Mercury Systems Inc (MRCY) concluded trading on Wednesday at a closing price of $43.76, with 0.49 million shares of worth about $21.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 46.60% during that period and on January 08, 2025 the price saw a gain of about 3.16%. Currently the company’s common shares owned by public are about 58.45M shares, out of which, 58.21M shares are available for trading.
Stock saw a price change of 4.19% in past 5 days and over the past one month there was a price change of 14.20%. Year-to-date (YTD), MRCY shares are showing a performance of 4.19% which increased to 30.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.31 but also hit the highest price of $44.62 during that period. The average intraday trading volume for Mercury Systems Inc shares is 486.53K. The stock is currently trading 7.91% above its 20-day simple moving average (SMA20), while that difference is up 10.61% for SMA50 and it goes to 27.61% higher than SMA200.
Mercury Systems Inc (NASDAQ: MRCY) currently have 58.45M outstanding shares and institutions hold larger chunk of about 106.23% of that.
The stock has a current market capitalization of $2.61B and its 3Y-monthly beta is at 0.79. It has posted earnings per share of -$2.05 in the same period. It has Quick Ratio of 2.59 while making debt-to-equity ratio of 0.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MRCY, volatility over the week remained 3.31% while standing at 3.37% over the month.
Analysts are in expectations that Mercury Systems Inc (MRCY) stock would likely to be making an EPS of -0.04 in the current quarter, while forecast for next quarter EPS is 0.09 and it is 0.93 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.12 which is 0.06 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.42 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 150.56% while it is estimated to increase by 160.51% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on November 11, 2024 offering a Hold rating for the stock and assigned a target price range of between $30 and $42 to it. On February 07, 2024, Truist Downgrade their recommendations, while on January 10, 2024, Goldman Downgrade their ratings for the stock with a price target of $24. Stock get an Underperform rating from Jefferies on January 03, 2024.
