About Mercury Systems (NASDAQ:MRCY)
Mercury Systems, Inc. is a commercial provider of secure processing subsystems designed and made in the United States. The Company's solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components. It designs and builds RF and microwave components and subsystems for the electronic warfare (EW), signals intelligence (SIGINT) and other communications requirements and applications. It offers analyst services and systems engineering support, consulting, maintenance and other support, testing and installation. It designs, markets and sells software and middleware environments for the development and execution of signal and image processing applications on a range of heterogeneous and multi-computing platforms. It also offers solutions in mission computing, safety-critical avionics and platform management.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Aerospace & Defense
- Sub-Industry: Electronic Manufacturing Services
- Symbol: NASDAQ:MRCY
- CUSIP: 58937810
- Web: www.mrcy.com
- Market Cap: $2.52311 billion
- Outstanding Shares: 48,105,000
- 50 Day Moving Avg: $50.09
- 200 Day Moving Avg: $43.77
- 52 Week Range: $22.31 - $53.56
Sales & Book Value:
- Trailing P/E Ratio: 90.43
- Foreward P/E Ratio: 44.83
- P/E Growth: 3.47
- Annual Revenue: $408.59 million
- Price / Sales: 6.18
- Book Value: $15.67 per share
- Price / Book: 3.35
- EBITDA: $77.23 million
- Net Margins: 6.09%
- Return on Equity: 4.87%
- Return on Assets: 3.56%
- Current Ratio: 3.38%
- Quick Ratio: 2.27%
- Average Volume: 306,414 shs.
- Beta: 0.41
- Short Ratio: 7.13
Frequently Asked Questions for Mercury Systems (NASDAQ:MRCY)
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) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $0.32 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.08. The firm earned $115.60 million during the quarter, compared to analysts' expectations of $115.11 million. Mercury Systems had a net margin of 6.09% and a return on equity of 4.87%. Mercury Systems's quarterly revenue was up 35.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.23 EPS. View Mercury Systems' Earnings History.
When will Mercury Systems make its next earnings announcement?
What guidance has Mercury Systems issued on next quarter's earnings?
Mercury Systems updated its FY18 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $1.15-1.23 for the period, compared to the Thomson Reuters consensus estimate of $1.28. The company issued revenue guidance of $453.0 million, compared to the consensus revenue estimate of $460.94 million.Mercury Systems also updated its Q1 guidance to $0.24-0.26 EPS.
Where is Mercury Systems' stock going? Where will Mercury Systems' stock price be in 2017?
7 analysts have issued twelve-month price targets for Mercury Systems' stock. Their predictions range from $34.00 to $51.00. On average, they anticipate Mercury Systems' stock price to reach $45.20 in the next twelve months. View Analyst Ratings for Mercury Systems.
What are 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. " (10/4/2017)
- 2. Citigroup Inc. analysts commented, "We review our Buy thesis on Mercury Systems after spending time with management recently. MRCY has come a long way in the last year with LTM sales +40%, EBITDA +50% & the stock +130%. But, we think there's more to go in light of our view that the company fits nicely within an evolving defense paradigm as outlined in our March 1 deep-dive. We initiated coverage on the company with a Buy in June 2016 highlighting benefits from a positive budget backdrop & improving outsourcing trends. We stand by those conclusions & reiterate our Buy as MRCY continues to expand its reach. PT rises on higher estimates. And we continue to see a path to ~$60 over time given customer outsourcing behavior." (3/20/2017)
- 3. Jefferies Group LLC analysts commented, "MRCY reported GAAP EPS from cont. ops of $0.13 for FQ2:17, ahead of our forecast of $0.11. Better operations accounted for the beat. Adjusted for acquisition expense and one-time items, EPS was $0.30, $0.05 better than our estimate. We are increasing our FY17 and FY Adjusted EPS estimates to $1.14 and $1.60, respectively, from $1.08 and $1.50. The FY17 boost reflects Q2 performance and the contribution from the recently closed CES acquisition." (1/24/2017)
Who are some of Mercury Systems' key competitors?
Some companies that are related to Mercury Systems include Moog (MOG.A), Cobham plc (COB), Esterline Technologies Corporation (ESL), DigitalGlobe (DGI), Triumph Group (TGI), Cubic Corporation (CUB), QinetiQ Group plc (QQ), Kratos Defense & Security Solutions (KTOS), Ultra Electronics Holdings plc (ULE), AeroVironment (AVAV), TASER International (AAXN), Astronics Corporation (ATRO), Chemring Group plc (CHG), Avation PLC (AVAP), American Science & Engineering (ASEI), B/E Aerospace (BEAV), Colliers International UK PLC (COL) and Exelis (XLS).
Who are Mercury Systems' key executives?
Mercury Systems' management team includes the folowing people:
- Vincent Vitto, Independent Chairman of the Board
- Mark Aslett, President, Chief Executive Officer, Director
- Didier M.C. Thibaud, Chief Operating Officer, Executive Vice President
- Christopher C. Cambria, Executive Vice President, General Counsel, Secretary
- Charles A. Speicher, Vice President, Chief Accounting Officer, Controller
- Gerald M. Haines II, Chief Financial Officer, Executive Vice President, Treasurer
- Lisa S. Disbrow, Director
- Mary Louise Krakauer, Director
- James K. Bass, Independent Director
- Michael Alan Daniels, Independent Director
Who owns Mercury Systems stock?
