Should I buy or sell Mercury Systems stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last twelve months. There are currently 3 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" MRCY shares. View MRCY analyst ratings or view top-rated stocks .

What is Mercury Systems' stock price target for 2024?

7 brokers have issued 1-year price objectives for Mercury Systems' shares. Their MRCY share price targets range from $21.00 to $40.00. On average, they expect the company's share price to reach $29.88 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts price targets for MRCY or view top-rated stocks among Wall Street analysts .

How have MRCY shares performed in 2024?

Mercury Systems' stock was trading at $36.57 at the beginning of the year. Since then, MRCY shares have decreased by 23.5% and is now trading at $27.98. View the best growth stocks for 2024 here .

When is Mercury Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our MRCY earnings forecast .

How can I listen to Mercury Systems' earnings call?

Mercury Systems will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Mercury Systems' earnings last quarter?

Mercury Systems, Inc. (NASDAQ:MRCY) issued its earnings results on Tuesday, February, 6th. The technology company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.48. The technology company had revenue of $197.46 million for the quarter, compared to analysts' expectations of $215.41 million. Mercury Systems had a negative trailing twelve-month return on equity of 2.62% and a negative net margin of 9.54%.

What ETFs hold Mercury Systems' stock?

ETFs with the largest weight of Mercury Systems (NASDAQ:MRCY) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV) , SPDR S&P Aerospace & Defense ETF (XAR) , VictoryShares Protect America ETF (SHLD) , Gabelli Commercial Aerospace & Defense ETF (GCAD) , First Trust Indxx Aerospace & Defense ETF (MISL) , iShares U.S. Aerospace & Defense ETF (ITA) , Invesco Aerospace & Defense ETF (PPA) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) .

What guidance has Mercury Systems issued on next quarter's earnings?

Mercury Systems updated its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $800.0 million-$850.0 million, compared to the consensus revenue estimate of $953.7 million.

What is Mark Aslett's approval rating as Mercury Systems' CEO?

291 employees have rated Mercury Systems Chief Executive Officer Mark Aslett on Glassdoor.com . Mark Aslett has an approval rating of 98% among the company's employees. This puts Mark Aslett in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Mercury Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury Systems investors own include NVIDIA (NVDA) , QUALCOMM (QCOM) , Advanced Micro Devices (AMD) , Boeing (BA) , AT&T (T) , Cisco Systems (CSCO) , Netflix (NFLX) , Skyworks Solutions (SWKS) , Micron Technology (MU) and PayPal (PYPL) .

Who are Mercury Systems' major shareholders?

Mercury Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.06%) and Hennion & Walsh Asset Management Inc. (0.01%). Insiders that own company stock include Allen Couture, Barry R Nearhos, Brian E Perry, Charles Roger Iv Wells, Christopher C Cambria, David E Farnsworth, Douglas Munro, Howard L Lance, James Mitch Stevison, Jana Partners Llc, Jana Partners Management, Lp, Mark Aslett , Michael Ruppert , Michelle M Mccarthy , Stephanie Georges, Steven Ratner, Thomas Huber and William L Ballhaus. View institutional ownership trends .

How do I buy shares of Mercury Systems?

Shares of MRCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MRCY

Mercury Systems (MRCY) Stock Price, News & Analysis

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Free MRCY Stock Alerts

$27.98

-0.33 (-1.17%)

(As of 04/19/2024 ET)

Compare

Today's Range: $27.71
▼
$28.56
50-Day Range: $27.33
▼
$31.08
52-Week Range: $25.31
▼
$48.65

Volume: 390,226 shs
Average Volume: 538,128 shs
Market Capitalization: $1.66 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $29.88

Get Mercury Systems alerts:

Mercury Systems MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.57 Rating Score
Upside/Downside: 6.8% Upside
$29.88 Price Target
Short Interest: Bearish
6.32% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.78
Upright™ Environmental Score
News Sentiment: -0.44
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$398,311 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.40) to ($0.44) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.79 out of 5 stars

Computer And Technology Sector

538th out of 585 stocks

Electronic Components & Accessories Industry

6th out of 6 stocks

0.8

Analyst's Opinion

Consensus Rating
Mercury Systems has received a consensus rating of Reduce. The company's average rating score is 1.57, and is based on no buy ratings, 4 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Mercury Systems has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.32% of the outstanding shares of Mercury Systems have been sold short.
Short Interest Ratio / Days to Cover
Mercury Systems has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Mercury Systems has recently decreased by 0.53%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Mercury Systems does not currently pay a dividend.
Dividend Growth
Mercury Systems does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mercury Systems has received a -110.34% net impact score from Upright. The largest negative impact of Mercury Systems in category "Societal stability & understanding among people" seems to be driven mostly by its "Military communications equipment", "Military command and simulation software", and "Electronic warfare software" products. See details.
Environmental Sustainability
The Environmental Impact score for Mercury Systems is -1.78.

