As of September 19, 2023, Mercury Sys (NASDAQ:MRCY) has garnered the attention of 11 analysts who have provided their insights on the company’s 12-month price targets in the past three months. These analysts have collectively arrived at an average price target of $38.73, with the highest projection reaching $48.00 and the lowest estimate at $25.00. Notably, the current average price target has experienced a decline of 14.77% compared to the previous average of $45.44.
Examining the analyst ratings for Mercury Sys within the last quarter, we find that there were 3 bullish ratings, 1 somewhat bullish rating, 7 indifferent ratings, and no somewhat bearish or bearish ratings. It is crucial to acknowledge that analysts, being human, offer their subjective opinions to investors.
Mercury Systems, Inc.
MRCY
Buy
Updated on: 26/09/2023
Financial Health
Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
MRCY Stock Performance and Financial Analysis: September 19, 2023
MRCY stock had a mixed performance on September 19, 2023. The stock opened at $39.44, slightly higher than the previous day’s closing price of $38.97. Throughout the day, it traded within a range of $38.26 to $39.44. The stock had a relatively low trading volume of 19,347.
MRCY’s market capitalization stood at $2.2 billion. The company’s earnings growth was negative in the previous year, with a decline of 346.80%. However, it showed positive growth of 73.31% in the current year. Looking ahead, the company is expected to experience modest earnings growth of 1.71% over the next five years.
The revenue growth for MRCY was negative at -1.45% in the last year. However, it is important to note that the company’s price-to-sales ratio stands at 2.01, indicating that investors are willing to pay a premium for the company’s sales. The price-to-book ratio of 1.37 suggests that the stock is trading below its book value.
MRCY does not have a P/E ratio listed, which could be due to negative earnings. The net profit margin for MRCY is -2.91%.
MRCY operates in the aerospace and defense industry. The company’s corporate headquarters are located in Andover, Massachusetts.
Investors should consider various factors, such as the company’s financial health, industry trends, and market conditions, before making any investment decisions.
MRCY’s next reporting date is scheduled for October 31, 2023. Analysts are forecasting earnings per share of $0.31 for the current quarter. The company reported annual revenue of $973.9 million in the last year, with a net profit of -$28.3 million.
In conclusion, MRCY stock had a mixed performance on September 19, 2023, with a slight increase in the opening price. The company’s financials indicate negative earnings growth in the previous year, but positive growth in the current year. The stock is trading below its book value, but its revenue growth was negative in the last year. Investors should carefully analyze the company’s financial health and industry outlook before making any investment decisions.
Mercury Systems Inc (MRCY) Stock Analysis: Target Price, Performance, and Investment Outlook
On September 19, 2023, Mercury Systems Inc (MRCY) stock had a median target price of $39.50, according to 8 analysts offering 12-month price forecasts. The high estimate was $48.00, while the low estimate was $25.00.
The consensus among 9 polled investment analysts was to hold stock in Mercury Systems Inc. This rating has remained unchanged since June.
Looking at the current quarter’s performance, Mercury Systems Inc reported earnings per share of $0.31 and sales of $234.6 million.
Overall, the analysts’ price forecasts and the consensus rating suggest that Mercury Systems Inc is expected to perform well in the coming months. However, investors should closely monitor the company’s financial reports and any other relevant news or developments to make informed investment decisions.
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