Mirion Technologies (NYSE:MIR) Releases FY24 Earnings Guidance

Mirion Technologies (NYSE:MIR) issued an update on its FY24 earnings guidance on Thursday morning. The company provided EPS guidance of $0.37-0.42 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $840.95-856.96 million, compared to the consensus revenue estimate of $852.17 million. Mirion Technologies also updated its FY 2024 guidance to 0.370-0.420 EPS.

Mirion Technologies Trading Down 2.0 %

Shares of NYSE:MIR traded down $0.21 on Friday, hitting $10.09. 2,047,886 shares of the company’s stock were exchanged, compared to its average volume of 991,131. Mirion Technologies has a 12 month low of $6.70 and a 12 month high of $11.78. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of -24.61 and a beta of 0.79. The business’s 50 day simple moving average is $10.65 and its two-hundred day simple moving average is $10.44. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.19 and a quick ratio of 1.57.

Wall Street Analysts Forecast Growth

Separately, Citigroup lifted their target price on Mirion Technologies from $13.00 to $14.00 and gave the stock a buy rating in a research report on Monday, April 8th.

Insider Activity at Mirion Technologies

In related news, CAO Christopher A. Moore sold 8,153 shares of Mirion Technologies stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $10.29, for a total value of $83,894.37. Following the completion of the sale, the chief accounting officer now directly owns 28,128 shares in the company, valued at $289,437.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Mirion Technologies news, CAO Christopher A. Moore sold 8,153 shares of Mirion Technologies stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $10.29, for a total value of $83,894.37. Following the transaction, the chief accounting officer now owns 28,128 shares in the company, valued at $289,437.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Emmanuelle Lee sold 5,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $10.17, for a total value of $50,850.00. Following the sale, the insider now owns 138,193 shares in the company, valued at approximately $1,405,422.81. The disclosure for this sale can be found here. Insiders sold 45,653 shares of company stock worth $487,194 over the last three months. 2.20% of the stock is owned by corporate insiders.

Mirion Technologies Company Profile

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.