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

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

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

Mirion Technologies Stock Up 0.4 %

MIR stock opened at $16.32 on Friday. Mirion Technologies has a 1-year low of $9.11 and a 1-year high of $18.81. The stock has a market cap of $3.79 billion, a P/E ratio of -48.01 and a beta of 0.73. The stock’s fifty day simple moving average is $16.95 and its two-hundred day simple moving average is $14.10. The company has a current ratio of 2.16, a quick ratio of 1.55 and a debt-to-equity ratio of 0.43.

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

Hedge Funds Weigh In On Mirion Technologies

Hedge funds have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its position in shares of Mirion Technologies by 29,948.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,214,921 shares of the company’s stock worth $73,550,000 after purchasing an additional 4,200,894 shares during the last quarter. William Blair Investment Management LLC bought a new position in shares of Mirion Technologies in the 4th quarter worth $53,066,000. Artemis Investment Management LLP purchased a new stake in shares of Mirion Technologies during the 4th quarter valued at $38,155,000. Bornite Capital Management LP bought a new stake in shares of Mirion Technologies during the 4th quarter worth $36,942,000. Finally, Corsair Capital Management L.P. grew its position in Mirion Technologies by 83.9% in the third quarter. Corsair Capital Management L.P. now owns 3,160,850 shares of the company’s stock worth $34,991,000 after acquiring an additional 1,441,846 shares in the last quarter. Hedge funds and other institutional investors own 78.51% of the company’s stock.

Mirion Technologies Company Profile

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.