Mirion Technologies (NYSE:MIR) Issues FY 2026 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.480-0.550 for the period, compared to the consensus earnings per share estimate of 0.530. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Mirion Technologies Stock Performance

NYSE MIR traded down $1.93 on Wednesday, hitting $14.86. 2,794,318 shares of the company’s stock traded hands, compared to its average volume of 3,651,132. The firm’s 50-day moving average price is $17.28 and its two-hundred day moving average price is $19.91. The firm has a market capitalization of $3.72 billion, a PE ratio of 148.85 and a beta of 1.03. The company has a current ratio of 3.19, a quick ratio of 2.63 and a debt-to-equity ratio of 0.63. Mirion Technologies has a 1-year low of $14.79 and a 1-year high of $30.28.

Mirion Technologies (NYSE:MIR) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. The firm had revenue of $266.80 million for the quarter, compared to analyst estimates of $269.32 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. As a group, analysts expect that Mirion Technologies will post 0.53 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on MIR shares. Weiss Ratings downgraded Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, July 20th. The Goldman Sachs Group decreased their price objective on Mirion Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday, July 10th. Morgan Stanley lowered their target price on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, July 13th. Finally, Citigroup reduced their price target on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

Insider Buying and Selling at Mirion Technologies

In other news, CAO Christopher A. Moore sold 8,400 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer owned 22,157 shares in the company, valued at $435,163.48. This trade represents a 27.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.20% of the stock is currently owned by insiders.

Institutional Trading of Mirion Technologies

Institutional investors have recently modified their holdings of the stock. UBS Group AG raised its position in shares of Mirion Technologies by 181.4% during the 3rd quarter. UBS Group AG now owns 4,796,833 shares of the company’s stock worth $111,574,000 after purchasing an additional 3,092,136 shares during the last quarter. TCW Group Inc. acquired a new stake in Mirion Technologies in the 4th quarter worth about $57,439,000. Invesco Ltd. increased its stake in Mirion Technologies by 713.2% during the 2nd quarter. Invesco Ltd. now owns 2,617,252 shares of the company’s stock worth $56,349,000 after buying an additional 2,295,414 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Mirion Technologies by 559.9% during the third quarter. Ameriprise Financial Inc. now owns 1,717,192 shares of the company’s stock valued at $39,942,000 after acquiring an additional 1,456,987 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Mirion Technologies by 600.7% during the fourth quarter. JPMorgan Chase & Co. now owns 1,670,064 shares of the company’s stock valued at $39,113,000 after acquiring an additional 1,431,724 shares during the last quarter. Institutional investors and hedge funds own 78.51% of the company’s stock.

About Mirion Technologies

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.