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

Shares of Mirion Technologies, Inc. (NYSE:MIR) have been assigned a consensus recommendation of “Buy” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $19.25.

MIR has been the subject of a number of research analyst reports. Baird R W raised Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. The Goldman Sachs Group upped their price target on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird began coverage on shares of Mirion Technologies in a report on Thursday, December 19th. They issued an “outperform” rating and a $22.00 target price for the company. Finally, Citigroup boosted their price target on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th.

Mirion Technologies Trading Up 0.4 %

MIR stock opened at $16.32 on Friday. The company has a market capitalization of $3.79 billion, a PE ratio of -48.01 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. Mirion Technologies has a one year low of $9.11 and a one year high of $18.81. The company’s 50 day moving average price is $16.95 and its two-hundred day moving average price is $14.10.

Mirion Technologies (NYSE:MIR) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.33% and a negative net margin of 7.84%. As a group, analysts predict that Mirion Technologies will post 0.33 earnings per share for the current fiscal year.

Institutional Trading of Mirion Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MIR. Quest Partners LLC increased its position in Mirion Technologies by 680.5% in the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock worth $74,000 after buying an additional 5,866 shares in the last quarter. US Bancorp DE grew its position in shares of Mirion Technologies by 3,248.7% during the fourth quarter. US Bancorp DE now owns 6,262 shares of the company’s stock valued at $109,000 after purchasing an additional 6,075 shares in the last quarter. SkyView Investment Advisors LLC bought a new stake in Mirion Technologies in the 3rd quarter worth approximately $111,000. Tower Research Capital LLC TRC raised its stake in Mirion Technologies by 162.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company’s stock valued at $116,000 after purchasing an additional 4,120 shares in the last quarter. Finally, Integrated Advisors Network LLC bought a new position in shares of Mirion Technologies in the 3rd quarter valued at about $120,000. 78.51% of the stock is owned by hedge funds and other institutional investors.

About Mirion Technologies

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.