Counterpoint Mutual Funds LLC Buys Shares of 44,022 Mirion Technologies, Inc. (NYSE:MIR)

Counterpoint Mutual Funds LLC bought a new stake in Mirion Technologies, Inc. (NYSE:MIR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 44,022 shares of the company’s stock, valued at approximately $768,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE raised its stake in shares of Mirion Technologies by 3,248.7% during the fourth quarter. US Bancorp DE now owns 6,262 shares of the company’s stock valued at $109,000 after purchasing an additional 6,075 shares in the last quarter. Quest Partners LLC raised its stake in shares of Mirion Technologies by 680.5% during the third quarter. Quest Partners LLC now owns 6,728 shares of the company’s stock valued at $74,000 after purchasing an additional 5,866 shares in the last quarter. KBC Group NV raised its stake in shares of Mirion Technologies by 39.2% during the fourth quarter. KBC Group NV now owns 8,002 shares of the company’s stock valued at $140,000 after purchasing an additional 2,254 shares in the last quarter. SkyView Investment Advisors LLC bought a new stake in shares of Mirion Technologies during the third quarter valued at about $111,000. Finally, Corient Private Wealth LLC bought a new stake in shares of Mirion Technologies during the fourth quarter valued at about $187,000. 78.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MIR. The Goldman Sachs Group lifted their price objective on shares of Mirion Technologies from $16.00 to $21.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Baird R W upgraded shares of Mirion Technologies to a “strong-buy” rating in a research report on Thursday, December 19th. Citigroup boosted their price target on shares of Mirion Technologies from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Finally, Robert W. Baird initiated coverage on Mirion Technologies in a research note on Thursday, December 19th. They issued an “outperform” rating and a $22.00 price target on the stock. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $19.25.

Mirion Technologies Price Performance

Shares of MIR opened at $14.44 on Monday. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of -75.99 and a beta of 0.74. Mirion Technologies, Inc. has a fifty-two week low of $9.11 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.16 and a quick ratio of 1.55. The business’s 50-day moving average is $15.86 and its 200-day moving average is $14.84.

Mirion Technologies (NYSE:MIR) last issued its earnings results on Tuesday, February 11th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Mirion Technologies had a positive return on equity of 4.78% and a negative net margin of 4.21%. Equities research analysts expect that Mirion Technologies, Inc. will post 0.39 EPS for the current fiscal year.

Mirion Technologies Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.