How much can investors make with Mirion Technologies Inc (MIR) stock in the next 12 months?

A share price of Mirion Technologies Inc [MIR] is currently trading at $16.94, up 2.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MIR shares have gain 2.17% over the last week, with a monthly amount glided 15.63%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Mirion Technologies Inc [NYSE: MIR] stock has seen the most recent analyst activity on September 26, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $14. On March 24, 2022, CJS Securities initiated with a Market Outperform rating and assigned a price target of $13 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $14 on November 29, 2021. Citigroup initiated its recommendation with a Buy and recommended $14 as its price target on October 25, 2021.

Mirion Technologies Inc experienced fluctuations in its stock price throughout the past year between $8.89 and $17.09. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Mirion Technologies Inc [NYSE: MIR] shares were valued at $16.94 at the most recent close of the market. An investor can expect a potential drop of -11.45% based on the average MIR price forecast.

Analyzing the MIR fundamentals

Trailing Twelve Months sales for Mirion Technologies Inc [NYSE:MIR] were 836.90M which represents 8.16% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.

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 16.60 points at the first support level, and at 16.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.19, and for the 2nd resistance point, it is at 17.43.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mirion Technologies Inc [NYSE:MIR] is 2.16. In addition, the Quick Ratio stands at 1.55 and the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 4.70, the price to book ratio is 2.59.

Transactions by insiders

Recent insider trading involved Logan Thomas D, Officer, that happened on Nov 25 ’24 when 7500.0 shares were purchased. Chief Legal Officer, Lee Emmanuelle completed a deal on Oct 31 ’24 to sell 3405.0 shares. Meanwhile, Chief Executive Officer Logan Thomas D sold 7500.0 shares on Oct 24 ’24.

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