Mercury Systems (NASDAQ:MRCY) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Mercury Systems Inc (NASDAQ:MRCY)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $80.11 and traded as high as $86.30. Mercury Systems shares last traded at $83.58, with a volume of 1,380,599 shares changing hands.

More Mercury Systems News

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: For fiscal Q1 2027, Mercury reported adjusted earnings of $0.52 per share, above estimates of $0.28–$0.30 and up from $0.26 a year earlier. Revenue of $253.2 million also beat the roughly $245 million forecast and rose 12.4% year over year. These results point to better-than-expected performance. Mercury Systems Reports First Quarter Results
• Negative Sentiment: Reports said MRCY shares fell despite the earnings beat, with broader defense-sector concerns weighing on investor sentiment. That suggests sector-related worries may be overpowering the company’s strong quarterly results in the near term. Defense Sector Concerns Weigh on Mercury Systems Shares

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Piper Sandler lowered their target price on Mercury Systems from $131.00 to $107.00 and set an “overweight” rating on the stock in a research note on Friday, October 23rd. Truist Financial upped their target price on Mercury Systems from $109.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Robert W. Baird raised their price target on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Zacks Research lowered Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen cut Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Mercury Systems currently has a consensus rating of “Hold” and a consensus target price of $107.90.

Mercury Systems Price Performance

The company’s 50-day simple moving average is $80.11 and its 200 day simple moving average is $90.99. The company has a market capitalization of $5.09 billion, a P/E ratio of -167.16 and a beta of 0.98. The company has a quick ratio of 1.85, a current ratio of 2.96 and a debt-to-equity ratio of 0.29.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, November 10th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.22. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The business had revenue of $253.15 million for the quarter, compared to the consensus estimate of $245.00 million. During the same quarter last year, the firm earned $0.26 EPS. Mercury Systems’s revenue for the quarter was up 12.4% on a year-over-year basis. As a group, sell-side analysts expect that Mercury Systems Inc will post 0.91 earnings per share for the current fiscal year.

Insider Transactions at Mercury Systems

In related news, EVP Stuart Kupinsky sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $76.00, for a total value of $76,000.00. Following the transaction, the executive vice president directly owned 59,971 shares of the company’s stock, valued at approximately $4,557,796. This trade represents a 1.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Ballhaus sold 49,090 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $89.10, for a total value of $4,373,919.00. Following the completion of the sale, the chief executive officer owned 361,822 shares of the company’s stock, valued at approximately $32,238,340.20. This trade represents a 11.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 452,186 shares of company stock worth $41,933,170. 0.99% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Mercury Systems in the second quarter valued at approximately $1,146,342,000. Segall Bryant & Hamill LLC lifted its stake in shares of Mercury Systems by 46.9% in the first quarter. Segall Bryant & Hamill LLC now owns 934,824 shares of the technology company’s stock worth $68,158,000 after buying an additional 298,298 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Mercury Systems by 2.6% in the second quarter. Wellington Management Group LLP now owns 775,502 shares of the technology company’s stock worth $94,867,000 after buying an additional 19,977 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Mercury Systems by 52.9% in the first quarter. Jennison Associates LLC now owns 688,114 shares of the technology company’s stock worth $50,170,000 after buying an additional 238,147 shares during the last quarter. Finally, Bamco Inc. NY bought a new stake in shares of Mercury Systems during the 2nd quarter worth $74,244,000. Institutional investors and hedge funds own 95.99% of the company’s stock.

About Mercury Systems

Mercury Systems, Inc. develops and supplies secure processing systems and subsystems for the aerospace and defense industries. Its products include embedded computing, signal processing, radio-frequency and microwave components, and other technologies used to process and manage critical data. The company’s technologies support applications such as radar, electronic warfare, communications, avionics, and command-and-control systems. Mercury works with defense contractors and government customers, providing components and systems designed for use in demanding environments.