Mirion Technologies, Inc. (NYSE:MIR) Stock Has Average Price Target of $25.12

Mirion Technologies, Inc. (NYSE:MIR) has been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $25.12.

MIR has been the topic of several recent analyst reports. Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. B. Riley Financial dropped their target price on shares of Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group reiterated a “buy” rating and issued a $23.00 price target on shares of Mirion Technologies in a report on Wednesday, July 29th. Jefferies Financial Group assumed coverage on Mirion Technologies in a report on Thursday, September 3rd. They issued a “buy” rating and a $20.00 target price on the stock. Finally, Morgan Stanley dropped their price target on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, July 13th.

Institutional Investors Weigh In On Mirion Technologies

A number of hedge funds have recently bought and sold shares of the business. Maverick Capital Ltd. bought a new position in shares of Mirion Technologies during the 1st quarter valued at approximately $49,261,000. Bank of New York Mellon Corp boosted its stake in shares of Mirion Technologies by 126.1% during the 4th quarter. Bank of New York Mellon Corp now owns 3,076,945 shares of the company’s stock worth $72,062,000 after purchasing an additional 1,716,020 shares during the period. Dimensional Fund Advisors LP grew its holdings in Mirion Technologies by 14.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,694,288 shares of the company’s stock valued at $87,240,000 after purchasing an additional 591,730 shares during the last quarter. Stephens Investment Management Group LLC grew its holdings in Mirion Technologies by 69.7% during the 1st quarter. Stephens Investment Management Group LLC now owns 1,374,876 shares of the company’s stock valued at $25,559,000 after purchasing an additional 564,933 shares during the last quarter. Finally, Bastion Asset Management Inc. purchased a new stake in Mirion Technologies in the 1st quarter worth about $7,290,000. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Stock Performance

Shares of NYSE MIR opened at $16.24 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.20 and a quick ratio of 2.63. Mirion Technologies has a 1 year low of $14.04 and a 1 year high of $30.28. The firm has a fifty day moving average price of $15.60 and a 200-day moving average price of $17.11. The stock has a market cap of $4.04 billion, a PE ratio of 162.40 and a beta of 1.10.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The company had revenue of $266.80 million during the quarter, compared to the consensus estimate of $269.32 million. During the same quarter in the prior year, the firm posted $0.11 EPS. Mirion Technologies’s quarterly revenue was up 19.7% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Equities analysts anticipate that Mirion Technologies will post 0.55 earnings per share for the current fiscal year.

Mirion Technologies Company Profile

Mirion Technologies, Inc provides radiation detection, measurement, and analysis solutions for customers operating in highly regulated and safety-sensitive environments. The company develops hardware, software, and services used to monitor radiation, protect personnel, manage nuclear materials, and support compliance with industry and government standards.

Its offerings include radiation detectors and spectrometers, personal dosimetry and health-physics systems, nuclear instrumentation and control equipment, contamination monitoring systems, and related data-management software.