Mercury Systems Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Mercury Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRCY, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Mercury Systems a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Mercury Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Mercury Systems saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,480,000 shares, an increase of 37.0% from the August 15th total of 1,080,000 shares. Based on an average daily trading volume, of 427,900 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.7% of the shares of the company are short sold.
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Mercury Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Mercury Systems.

Mercury Systems, Inc. (NASDAQ:MRCY) announced its quarterly earnings data on Tuesday, August, 3rd. The technology company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.16. The technology company had revenue of $250.84 million for the quarter, compared to analysts' expectations of $242.75 million. Mercury Systems had a net margin of 6.71% and a trailing twelve-month return on equity of 7.72%.
View Mercury Systems' earnings history.

Mercury Systems' stock was trading at $68.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MRCY shares have decreased by 33.6% and is now trading at $45.82.
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Mercury Systems updated its FY 2022 earnings guidance on Tuesday, August, 10th. The company provided earnings per share guidance of $2.450-$2.550 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.610. The company issued revenue guidance of $1 billion-$1.03 billion, compared to the consensus revenue estimate of $1.05 billion.

8 brokerages have issued twelve-month price targets for Mercury Systems' stock. Their forecasts range from $56.00 to $100.00. On average, they expect Mercury Systems' share price to reach $72.00 in the next twelve months. This suggests a possible upside of 57.1% from the stock's current price.
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291 employees have rated Mercury Systems CEO Mark Aslett on Glassdoor.com. Mark Aslett has an approval rating of 98% among Mercury Systems' employees. This puts Mark Aslett in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Mercury Systems include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), Methode Electronics (MEI), TTM Technologies (TTMI), CTS (CTS), Benchmark Electronics (BHE), Park Aerospace (PKE), Key Tronic (KTCC) and Neonode (NEON).
View all of MRCY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury Systems investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), The Boeing (BA), AT&T (T), Cisco Systems (CSCO), Netflix (NFLX), Skyworks Solutions (SWKS), Micron Technology (MU) and PayPal (PYPL).

Mercury Systems trades on the NASDAQ under the ticker symbol "MRCY."

Mercury Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.63%), Vanguard Group Inc. (9.19%), William Blair Investment Management LLC (6.03%), Conestoga Capital Advisors LLC (4.99%), State Street Corp (3.99%) and Federated Hermes Inc. (3.64%). Company insiders that own Mercury Systems stock include Christopher C Cambria, Didier M C Thibaud, Mark Aslett, Michael Ruppert and Michelle M Mccarthy.
View institutional ownership trends for Mercury Systems.

MRCY stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Federated Hermes Inc., UBS Asset Management Americas Inc., American Century Companies Inc., Marshall Wace North America L.P., Morgan Stanley, and Morgan Stanley. Company insiders that have sold Mercury Systems company stock in the last year include Mark Aslett, Michael Ruppert, and Michelle M Mccarthy.
View insider buying and selling activity for Mercury Systems or view top insider-selling stocks.

MRCY stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Conestoga Capital Advisors LLC, The Manufacturers Life Insurance Company , Royal Bank of Canada, Cambiar Investors LLC, Bamco Inc. NY, NFJ Investment Group LLC, and State Street Corp.
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Shares of MRCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MRCY stock can currently be purchased for approximately $45.82.

Mercury Systems has a market capitalization of $2.61 billion and generates $924 million in revenue each year. The technology company earns $62.04 million in net income (profit) each year or $2.01 on an earnings per share basis.

Mercury Systems employs 2,384 workers across the globe.

The official website for Mercury Systems is www.mrcy.com.

Mercury Systems is headquartered at 50 MINUTEMAN ROAD, ANDOVER MA, 01810.

Mercury Systems' mailing address is 50 MINUTEMAN ROAD, ANDOVER MA, 01810. The technology company can be reached via phone at (978) 256-1300 or via email at [email protected]