B. Riley Cuts Mirion Technologies (NYSE:MIR) Price Target to $17.00

Mirion Technologies (NYSE:MIR - Free Report) had its price target reduced by B. Riley from $19.00 to $17.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock. B. Riley also issued estimates for Mirion Technologies' Q1 2025 earnings at $0.08 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.40 EPS.

A number of other equities analysts have also commented on MIR. Baird R W raised Mirion Technologies to a "strong-buy" rating in a report on Thursday, December 19th. Robert W. Baird cut their target price on Mirion Technologies from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Finally, Citigroup decreased their price target on Mirion Technologies from $20.00 to $17.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $18.75.

Mirion Technologies Stock Performance

NYSE:MIR traded down $0.05 during trading hours on Wednesday, reaching $13.79. The stock had a trading volume of 914,653 shares, compared to its average volume of 1,668,099. The stock has a market cap of $3.20 billion, a P/E ratio of -72.56 and a beta of 0.75. The stock has a 50 day simple moving average of $14.72 and a 200 day simple moving average of $15.52. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. Mirion Technologies has a 12-month low of $9.11 and a 12-month high of $18.81.

Mirion Technologies (NYSE:MIR - Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. On average, research analysts forecast that Mirion Technologies will post 0.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MIR. FMR LLC lifted its position in Mirion Technologies by 258.4% in the 3rd quarter. FMR LLC now owns 17,957 shares of the company's stock worth $199,000 after buying an additional 12,947 shares during the last quarter. State Street Corp boosted its stake in shares of Mirion Technologies by 2.7% in the 3rd quarter. State Street Corp now owns 5,365,728 shares of the company's stock valued at $59,399,000 after purchasing an additional 138,648 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Mirion Technologies in the 3rd quarter valued at $303,000. Barclays PLC raised its position in 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 purchasing an additional 235,288 shares during the period. Finally, Geode Capital Management LLC lifted its stake in 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. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Company Profile

Mirion 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.