Mercury Systems (MRCY) Scheduled to Post Quarterly Earnings on Tuesday

Mercury Systems (NASDAQ:MRCY) is scheduled to be releasing its earnings data after the market closes on Tuesday, August 13th. Analysts expect Mercury Systems to post earnings of ($0.07) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Mercury Systems Trading Up 2.7 %

Shares of NASDAQ:MRCY opened at $35.60 on Monday. The stock’s 50-day simple moving average is $31.13 and its two-hundred day simple moving average is $29.98. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of -15.15 and a beta of 0.68. Mercury Systems has a 52-week low of $25.31 and a 52-week high of $40.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.93 and a current ratio of 4.58.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Mercury Systems from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Friday, May 24th. Truist Financial dropped their price target on shares of Mercury Systems from $28.00 to $26.00 and set a “hold” rating on the stock in a research note on Wednesday, May 8th. Four investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $26.86.

Mercury Systems Company Profile

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.