1.4

News and Social Media Coverage

News Sentiment
Mercury Systems has a news sentiment score of -0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Mercury Systems this week, compared to 6 articles on an average week.
MarketBeat Follows
3 people have added Mercury Systems to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mercury Systems insiders have bought 284.15% more of their company's stock than they have sold. Specifically, they have bought $398,311.00 in company stock and sold $103,685.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Mercury Systems is held by insiders.
Percentage Held by Institutions
95.99% of the stock of Mercury Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Mercury Systems are expected to grow in the coming year, from ($1.40) to ($0.44) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mercury Systems is -18.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mercury Systems is -18.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Mercury Systems has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Mercury Systems Stock (NASDAQ:MRCY)

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. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. The company was incorporated in 1981 and is headquartered in Andover, Massachusetts.

MRCY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MRCY Stock News Headlines

April 9, 2024 | insidertrades.com

3 Cheap Stocks Insiders are Buying: Investors Should Avoid 1

April 19, 2024 | americanbankingnews.com

Mercury Systems, Inc. (NASDAQ:MRCY) Receives Consensus Recommendation of "Reduce" from Analysts

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 18, 2024 | finance.yahoo.com

Mercury Systems (NASDAQ:MRCY shareholders incur further losses as stock declines 4.0% this week, taking three-year losses to 65%

April 18, 2024 | globenewswire.com

BlueHalo Awards Mercury Production Agreement to Provide Digital Signal Processing Hardware for U.S. Space Force Satellite Control System

April 16, 2024 | finance.yahoo.com

Mercury Systems to Report Third Quarter Fiscal Year 2024 Financial Results on May 7, 2024

April 14, 2024 | stockhouse.com

Attention Long-Term Shareholders of Mercury Systems, Inc. (MRCY): Grabar Law Is Investigating Claims on Your Behalf

April 12, 2024 | americanbankingnews.com

Mercury Systems, Inc. to Post Q3 2024 Earnings of ($0.16) Per Share, Zacks Research Forecasts (NASDAQ:MRCY)

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 11, 2024 | americanbankingnews.com

Q4 2025 EPS Estimates for Mercury Systems, Inc. (NASDAQ:MRCY) Decreased by Zacks Research

April 10, 2024 | msn.com

L3Harris Technologies selects Mercury to provide solid-state data recorders

April 10, 2024 | finance.yahoo.com

L3Harris Selects Mercury to Provide Solid-State Data Recorders for SDA’s Tranche 2 Tracking Layer Satellites

April 10, 2024 | globenewswire.com

L3Harris Selects Mercury to Provide Solid-State Data Recorders for SDA's Tranche 2 Tracking Layer Satellites

April 8, 2024 | msn.com

Mercury in Retrograde, What Does That Mean For You This Month

April 3, 2024 | msn.com

How to survive Mercury retrograde: Tips and exercises for each zodiac sign

March 21, 2024 | globenewswire.com

Mercury Systems and Lockheed Martin to Advance Defense Manufacturing Capabilities in Switzerland

March 19, 2024 | money.usnews.com

Mercury Systems Inc

March 18, 2024 | globenewswire.com

Mercury Announces Early Access Program for New Direct RF Multi-Chip Module Powered by AMD Versal Adaptive SoCs

March 16, 2024 | finance.yahoo.com

MRCY Apr 2024 47.500 call

March 16, 2024 | finance.yahoo.com

MRCY Apr 2024 25.000 call

March 1, 2024 | globenewswire.com

U.S. Navy Selects Mercury to Deliver Electronic Warfare Combat Training Subsystems

February 29, 2024 | msn.com

Mercury Systems secures $243M U.S. Navy contract

February 28, 2024 | markets.businessinsider.com

Grabar Law Office Investigates Claims on Behalf of Shareholders of Mercury Systems, Inc. (MRCY)

February 18, 2024 | 247wallst.com

Insider Buying: Taking a Controlling Stake in a Struggling Retailer?

