Mirion Technologies (NYSE:MIR) Issues Earnings Results, Beats Expectations By $0.02 EPS

Mirion Technologies (NYSE:MIR) posted its earnings results on Tuesday. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02, Zacks reports. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. Mirion Technologies updated its FY 2025 guidance to 0.450-0.500 EPS.

Mirion Technologies Price Performance

Shares of MIR stock traded down $0.15 during trading hours on Tuesday, reaching $16.16. 2,083,548 shares of the company were exchanged, compared to its average volume of 2,032,644. Mirion Technologies has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The stock’s fifty day moving average is $17.02 and its two-hundred day moving average is $14.03. The company has a market cap of $3.75 billion, a price-to-earnings ratio of -47.51 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Baird R W raised shares of Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. Robert W. Baird assumed coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They issued an “outperform” rating and a $22.00 target price on the stock. Citigroup upped their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group upped their target price on shares of Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $19.25.

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.