Media headlines about Mercury Systems (NASDAQ:MRCY) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mercury Systems earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.9409599899332 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Analysts Expect Mercury Systems Inc (MRCY) to Post $0.30 EPS (americanbankingnews.com)
- Mercury Systems Receives $4.6M GPS Filter Amplifier Order for Precision Guided Munitions Application – GlobeNewswire (press release) (globenewswire.com)
- Mercury Systems Receives $4.6M GPS Filter Amplifier Order for Precision Guided Munitions Application (finance.yahoo.com)
- SunTrust Banks Research Analysts Increase Earnings Estimates for Mercury Systems Inc (MRCY) (americanbankingnews.com)
Several equities research analysts recently commented on MRCY shares. Zacks Investment Research raised Mercury Systems from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a research report on Tuesday, October 31st. Robert W. Baird reaffirmed a “buy” rating and set a $48.00 price objective on shares of Mercury Systems in a research report on Tuesday, October 24th. SunTrust Banks reaffirmed a “buy” rating on shares of Mercury Systems in a research report on Friday, October 20th. BidaskClub raised Mercury Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Finally, Noble Financial reaffirmed a “hold” rating on shares of Mercury Systems in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $53.33.
Mercury Systems (MRCY) opened at $51.46 on Friday. Mercury Systems has a 1-year low of $29.43 and a 1-year high of $55.00. The firm has a market capitalization of $2,480.00, a PE ratio of 59.84, a price-to-earnings-growth ratio of 4.29 and a beta of 0.23.
Mercury Systems (NASDAQ:MRCY) last posted its earnings results on Tuesday, October 24th. The technology company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. Mercury Systems had a return on equity of 6.51% and a net margin of 9.14%. The company had revenue of $106.10 million for the quarter, compared to the consensus estimate of $105.18 million. During the same quarter in the prior year, the company earned $0.22 earnings per share. Mercury Systems’s revenue was up 21.1% on a year-over-year basis. equities analysts anticipate that Mercury Systems will post 1.12 earnings per share for the current fiscal year.
In other Mercury Systems news, Director Vincent Vitto sold 8,500 shares of the stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $52.04, for a total value of $442,340.00. Following the transaction, the director now owns 79,539 shares of the company’s stock, valued at $4,139,209.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark Aslett sold 9,600 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $52.17, for a total value of $500,832.00. The disclosure for this sale can be found here. In the last three months, insiders sold 62,300 shares of company stock worth $3,171,165. 3.50% of the stock is owned by corporate insiders.
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Mercury Systems Company Profile
Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.
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