Mirion Technologies (NYSE:MIR) Updates FY 2025 Earnings Guidance

Mirion Technologies (NYSE:MIR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.450-0.500 for the period, compared to the consensus earnings per share estimate of 0.490. The company issued revenue guidance of $895.2 million-$912.4 million, compared to the consensus revenue estimate of $897.9 million.

Analyst Ratings Changes

A number of research firms recently issued reports on MIR. Robert W. Baird initiated coverage on Mirion Technologies in a research note on Thursday, December 19th. They set an “outperform” rating and a $22.00 price target on the stock. Citigroup raised their target price on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Finally, The Goldman Sachs Group raised their price objective on shares of Mirion Technologies from $16.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Mirion Technologies presently has a consensus rating of “Buy” and an average target price of $19.25.

Mirion Technologies Stock Performance

Shares of NYSE MIR traded down $0.15 during mid-day trading on Tuesday, hitting $16.16. 1,927,084 shares of the company were exchanged, compared to its average volume of 2,032,486. The stock has a 50 day simple moving average of $17.02 and a 200-day simple moving average of $14.03. Mirion Technologies has a 1-year low of $9.11 and a 1-year high of $18.81. The company has a quick ratio of 1.55, a current ratio of 2.16 and a debt-to-equity ratio of 0.43. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of -47.51 and a beta of 0.73.

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.