Mirion Technologies Inc [NYSE: MIR] plunged by -$0.07 during the normal trading session on Thursday and reaching a high of $22.795 during the day while it closed the day at $22.35.
Mirion Technologies Inc stock has also gained 2.76% of its value over the past 7 days. However, MIR stock has inclined by 41.63% in the 3 months of the year. Over the past six months meanwhile, it has gained 43.55% and gained 108.88% year-on date.
The market cap for MIR stock reached $5.18 billion, with 225.20 million shares outstanding and 215.59 million shares in the current float. Compared to the average trading volume of 3.17M shares, MIR reached a trading volume of 5346833 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Mirion Technologies Inc [MIR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MIR shares is $21.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MIR stock is a recommendation set at 1.20. 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 Mirion Technologies Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on September 26, 2024, representing the official price target for Mirion Technologies Inc stock. Previously, the target price had yet another raise to $11, while Citigroup analysts kept a Buy rating on MIR stock.
The Price to Book ratio for the last quarter was 3.44, with the Price to Cash per share for the same quarter was set at 0.83. Price to Free Cash Flow for MIR in the course of the last twelve months was 62.91 with Quick ratio for the last quarter at 1.69.
MIR stock trade performance evaluation
Mirion Technologies Inc [MIR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.76. With this latest performance, MIR shares gained by 8.87% in over the last four-week period, additionally plugging by 43.55% over the last 6 months – not to mention a rise of 28.08% 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 MIR stock in for the last two-week period is set at 66.27, with the RSI for the last a single of trading hit 0.62, and the three-weeks RSI is set at 0.65 for Mirion Technologies Inc [MIR]. The present Moving Average for the last 50 days of trading for this stock 20.46, while it was recorded at 22.26 for the last single week of trading, and 16.89 for the last 200 days.
Mirion Technologies Inc [MIR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Mirion Technologies Inc [MIR] shares currently have an operating margin of 4.85% and a Gross Margin at 36.19%. Mirion Technologies Inc’s Net Margin is presently recorded at -1.15%.
Mirion Technologies Inc (MIR) Capital Structure & Debt Analysis
According to recent financial data for Mirion Technologies Inc. ( MIR), the Return on Equity (ROE) stands at -0.68%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.38%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Mirion Technologies Inc’s Return on Invested Capital (ROIC) is -0.45%, showcasing its effectiveness in deploying capital for earnings.
Mirion Technologies Inc (MIR) Efficiency & Liquidity Metrics
Based on Mirion Technologies Inc’s (MIR) latest financial statements, the Debt-to-Equity Ratio is 0.48%, indicating its reliance on debt financing relative to shareholder equity.
Mirion Technologies Inc (MIR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Mirion Technologies Inc. (MIR) effectively leverages its workforce, generating an average of -$3496.5 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.23% and a Quick Ratio of 1.69%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Mirion Technologies Inc [MIR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MIR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mirion Technologies Inc go to 19.10%.
Mirion Technologies Inc [MIR]: Institutional Ownership
There are presently around $87.46%, or 91.54%% of MIR stock, in the hands of institutional investors. The top three institutional holders of MIR stocks are: GOLDMAN SACHS GROUP INC with ownership of 37.98 million shares, which is approximately 18.7826%. VANGUARD GROUP INC, holding 21.89 million shares of the stock with an approximate value of $$235.05 million in MIR stocks shares; and VANGUARD GROUP INC, currently with $$214.6 million in MIR stock with ownership which is approximately 9.8822%.
