17 C
New York
Wednesday, September 27, 2023

Analysts Point To Mirion Technologies Inc. (NYSE: MIR) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Mirion Technologies Inc. (MIR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $8.55. The Mirion Technologies Inc. has recorded 6,170 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Mirion to Present at the Jefferies Industrials Conference.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

As a NYSE listed company, MIR falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. At the end of the last regular session, the stock closed at $8.55 and fluctuated between $8.72 as its day high and $8.41 as its day low. The current market capitalization of Mirion Technologies Inc. is $1.93B. A total of 0.98 million shares were traded on the day, compared to an average of 1.21M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MIR has seen 11 BUY and 0 SELL insider trades, representing the acquisition of 92,922 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 5 SELLs from insiders. Insiders purchased 194,561 shares during that period but sold 9,834,016.

In the most recent transaction, Moore Christopher A. sold 3,430 shares of MIR for 7.92 per share on May 30. After the transaction, the Chief Accounting Officer (PAO) now owns 32,206 company shares. In a previous transaction on Mar 07, Charterhouse General Partners sold 9,786,153 shares at 8.64 per share. MIR shares that Former 10% Owner owns now total 14,960,702.

Among the insiders who sold shares, GSAM Holdings LLC disposed of 2,700 shares on Dec 08 at a per-share price of $6.06. This resulted in the Director holding 0 shares of MIR after the transaction.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MIR in the last 3 months, the mean price target is $10.67 with high estimates of $11.00 and low estimates of $10.00. In terms of 52-week highs and lows, MIR has a high of $9.53 and a low of $5.59.

As of this writing, MIR has an earnings estimate of $0.05 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.04. The company reported an EPS of $0.06 in the last quarter, which was 20.00% higher than expectations of $0.05.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MIR’s latest balance sheet shows that the firm has $84.00M in Cash & Short Term Investments as of fiscal 2021. There were $860.60M in debt and $221.00M in liabilities at the time. Its Book Value Per Share was $7.52, while its Total Shareholder’s Equity was $1.78B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MIR is Buy with a score of 5.00.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles