Northland Securities Has Bearish Outlook for MIR Q4 Earnings

Mirion Technologies, Inc. (NYSE:MIR) – Analysts at Northland Securities dropped their Q4 2026 earnings per share (EPS) estimates for Mirion Technologies in a research note issued to investors on Wednesday, February 11th. Northland Securities analyst J. Grampp now expects that the company will earn $0.20 per share for the quarter, down from their prior forecast of $0.21. The consensus estimate for Mirion Technologies’ current full-year earnings is $0.39 per share.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Mirion Technologies had a net margin of 3.11% and a return on equity of 6.97%. The company had revenue of $277.40 million for the quarter, compared to the consensus estimate of $281.17 million. During the same quarter last year, the firm posted $0.17 earnings per share. The company’s revenue was up 9.1% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS.

Several other analysts have also recently issued reports on MIR. JPMorgan Chase & Co. increased their target price on Mirion Technologies from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Morgan Stanley began coverage on shares of Mirion Technologies in a research report on Friday, January 23rd. They set an “equal weight” rating and a $29.00 price objective on the stock. The Goldman Sachs Group dropped their target price on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday. Citigroup cut their target price on shares of Mirion Technologies from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Evercore began coverage on shares of Mirion Technologies in a research note on Tuesday, November 25th. They issued an “outperform” rating and a $29.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Mirion Technologies has an average rating of “Moderate Buy” and an average target price of $28.38.

Mirion Technologies Price Performance

NYSE:MIR opened at $22.54 on Monday. The business’s 50-day simple moving average is $24.68 and its two-hundred day simple moving average is $23.97. Mirion Technologies has a 52 week low of $12.00 and a 52 week high of $30.28. The stock has a market cap of $5.72 billion, a PE ratio of 204.89 and a beta of 0.97. The company has a quick ratio of 2.36, a current ratio of 2.84 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On Mirion Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in shares of Mirion Technologies during the 4th quarter worth about $176,000. The Manufacturers Life Insurance Company lifted its stake in Mirion Technologies by 3.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 115,541 shares of the company’s stock worth $2,706,000 after purchasing an additional 3,418 shares during the last quarter. Segall Bryant & Hamill LLC boosted its position in shares of Mirion Technologies by 4.8% during the fourth quarter. Segall Bryant & Hamill LLC now owns 1,169,689 shares of the company’s stock valued at $27,394,000 after buying an additional 53,591 shares during the period. Bridgewater Associates LP bought a new position in shares of Mirion Technologies during the fourth quarter valued at approximately $11,474,000. Finally, UMB Bank n.a. raised its holdings in shares of Mirion Technologies by 175.4% in the fourth quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock worth $31,000 after buying an additional 856 shares during the period. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Insider Activity

In related news, Director Lawrence D. Kingsley sold 350,000 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.73, for a total transaction of $8,655,500.00. Following the sale, the director owned 3,509,075 shares in the company, valued at approximately $86,779,424.75. This represents a 9.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.20% of the stock is owned by insiders.

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.