Mirion Technologies, Inc. (NYSE:MIR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Mirion Technologies, Inc. (NYSE:MIR) has received an average rating of “Moderate Buy” from the ten research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $27.1250.

A number of brokerages have recently weighed in on MIR. Melius Research raised Mirion Technologies to a “strong-buy” rating in a research note on Monday, March 23rd. Robert W. Baird decreased their price target on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th. The Goldman Sachs Group decreased their price target on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Citigroup reduced their target price on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th.

Mirion Technologies Stock Performance

NYSE MIR opened at $16.43 on Friday. The company has a market cap of $4.11 billion, a PE ratio of 164.32 and a beta of 1.03. The stock’s 50 day simple moving average is $18.65 and its 200-day simple moving average is $21.63. Mirion Technologies has a 1-year low of $15.58 and a 1-year high of $30.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.19 and a quick ratio of 2.63.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $257.60 million for the quarter, compared to the consensus estimate of $244.78 million. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The firm’s revenue was up 27.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, equities research analysts anticipate that Mirion Technologies will post 0.51 EPS for the current fiscal year.

Insider Transactions at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer owned 22,157 shares in the company, valued at approximately $435,163.48. The trade was a 27.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Mirion Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of MIR. Advisory Services Network LLC acquired a new stake in shares of Mirion Technologies during the third quarter worth $25,000. UMB Bank n.a. raised its position in Mirion Technologies by 175.4% in the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock valued at $31,000 after purchasing an additional 856 shares during the period. EverSource Wealth Advisors LLC raised its position in Mirion Technologies by 470.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $35,000 after purchasing an additional 1,354 shares during the period. Steward Partners Investment Advisory LLC grew its stake in shares of Mirion Technologies by 58.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock valued at $40,000 after acquiring an additional 631 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Mirion Technologies by 78.4% during the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock valued at $47,000 after acquiring an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

About Mirion Technologies

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.