Mirion Technologies, Inc. (NYSE:MIR) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Mirion Technologies, Inc. (NYSE:MIR) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $28.3750.

A number of brokerages have recently commented on MIR. The Goldman Sachs Group reduced their target price 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. JPMorgan Chase & Co. upped their price objective on Mirion Technologies from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Morgan Stanley assumed coverage on Mirion Technologies in a research report on Friday, January 23rd. They set an “equal weight” rating and a $29.00 price objective for the company. Evercore assumed coverage on Mirion Technologies in a report on Tuesday, November 25th. They issued an “outperform” rating and a $29.00 target price on the stock. Finally, Citigroup cut their price target on Mirion Technologies from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, February 12th.

Mirion Technologies Price Performance

MIR stock opened at $20.99 on Wednesday. The company has a current ratio of 2.83, a quick ratio of 2.34 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $5.33 billion, a P/E ratio of 190.87 and a beta of 0.97. The business has a 50 day simple moving average of $24.18 and a 200-day simple moving average of $23.98. Mirion Technologies has a twelve month low of $12.00 and a twelve month high of $30.28.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $277.40 million during the quarter, compared to analysts’ expectations of $281.17 million. Mirion Technologies had a net margin of 3.11% and a return on equity of 6.97%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 EPS. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. As a group, equities analysts anticipate that Mirion Technologies will post 0.39 EPS for the current year.

Insider Activity at Mirion Technologies

In other news, Director Lawrence D. Kingsley sold 350,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $24.73, for a total value of $8,655,500.00. Following the completion of the sale, the director owned 3,509,075 shares in the company, valued at approximately $86,779,424.75. This trade represents a 9.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Mirion Technologies

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Mirion Technologies by 25.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,056 shares of the company’s stock valued at $48,000 after buying an additional 414 shares during the last quarter. US Bancorp DE raised its holdings in shares of Mirion Technologies by 6.6% during the third quarter. US Bancorp DE now owns 6,874 shares of the company’s stock valued at $160,000 after acquiring an additional 425 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of Mirion Technologies by 4.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,567 shares of the company’s stock valued at $247,000 after purchasing an additional 484 shares during the period. Kennedy Capital Management LLC raised its holdings in shares of Mirion Technologies by 0.4% during the fourth quarter. Kennedy Capital Management LLC now owns 125,076 shares of the company’s stock worth $2,929,000 after acquiring an additional 505 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in Mirion Technologies by 16.1% in the third quarter. Nisa Investment Advisors LLC now owns 3,909 shares of the company’s stock worth $91,000 after acquiring an additional 543 shares in the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

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.