Mirion Technologies (NYSE:MIR) Announces Earnings Results

Mirion Technologies (NYSE:MIR) announced its quarterly earnings data on Tuesday. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02, Zacks reports. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. Mirion Technologies updated its FY 2025 guidance to 0.450-0.500 EPS.

Mirion Technologies Price Performance

Shares of NYSE:MIR traded down $0.15 during trading on Tuesday, reaching $16.16. The stock had a trading volume of 2,083,548 shares, compared to its average volume of 2,032,644. The stock has a market capitalization of $3.75 billion, a PE ratio of -47.51 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. Mirion Technologies has a 52 week low of $9.11 and a 52 week high of $18.81. The business’s 50-day moving average price is $17.02 and its 200 day moving average price is $14.03.

Analyst Ratings Changes

Several brokerages have recently weighed in on MIR. Citigroup lifted their price objective on Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research note on Thursday, December 19th. Robert W. Baird began coverage on shares of Mirion Technologies in a research note on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price objective for the company. Finally, The Goldman Sachs Group lifted their target price on shares of Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $19.25.

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.