Mirion Technologies, Inc. (NYSE:MIR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Mirion Technologies, Inc. (NYSE:MIR) have earned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.1250.

A number of equities analysts have commented on the stock. Melius Research raised shares of Mirion Technologies to a “strong-buy” rating in a report on Monday, March 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. The Goldman Sachs Group decreased their price objective on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Weiss Ratings downgraded shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Robert W. Baird decreased their price objective on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th.

Mirion Technologies Stock Performance

Mirion Technologies stock opened at $18.20 on Friday. The company has a market cap of $4.56 billion, a PE ratio of 181.96 and a beta of 1.03. The company has a fifty day moving average price of $18.80 and a two-hundred day moving average price of $21.88. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.19 and a quick ratio of 2.63. Mirion Technologies has a 12 month low of $16.43 and a 12 month high of $30.28.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The firm had revenue of $257.60 million during the quarter, compared to the consensus estimate of $244.78 million. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The firm’s revenue was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Research analysts expect that Mirion Technologies will post 0.51 earnings per share for the current year.

Insider Transactions at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total value of $164,976.00. Following the sale, the chief accounting officer directly owned 22,157 shares in the company, valued at approximately $435,163.48. This trade represents a 27.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Mirion Technologies

A number of hedge funds have recently added to or reduced their stakes in MIR. Tudor Investment Corp ET AL lifted its stake in Mirion Technologies by 174,900.0% in the third quarter. Tudor Investment Corp ET AL now owns 17,500,000 shares of the company’s stock valued at $407,050,000 after buying an additional 17,490,000 shares during the last quarter. Vanguard Group Inc. lifted its stake in Mirion Technologies by 28.0% in the third quarter. Vanguard Group Inc. now owns 30,418,327 shares of the company’s stock valued at $707,530,000 after buying an additional 6,651,735 shares during the last quarter. Two Creeks Capital Management LP bought a new stake in Mirion Technologies in the third quarter valued at $83,707,000. UBS Group AG lifted its stake in Mirion Technologies by 181.4% in the third quarter. UBS Group AG now owns 4,796,833 shares of the company’s stock valued at $111,574,000 after buying an additional 3,092,136 shares during the last quarter. Finally, Maverick Capital Ltd. bought a new stake in Mirion Technologies in the first quarter valued at $49,261,000. 78.51% of the stock is currently owned by institutional investors.

Mirion Technologies Company Profile

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.