Mirion Technologies, Inc. (NYSE:MIR) Receives $25.56 Average Target Price from Analysts

Mirion Technologies, Inc. (NYSE:MIR) has earned a consensus recommendation of “Moderate Buy” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $25.5556.

Several research firms have recently commented on MIR. Morgan Stanley lowered their price objective on shares of Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, July 13th. Weiss Ratings raised Mirion Technologies from a “sell (d)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Jefferies Financial Group began coverage on Mirion Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $20.00 price target on the stock. B. Riley Financial reduced their price objective on Mirion Technologies from $29.00 to $27.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $23.00 target price on shares of Mirion Technologies in a research report on Wednesday, July 29th.

Institutional Trading of Mirion Technologies

Several large investors have recently made changes to their positions in MIR. Swiss Life Asset Management Ltd lifted its holdings in shares of Mirion Technologies by 10.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 10,856 shares of the company’s stock valued at $254,000 after buying an additional 1,024 shares during the period. Altshuler Shaham Ltd boosted its stake in shares of Mirion Technologies by 12.3% in the first quarter. Altshuler Shaham Ltd now owns 13,147 shares of the company’s stock worth $244,000 after buying an additional 1,443 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Mirion Technologies by 2.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 56,700 shares of the company’s stock worth $1,328,000 after acquiring an additional 1,500 shares during the period. Daiwa Securities Group Inc. grew its holdings in Mirion Technologies by 3.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 47,000 shares of the company’s stock worth $1,100,000 after acquiring an additional 1,600 shares during the period. Finally, Truist Financial Corp raised its position in Mirion Technologies by 5.1% during the fourth quarter. Truist Financial Corp now owns 33,856 shares of the company’s stock valued at $793,000 after acquiring an additional 1,653 shares in the last quarter. 78.51% of the stock is owned by hedge funds and other institutional investors.

Mirion Technologies Stock Up 1.8%

Shares of Mirion Technologies stock opened at $15.66 on Friday. Mirion Technologies has a 52-week low of $14.11 and a 52-week high of $30.28. The firm’s 50 day moving average price is $15.79 and its 200-day moving average price is $17.75. The company has a quick ratio of 2.63, a current ratio of 3.20 and a debt-to-equity ratio of 0.64. The company has a market cap of $3.90 billion, a P/E ratio of 156.59 and a beta of 1.05.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.02. The firm had revenue of $266.80 million for the quarter, compared to the consensus estimate of $269.32 million. Mirion Technologies had a net margin of 2.39% and a return on equity of 6.59%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.11 earnings per share. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, sell-side analysts predict that Mirion Technologies will post 0.54 EPS for the current fiscal year.

About Mirion Technologies

Mirion Technologies, Inc develops and provides radiation detection, measurement, and analysis solutions. Its products and services are used to monitor radiation, support nuclear safety, improve operational efficiency, and provide data for medical, industrial, scientific, and government applications.

The company’s offerings include radiation detectors, spectroscopy systems, dosimetry and personnel-monitoring solutions, radiation-monitoring equipment, and related software and services. In healthcare, Mirion provides technologies used in radiation therapy quality assurance, medical imaging, and radiation safety.