Q2 EPS Estimates for Mercury Systems Cut by Zacks Research

Mercury Systems Inc (NASDAQ:MRCY) – Investment analysts at Zacks Research cut their Q2 2027 earnings per share estimates for Mercury Systems in a research note issued on Tuesday, November 25th. Zacks Research analyst Team now expects that the technology company will earn $0.05 per share for the quarter, down from their prior estimate of $0.12. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Mercury Systems’ current full-year earnings is ($0.08) per share.

MRCY has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their price objective on Mercury Systems from $56.00 to $68.00 and gave the company a “neutral” rating in a research note on Tuesday, August 12th. UBS Group set a $88.00 price target on shares of Mercury Systems in a research note on Thursday, October 2nd. The Goldman Sachs Group increased their price objective on shares of Mercury Systems from $35.00 to $39.00 and gave the company a “sell” rating in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada set a $95.00 price target on shares of Mercury Systems and gave the company an “outperform” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $81.00.

Mercury Systems Stock Performance

Shares of MRCY opened at $69.80 on Thursday. The company has a quick ratio of 2.41, a current ratio of 3.52 and a debt-to-equity ratio of 0.40. The stock has a market cap of $4.19 billion, a P/E ratio of -105.76, a P/E/G ratio of 3.17 and a beta of 0.79. The business’s 50 day moving average price is $75.37 and its 200-day moving average price is $63.10. Mercury Systems has a 52 week low of $37.28 and a 52 week high of $85.33.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, June 7th. The technology company reported $0.64 EPS for the quarter. Mercury Systems had a negative net margin of 4.16% and a positive return on equity of 0.58%. The business had revenue of $256.86 million for the quarter.

Institutional Investors Weigh In On Mercury Systems

A number of large investors have recently made changes to their positions in MRCY. Salomon & Ludwin LLC bought a new position in shares of Mercury Systems in the 3rd quarter worth approximately $32,000. AlphaQuest LLC raised its position in Mercury Systems by 41.9% in the third quarter. AlphaQuest LLC now owns 569 shares of the technology company’s stock worth $44,000 after acquiring an additional 168 shares during the period. Osaic Holdings Inc. raised its position in Mercury Systems by 53.2% in the second quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock worth $32,000 after acquiring an additional 208 shares during the period. Quaker Wealth Management LLC boosted its stake in shares of Mercury Systems by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 644 shares of the technology company’s stock worth $35,000 after acquiring an additional 1,288 shares during the last quarter. Finally, Federated Hermes Inc. bought a new stake in shares of Mercury Systems during the 2nd quarter valued at $43,000. 95.99% of the stock is currently owned by institutional investors.

Insider Activity at Mercury Systems

In other news, Director Jana Partners Management, Lp sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $75.45, for a total value of $75,450,000.00. Following the transaction, the director directly owned 4,966,675 shares in the company, valued at $374,735,628.75. This trade represents a 16.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Douglas Munro sold 1,329 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $73.42, for a total value of $97,575.18. Following the sale, the chief accounting officer owned 14,678 shares of the company’s stock, valued at approximately $1,077,658.76. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,003,096 shares of company stock worth $75,678,276 over the last quarter. Company insiders own 1.40% of the company’s stock.

Mercury Systems Company Profile

Mercury Systems, Inc, a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.