In the current trading session, Mercury Systems Inc’s (MRCY) stock is trading at the price of $49.21, a gain of 16.92% over last night’s close. So, the stock is trading at a price that is 10.27% less than its 52-week high of $44.62 and 94.43% better than its 52-week low of $25.31. Based on the past 30-day period, the stock price is -5.36% below the high and +25.44% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, MRCY’s SMA-200 is $35.56.
It is also essential to consider MRCY stock ratios like the price-to-sales ratio, which is 3.42 for the last year.Likewise, its price to free cash flow for the last twelve months stands at 56.13. MRCY’s price to book ratio for the most recent quarter was 1.97, resulting in an 18.56 price to cash per share for the period.
How does Mercury Systems Inc (MRCY) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 9 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
Mercury Systems Inc (MRCY): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 6 different analysts, who are expecting earnings to fall in between the range of -0.02 and -0.08 with an average Earnings Estimate of -0.05 which is in contrast with the last year earnings estimate of -0.42 and also replicates 88.10% growth rate year over year.
Mercury Systems Inc (NASDAQ: MRCY) Ownership Details
I will give a breakdown of the key shareholders in Mercury Systems Inc (MRCY). Recent figures show that the company’s insiders hold 1.95% of shares. A total of 335 institutional investors hold shares in the company, making 108.07% of its stock and 110.23% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Blackrock Inc. holding total of 8.68 shares that make 14.55% of the company’s total number of shares and are currently priced at 430.54 million.
The securities firm William Blair Investment Management, LLC holds 7.3 shares of MRCY, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 12.24%, and the holding percentage of shares is valued at 362.24 million.
An overview of Mercury Systems Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Mercury Systems Inc (MRCY) traded 394,468 shares per day, with a moving average of $42.56 and price change of +6.58. With the moving average of $41.10 and a price change of +10.53, about 464,119 shares changed hands on average over the past 50 days. Finally, MRCY’s 100-day average volume is 457,302 shares, alongside a moving average of $38.97 and a price change of +13.53.
