Mercury Systems, Inc. provides sensor and safety critical mission processing subsystems for various critical defense and intelligence programs in the United States. The company's products and solutions are deployed in approximately 300 programs with 25 defense prime contractors. Its principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, Reaper, F-16 SABR, E2D Hawkeye, and Paveway. The company also designs, markets, and licenses software and middleware environments under the MultiCore Plus name to accelerate development and execution of signal and image processing applications on a range of heterogeneous and multi-computing platforms. In addition, it offers hardware products, including components, such as power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; embedded processing modules and boards, switch fabric boards, high speed input/output boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was founded in 1981 and is headquartered in Andover, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electronic components & accessories
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNASDAQ:MRCY
CUSIP58937810
Phone978-256-1300
Debt
Debt-to-Equity Ratio0.26
Current Ratio3.95
Quick Ratio2.47
Price-To-Earnings
Trailing P/E Ratio43.92
Forward P/E Ratio37.65
P/E Growth2.91
Sales & Book Value
Annual Sales$408.59 million
Price / Sales4.93
Cash Flow$1.5241 per share
Price / Cash27.42
Book Value$15.11 per share
Price / Book2.77
Profitability
EPS (Most Recent Fiscal Year)$0.95
Net Income$24.87 million
Net Margins8.68%
Return on Equity6.83%
Return on Assets5.74%
Miscellaneous
Employees1,159
Outstanding Shares48,190,000
Market Cap$2,009.04
Mercury Systems (NASDAQ:MRCY) Frequently Asked Questions
What is Mercury Systems' stock symbol?
Mercury Systems trades on the NASDAQ under the ticker symbol "MRCY."
How were Mercury Systems' earnings last quarter?
Mercury Systems Inc (NASDAQ:MRCY) posted its quarterly earnings results on Tuesday, April, 24th. The technology company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by $0.05. The technology company had revenue of $116.30 million for the quarter, compared to analysts' expectations of $128.45 million. Mercury Systems had a net margin of 8.68% and a return on equity of 6.83%. The company's revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 earnings per share. View Mercury Systems' Earnings History.
When is Mercury Systems' next earnings date?
What guidance has Mercury Systems issued on next quarter's earnings?
Mercury Systems issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $1.35-1.38 for the period, compared to the Thomson Reuters consensus estimate of $1.40. The company issued revenue guidance of $487-492 million, compared to the consensus revenue estimate of $489.40 million.Mercury Systems also updated its Q4 guidance to $0.40-0.43 EPS.
What price target have analysts set for MRCY?
6 equities research analysts have issued 12 month price objectives for Mercury Systems' stock. Their forecasts range from $35.00 to $61.00. On average, they expect Mercury Systems' stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price. View Analyst Ratings for Mercury Systems.
What is the consensus analysts' recommendation for Mercury Systems?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Mercury Systems stock?
Here are some recent quotes from research analysts about Mercury Systems stock:
- 1. According to Zacks Investment Research, "Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company's products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. " (6/26/2018)
- 2. Noble Financial analysts commented, "ELY reported 3Q17 adjusted EPS of $0.05, vs. FBR/consensus of ($0.05)/($0.04), reflecting solid +30% sales growth (vs. FBR/consensus: +12.2%/+11.4%). GM leverage was +140 bps (FBR/consensus: +20 bps/+130 bps), with operating expense leverage of +527 bps (FBR/consensus: –60 bps/–75bps). Management raised 2017 top-line guidance to $1,030M–$1,040M (vs. prior $980M–$995M) and EPS of $0.47–$0.51 (vs. $0.40–$0.45 and FBR/Street of $0.44). This was a very solid report and shows that ELY continues to gain market share in both balls and clubs, which is driving greater scale and profit. We continue to like ELY , given its potential for significant growth and margin expansion over the next few years, driven by: (1) market share gains; (2) greater scale, driving leverage in its highly variable cost structure; (3) acquisition opportunities; (4) supply-chain efficiencies; (5) its minority stake in Topgolf, which is rapidly growing; and (6) golf consolidation/improved fundamentals." (10/26/2017)
Who are some of Mercury Systems' key competitors?
Some companies that are related to Mercury Systems include Minebea Mitsumi (MNBEY), Hubbell (HUBB), Universal Display (OLED), Vishay Intertechnology (VSH), AVX (AVX), KEMET (KEM), Control4 (CTRL), Vishay Precision Group (VPG), IntriCon (IIN), Micronet Enertec Technologies (MICT), Video Display (VIDE), ACS Motion Control (ACSEF), ELECTRONIC SYSTEMS TECHNOLOGY Common Stock (ELST) and Viewtran Group (VIEWF).
Who are Mercury Systems' key executives?
Mercury Systems' management team includes the folowing people:
- Mr. Mark Aslett, Pres, CEO & Director (Age 50)
- Mr. Didier M.C. Thibaud, Exec. VP & COO (Age 57)
- Mr. Christopher C. Cambria, Exec. VP, Gen. Counsel & Sec. (Age 59)
- Mr. Michael Ruppert, Exec. VP, CFO & Treasurer
- Ms. Michelle M. McCarthy, VP, Chief Accounting Officer & Controller (Age 37)
Has Mercury Systems been receiving favorable news coverage?
Press coverage about MRCY stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mercury Systems earned a coverage optimism score of 0.12 on Accern's scale. They also gave news coverage about the technology company an impact score of 45.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Mercury Systems' major shareholders?
Mercury Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (2.35%), Fred Alger Management Inc. (1.72%), Municipal Employees Retirement System of Michigan (0.03%) and Bank of Montreal Can (0.01%). Company insiders that own Mercury Systems stock include Charles A Speicher, Didier M C Thibaud, Gerald M Haines II, James K Bass, Mark Aslett, Michael A Daniels, Michael Ruppert and Vincent Vitto. View Institutional Ownership Trends for Mercury Systems.
Which major investors are selling Mercury Systems stock?
MRCY stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold Mercury Systems company stock in the last year include Charles A Speicher, Didier M C Thibaud, Gerald M Haines II, Mark Aslett and Vincent Vitto. View Insider Buying and Selling for Mercury Systems.
Which major investors are buying Mercury Systems stock?
MRCY stock was purchased by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Fred Alger Management Inc. and Bank of Montreal Can. Company insiders that have bought Mercury Systems stock in the last two years include Michael A Daniels and Michael Ruppert. View Insider Buying and Selling for Mercury Systems.
How do I buy shares of Mercury Systems?
Shares of MRCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mercury Systems' stock price today?
One share of MRCY stock can currently be purchased for approximately $41.79.
How big of a company is Mercury Systems?
Mercury Systems has a market capitalization of $2.01 billion and generates $408.59 million in revenue each year. The technology company earns $24.87 million in net income (profit) each year or $0.95 on an earnings per share basis. Mercury Systems employs 1,159 workers across the globe.
How can I contact Mercury Systems?
Mercury Systems' mailing address is 50 MINUTEMAN ROAD, ANDOVER MA, 01810. The technology company can be reached via phone at 978-256-1300.
MarketBeat Community Rating for Mercury Systems (NASDAQ MRCY)
MarketBeat's community ratings are surveys of what our community members think about Mercury Systems and other stocks. Vote "Outperform" if you believe MRCY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRCY will underperform the S&P 500 over the long term. You may vote once every thirty days.
