Mirion Technologies (NYSE:MIR) PT Raised to $14.00

Mirion Technologies (NYSE:MIR - Get Free Report) had its price objective increased by research analysts at Citigroup from $13.00 to $14.00 in a research report issued on Monday, Benzinga reports. The firm currently has a "buy" rating on the stock. Citigroup's target price indicates a potential upside of 24.61% from the company's current price.

Separately, TheStreet upgraded Mirion Technologies from a "d" rating to a "b-" rating in a research note on Wednesday, February 14th.

Mirion Technologies Stock Performance

Shares of NYSE MIR traded up $0.18 during midday trading on Monday, hitting $11.24. 915,338 shares of the company's stock were exchanged, compared to its average volume of 1,191,692. The company has a quick ratio of 1.48, a current ratio of 2.03 and a debt-to-equity ratio of 0.44. Mirion Technologies has a 12 month low of $6.70 and a 12 month high of $11.49. The company's 50 day moving average price is $10.26 and its 200 day moving average price is $9.26. The firm has a market capitalization of $2.54 billion, a PE ratio of -22.47 and a beta of 0.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its earnings results on Tuesday, February 13th. The company reported $0.12 EPS for the quarter. Mirion Technologies had a positive return on equity of 3.09% and a negative net margin of 12.01%. The company had revenue of $230.40 million during the quarter.

Insider Activity at Mirion Technologies

In related news, CFO Brian Schopfer sold 90,910 shares of the business's stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $11.00, for a total value of $1,000,010.00. Following the completion of the sale, the chief financial officer now directly owns 211,167 shares in the company, valued at approximately $2,322,837. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Mirion Technologies

Several institutional investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC boosted its stake in Mirion Technologies by 1.7% in the 4th quarter. Voya Investment Management LLC now owns 81,312 shares of the company's stock valued at $833,000 after purchasing an additional 1,350 shares during the period. Jump Financial LLC lifted its position in shares of Mirion Technologies by 7.9% during the 3rd quarter. Jump Financial LLC now owns 19,722 shares of the company's stock valued at $147,000 after acquiring an additional 1,450 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Mirion Technologies by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 25,688 shares of the company's stock valued at $220,000 after acquiring an additional 1,454 shares during the period. Roubaix Capital LLC lifted its position in shares of Mirion Technologies by 0.5% during the 3rd quarter. Roubaix Capital LLC now owns 501,988 shares of the company's stock valued at $3,750,000 after acquiring an additional 2,509 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Mirion Technologies by 0.8% during the 3rd quarter. Rhumbline Advisers now owns 318,674 shares of the company's stock valued at $2,380,000 after acquiring an additional 2,591 shares during the period. 78.51% of the stock is currently owned by institutional investors.

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.