Mirion Technologies (MIR) Scheduled to Post Quarterly Earnings on Tuesday

Mirion Technologies (NYSE:MIR) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Mirion Technologies to post earnings of $0.10 per share for the quarter. Mirion Technologies has set its FY24 guidance at $0.37-0.42 EPS and its FY 2024 guidance at 0.370-0.420 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Mirion Technologies (NYSE:MIR) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.03. Mirion Technologies had a positive return on equity of 3.81% and a negative net margin of 7.80%. The business had revenue of $207.10 million for the quarter, compared to analyst estimates of $210.77 million. During the same quarter in the prior year, the firm posted $0.08 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year.

Mirion Technologies Stock Performance

Mirion Technologies stock opened at $14.36 on Monday. Mirion Technologies has a 1 year low of $6.70 and a 1 year high of $14.80. The company’s 50-day moving average is $11.45 and its two-hundred day moving average is $10.89. The company has a current ratio of 2.18, a quick ratio of 1.55 and a debt-to-equity ratio of 0.44. The company has a market cap of $3.27 billion, a PE ratio of -35.02 and a beta of 0.79.

Insider Buying and Selling at Mirion Technologies

In other Mirion Technologies news, insider Loic Eloy sold 22,139 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $9.91, for a total value of $219,397.49. Following the completion of the sale, the insider now directly owns 177,663 shares in the company, valued at $1,760,640.33. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Thomas D. Logan sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $10.47, for a total value of $78,525.00. Following the sale, the chief executive officer now directly owns 1,544,017 shares in the company, valued at $16,165,857.99. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Loic Eloy sold 22,139 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $9.91, for a total value of $219,397.49. Following the transaction, the insider now owns 177,663 shares of the company’s stock, valued at approximately $1,760,640.33. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,139 shares of company stock valued at $433,422. Corporate insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

Separately, B. Riley started coverage on shares of Mirion Technologies in a research report on Thursday, September 26th. They set a “buy” rating and a $14.00 target price for the company.

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.