Mirion Technologies, Inc. (NYSE:MIR) Receives $27.13 Consensus Target Price from Brokerages

Shares of Mirion Technologies, Inc. (NYSE:MIR) have been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $27.1250.

Several analysts recently commented on MIR shares. JPMorgan Chase & Co. decreased their price target on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. Robert W. Baird decreased their price target on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Melius Research upgraded shares of Mirion Technologies to a “strong-buy” rating in a report on Monday, March 23rd. Citigroup reduced their target price on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Weiss Ratings cut shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th.

Insider Transactions at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of Mirion Technologies stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $19.64, for a total value of $164,976.00. Following the completion of the sale, the chief accounting officer directly owned 22,157 shares in the company, valued at $435,163.48. The trade was a 27.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by company insiders.

Institutional Trading of Mirion Technologies

A number of institutional investors have recently added to or reduced their stakes in MIR. Advisory Services Network LLC acquired a new stake in shares of Mirion Technologies in the third quarter worth $25,000. UMB Bank n.a. lifted its stake in shares of Mirion Technologies by 175.4% in the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock worth $31,000 after buying an additional 856 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Mirion Technologies by 470.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after buying an additional 1,354 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Mirion Technologies by 58.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock worth $40,000 after buying an additional 631 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of Mirion Technologies by 78.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock worth $47,000 after buying an additional 887 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Mirion Technologies Trading Down 1.6%

Mirion Technologies stock opened at $16.98 on Friday. The company has a 50 day moving average price of $18.73 and a 200 day moving average price of $21.73. Mirion Technologies has a 52 week low of $16.43 and a 52 week high of $30.28. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 169.81 and a beta of 1.03.

Mirion Technologies (NYSE:MIR) last posted 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. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The firm had revenue of $257.60 million during the quarter, compared to analyst estimates of $244.78 million. During the same quarter last year, the business posted $0.10 EPS. The company’s revenue was up 27.5% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Research analysts forecast that Mirion Technologies will post 0.51 EPS for the current year.

Mirion Technologies Company Profile

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.