With 0.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.57 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $42.3 whereas the lowest price it dropped to was $40.1. The 52-week range on MRCY shows that it touched its highest point at $42.93 and its lowest point at $25.31 during that stretch. It currently has a 1-year price target of $36.38. Beta for the stock currently stands at 0.77.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRCY was up-trending over the past week, with a rise of 29.68%, but this was up by 15.66% over a month. Three-month performance surged to 17.84% while six-month performance rose 45.51%. The stock gained 14.06% in the past year, while it has gained 14.71% so far this year. A look at the trailing 12-month EPS for MRCY yields -2.05 with Next year EPS estimates of 0.89. For the next quarter, that number is -0.04. This implies an EPS growth rate of 148.31% for this year and 168.33% for next year.
Float and Shares Shorts:
At present, 58.09 million MRCY shares are outstanding with a float of 58.08 million shares on hand for trading. On 2024-10-15, short shares totaled 4.65 million, which was 782.00005 higher than short shares on 1726185600. In addition to Dr. William L. Ballhaus as the firm’s President, CEO & Chairman, Mr. David E. Farnsworth serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.09883 of MRCY’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2021-07-02, MRCY reported revenue of $204431000.0 and operating income of -$10981000.0. The EBITDA in the recently reported quarter was $9444000.0 and diluted EPS was -$0.3.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRCY since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MRCY analysts setting a high price target of 40.0 and a low target of 20.0, the average target price over the next 12 months is 30.88. Based on these targets, MRCY could drop -4.65% to reach the target high and fall by -52.32% to reach the target low. Reaching the average price target will result in a decline of -26.39% from current levels.
Analysts have provided yearly estimates in a range of -$0.85908 being high and -$1.07384 being low. For MRCY, this leads to a yearly average estimate of -$0.92444.
