Mirion Technologies (NYSE:MIR) Releases FY 2026 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.480-0.550 for the period, compared to the consensus earnings per share estimate of 0.530. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Analyst Ratings Changes

MIR has been the subject of several recent research reports. Morgan Stanley dropped their target price on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Monday, July 13th. Weiss Ratings cut Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, July 20th. Citigroup dropped their price objective on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 30th. The Goldman Sachs Group cut their target price on Mirion Technologies from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Finally, Robert W. Baird reduced their target price on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Mirion Technologies has an average rating of “Moderate Buy” and an average target price of $27.00.

Mirion Technologies Trading Up 0.1%

MIR traded up $0.02 during mid-day trading on Tuesday, hitting $16.87. The stock had a trading volume of 4,398,800 shares, compared to its average volume of 3,662,534. The stock’s fifty day simple moving average is $17.31 and its 200-day simple moving average is $19.96. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.19 and a quick ratio of 2.63. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 168.72 and a beta of 1.03. Mirion Technologies has a 1-year low of $15.57 and a 1-year high of $30.28.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The company had revenue of $266.80 million during the quarter, compared to analyst estimates of $269.32 million. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, research analysts forecast that Mirion Technologies will post 0.53 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the completion of the transaction, the chief accounting officer directly owned 22,157 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Corporate insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Mirion Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in Mirion Technologies by 258.2% during the 1st quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock worth $1,433,000 after buying an additional 71,241 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock valued at $2,889,000 after buying an additional 110,399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Mirion Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock valued at $1,783,000 after buying an additional 5,366 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Mirion Technologies by 8.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock worth $6,301,000 after acquiring an additional 34,973 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Mirion Technologies during the second quarter worth $288,000. 78.51% of the stock is currently owned by institutional investors and hedge funds.

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.