Mirion Technologies, Inc. (NYSE:MIR) Given Consensus Recommendation of “Buy” by Analysts

Mirion Technologies, Inc. (NYSE:MIR) has earned an average rating of “Buy” from the five brokerages that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $19.25.

MIR has been the subject of a number of recent research reports. Robert W. Baird began coverage on shares of Mirion Technologies in a research report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price objective for the company. The Goldman Sachs Group boosted their price target on Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Citigroup raised their price objective on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Finally, Baird R W raised Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th.

Mirion Technologies Trading Up 1.7 %

Mirion Technologies stock opened at $16.44 on Friday. Mirion Technologies has a 52-week low of $9.11 and a 52-week high of $18.81. The company has a market cap of $3.82 billion, a P/E ratio of -48.35 and a beta of 0.73. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The business has a 50-day simple moving average of $17.00 and a two-hundred day simple moving average of $14.07.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. Analysts predict that Mirion Technologies will post 0.33 EPS for the current year.

Institutional Trading of Mirion Technologies

Several hedge funds have recently made changes to their positions in MIR. Quest Partners LLC raised its position in Mirion Technologies by 680.5% during the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock valued at $74,000 after purchasing an additional 5,866 shares during the period. US Bancorp DE increased its position in shares of Mirion Technologies by 3,248.7% during the 4th quarter. US Bancorp DE now owns 6,262 shares of the company’s stock valued at $109,000 after purchasing an additional 6,075 shares during the last quarter. SkyView Investment Advisors LLC purchased a new stake in Mirion Technologies during the 3rd quarter valued at $111,000. Integrated Advisors Network LLC bought a new stake in Mirion Technologies in the third quarter worth $120,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in Mirion Technologies in the fourth quarter worth $120,000. 78.51% of the stock is currently owned by hedge funds and other 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.