Mirion Technologies (NYSE:MIR) Issues FY 2026 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.480-0.550 for the period, compared to the consensus estimate of 0.530. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Mirion Technologies Stock Up 0.1%

Shares of NYSE:MIR traded up $0.02 on Tuesday, reaching $16.87. The company had a trading volume of 4,398,114 shares, compared to its average volume of 3,662,523. The stock has a market capitalization of $4.23 billion, a P/E ratio of 168.72 and a beta of 1.03. The stock has a 50-day moving average price of $17.31 and a 200 day moving average price of $19.96. Mirion Technologies has a twelve month low of $15.57 and a twelve month high of $30.28. The company has a quick ratio of 2.63, a current ratio of 3.19 and a debt-to-equity ratio of 0.63.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. The business had revenue of $266.80 million during the quarter, compared to the consensus estimate of $269.32 million. Mirion Technologies had a net margin of 2.56% and a return on equity of 6.44%. Mirion Technologies has set its FY 2026 guidance at 0.480-0.550 EPS. On average, equities analysts expect that Mirion Technologies will post 0.53 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MIR. Robert W. Baird lowered their price target on shares of Mirion Technologies from $29.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Morgan Stanley dropped their target price on Mirion Technologies from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, July 13th. Citigroup cut their target price on Mirion Technologies from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Weiss Ratings lowered Mirion Technologies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, July 20th. Finally, The Goldman Sachs Group dropped their price objective on Mirion Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.00.

Insiders Place Their Bets

In other news, CAO Christopher A. Moore sold 8,400 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $19.64, for a total transaction of $164,976.00. Following the transaction, the chief accounting officer owned 22,157 shares of the company’s stock, valued at $435,163.48. This represents a 27.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Mirion Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. acquired a new position in shares of Mirion Technologies in the 4th quarter valued at $1,877,000. Invesco Ltd. grew its stake in Mirion Technologies by 12.5% in the fourth quarter. Invesco Ltd. now owns 3,101,120 shares of the company’s stock valued at $72,628,000 after acquiring an additional 344,230 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Mirion Technologies by 16.9% in the fourth quarter. Corient Private Wealth LLC now owns 14,510 shares of the company’s stock worth $339,000 after acquiring an additional 2,099 shares in the last quarter. Vident Advisory LLC acquired a new stake in shares of Mirion Technologies during the fourth quarter worth about $331,000. Finally, State of Tennessee Department of Treasury raised its position in shares of Mirion Technologies by 29.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 74,501 shares of the company’s stock worth $1,851,000 after purchasing an additional 17,081 shares during the period. Institutional investors own 78.51% of the company’s stock.

Mirion Technologies Company Profile

Mirion Technologies Inc (NYSE: MIR) is a leading global provider of radiation detection, measurement and monitoring solutions. The company’s portfolio includes instrumentation, software and service offerings designed to detect, quantify and manage radiation in nuclear power, oil and gas, defense and homeland security, medical imaging and diagnostic applications. Mirion’s product suite spans personal and environmental dosimetry, area monitors, digital imaging detectors and turnkey solutions for decommissioning and environmental remediation projects.

Mirion traces its origins to the combination of several established radiation measurement businesses, including the former Canberra nuclear instrumentation division, and has been supported by private equity investors before completing its initial public offering on the New York Stock Exchange in 2023.