Mercury Systems Inc [NASDAQ: MRCY] stock went on an upward path that rose over 18.51% on Wednesday, amounting to a one-week price increase of more than 25.74%.
Over the last 12 months, MRCY stock rose by 63.27%. The one-year Mercury Systems Inc stock forecast points to a potential downside of -7.55. The average equity rating for MRCY stock is currently 2.75, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.97 billion, with 58.66 million shares outstanding and 58.20 million shares in the current float. Compared to the average trading volume of 490.30K shares, MRCY stock reached a trading volume of 3382763 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Mercury Systems Inc [MRCY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRCY shares is $46.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRCY stock is a recommendation set at 2.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Mercury Systems Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on Feb-06-25. While these analysts kept the previous recommendation, Jefferies raised their target price from $30 to $42. The new note on the price target was released on November 11, 2024, representing the official price target for Mercury Systems Inc stock. On February 07, 2024, analysts decreased their price target for MRCY shares from 48 to 28.
The Average True Range (ATR) for Mercury Systems Inc is set at 2.12, with the Price to Sales ratio for MRCY stock in the period of the last 12 months amounting to 3.36. The Price to Book ratio for the last quarter was 2.00, with the Price to Cash per share for the same quarter was set at 4.07. Price to Free Cash Flow for MRCY in the course of the last twelve months was 31.50 with Quick ratio for the last quarter at 2.36.
MRCY Stock Performance Analysis:
Mercury Systems Inc [MRCY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 25.74. With this latest performance, MRCY shares gained by 16.92% in over the last four-week period, additionally plugging by 51.75% over the last 6 months – not to mention a rise of 63.27% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRCY stock in for the last two-week period is set at 75.49, with the RSI for the last a single of trading hit 81.24, and the three-weeks RSI is set at 71.38 for Mercury Systems Inc [MRCY]. The present Moving Average for the last 50 days of trading for this stock 41.11, while it was recorded at 43.25 for the last single week of trading, and 35.56 for the last 200 days.
Insight into Mercury Systems Inc Fundamentals:
Mercury Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.36 and a Current Ratio set at 3.62.
Mercury Systems Inc [MRCY] Institutonal Ownership Details
There are presently around $108.07%, or 110.23%% of MRCY stock, in the hands of institutional investors. The top three institutional holders of MRCY stocks are: BLACKROCK INC. with ownership of 8.81 million shares, which is approximately 15.2673%. JANA PARTNERS MANAGEMENT, LP, holding 6.92 million shares of the stock with an approximate value of $$186.9 million in MRCY stocks shares; and JANA PARTNERS MANAGEMENT, LP, currently with $$173.18 million in MRCY stock with ownership which is approximately 11.1207%.
