Mercury Systems Company Profile (NASDAQ:MRCY)

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

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.

Mercury Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Mercury Systems.

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.

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.

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)

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).

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

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.

Mercury Systems' stock was bought by a variety of institutional investors in the last quarter, including LS Investment Advisors LLC. View Insider Buying and Selling for Mercury Systems.

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.

One share of Mercury Systems stock can currently be purchased for approximately $52.45.