Shares of Mirion Technologies, Inc. (NYSE:MIR - Get Free Report) have earned a consensus rating of "Buy" from the five research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $19.25.
Several equities analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Mirion Technologies from $16.00 to $21.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. B. Riley assumed coverage on Mirion Technologies in a research note on Thursday, September 26th. They issued a "buy" rating and a $14.00 price target on the stock. Citigroup raised their price objective on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Baird R W upgraded shares of Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, Robert W. Baird initiated coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They set an "outperform" rating and a $22.00 target price on the stock.
Check Out Our Latest Research Report on MIR
Insider Buying and Selling
In other news, insider Emmanuelle Lee sold 3,405 shares of Mirion Technologies stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $14.27, for a total value of $48,589.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas D. Logan sold 7,500 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $14.11, for a total value of $105,825.00. Following the sale, the chief executive officer now directly owns 1,544,017 shares in the company, valued at $21,786,079.87. This trade represents a 0.48 % decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.
Institutional Trading of Mirion Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of Mirion Technologies in the 3rd quarter worth $170,000. SkyView Investment Advisors LLC purchased a new stake in Mirion Technologies during the 3rd quarter valued at $111,000. Geode Capital Management LLC grew its stake in shares of Mirion Technologies by 3.4% in the third quarter. Geode Capital Management LLC now owns 4,502,455 shares of the company's stock worth $49,851,000 after purchasing an additional 147,408 shares during the last quarter. Barclays PLC grew its position in shares of Mirion Technologies by 325.0% in the 3rd quarter. Barclays PLC now owns 307,680 shares of the company's stock worth $3,405,000 after buying an additional 235,288 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Mirion Technologies in the third quarter valued at $303,000. Institutional investors own 78.51% of the company's stock.
Mirion Technologies Price Performance
MIR traded up $0.20 during trading on Tuesday, hitting $16.07. 671,584 shares of the stock traded hands, compared to its average volume of 1,771,511. The business has a 50 day moving average price of $16.82 and a 200 day moving average price of $13.26. The company has a market cap of $3.73 billion, a price-to-earnings ratio of -47.26 and a beta of 0.75. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. Mirion Technologies has a twelve month low of $9.11 and a twelve month high of $18.81.
Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. The company had revenue of $206.80 million for the quarter, compared to analyst estimates of $203.67 million. During the same quarter in the prior year, the company earned $0.03 earnings per share. Mirion Technologies's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities research analysts forecast that Mirion Technologies will post 0.33 earnings per share for the current fiscal year.
Mirion Technologies Company Profile
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Get Free ReportMirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.
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