At the time of writing, Mercury Systems Inc [MRCY] stock is trading at $31.29, up 4.82%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MRCY shares have gain 7.49% over the last week, with a monthly amount glided 1.89%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mercury Systems Inc [NASDAQ: MRCY] stock has seen the most recent analyst activity on February 07, 2024, when Truist downgraded its rating to a Hold and also revised its price target to $28 from $48. Previously, Goldman downgraded its rating to Sell on January 10, 2024, and dropped its price target to $24. On January 03, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $30 on the stock. JP Morgan downgraded its rating to a Neutral and reduced its price target to $37 on June 26, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on June 22, 2023, and downed its price target to $40. In a note dated December 16, 2022, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $66 to $54.
For the past year, the stock price of Mercury Systems Inc fluctuated between $25.31 and $40.95. Currently, Wall Street analysts expect the stock to reach $42.33 within the next 12 months. Mercury Systems Inc [NASDAQ: MRCY] shares were valued at $31.29 at the most recent close of the market. An investor can expect a potential return of 35.28% based on the average MRCY price forecast.
Analyzing the MRCY fundamentals
According to Mercury Systems Inc [NASDAQ:MRCY], the company’s sales were 839.95M for trailing twelve months, which represents an -20.96% plunge. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.63 points at the first support level, and at 29.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.63, and for the 2nd resistance point, it is at 31.97.
Ratios To Look Out For
It is important to note that Mercury Systems Inc [NASDAQ:MRCY] has a current ratio of 4.58. In addition, the Quick Ratio stands at 2.93 and the Cash Ratio stands at 0.69. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 1.23.
Transactions by insiders
Recent insider trading involved Ratner Steven, EVP, CHRO, that happened on Jun 18 ’24 when 2202.0 shares were sold. EVP, CHRO, Ratner Steven completed a deal on Feb 20 ’24 to sell 129.0 shares. Meanwhile, EVP, CHRO Ratner Steven sold 1895.0 shares on Feb 16 ’24.