February 17, 2024 | finance.yahoo.com

MRCY Mar 2024 32.500 call

February 17, 2024 | finance.yahoo.com

MRCY Mar 2024 20.000 put

February 13, 2024 | markets.businessinsider.com

Mercury Final Deadline Alert

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Electronic components & accessories
Sub-Industry: Electronic Manufacturing Services
Current Symbol: NASDAQ:MRCY
CUSIP: 58937810
CIK: 1049521
Web: www.mrcy.com
Phone: (978) 256-1300
Fax: 612-656-4400
Employees: 2,596
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $29.88
High Stock Price Target: $40.00
Low Stock Price Target: $21.00
Potential Upside/Downside: +7.2%
Consensus Rating: Reduce
Rating Score (0-4): 1.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.49)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-28,330,000.00
Net Margins: -9.54%
Pretax Margin: -14.92%
Return on Equity: -2.62%
Return on Assets: -1.68%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 4.36
Quick Ratio: 2.79

Sales & Book Value

Annual Sales: $973.88 million
Price / Sales: 1.70
Cash Flow: $2.10 per share
Price / Cash Flow: 13.30
Book Value: $26.92 per share
Price / Book: 1.04

Miscellaneous

Outstanding Shares: 59,370,000
Free Float: 58,297,000
Market Cap: $1.66 billion
Optionable: Optionable
Beta: 0.70

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Key Executives

Dr. William L. Ballhaus (Age 56)
President, CEO & Director
Comp: $320.97k
Mr. Charles Roger Wells IV (Age 51)
Executive VP & COO
Comp: $661.73k
Mr. David E. Farnsworth (Age 64)
Executive VP, CFO & Treasurer
Mr. Douglas Munro
VP & Chief Accounting Officer
Mr. Stuart H. Kupinsky (Age 56)
Executive VP & Chief Legal Officer
Ms. Stephanie Georges
Executive VP & Chief Communications Officer
Mr. Steve Ratner
Executive VP & Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MRCY Stock Analysis - Frequently Asked Questions

Should I buy or sell Mercury Systems stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mercury Systems in the last twelve months. There are currently 3 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" MRCY shares.
View MRCY analyst ratings or view top-rated stocks.
What is Mercury Systems' stock price target for 2024?: 7 brokers have issued 1-year price objectives for Mercury Systems' shares. Their MRCY share price targets range from $21.00 to $40.00. On average, they expect the company's share price to reach $29.88 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for MRCY or view top-rated stocks among Wall Street analysts.
How have MRCY shares performed in 2024?: Mercury Systems' stock was trading at $36.57 at the beginning of the year. Since then, MRCY shares have decreased by 23.5% and is now trading at $27.98.
View the best growth stocks for 2024 here.
When is Mercury Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MRCY earnings forecast.
How can I listen to Mercury Systems' earnings call?: Mercury Systems will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Mercury Systems' earnings last quarter?: Mercury Systems, Inc. (NASDAQ:MRCY) issued its earnings results on Tuesday, February, 6th. The technology company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.48. The technology company had revenue of $197.46 million for the quarter, compared to analysts' expectations of $215.41 million. Mercury Systems had a negative trailing twelve-month return on equity of 2.62% and a negative net margin of 9.54%.

What ETFs hold Mercury Systems' stock?: ETFs with the largest weight of Mercury Systems (NASDAQ:MRCY) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), SPDR S&P Aerospace & Defense ETF (XAR), VictoryShares Protect America ETF (SHLD), Gabelli Commercial Aerospace & Defense ETF (GCAD), First Trust Indxx Aerospace & Defense ETF (MISL), iShares U.S. Aerospace & Defense ETF (ITA), Invesco Aerospace & Defense ETF (PPA) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).
What guidance has Mercury Systems issued on next quarter's earnings?: Mercury Systems updated its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $800.0 million-$850.0 million, compared to the consensus revenue estimate of $953.7 million.
What is Mark Aslett's approval rating as Mercury Systems' CEO?: 291 employees have rated Mercury Systems Chief Executive Officer Mark Aslett on Glassdoor.com. Mark Aslett has an approval rating of 98% among the company's employees. This puts Mark Aslett in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Mercury Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mercury Systems investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Boeing (BA), AT&T (T), Cisco Systems (CSCO), Netflix (NFLX), Skyworks Solutions (SWKS), Micron Technology (MU) and PayPal (PYPL).
Who are Mercury Systems' major shareholders?: Mercury Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.06%) and Hennion & Walsh Asset Management Inc. (0.01%). Insiders that own company stock include Allen Couture, Barry R Nearhos, Brian E Perry, Charles Roger Iv Wells, Christopher C Cambria, David E Farnsworth, Douglas Munro, Howard L Lance, James Mitch Stevison, Jana Partners Llc, Jana Partners Management, Lp, Mark Aslett, Michael Ruppert, Michelle M Mccarthy, Stephanie Georges, Steven Ratner, Thomas Huber and William L Ballhaus.
View institutional ownership trends.
How do I buy shares of Mercury Systems?: Shares of MRCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MRCY) was last updated on 4/19/2024 by MarketBeat.com Staff

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