Mercury Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LS Investment Advisors LLC (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 and Vincent Vitto. View Institutional Ownership Trends for Mercury Systems.
Who bought Mercury Systems stock? Who is buying Mercury Systems stock?
How do I buy Mercury Systems stock?
Shares of Mercury Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mercury Systems' stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Mercury Systems stock can currently be purchased for approximately $52.45.
Consensus Ratings for Mercury Systems (NASDAQ:MRCY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.71)|
|Consensus Price Target: ||$45.20 (13.82% downside)|Consensus Price Target History for Mercury Systems (NASDAQ:MRCY)
Analysts' Ratings History for Mercury Systems (NASDAQ:MRCY)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||N/A|
|8/3/2017||Noble Financial||Reiterated Rating||Hold||Medium|
|8/2/2017||Jefferies Group LLC||Reiterated Rating||Hold||$45.00||High|
|3/20/2017||Citigroup Inc.||Boost Price Target||Buy||$48.00||Medium|
|3/9/2017||J P Morgan Chase & Co||Initiated Coverage||Overweight -> Overweight||$48.00||Low|
|1/24/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||N/A|
|1/20/2017||Robert W. Baird||Reiterated Rating||Outperform||$34.00||N/A|
|8/25/2016||Drexel Hamilton||Initiated Coverage||Buy||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|1/27/2016||William Blair||Reiterated Rating||Outperform||N/A|
Earnings History for Mercury Systems (NASDAQ:MRCY)Earnings History by Quarter for Mercury Systems (NASDAQ MRCY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q4 2017||$0.24||$0.32||$115.11 million||$115.60 million||View||Listen|
|4/25/2017||Q3 2017||$0.14||$0.16||$105.54 million||$107.30 million||View||N/A|
|1/23/2017||Q2 2017||$0.11||$0.30||$93.21 million||$98.00 million||View||N/A|
|10/25/2016||Q1||$0.14||$0.22||$85.08 million||$87.65 million||View||Listen|
|4/26/2016||Q3||$0.14||$0.25||$65.50 million||$65.90 million||View||Listen|
|1/26/2016||Q2||$0.11||$0.23||$59.79 million||$60.42 million||View||Listen|
|10/27/2015||Q116||$0.07||$0.19||$57.10 million||$58.40 million||View||Listen|
|8/4/2015||Q415||$0.12||$0.18||$63.64 million||$64.10 million||View||N/A|
|4/28/2015||Q315||$0.13||$0.18||$58.84 million||$59.60 million||View||N/A|
|1/27/2015||Q215||$0.04||$0.09||$56.36 million||$57.10 million||View||N/A|
|10/28/2014||Q115||($0.03)||$0.02||$53.40 million||$54.10 million||View||N/A|
|8/5/2014||Q414||($0.04)||$0.06||$55.62 million||$53.70 million||View||Listen|
|4/29/2014||Q314||($0.12)||($0.02)||$54.77 million||$55.50 million||View||Listen|
|1/27/2014||Q214||($0.07)||($0.03)||$52.63 million||$53.10 million||View||N/A|
|10/29/2013||Q114||($0.10)||($0.07)||$52.62 million||$53.90 million||View||N/A|
|8/6/2013||Q4 2013||($0.08)||$0.01||$52.41 million||$55.40 million||View||N/A|
|4/30/2013||Q3 2013||($0.05)||$0.03||$47.86 million||$54.10 million||View||N/A|
|1/29/2013||Q2 2013||($0.20)||($0.16)||$47.28 million||$49.80 million||View||Listen|
Earnings Estimates for Mercury Systems (NASDAQ:MRCY)
2017 EPS Consensus Estimate: $0.50
2018 EPS Consensus Estimate: $1.02
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Mercury Systems (NASDAQ:MRCY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Mercury Systems (NASDAQ:MRCY)
Insider Ownership Percentage: 3.50%Insider Trades by Quarter for Mercury Systems (NASDAQ:MRCY)
Institutional Ownership Percentage: 96.43%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/2/2017||Gerald M Haines II||CFO||Sell||2,500||$51.94||$129,850.00|| |
|9/12/2017||Mark Aslett||Insider||Sell||9,600||$47.32||$454,272.00|| |
|9/11/2017||Mark Aslett||CEO||Sell||4,800||$47.42||$227,616.00|| |
