Mirion Technologies (NYSE:MIR) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Key Points

• Beat on results: Mirion reported Q EPS of $0.10 vs. consensus $0.09 and revenue of $257.6M (up 27.5% YoY), and updated FY2026 guidance to 0.480–0.550 EPS.
• Shares fell about 2.7% to $18.74 despite the beat; the stock trades at a high PE of 170.4 and remains well below its 52‑week high of $30.28.
• Analysts' consensus is a "Moderate Buy" with an average target of $27.25 amid mixed price‑target revisions, while institutional investors own roughly 78.51% of the stock after several funds added shares.

Mirion Technologies (NYSE:MIR - Get Free Report) released its earnings results on Tuesday. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01, FiscalAI reports. The business had revenue of $257.60 million during the quarter, compared to analysts' expectations of $246.33 million. Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The firm's revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 earnings per share. Mirion Technologies updated its FY 2026 guidance to 0.480-0.550 EPS.

Mirion Technologies Stock Down 2.7%

Mirion Technologies stock traded down $0.51 during mid-day trading on Tuesday, reaching $18.74. The stock had a trading volume of 5,622,461 shares, compared to its average volume of 3,347,761. The firm has a market capitalization of $4.69 billion, a PE ratio of 170.37 and a beta of 1.09. Mirion Technologies has a fifty-two week low of $14.62 and a fifty-two week high of $30.28. The stock's 50-day simple moving average is $19.87 and its 200-day simple moving average is $23.22. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.34 and a current ratio of 2.83.

Institutional Trading of Mirion Technologies

Several hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Mirion Technologies by 258.2% during the 1st quarter. Royal Bank of Canada now owns 98,828 shares of the company's stock valued at $1,433,000 after purchasing an additional 71,241 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company's stock valued at $2,889,000 after buying an additional 110,399 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Mirion Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company's stock valued at $1,783,000 after buying an additional 5,366 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Mirion Technologies by 8.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company's stock valued at $6,301,000 after buying an additional 34,973 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of Mirion Technologies during the second quarter worth about $288,000. Institutional investors and hedge funds own 78.51% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MIR. The Goldman Sachs Group cut their price target on Mirion Technologies from $33.00 to $29.00 and set a "buy" rating on the stock in a report on Thursday, February 12th. JPMorgan Chase & Co. lowered their price objective on shares of Mirion Technologies from $30.00 to $27.00 and set an "overweight" rating for the company in a research note on Thursday, March 26th. Citigroup dropped their target price on shares of Mirion Technologies from $32.00 to $29.00 and set a "buy" rating on the stock in a research report on Thursday, February 12th. Melius Research raised shares of Mirion Technologies to a "strong-buy" rating in a research note on Monday, March 23rd. Finally, Robert W. Baird reduced their price target on shares of Mirion Technologies from $29.00 to $26.00 and set an "outperform" rating for the company in a report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $27.25.

About Mirion Technologies

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.