Mirion Technologies (NYSE:MIR) Announces Quarterly Earnings Results

Mirion Technologies (NYSE:MIR) released its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02, Zacks reports. Mirion Technologies had a negative net margin of 7.84% and a positive return on equity of 4.33%. Mirion Technologies updated its FY 2025 guidance to 0.450-0.500 EPS.

Mirion Technologies Stock Performance

MIR traded down $0.15 on Tuesday, hitting $16.16. The company had a trading volume of 2,083,548 shares, compared to its average volume of 2,032,644. Mirion Technologies has a 1-year low of $9.11 and a 1-year high of $18.81. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The company’s fifty day moving average price is $17.02 and its 200 day moving average price is $14.03. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of -47.51 and a beta of 0.73.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MIR. Baird R W raised Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Robert W. Baird assumed coverage on Mirion Technologies in a report on Thursday, December 19th. They set an “outperform” rating and a $22.00 price target for the company. Citigroup lifted their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group increased their price target on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Three equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $19.25.

About Mirion Technologies

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.