Mirion Technologies (NYSE:MIR) Issues FY 2026 Earnings Guidance

Mirion Technologies (NYSE:MIR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.480-0.550 for the period, compared to the consensus EPS estimate of 0.540. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Mirion Technologies Stock Performance

Shares of Mirion Technologies stock traded up $0.40 on Thursday, reaching $19.06. 2,238,553 shares of the company were exchanged, compared to its average volume of 3,412,747. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.34 and a current ratio of 2.83. The company’s 50-day moving average is $19.82 and its two-hundred day moving average is $23.19. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 172.96 and a beta of 1.09. Mirion Technologies has a 1-year low of $15.53 and a 1-year high of $30.28.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $257.60 million during the quarter, compared to analyst estimates of $246.33 million. Mirion Technologies had a return on equity of 6.97% and a net margin of 3.11%.The business’s revenue for the quarter was up 27.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 EPS. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, research analysts expect that Mirion Technologies will post 0.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. The Goldman Sachs Group lowered their price target on shares of Mirion Technologies from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. JPMorgan Chase & Co. reduced their target price on shares of Mirion Technologies from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, March 26th. Citigroup decreased their target price on shares of Mirion Technologies from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Robert W. Baird decreased their price objective on Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, Morgan Stanley cut their target price on Mirion Technologies from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.25.

Institutional Investors Weigh In On Mirion Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE raised its stake in shares of Mirion Technologies by 6.6% in the 3rd quarter. US Bancorp DE now owns 6,874 shares of the company’s stock worth $160,000 after buying an additional 425 shares in the last quarter. Kennedy Capital Management LLC grew its holdings in Mirion Technologies by 0.4% during the fourth quarter. Kennedy Capital Management LLC now owns 125,076 shares of the company’s stock worth $2,929,000 after acquiring an additional 505 shares during the period. Altshuler Shaham Ltd raised its position in Mirion Technologies by 5.1% in the fourth quarter. Altshuler Shaham Ltd now owns 11,704 shares of the company’s stock worth $274,000 after acquiring an additional 563 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Mirion Technologies by 58.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,709 shares of the company’s stock worth $40,000 after acquiring an additional 631 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in Mirion Technologies by 175.4% in the 4th quarter. UMB Bank n.a. now owns 1,344 shares of the company’s stock valued at $31,000 after acquiring an additional 856 shares during the last quarter. 78.51% of the stock is currently owned by institutional investors and hedge funds.

Mirion Technologies Company Profile

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.