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

Mirion Technologies, Inc. (NYSE:MIR) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $27.00.

MIR has been the topic of several recent analyst reports. Weiss Ratings lowered shares of Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. Citigroup cut their price target on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Robert W. Baird reduced their price target on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. The Goldman Sachs Group decreased their price objective on shares of Mirion Technologies from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Finally, Morgan Stanley lowered their price objective on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Monday, July 13th.

Mirion Technologies Stock Down 2.1%

Shares of NYSE MIR opened at $16.52 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.63 and a current ratio of 3.19. Mirion Technologies has a 52 week low of $15.57 and a 52 week high of $30.28. The stock has a market capitalization of $4.14 billion, a P/E ratio of 165.24 and a beta of 1.03. The stock’s fifty day moving average is $17.34 and its 200 day moving average is $20.05.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. Mirion Technologies had a return on equity of 6.44% and a net margin of 2.56%.The business had revenue of $257.60 million during the quarter, compared to the consensus estimate of $244.78 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. Mirion Technologies’s revenue for the quarter was up 27.5% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Sell-side analysts forecast that Mirion Technologies will post 0.53 earnings per share for the current fiscal year.

Insider Buying and Selling at Mirion Technologies

In other news, CAO Christopher A. Moore sold 8,400 shares of Mirion Technologies 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 transaction, the chief accounting officer owned 22,157 shares in the company, valued at approximately $435,163.48. This trade represents a 27.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.30% of the company’s stock.

Institutional Trading of Mirion Technologies

Several institutional investors and hedge funds have recently modified their holdings of MIR. Royal Bank of Canada boosted its stake in Mirion Technologies by 258.2% in the first quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock valued at $1,433,000 after buying an additional 71,241 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Mirion Technologies by 124.3% in the first quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock worth $2,889,000 after acquiring an additional 110,399 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Mirion Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock worth $1,783,000 after acquiring an additional 5,366 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Mirion Technologies by 8.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock valued at $6,301,000 after purchasing an additional 34,973 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Mirion Technologies in the 2nd quarter valued at approximately $288,000. 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.