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After finishing at $28.77 in the prior trading day, Mercury Systems Inc (NASDAQ: MRCY) closed at $28.83, up 0.21%. In other words, the price has increased by $0.21 from its previous closing price. On the day, 0.78 million shares were traded. MRCY stock price reached its highest trading level at $29.319 during the session, while it also had its lowest trading level at $27.7.
Ratios:
Our goal is to gain a better understanding of MRCY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.93 and its Current Ratio is at 4.58. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on February 07, 2024, Downgraded its rating to Hold and sets its target price to $28 from $48 previously.
On January 10, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $37 to $24.
Jefferies Downgraded its Hold to Underperform on January 03, 2024, whereas the target price for the stock was revised from $35 to $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’24 when Ratner Steven sold 129 shares for $28.75 per share. The transaction valued at 3,709 led to the insider holds 0 shares of the business.
Ratner Steven sold 1,895 shares of MRCY for $55,988 on Feb 16 ’24. The EVP, CHRO now owns 52,604 shares after completing the transaction at $29.55 per share. On Feb 16 ’24, another insider, Wells Charles Roger IV, who serves as the EVP, COO of the company, sold 1,696 shares for $29.57 each. As a result, the insider received 50,154 and left with 105,427 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRCY now has a Market Capitalization of 1710945152 and an Enterprise Value of 1821102336. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 2.168 whereas that against EBITDA is -52.447.
Stock Price History:
Over the past 52 weeks, MRCY has reached a high of $43.84, while it has fallen to a 52-week low of $25.31. The 50-Day Moving Average of the stock is 0.01%, while the 200-Day Moving Average is calculated to be -14.07%.
Shares Statistics:
The stock has traded on average 503.92K shares per day over the past 3-months and 551250 shares per day over the last 10 days, according to various share statistics. A total of 59.37M shares are outstanding, with a floating share count of 57.26M. Insiders hold about 3.56% of the company’s shares, while institutions hold 103.30% stake in the company. Shares short for MRCY as of 1713139200 were 4106576 with a Short Ratio of 8.15, compared to 1710460800 on 3766264. Therefore, it implies a Short% of Shares Outstanding of 4106576 and a Short% of Float of 7.04.
Earnings Estimates
The current rating of Mercury Systems Inc (MRCY) reflects the combined expertise of 10.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.51 and a low estimate of -$0.13, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.0, with high estimates of $0.12 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.07 and -$1.0 for the fiscal current year, implying an average EPS of -$0.75. EPS for the following year is $0.48, with 9.0 analysts recommending between $1.05 and -$0.57.
Revenue Estimates
10 analysts predict $224.26M in revenue for the current quarter. It ranges from a high estimate of $245.4M to a low estimate of $197.28M. As of the current estimate, Mercury Systems Inc’s year-ago sales were $253.24MFor the next quarter, 10 analysts are estimating revenue of $195.38M. There is a high estimate of $213.26M for the next quarter, whereas the lowest estimate is $183.31M.
A total of 10 analysts have provided revenue estimates for MRCY’s current fiscal year. The highest revenue estimate was $832.1M, while the lowest revenue estimate was $801.41M, resulting in an average revenue estimate of $819.42M. In the same quarter a year ago, actual revenue was $973.88MBased on 10 analysts’ estimates, the company’s revenue will be $872.24M in the next fiscal year. The high estimate is $927M and the low estimate is $829.12M.
