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

Mirion Technologies (NYSE:MIR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.500-0.570 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Mirion Technologies Trading Up 0.9%

Shares of Mirion Technologies stock traded up $0.20 on Thursday, reaching $21.25. The company had a trading volume of 2,559,213 shares, compared to its average volume of 2,823,262. The firm’s 50-day moving average price is $24.81 and its two-hundred day moving average price is $23.96. Mirion Technologies has a 1 year low of $12.00 and a 1 year high of $30.28. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of 193.55 and a beta of 0.97. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.83 and a quick ratio of 4.32.

Mirion Technologies (NYSE:MIR) last announced its earnings results on Tuesday, February 10th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.01). Mirion Technologies had a net margin of 3.11% and a return on equity of 7.25%. The firm had revenue of $277.40 million during the quarter, compared to analysts’ expectations of $281.17 million. During the same period in the prior year, the company posted $0.17 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. Mirion Technologies has set its FY 2026 guidance at 0.500-0.570 EPS. As a group, research analysts predict that Mirion Technologies will post 0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MIR shares. Evercore began coverage on Mirion Technologies in a research note on Tuesday, November 25th. They set an “outperform” rating and a $29.00 target price on the stock. Morgan Stanley began coverage on shares of Mirion Technologies in a research report on Friday, January 23rd. They set an “equal weight” rating and a $29.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Mirion Technologies from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. The Goldman Sachs Group dropped their price objective on Mirion Technologies from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Citigroup decreased their target price on Mirion Technologies from $35.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $28.88.

Insiders Place Their Bets

In related news, Director Lawrence D. Kingsley sold 350,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.73, for a total transaction of $8,655,500.00. Following the transaction, the director directly owned 3,509,075 shares in the company, valued at $86,779,424.75. The trade was a 9.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Mirion Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Mirion Technologies by 258.2% during the first quarter. Royal Bank of Canada now owns 98,828 shares of the company’s stock worth $1,433,000 after buying an additional 71,241 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Mirion Technologies by 124.3% during the 1st quarter. AQR Capital Management LLC now owns 199,211 shares of the company’s stock worth $2,889,000 after acquiring an additional 110,399 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Mirion Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 122,962 shares of the company’s stock worth $1,783,000 after acquiring an additional 5,366 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Mirion Technologies by 8.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 434,583 shares of the company’s stock valued at $6,301,000 after acquiring an additional 34,973 shares during the period. Finally, Cetera Investment Advisers purchased a new position in shares of Mirion Technologies in the 2nd quarter valued at about $288,000. 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.