Mirion Technologies, Inc. (NYSE:MIR) Receives $26.25 Average Price Target from Analysts

Shares of Mirion Technologies, Inc. (NYSE:MIR) have earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $26.25.

MIR has been the topic of a number of analyst reports. The Goldman Sachs Group reiterated a “buy” rating and set a $23.00 price objective on shares of Mirion Technologies in a research note on Wednesday, July 29th. Citigroup decreased their target price on shares of Mirion Technologies from $28.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Morgan Stanley lowered their target price on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, July 13th. Weiss Ratings upgraded shares of Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Finally, B. Riley Financial decreased their price objective on shares of Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research report on Thursday, July 30th.

Institutional Trading of Mirion Technologies

Several institutional investors and hedge funds have recently bought and sold shares of MIR. Advisory Services Network LLC acquired a new stake in shares of Mirion Technologies in the third quarter valued at approximately $25,000. UMB Bank n.a. boosted its stake in shares of Mirion Technologies by 175.4% during the 4th quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock worth $31,000 after acquiring an additional 856 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Mirion Technologies by 470.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after acquiring an additional 1,354 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Mirion Technologies by 58.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock worth $40,000 after acquiring an additional 631 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in Mirion Technologies by 78.4% in the 4th quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock valued at $47,000 after acquiring an additional 887 shares during the period. Institutional investors own 78.51% of the company’s stock.

Mirion Technologies Price Performance

Shares of NYSE MIR opened at $14.84 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.20 and a quick ratio of 2.63. The business has a 50-day moving average of $16.50 and a 200-day moving average of $18.56. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 148.40 and a beta of 1.05. Mirion Technologies has a fifty-two week low of $14.11 and a fifty-two week high of $30.28.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. Mirion Technologies had a return on equity of 6.59% and a net margin of 2.39%.The business had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. Mirion Technologies’s revenue was up 19.7% on a year-over-year basis. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, sell-side analysts predict that Mirion Technologies will post 0.54 earnings per share for the current fiscal year.

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.