Y Intercept Hong Kong Ltd Takes Position in Mirion Technologies, Inc. (NYSE:MIR)

Y Intercept Hong Kong Ltd acquired a new stake in Mirion Technologies, Inc. (NYSE:MIR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 22,551 shares of the company's stock, valued at approximately $394,000.

Other large investors have also modified their holdings of the company. Quest Partners LLC raised its stake in Mirion Technologies by 680.5% during the 3rd quarter. Quest Partners LLC now owns 6,728 shares of the company's stock valued at $74,000 after acquiring an additional 5,866 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of Mirion Technologies during the third quarter worth approximately $111,000. Paloma Partners Management Co acquired a new stake in shares of Mirion Technologies during the third quarter worth $122,000. KBC Group NV grew its position in Mirion Technologies by 39.2% in the 4th quarter. KBC Group NV now owns 8,002 shares of the company's stock valued at $140,000 after buying an additional 2,254 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in Mirion Technologies in the 3rd quarter valued at $147,000. 78.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on MIR shares. Citigroup raised their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Robert W. Baird started coverage on shares of Mirion Technologies in a research report on Thursday, December 19th. They issued an "outperform" rating and a $22.00 price objective for the company. The Goldman Sachs Group boosted their target price on Mirion Technologies from $16.00 to $21.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Finally, Baird R W raised Mirion Technologies to a "strong-buy" rating in a research note on Thursday, December 19th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $19.25.

Remove Ads

Mirion Technologies Price Performance

MIR traded down $0.12 on Friday, hitting $14.27. 919,637 shares of the company were exchanged, compared to its average volume of 1,578,882. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The firm has a market capitalization of $3.31 billion, a P/E ratio of -75.12 and a beta of 0.74. The business's fifty day moving average is $16.25 and its 200 day moving average is $14.65.

Mirion Technologies (NYSE:MIR - Get Free Report) last released its quarterly 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 positive return on equity of 4.78% and a negative net margin of 4.21%. As a group, sell-side analysts anticipate that Mirion Technologies, Inc. will post 0.39 EPS for the current year.

About Mirion Technologies

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.