In the latest trading session,, 0.5 million Mirion Technologies Inc (NYSE:MIR) shares changed hands as the company’s beta touched 0.74. With the company’s most recent per share price at $15.29 changed hands at -$0.33 or -2.11% at last look, the market valuation stands at $3.54B. MIR’s current price is a discount, trading about -23.02% off its 52-week high of $18.81. The share price had its 52-week low at $9.11, which suggests the last value was 40.42% up since then. When we look at Mirion Technologies Inc’s average trading volume, we note the 10-day average is 1.37 million shares, with the 3-month average coming to 1.83 million.
Analysts gave the Mirion Technologies Inc (MIR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MIR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Mirion Technologies Inc’s EPS for the current quarter is expected to be 0.11.
Mirion Technologies Inc (NYSE:MIR) trade information
Instantly MIR was in red as seen in intraday trades today. With action 7.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -12.38%, with the 5-day performance at 7.15% in the green. However, in the 30-day time frame, Mirion Technologies Inc (NYSE:MIR) is 5.45% up. Looking at the short shares, we see there were 6.48 million shares sold at short interest cover period of 3.68 days.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 4.44% from its recent market value. According to analyst projections, MIR’s forecast low is 16 with 16 as the target high. To hit the forecast high, the stock’s price needs a -4.64% plunge from its current level, while the stock would need to soar -4.64% for it to hit the projected low.
Mirion Technologies Inc (MIR) estimates and forecasts
Year-over-year growth is forecast to reach 5.04% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 219.12M. 5 analysts are of the opinion that Mirion Technologies Inc’s revenue for the current quarter will be 219.15M. The company’s revenue for the corresponding quarters a year ago was 207.1M and 206.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.81%. The estimates for the next quarter sales put growth at 5.97%.
The 2025 estimates are for Mirion Technologies Inc earnings to increase by 12.81%, but the outlook for the next 5-year period is at 18.79% per year.
MIR Dividends
Mirion Technologies Inc is expected to release its next quarterly earnings report on 2025-Apr-28.
Mirion Technologies Inc (NYSE:MIR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.39% of Mirion Technologies Inc shares while 87.14% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 91.14%. There are 87.14% institutions holding the Mirion Technologies Inc stock share, with GOLDMAN SACHS GROUP INC the top institutional holder. As of 2024-06-30, the company held 18.7826% of the shares, roughly 37.98 million MIR shares worth $407.88 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.8239% or 21.89 million shares worth $235.05 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were JANUS INVESTMENT FUND-Janus Henderson Triton Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 6.68 shares estimated at $101.74 million under it, the former controlled 2.97% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.79% of the shares, roughly 6.29 shares worth around $95.77 million.
