Mirion Technologies (NYSE:MIR) Given New $20.00 Price Target at Robert W. Baird

Mirion Technologies (NYSE:MIR) had its price objective cut by Robert W. Baird from $22.00 to $20.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an outperform rating on the stock.

MIR has been the subject of a number of other research reports. Baird R W upgraded Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. The Goldman Sachs Group boosted their target price on Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $18.75.

Mirion Technologies Trading Down 6.9 %

Shares of MIR opened at $12.71 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.55 and a current ratio of 2.16. The company has a market cap of $2.95 billion, a price-to-earnings ratio of -66.87 and a beta of 0.74. The stock has a fifty day moving average price of $15.23 and a two-hundred day moving average price of $15.26. Mirion Technologies has a 52-week low of $9.11 and a 52-week high of $18.81.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Analysts predict that Mirion Technologies will post 0.39 EPS for the current fiscal year.

Institutional Trading of Mirion Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of MIR. US Bancorp DE increased its position in shares of Mirion Technologies by 3,248.7% during the 4th quarter. US Bancorp DE now owns 6,262 shares of the company’s stock worth $109,000 after purchasing an additional 6,075 shares during the last quarter. SkyView Investment Advisors LLC acquired a new stake in shares of Mirion Technologies in the third quarter valued at approximately $111,000. Tower Research Capital LLC TRC increased its holdings in shares of Mirion Technologies by 162.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,649 shares of the company’s stock worth $116,000 after acquiring an additional 4,120 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Mirion Technologies in the 4th quarter valued at $120,000. Finally, Paloma Partners Management Co bought a new position in Mirion Technologies during the third quarter worth $122,000. Institutional investors and hedge funds own 78.51% of the company’s stock.

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.