With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on MRCY shows that it touched its highest point at $52.25 and its lowest point at $26.48 during that stretch. It currently has a 1-year price target of $52.57. Beta for the stock currently stands at 0.66.
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 down-trending over the past week, with a drop of -0.35%, but this was down by -4.50% over a month. Three-month performance surged to 0.50% while six-month performance rose 4.46%. The stock gained 59.55% in the past year, while it has gained 9.21% so far this year. A look at the trailing 12-month EPS for MRCY yields -1.11 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.23. This implies an EPS growth rate of 158.51% for this year and 125.08% for next year.
Float and Shares Shorts:
At present, 58.85 million MRCY shares are outstanding with a float of 58.48 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.12.
