. Riley lowered their target price on shares of Mirion Technologies from $19.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Finally, Robert W. Baird upped their target price on shares of Mirion Technologies from $20.00 to $22.00 and gave the company an "outperform" rating in a research note on Wednesday, July 9th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $21.00.
Read Our Latest Stock Report on MIR
Mirion Technologies Stock Performance
The stock has a market cap of $5.04 billion, a PE ratio of -362.25 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.23 and a quick ratio of 1.69. The business has a 50 day moving average price of $19.76 and a two-hundred day moving average price of $16.89.
Mirion Technologies (NYSE:MIR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. Mirion Technologies had a positive return on equity of 6.07% and a negative net margin of 1.16%. The firm had revenue of $202.00 million during the quarter, compared to the consensus estimate of $199.34 million. During the same period last year, the company earned $0.06 earnings per share. The company's revenue was up 4.9% on a year-over-year basis. As a group, equities research analysts forecast that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.
Insider Activity at Mirion Technologies
In related news, Director Lawrence D. Kingsley sold 500,000 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $17.94, for a total value of $8,970,000.00. Following the sale, the director owned 61,287 shares in the company, valued at approximately $1,099,488.78. The trade was a 89.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On Mirion Technologies
Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Mirion Technologies by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 23,909,802 shares of the company's stock worth $417,226,000 after acquiring an additional 227,178 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Mirion Technologies by 1.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 20,710,389 shares of the company's stock worth $300,301,000 after buying an additional 322,243 shares during the period. Janus Henderson Group PLC boosted its position in shares of Mirion Technologies by 2.8% during the fourth quarter. Janus Henderson Group PLC now owns 8,330,495 shares of the company's stock worth $145,367,000 after buying an additional 229,718 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Mirion Technologies by 2.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,363,954 shares of the company's stock valued at $106,779,000 after acquiring an additional 178,260 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Mirion Technologies by 45.9% during the 1st quarter. Brown Advisory Inc. now owns 5,560,461 shares of the company's stock valued at $80,627,000 after acquiring an additional 1,748,437 shares during the last quarter. Hedge funds and other institutional investors own 78.51% of the company's stock.
About Mirion Technologies
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mirion Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mirion Technologies wasn't on the list.
While Mirion Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
