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
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 Ratio39.80
Forward P/E Ratio34.06
P/E Growth3.28
Sales & Book Value
Annual Sales$408.59 million
Price / Sales4.46
Cash Flow$1.5179 per share
Price / Cash24.91
Book Value$15.11 per share
Price / Book2.50
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
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) released its earnings results on Tuesday, April, 24th. The technology company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.35 by $0.05. The technology company earned $116.30 million during the quarter, compared to analysts' expectations of $128.45 million. Mercury Systems had a return on equity of 6.83% and a net margin of 8.68%. The company's revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the company posted $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 EPS 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 brokers have issued 1-year price targets for Mercury Systems' shares. Their predictions range from $35.00 to $61.00. On average, they anticipate Mercury Systems' stock price to reach $52.00 in the next twelve months. View Analyst Ratings for Mercury Systems.
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. " (4/26/2018)
- 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 on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mercury Systems earned a media sentiment score of 0.17 on Accern's scale. They also assigned news headlines about the technology company an impact score of 45.58 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Mercury Systems' major shareholders?
Mercury Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.77%), Wells Fargo & Company MN (4.89%), Dimensional Fund Advisors LP (3.82%), Franklin Resources Inc. (3.36%), Bamco Inc. NY (2.29%) and OppenheimerFunds Inc. (2.00%). 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 institutional investors are selling Mercury Systems stock?
MRCY stock was sold by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Russell Investments Group Ltd., OppenheimerFunds Inc., RMB Capital Management LLC, Eagle Asset Management Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and King Luther Capital Management Corp. 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 institutional investors are buying Mercury Systems stock?
MRCY stock was acquired by a variety of institutional investors in the last quarter, including Stephens Investment Management Group LLC, BlackRock Inc., Wells Fargo & Company MN, Franklin Resources Inc., Baird Financial Group Inc., Fiera Capital Corp, Federated Investors Inc. PA and American Century Companies Inc.. 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 $37.81.
How big of a company is Mercury Systems?
Mercury Systems has a market capitalization of $1.82 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 (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.
