Market Watch Highlights: Mirion Technologies Inc. (MIR) Ends on an Downturn Note at 10.20

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As of close of business last night, Mirion Technologies Inc.’s stock clocked out at $10.20, down -6.16% from its previous closing price of $10.87. In other words, the price has decreased by -$6.16 from its previous closing price. On the day, 5.73 million shares were traded. MIR stock price reached its highest trading level at $10.55 during the session, while it also had its lowest trading level at $9.72.

Ratios:

To gain a deeper understanding of MIR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.

On March 24, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $13.

On November 29, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $14.Goldman initiated its Buy rating on November 29, 2021, with a $14 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 20 ’24 when Schopfer Brian sold 90,910 shares for $11.00 per share. The transaction valued at 1,000,010 led to the insider holds 211,167 shares of the business.

Moore Christopher A. sold 3,430 shares of MIR for $27,166 on May 30 ’23. The Chief Accounting Officer (PAO) now owns 32,206 shares after completing the transaction at $7.92 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIR now has a Market Capitalization of 2319163648 and an Enterprise Value of 2696235776. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 3.323 whereas that against EBITDA is 17.373.

Stock Price History:

The Beta on a monthly basis for MIR is 0.81, which has changed by 0.2099644 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, MIR has reached a high of $11.49, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is -3.61%, while the 200-Day Moving Average is calculated to be 12.95%.

Shares Statistics:

It appears that MIR traded 1.28M shares on average per day over the past three months and 1676050 shares per day over the past ten days. A total of 218.18M shares are outstanding, with a floating share count of 208.94M. Insiders hold about 7.80% of the company’s shares, while institutions hold 78.68% stake in the company. Shares short for MIR as of 1713139200 were 7019571 with a Short Ratio of 5.49, compared to 1710460800 on 5878968. Therefore, it implies a Short% of Shares Outstanding of 7019571 and a Short% of Float of 3.53.

Earnings Estimates

The dynamic stock of Mirion Technologies Inc. (MIR) is currently being evaluated by a team of 3.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.09, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.09, with high estimates of $0.09 and low estimates of $0.09.

Analysts are recommending an EPS of between $0.4 and $0.38 for the fiscal current year, implying an average EPS of $0.39. EPS for the following year is $0.49, with 3.0 analysts recommending between $0.52 and $0.46.

Revenue Estimates

In the current quarter, 3 analysts expect revenue to total $209.35M. It ranges from a high estimate of $209.95M to a low estimate of $209.01M. As of the current estimate, Mirion Technologies Inc.’s year-ago sales were $190.49MFor the next quarter, 3 analysts are estimating revenue of $205.01M. There is a high estimate of $207.9M for the next quarter, whereas the lowest estimate is $203.42M.

A total of 3 analysts have provided revenue estimates for MIR’s current fiscal year. The highest revenue estimate was $851.4M, while the lowest revenue estimate was $845.84M, resulting in an average revenue estimate of $848.25M. In the same quarter a year ago, actual revenue was $800.9MBased on 3 analysts’ estimates, the company’s revenue will be $893.76M in the next fiscal year. The high estimate is $900M and the low estimate is $884.42M.

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