Mirion Technologies (NYSE:MIR) Issues FY 2024 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.370-0.420 for the period, compared to the consensus EPS estimate of 0.390. The company issued revenue guidance of $840.9 million-$857.0 million, compared to the consensus revenue estimate of $848.3 million. Mirion Technologies also updated its FY24 guidance to $0.37-$0.42 EPS.

Analyst Ratings Changes

A number of brokerages recently issued reports on MIR. Citigroup boosted their price target on Mirion Technologies from $13.00 to $14.00 and gave the company a buy rating in a report on Monday, April 8th. TheStreet raised shares of Mirion Technologies from a d rating to a b- rating in a research note on Wednesday, February 14th.

Mirion Technologies Stock Performance

Shares of NYSE MIR traded down $0.16 during mid-day trading on Tuesday, hitting $10.86. The stock had a trading volume of 2,312,267 shares, compared to its average volume of 1,167,114. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.48 and a current ratio of 2.03. The company has a 50 day moving average of $10.61 and a two-hundred day moving average of $9.65. Mirion Technologies has a twelve month low of $6.70 and a twelve month high of $11.49. The firm has a market cap of $2.46 billion, a PE ratio of -21.72 and a beta of 0.81.

Mirion Technologies (NYSE:MIR) last released its earnings results on Tuesday, February 13th. The company reported $0.12 earnings per share (EPS) for the quarter. Mirion Technologies had a positive return on equity of 3.09% and a negative net margin of 12.01%. The firm had revenue of $230.40 million for the quarter.

Insider Buying and Selling at Mirion Technologies

In other Mirion Technologies news, CFO Brian Schopfer sold 90,910 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $11.00, for a total value of $1,000,010.00. Following the sale, the chief financial officer now directly owns 211,167 shares of the company’s stock, valued at $2,322,837. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.57% of the stock is owned by corporate insiders.

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.