Mirion Technologies (NYSE:MIR - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.480-0.520 for the period, compared to the consensus earnings per share estimate of 0.478. The company issued revenue guidance of $921.1 million-$938.3 million, compared to the consensus revenue estimate of $907.3 million.
Analysts Set New Price Targets
Several research firms recently commented on MIR. Robert W. Baird increased their price objective on Mirion Technologies from $20.00 to $22.00 and gave the company an "outperform" rating in a research report on Wednesday, July 9th. Citigroup increased their price objective on Mirion Technologies from $23.00 to $24.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Finally, B. Riley reissued a "buy" rating and issued a $22.00 target price (up from $17.00) on shares of Mirion Technologies in a research report on Wednesday, July 23rd. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $22.25.
Get Our Latest Report on Mirion Technologies
Mirion Technologies Stock Performance
NYSE:MIR traded up $0.18 on Monday, hitting $20.04. The stock had a trading volume of 490,965 shares, compared to its average volume of 2,536,617. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 669.60 and a beta of 0.83. The company has a quick ratio of 1.69, a current ratio of 2.23 and a debt-to-equity ratio of 0.44. The business's 50-day simple moving average is $20.59 and its two-hundred day simple moving average is $17.25. Mirion Technologies has a 52-week low of $9.11 and a 52-week high of $22.80.
Mirion Technologies (NYSE:MIR - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Mirion Technologies had a return on equity of 6.52% and a net margin of 1.12%. The business had revenue of $222.90 million for the quarter, compared to analysts' expectations of $216.78 million. During the same period last year, the firm posted $0.10 earnings per share. The business's revenue for the quarter was up 7.6% on a year-over-year basis. As a group, research analysts predict that Mirion Technologies will post 0.39 earnings per share for the current year.
Insider Buying and Selling at Mirion Technologies
In other news, Director Lawrence D. Kingsley sold 500,000 shares of Mirion Technologies stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $17.94, for a total transaction of $8,970,000.00. Following the transaction, the director directly owned 61,287 shares of the company's stock, valued at $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 is available at this hyperlink. 2.20% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Royal Bank of Canada raised 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 during the period. AQR Capital Management LLC raised its stake in Mirion Technologies by 124.3% during the 1st quarter. AQR Capital Management LLC now owns 199,211 shares of the company's stock valued at $2,889,000 after purchasing an additional 110,399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Mirion Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company's stock valued at $1,783,000 after purchasing an additional 5,366 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Mirion Technologies by 8.8% during the 1st 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 purchasing an additional 34,973 shares during the period. 78.51% of the stock is owned by hedge funds and other institutional investors.
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.
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