Mirion Technologies, Inc. (NYSE:MIR) Receives $27.00 Consensus PT from Analysts

Mirion Technologies, Inc. (NYSE:MIR) has earned a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $26.7143.

A number of research analysts recently commented on the company. Weiss Ratings cut Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $23.00 price objective on shares of Mirion Technologies in a report on Wednesday. Morgan Stanley reduced their price objective on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, July 13th. Finally, Citigroup cut 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.

Insider Buying and Selling

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $19.64, for a total transaction of $164,976.00. Following the completion of the transaction, the chief accounting officer owned 22,157 shares of the company’s stock, valued at $435,163.48. This represents a 27.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Mirion Technologies

Large investors have recently made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of Mirion Technologies in the third quarter worth about $25,000. UMB Bank n.a. boosted its stake in Mirion Technologies by 175.4% during the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock valued at $31,000 after buying an additional 856 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Mirion Technologies by 470.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $35,000 after buying an additional 1,354 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in Mirion Technologies by 58.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock valued at $40,000 after buying an additional 631 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Mirion Technologies by 78.4% during the 4th quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock valued at $47,000 after buying an additional 887 shares in the last quarter. 78.51% of the stock is owned by institutional investors.

Mirion Technologies Price Performance

Shares of Mirion Technologies stock opened at $14.59 on Friday. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 145.85 and a beta of 1.03. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63. The stock’s 50-day simple moving average is $17.21 and its 200-day simple moving average is $19.84. Mirion Technologies has a 52 week low of $14.11 and a 52 week high of $30.28.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. The firm had revenue of $266.80 million during the quarter, compared to analysts’ expectations of $269.32 million. Mirion Technologies had a return on equity of 6.57% and a net margin of 2.39%.The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business posted $0.11 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, analysts expect that Mirion Technologies will post 0.53 earnings per share for the current fiscal year.

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.