Mirion Technologies, Inc. (NYSE:MIR – Get Free Report) has earned an average recommendation of “Moderate Buy” from the ten analysts that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $25.12.
Several equities analysts recently commented on the stock. Citigroup cut their price target on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. B. Riley Financial decreased their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Weiss Ratings upgraded Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Morgan Stanley cut their target price on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, July 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $23.00 price target on shares of Mirion Technologies in a report on Wednesday, July 29th.
Mirion Technologies Stock Up 2.7%
Mirion Technologies (NYSE:MIR – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $266.80 million for the quarter, compared to the consensus estimate of $269.32 million. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, analysts predict that Mirion Technologies will post 0.55 earnings per share for the current year.
Institutional Trading of Mirion Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP grew its holdings in shares of Mirion Technologies by 31.2% in the second quarter. Wellington Management Group LLP now owns 1,098,987 shares of the company’s stock worth $19,705,000 after purchasing an additional 261,175 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Mirion Technologies by 17.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,139,037 shares of the company’s stock valued at $26,676,000 after buying an additional 167,454 shares in the last quarter. Madison Asset Management LLC bought a new stake in Mirion Technologies during the 2nd quarter valued at about $3,407,000. Tidal Investments LLC boosted its position in Mirion Technologies by 8.5% in the 2nd quarter. Tidal Investments LLC now owns 840,683 shares of the company’s stock valued at $15,073,000 after buying an additional 65,670 shares during the period. Finally, Lazard Asset Management LLC boosted its position in Mirion Technologies by 125.4% in the 1st quarter. Lazard Asset Management LLC now owns 322,421 shares of the company’s stock valued at $5,994,000 after buying an additional 179,358 shares during the period. Hedge funds and other institutional investors own 78.51% of the company’s stock.
About Mirion Technologies
Mirion Technologies, Inc provides radiation detection, measurement, and analysis solutions for customers operating in highly regulated and safety-sensitive environments. The company develops hardware, software, and services used to monitor radiation, protect personnel, manage nuclear materials, and support compliance with industry and government standards.
Its offerings include radiation detectors and spectrometers, personal dosimetry and health-physics systems, nuclear instrumentation and control equipment, contamination monitoring systems, and related data-management software.
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