|8/7/2017||Charles A Speicher||VP||Sell||7,000||$44.09||$308,630.00|| |
|6/14/2017||Mark Aslett||Insider||Sell||9,400||$38.04||$357,576.00|| |
|6/2/2017||Mark Aslett||Insider||Sell||9,600||$39.54||$379,584.00|| |
|5/16/2017||Mark Aslett||Insider||Sell||9,600||$40.26||$386,496.00|| |
|5/8/2017||Didier M C Thibaud||COO||Sell||30,000||$40.41||$1,212,300.00|| |
|5/5/2017||Mark Aslett||Insider||Sell||9,600||$39.92||$383,232.00|| |
|4/28/2017||Michael A Daniels||Director||Buy||2,683||$37.31||$100,102.73|| |
|3/15/2017||Mark Aslett||Insider||Sell||9,600||$38.79||$372,384.00|| |
|3/2/2017||Mark Aslett||Insider||Sell||9,600||$37.80||$362,880.00|| |
|2/17/2017||Mark Aslett||Insider||Sell||9,600||$37.15||$356,640.00|| |
|1/31/2017||Mark Aslett||Insider||Sell||9,600||$33.65||$323,040.00|| |
|12/13/2016||Gerald M Haines II||CFO||Sell||30,000||$31.40||$942,000.00|| |
|12/13/2016||Mark Aslett||Insider||Sell||9,600||$31.49||$302,304.00|| |
|12/1/2016||Mark Aslett||Insider||Sell||9,600||$29.72||$285,312.00|| |
|11/23/2016||Charles A Speicher||VP||Sell||15,666||$30.90||$484,079.40|| |
|11/16/2016||Mark Aslett||Insider||Sell||109,600||$31.80||$3,485,280.00|| |
|11/14/2016||Vincent Vitto||Director||Sell||4,500||$31.44||$141,480.00|| |
|11/10/2016||James K Bass||Director||Sell||7,375||$29.60||$218,300.00|| |
|11/1/2016||Mark Aslett||Insider||Sell||9,600||$27.32||$262,272.00|| |
|10/7/2016||Vincent Vitto||Director||Sell||8,000||$24.27||$194,160.00|| |
|5/5/2016||Didier M C Thibaud||COO||Sell||77,000||$20.54||$1,581,580.00|| |
|11/6/2015||Mark Aslett||CEO||Sell||15,000||$18.09||$271,350.00|| |
|11/3/2015||Vincent Vitto||Director||Sell||16,000||$16.92||$270,720.00|| |
|8/18/2015||Charles A Speicher||CAO||Sell||2,052||$15.59||$31,990.68|| |
|8/18/2015||Didier M C Thibaud||Insider||Sell||6,513||$15.59||$101,537.67|| |
|8/18/2015||Gerald M Haines II||CFO||Sell||7,288||$15.59||$113,619.92|| |
|8/18/2015||Mark Aslett||CEO||Sell||18,337||$15.59||$285,873.83|| |
|5/27/2015||Didier M C Thibaud||Insider||Sell||31,000||$13.53||$419,430.00|| |
|12/15/2014||Gerald M Haines II||CFO||Buy||7,500||$13.10||$98,250.00|| |
|11/17/2014||Charles A Speicher||CAO||Sell||8,200||$13.25||$108,650.00|| |
|11/5/2014||Mark Aslett||CEO||Sell||48,000||$13.60||$652,800.00|| |
|9/16/2014||Charles A Speicher||CAO||Sell||2,964||$11.06||$32,781.84|| |
|8/22/2014||Charles A Speicher||CAO||Sell||5,101||$10.89||$55,549.89|| |
|8/22/2014||Didier M C Thibaud||Insider||Sell||34,719||$10.89||$378,089.91|| |
|8/22/2014||Gerald M Haines II||SVP||Sell||15,876||$10.89||$172,889.64|| |
|8/22/2014||Kevin M Bisson||CFO||Sell||17,244||$10.89||$187,787.16|| |
|8/22/2014||Mark Aslett||CEO||Sell||86,181||$10.89||$938,511.09|| |
|7/16/2014||Gerald M Haines II||SVP||Sell||5,883||$11.61||$68,301.63|| |
|9/17/2013||Charles Speicher||CAO||Sell||3,007||$9.14||$27,483.98|| |
|8/20/2013||Didier Thibaud||Insider||Sell||15,258||$8.93||$136,253.94|| |
|8/20/2013||Mark Aslett||CEO||Sell||26,259||$8.93||$234,492.87|| |
|8/16/2013||Charles Speicher||CAO||Sell||2,627||$8.92||$23,432.84|| |
|8/16/2013||Didier Thibaud||Insider||Sell||18,687||$8.92||$166,688.04|| |
|8/16/2013||Gerald Haines II||SVP||Sell||9,656||$8.92||$86,131.52|| |
|8/16/2013||Kevin Bisson||CFO||Sell||5,520||$8.92||$49,238.40|| |
|8/16/2013||Mark Aslett||CEO||Sell||46,392||$8.92||$413,816.64|| |
|7/16/2013||Gerald M Haines II||SVP||Sell||5,901||$10.14||$59,836.14|| |
|1/17/2013||Kevin M Bisson||CFO||Sell||7,011||$7.89||$55,316.79|| |
|11/6/2012||Lee C Steele||Director||Buy||5,000||$8.15||$40,750.00|| |
Headline Trends for Mercury Systems (NASDAQ:MRCY)
Latest Headlines for Mercury Systems (NASDAQ:MRCY)
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Mercury Systems (MRCY) Chart for Sunday, October, 22, 2017