Mercury Systems, Inc. (NASDAQ:MRCY – Free Report) – Research analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for shares of Mercury Systems in a report issued on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $0.27 per share for the year, up from their previous estimate of $0.22. The consensus estimate for Mercury Systems’ current full-year earnings is ($0.08) per share.
Several other research firms also recently issued reports on MRCY. StockNews.com raised shares of Mercury Systems from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. The Goldman Sachs Group upped their price target on shares of Mercury Systems from $25.00 to $28.00 and gave the company a “sell” rating in a report on Thursday, January 16th. Truist Financial raised their price target on Mercury Systems from $35.00 to $44.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. boosted their price objective on Mercury Systems from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group raised Mercury Systems from an “underperform” rating to a “hold” rating and raised their target price for the company from $30.00 to $42.00 in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $42.14.
Mercury Systems Trading Up 2.6 %
Shares of MRCY stock opened at $43.48 on Wednesday. Mercury Systems has a 12 month low of $26.48 and a 12 month high of $52.25. The company has a market cap of $2.59 billion, a PE ratio of -27.87 and a beta of 0.79. The company has a quick ratio of 2.36, a current ratio of 3.62 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $42.82 and its two-hundred day moving average is $39.41.
Mercury Systems (NASDAQ:MRCY – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Mercury Systems had a negative return on equity of 2.03% and a negative net margin of 10.23%.
Hedge Funds Weigh In On Mercury Systems
Several institutional investors have recently bought and sold shares of MRCY. Neo Ivy Capital Management acquired a new stake in shares of Mercury Systems in the fourth quarter valued at $33,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Mercury Systems by 11.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 140,701 shares of the technology company’s stock valued at $5,909,000 after acquiring an additional 14,129 shares in the last quarter. Vident Advisory LLC raised its stake in shares of Mercury Systems by 29.2% in the fourth quarter. Vident Advisory LLC now owns 35,749 shares of the technology company’s stock worth $1,501,000 after acquiring an additional 8,088 shares during the last quarter. Rafferty Asset Management LLC raised its stake in shares of Mercury Systems by 5.1% in the fourth quarter. Rafferty Asset Management LLC now owns 12,977 shares of the technology company’s stock worth $545,000 after acquiring an additional 632 shares during the last quarter. Finally, ProShare Advisors LLC lifted its position in shares of Mercury Systems by 37.8% during the fourth quarter. ProShare Advisors LLC now owns 15,647 shares of the technology company’s stock worth $657,000 after purchasing an additional 4,294 shares in the last quarter. Institutional investors own 95.99% of the company’s stock.
Insider Buying and Selling at Mercury Systems
In related news, CAO Douglas Munro sold 595 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $44.12, for a total transaction of $26,251.40. Following the completion of the transaction, the chief accounting officer now owns 14,572 shares in the company, valued at $642,916.64. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Charles Roger Iv Wells sold 2,342 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $44.12, for a total value of $103,329.04. Following the completion of the sale, the chief operating officer now owns 95,928 shares in the company, valued at $4,232,343.36. This trade represents a 2.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,314 shares of company stock valued at $234,454 in the last 90 days. 1.60% of the stock is currently owned by company insiders.
About Mercury Systems
Mercury Systems, Inc, a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.
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