At the time of writing, Mirion Technologies Inc [MIR] stock is trading at $13.59, down -4.90%. An important factor to consider is whether the stock is rising or falling in short-term value. The MIR shares have lost -0.37% over the last week, with a monthly amount drifted -5.23%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Mirion Technologies Inc [NYSE: MIR] stock has seen the most recent analyst activity on December 19, 2024, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $22. Previously, B. Riley Securities started tracking the stock with Buy rating on September 26, 2024, and set its price target to $14. CJS Securities started tracking the stock assigning a Market Outperform rating and suggested a price target of $13 on March 24, 2022. Goldman initiated its recommendation with a Buy and recommended $14 as its price target on November 29, 2021. Citigroup started tracking with a Buy rating for this stock on October 25, 2021, and assigned it a price target of $14.
For the past year, the stock price of Mirion Technologies Inc fluctuated between $9.11 and $18.81. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Mirion Technologies Inc [NYSE: MIR] shares were valued at $13.59 at the most recent close of the market. An investor can expect a potential return of 17.73% based on the average MIR price forecast.
Analyzing the MIR fundamentals
According to Mirion Technologies Inc [NYSE:MIR], the company’s sales were 860.80M for trailing twelve months, which represents an 10.37% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 13.15 points at the first support level, and at 12.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.99, and for the 2nd resistance point, it is at 14.39.
Ratios To Look Out For
It is important to note that Mirion Technologies Inc [NYSE:MIR] has a current ratio of 2.26. On the other hand, the Quick Ratio is 1.75, and the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 3.66, the price to book ratio is 2.10.
Transactions by insiders
Recent insider trading involved Logan Thomas D, Former Affiliate, that happened on Jan 23 ’25 when 7500.0 shares were purchased. Former Affiliate, Logan Thomas D completed a deal on Dec 23 ’24 to buy 7500.0 shares. Meanwhile, Technologies Group President Eloy Loic sold 44000.0 shares on Dec 13 ’24.
