Mercury Systems (MRCY) Earns Daily News Sentiment Score of 0.13
News headlines about Mercury Systems (NASDAQ:MRCY) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mercury Systems earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.1597692064631 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- Mercury Systems (MRCY) Presents At Jefferies 13th Annual Industrials Conference – Slideshow (seekingalpha.com)
- See what the IHS Markit Score report has to say about Mercury Systems Inc. (finance.yahoo.com)
- Head-To-Head Analysis: Mercury Systems (MRCY) and Exelis (XLS) (americanbankingnews.com)
- Mercury Systems Inc (MRCY) VP Sells $308,630.00 in Stock (americanbankingnews.com)
- FY2018 EPS Estimates for Mercury Systems Inc Cut by Jefferies Group (NASDAQ:MRCY) (americanbankingnews.com)
MRCY has been the subject of a number of analyst reports. Noble Financial reissued a “hold” rating on shares of Mercury Systems in a research report on Thursday, April 20th. Jefferies Group LLC reissued a “hold” rating and set a $43.00 price objective on shares of Mercury Systems in a research report on Wednesday, May 31st. Zacks Investment Research raised Mercury Systems from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Thursday, June 22nd. Finally, BidaskClub raised Mercury Systems from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 24th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $43.00.
Shares of Mercury Systems (MRCY) traded up 3.02% during trading on Friday, hitting $47.06. The stock had a trading volume of 462,573 shares. Mercury Systems has a one year low of $21.52 and a one year high of $47.26. The stock’s 50-day moving average price is $43.54 and its 200-day moving average price is $39.49. The company has a market cap of $2.17 billion, a P/E ratio of 81.14 and a beta of 0.39.
Mercury Systems (NASDAQ:MRCY) last posted its earnings results on Tuesday, August 1st. The technology company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. Mercury Systems had a return on equity of 4.87% and a net margin of 6.09%. The business had revenue of $115.60 million during the quarter, compared to analyst estimates of $115.11 million. During the same quarter last year, the firm earned $0.23 earnings per share. The company’s revenue for the quarter was up 35.3% compared to the same quarter last year. On average, equities research analysts forecast that Mercury Systems will post $1.24 EPS for the current fiscal year.
In other news, VP Charles A. Speicher sold 7,000 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $44.09, for a total value of $308,630.00. Following the completion of the sale, the vice president now owns 36,983 shares in the company, valued at $1,630,580.47. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark Aslett sold 9,600 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $39.54, for a total value of $379,584.00. Following the completion of the sale, the insider now owns 547,849 shares of the company’s stock, valued at approximately $21,661,949.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,600 shares of company stock valued at $1,432,286. Insiders own 4.30% of the company’s stock.
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About Mercury Systems
Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.
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