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

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Evercore began coverage on shares of Mirion Technologies in a research note on Tuesday, November 25th. They set an “outperform” rating and a $29.00 price objective on the stock. Morgan Stanley started coverage on shares of Mirion Technologies in a research report on Friday, January 23rd. They set an “equal weight” rating and a $29.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on shares of Mirion Technologies from $28.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Finally, Citigroup lowered their price objective on shares of Mirion Technologies from $35.00 to $33.00 and set a “buy” rating on the stock in a research note 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $28.38.

Mirion Technologies Price Performance

Shares of NYSE MIR traded down $0.60 during midday trading on Tuesday, reaching $23.49. The company’s stock had a trading volume of 3,497,443 shares, compared to its average volume of 2,583,317. The company has a current ratio of 4.83, a quick ratio of 4.32 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average price of $24.91 and a 200 day moving average price of $23.97. Mirion Technologies has a one year low of $12.00 and a one year high of $30.28. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 213.56 and a beta of 0.97.

Insider Activity

In other Mirion Technologies news, Director Lawrence D. Kingsley sold 350,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.73, for a total value of $8,655,500.00. Following the transaction, the director owned 3,509,075 shares of the company’s stock, valued at approximately $86,779,424.75. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Mirion Technologies

Hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new position in shares of Mirion Technologies in the 3rd quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Mirion Technologies by 470.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $35,000 after buying an additional 1,354 shares during the period. Global Retirement Partners LLC increased its position in shares of Mirion Technologies by 78.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,018 shares of the company’s stock worth $47,000 after acquiring an additional 887 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Mirion Technologies by 1,917.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,571 shares of the company’s stock valued at $84,000 after acquiring an additional 3,394 shares during the period. Finally, NewEdge Advisors LLC acquired a new stake in shares of Mirion Technologies during the third quarter valued at approximately $108,000. 78.51% of the stock is owned by hedge funds and other institutional investors.

Mirion Technologies Company Profile

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.