According to Bloomberg.com, each of the seven rating agencies that cover Mercury Systems, INC (NASDAQ: MRCY) has assigned the company a recommendation of “Hold” as the overall rating for the stock.
This is the recommendation that the rating agencies have made.
Two financial experts have suggested purchasing company stock shares, while four other industry professionals have advised investors to maintain their current holdings.
The average price target for one year that brokers who reported on the stock in the year before have for the stock are $58.67.
This price target was reported by the brokers who reported on the stock the year before.
On February 16, Christopher C. Cambria, Executive Vice President of the company, sold off 476 shares, as reported in related news.
The cost per share was determined to be an average of $54.37, resulting in the transaction’s total value of 25,880.12 dollars. Following the completion of the transaction, the executive vice president has accumulated a total of 117,858 shares of the company, which have an approximate value of $6,407,939.46 at present. You might find a legal file that elaborates on the transaction on the Securities and Exchange Commission (SEC) website. On February 16, Christopher C. Cambria, Executive Vice President of the company, sold off 476 shares, as reported in related news.
The cost per share was determined to be an average of $54.37, resulting in the transaction’s total value of 25,880.12 dollars. Following the completion of the transaction, the executive vice president has accumulated a total of 117,858 shares of the company, which have an approximate value of $6,407,939.46 at present.
If you go to the website of the SEC, you should be able to find a legal file there that details the transaction in greater detail.
Mark Aslett, the company’s president and chief executive officer, sold 4,708 shares of the company’s stock on February 16 as well.
It was determined that each share was sold at an average price of $54.37, which led to a total sale volume of 255,973.96 dollars.
The price at which the shares were sold was determined to be average. Following the successful conclusion of the transaction, the company’s CEO now directly owns 523,088 shares of the company’s stock, which have a combined value of $28,440,294.56.
Disclosures related to the sale might be found in this website section.
During the most recent fiscal period, company insiders sold 10,851 shares for a total price of $582,461, the highest sale price ever recorded. 2.10 percent of the total number of shares in the company are held by people who work there.
Recently, several individuals who follow the markets have been concentrating their attention on MRCY shares. Jefferies Financial Group gave the stock a ” hold ” rating in a research report released on Monday, February 6, and raised their price target for Mercury Systems from $50.00 to $55.00.
The report was published on the day that it was released.
In addition, a recommendation to “hold” the stock was included in the report.
A research report that StockNews.com published on Saturday, January 14, included a recommendation to “hold” Mercury Systems rather than a recommendation to “sell” the company’s stock.
The report was about the company’s financial performance. Raymond James gave Mercury Systems an “outperform” rating and increased their target price for the stock from $55.00 to $60.00 in a research report published on February 1.
In addition, they lifted the price target they had set for the stock from $55.00 to $60.00.
The Royal Bank of Canada decreased its target price for Mercury Systems from $60.00 to $54.00 in a research report made public on Friday, December 16.
This modification was carried out.
According to the study’s findings, the “outperform” rating given to Mercury Systems was changed to “sector perform.”
Several hedge funds have been active buyers and sellers of MRCY shares in the most recent period.
In the final three months of 2018, Dark Forest Capital Management LP saw a 122.6% increase in its ownership stake in Mercury Systems.
After an increase of 353, the total value of Dark Forest Capital Management LP’s holdings in the technology company, which now amounts to 641 shares, was brought up to $29,000, bringing the total value per share to $29.
Point 72 Middle East FZE was provided with an additional employment opportunity at Mercury Systems during the fourth quarter, with a salary of approximately $35,000.
Eagle Bay Advisors LLC increased its ownership stake in Mercury Systems by 337.4% over the final three months of 2018.
Eagle Bay Advisors LLC increased its holdings in the stock of the technology firm by purchasing an additional 604 shares during the most recent reporting period.
This brings the total number of shares it currently possesses to 783, valued at $35,000.
Eagle Bay Advisors LLC is a limited liability company specializing in investment advisory services. Following the acquisition of an additional 1,200 shares in the prior quarter, Cowen Prime Advisors LLC increased the total number of shares in Mercury Systems that is owned by a factor of 600.0% during the fourth quarter.
As a result of this expansion, the company now holds 1,400 shares of stock in the technology company, which gives these holdings a value of $63,000.
And finally, during the first quarter of this year, Captrust Financial Advisors increased the amount of its investment in Mercury Systems by 60.7%, bringing the total amount of its Mercury Systems holdings to $1.
During the most recent fiscal period, Captrust Financial Advisors increased their holdings in the technology company’s stock by purchasing an additional 594 shares.
This brings their total holdings to 1,573 shares of the company’s stock, valued at $101,000. Hedge funds and other types of institutional investors collectively hold 98.41% of the outstanding shares of the company’s stock.
These investors own the stock individually.
When the stock market opened for business on Thursday morning, the price of a share of Mercury Systems was $48.40.
According to the simple moving average calculated over the past 200 days, the stock’s current price is $48.28, while the price calculated over the past 50 days is $51.16.
The company’s market capitalization is currently estimated to be $2.81 billion, and it has a beta value of 1.01, a P/E ratio of -605.00, and a P/E/G ratio of 23.76.
A debt-to-equity ratio comes in at 0.33; a quick ratio at 2.92; a current ratio at 4.47; and a quick ratio at 2.92. Over the previous year, the price of Mercury Systems ranged from its all-time low of $40.48 to its all-time high of $68.38.
Mercury Systems, INC is a commercial technology company that operates globally and has a presence in several different nations.
The company provides support for the aerospace and defense industries.
Integrated subsystems, modules and subassemblies, and individual components are the three categories of products that can be purchased from this company.
The company’s products can be broken down into these three categories. Components, or individual technological elements, can be physically integrated into modules or subassemblies to construct larger technical structures.
Each component performs a distinct technological function; they are also known by their other name, individual technological elements.