B. Riley Has Lowered Expectations for Mirion Technologies (NYSE:MIR) Stock Price

Mirion Technologies (NYSE:MIR - Free Report) had its price objective trimmed by B. Riley from $19.00 to $17.00 in a report published on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock. B. Riley also issued estimates for Mirion Technologies' Q1 2025 earnings at $0.08 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.40 EPS.

Other analysts have also recently issued reports about the stock. Robert W. Baird lowered their target price on shares of Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Baird R W raised Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, Citigroup reduced their price objective on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $18.75.

Mirion Technologies Price Performance

Shares of NYSE:MIR traded down $0.30 during mid-day trading on Wednesday, reaching $13.50. The stock had a trading volume of 1,737,322 shares, compared to its average volume of 1,953,909. The company has a market cap of $3.14 billion, a P/E ratio of -71.05 and a beta of 0.75. Mirion Technologies has a 1 year low of $9.11 and a 1 year high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43. The business's 50 day moving average price is $14.72 and its 200 day moving average price is $15.55.

Mirion Technologies (NYSE:MIR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Research analysts expect that Mirion Technologies will post 0.39 EPS for the current fiscal year.

Institutional Trading of Mirion Technologies

Several hedge funds have recently modified their holdings of the business. FMR LLC boosted its position in Mirion Technologies by 258.4% during the third quarter. FMR LLC now owns 17,957 shares of the company's stock worth $199,000 after acquiring an additional 12,947 shares during the last quarter. State Street Corp grew its holdings in Mirion Technologies by 2.7% during the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company's stock valued at $59,399,000 after purchasing an additional 138,648 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Mirion Technologies in the third quarter worth $303,000. Barclays PLC increased its stake in Mirion Technologies by 325.0% during the third quarter. Barclays PLC now owns 307,680 shares of the company's stock valued at $3,405,000 after purchasing an additional 235,288 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Mirion Technologies by 3.4% during the third quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company's stock valued at $49,851,000 after acquiring an additional 147,408 shares during the period. 78.51% of the stock is owned by institutional investors and hedge funds.

Mirion Technologies Company Profile

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.