Brokerages Set Mirion Technologies, Inc. (NYSE:MIR) Price Target at $27.13

Mirion Technologies, Inc. (NYSE:MIR) has received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $27.1250.

A number of research analysts have weighed in on MIR shares. JPMorgan Chase & Co. decreased their price objective on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, March 26th. Melius Research upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Monday, March 23rd. Robert W. Baird decreased their price objective on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Weiss Ratings downgraded shares of Mirion Technologies from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Finally, Citigroup decreased their price objective on shares of Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th.

Insider Buying and Selling at Mirion Technologies

In other Mirion Technologies news, CAO Christopher A. Moore sold 8,400 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $19.64, for a total value of $164,976.00. Following the completion of the transaction, the chief accounting officer owned 22,157 shares in the company, valued at approximately $435,163.48. This represents a 27.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MIR. Advisory Services Network LLC acquired a new position in shares of Mirion Technologies during the 3rd quarter worth about $25,000. Wolff Wiese Magana LLC acquired a new position in shares of Mirion Technologies during the 3rd quarter worth about $26,000. UMB Bank n.a. raised its position 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 purchasing an additional 856 shares during the last quarter. EverSource Wealth Advisors LLC raised its position 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 purchasing an additional 1,354 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Mirion Technologies by 96.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,651 shares of the company’s stock worth $38,000 after purchasing an additional 811 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

Mirion Technologies Trading Up 0.0%

NYSE MIR opened at $18.17 on Monday. The company has a market capitalization of $4.55 billion, a PE ratio of 181.71 and a beta of 1.07. The company has a fifty day moving average of $19.36 and a 200 day moving average of $22.82. Mirion Technologies has a 1 year low of $16.43 and a 1 year high of $30.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.19 and a quick ratio of 2.63.

Mirion Technologies (NYSE:MIR) last posted its earnings results on Tuesday, April 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $257.60 million during the quarter, compared to the consensus estimate of $244.78 million. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. Research analysts forecast that Mirion Technologies will post 0.51 earnings per share for the current year.

About Mirion Technologies

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.