Bosun Asset Management LLC Purchases New Stake in Mirion Technologies, Inc. (NYSE:MIR)

Bosun Asset Management LLC acquired a new stake in shares of Mirion Technologies, Inc. (NYSE:MIR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,762 shares of the company’s stock, valued at approximately $240,000.

A number of other large investors also recently modified their holdings of MIR. US Bancorp DE grew its stake in shares of Mirion Technologies by 3,248.7% in the 4th quarter. US Bancorp DE now owns 6,262 shares of the company’s stock worth $109,000 after acquiring an additional 6,075 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Mirion Technologies by 162.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company’s stock worth $116,000 after purchasing an additional 4,120 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in Mirion Technologies in the 4th quarter valued at about $120,000. KBC Group NV lifted its position in shares of Mirion Technologies by 39.2% during the 4th quarter. KBC Group NV now owns 8,002 shares of the company’s stock worth $140,000 after buying an additional 2,254 shares in the last quarter. Finally, Corient Private Wealth LLC purchased a new position in shares of Mirion Technologies in the 4th quarter worth approximately $187,000. Institutional investors own 78.51% of the company’s stock.

Mirion Technologies Price Performance

MIR stock opened at $16.19 on Wednesday. Mirion Technologies, Inc. has a 12 month low of $9.11 and a 12 month high of $18.81. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $3.76 billion, a P/E ratio of -85.21 and a beta of 0.74. The firm has a 50 day moving average of $14.54 and a 200-day moving average of $15.70.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. Mirion Technologies had a negative net margin of 4.21% and a positive return on equity of 4.78%. The firm had revenue of $202.00 million for the quarter, compared to analysts’ expectations of $199.34 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. As a group, sell-side analysts predict that Mirion Technologies, Inc. will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on MIR. B. Riley decreased their price target on Mirion Technologies from $19.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Robert W. Baird lowered their target price on Mirion Technologies from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Friday, April 4th. Finally, Citigroup decreased their price objective on shares of Mirion Technologies from $20.00 to $17.00 and set a “buy” rating for the company in a report on Monday, April 14th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $18.75.

Mirion Technologies Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.