Mirion Technologies Inc (NYSE: MIR) is 61.76% higher on its value in year-to-date trading and has touched a low of $8.65 and a high of $16.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MIR stock was last observed hovering at around $16.78 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $16.58, the stock is 7.86% and 22.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing -1.19% at the moment leaves the stock 47.27% off its SMA200. MIR registered 89.27% gain for a year compared to 6-month gain of 53.95%. The firm has a 50-day simple moving average (SMA 50) of $13.3906 and a 200-day simple moving average (SMA200) of $11.2247.
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The stock witnessed a 15.46% loss in the last 1 month and extending the period to 3 months gives it a 50.73%, and is 5.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.46% over the week and 4.58% over the month.
Mirion Technologies Inc (MIR) has around 3000 employees, a market worth around $3.85B and $836.90M in sales. Fwd P/E is 33.86. Profit margin for the company is -7.92%. Distance from 52-week low is 91.79% and -1.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.97%).
with sales reaching $245.73M over the same period.The EPS is expected to grow by 15.95% this year, but quarterly earnings will post 6.41% year-over-year. Quarterly sales are estimated to grow 6.65% in year-over-year returns.
Mirion Technologies Inc (MIR) Top Institutional Holders
249.0 institutions hold shares in Mirion Technologies Inc (MIR), with institutional investors hold 96.51% of the company’s shares. The shares outstanding are 232.29M, and float is at 222.12M with Short Float at 1.65%. Institutions hold 95.46% of the Float.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 37.98 million shares valued at $407.88 million. The investor’s holdings represent 19.0147% of the MIR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.89 million shares valued at $235.05 million to account for 10.9576 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 19.98 million shares representing 10.0044% and valued at over $214.6 million, while BLACKROCK INC. holds 7.9119 of the shares totaling 15.8 million with a market value of $169.72 million.
Mirion Technologies Inc (MIR) Insider Activity
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Mirion Technologies Inc disclosed in a document filed with the SEC on Oct 31 ’24 that Lee Emmanuelle (Chief Legal Officer) sold a total of 3,405 shares of the company’s common stock. The trade occurred on Oct 31 ’24 and was made at $14.27 per share for $48603.0. Following the transaction, the insider now directly holds 0.0 shares of the MIR stock.
Still, SEC filings show that on Oct 24 ’24, Logan Thomas D (Chief Executive Officer) disposed off 7,500 shares at an average price of $14.11 for $0.11 million. The insider now directly holds 0 shares of Mirion Technologies Inc (MIR).
