At the time of writing, Mirion Technologies Inc [MIR] stock is trading at $18.65, up 3.44%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MIR shares have gain 2.30% over the last week, with a monthly amount glided 21.42%, 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.
For the past year, the stock price of Mirion Technologies Inc fluctuated between $9.11 and $18.67. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Mirion Technologies Inc [NYSE: MIR] shares were valued at $18.65 at the most recent close of the market. An investor can expect a potential drop of -19.57% based on the average MIR price forecast.
Analyzing the MIR fundamentals
According to Mirion Technologies Inc [NYSE:MIR], the company’s sales were 836.90M for trailing twelve months, which represents an 8.16% jump. 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 18.24 points at the first support level, and at 17.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.93, and for the 2nd resistance point, it is at 19.22.
Ratios To Look Out For
It is important to note that Mirion Technologies Inc [NYSE:MIR] has a current ratio of 2.16. Further, the Quick Ratio stands at 1.55, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 5.26, the price to book ratio is 2.85.
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.
