Mercury Systems (MRCY) Receives Daily News Impact Score of 0.10
Media coverage about Mercury Systems (NASDAQ:MRCY) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mercury Systems earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.1658230324808 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern’s rankings:
- Mercury Systems (MRCY) Secures $3.8M Microelectronics Order for Airborne Electronic Warfare Application (streetinsider.com)
- Mercury Systems Receives $3.8M Microelectronics Order for Airborne Electronic Warfare Application (thestreet.com)
- Mercury Systems Receives $3.8M Microelectronics Order for Airborne Electronic Warfare Application (markets.financialcontent.com)
- Mercury : Launches 6U OpenVPX Module with Dual NVIDIA Pascal GPUs (4-traders.com)
- Mercury Systems Launches 6U OpenVPX Module with Dual NVIDIA Pascal GPUs (finance.yahoo.com)
Mercury Systems (NASDAQ MRCY) traded up $1.92 during midday trading on Tuesday, hitting $53.01. 388,716 shares of the company traded hands, compared to its average volume of 419,707. The firm has a market cap of $2,570.00, a price-to-earnings ratio of 54.49, a price-to-earnings-growth ratio of 3.98 and a beta of 0.22. Mercury Systems has a twelve month low of $29.11 and a twelve month high of $54.49.
Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings results on Tuesday, October 24th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.11. The business had revenue of $106.10 million for the quarter, compared to analyst estimates of $105.18 million. Mercury Systems had a net margin of 9.14% and a return on equity of 6.51%. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. equities research analysts forecast that Mercury Systems will post 1.08 EPS for the current year.
A number of research analysts have issued reports on MRCY shares. Noble Financial restated a “hold” rating on shares of Mercury Systems in a research report on Thursday, October 26th. SunTrust Banks, Inc. restated a “buy” rating on shares of Mercury Systems in a research report on Friday, October 20th. Zacks Investment Research lowered shares of Mercury Systems from a “hold” rating to a “sell” rating in a research report on Thursday, September 14th. Robert W. Baird increased their target price on shares of Mercury Systems from $48.00 to $59.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Finally, Jefferies Group LLC restated a “hold” rating and set a $45.00 target price on shares of Mercury Systems in a research report on Wednesday, August 2nd. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $51.17.
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In related news, CEO Mark Aslett sold 4,800 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $47.42, for a total transaction of $227,616.00. Following the sale, the chief executive officer now owns 519,382 shares in the company, valued at approximately $24,629,094.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Didier M. C. Thibaud sold 3,500 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $50.34, for a total transaction of $176,190.00. Following the completion of the transaction, the chief operating officer now directly owns 383,440 shares of the company’s stock, valued at approximately $19,302,369.60. The disclosure for this sale can be found here. Insiders have sold a total of 40,800 shares of company stock worth $2,007,945 in the last quarter. 3.50% of the stock is currently owned by company insiders.
About Mercury Systems
Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.
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