Is Mirion Technologies Stock a Good Investment?
Mirion Technologies Investment Advice | MIR |
- Examine Mirion Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Mirion Technologies' leadership team and their track record. Good management can help Mirion Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Mirion Technologies' business and its evolving consumer preferences.
- Compare Mirion Technologies' performance and market position to its competitors. Analyze how Mirion Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Mirion Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Mirion Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Mirion Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Mirion Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Mirion Technologies Stock
Researching Mirion Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 90.0% of the company shares are owned by institutional investors. The book value of Mirion Technologies was now reported as 7.27. The company recorded a loss per share of 0.18. Mirion Technologies had not issued any dividends in recent years.
To determine if Mirion Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Mirion Technologies' research are outlined below:
| Mirion Technologies generated a negative expected return over the last 90 days | |
| Mirion Technologies has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 860.8 M. Reported Net Loss for the year was (36.6 M) with profit before taxes, overhead, and interest of 401.8 M. | |
| Mirion Technologies has a poor financial position based on the latest SEC disclosures | |
| Over 90.0% of the company shares are owned by institutional investors |
Mirion Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Mirion Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Mirion Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Mirion Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.54 B.Mirion Technologies' profitablity analysis
The company has Net Profit Margin of (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.12 %, which entails that for every 100 dollars of revenue, it generated $0.12 of operating income.Determining Mirion Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Mirion Technologies is a good buy. For example, gross profit margin measures Mirion Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Mirion Technologies' profitability and make more informed investment decisions.
Basic technical analysis of Mirion Stock
As of the 24th of March, Mirion Technologies secures the Standard Deviation of 3.44, risk adjusted performance of (0.04), and Mean Deviation of 2.24. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mirion Technologies, as well as the relationship between them. Please verify Mirion Technologies market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Mirion Technologies is priced some-what accurately, providing market reflects its recent price of 15.46 per share. Given that Mirion Technologies has information ratio of (0.04), we recommend you to check Mirion Technologies's last-minute market performance to make sure the company can sustain itself at a future point.Mirion Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mirion Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mirion Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mirion Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Mirion Technologies' Outstanding Corporate Bonds
Mirion Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mirion Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mirion bonds can be classified according to their maturity, which is the date when Mirion Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MISCMK 375 06 APR 27 Corp BondUS60475DAB73 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Mirion Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Mirion Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (1.66) | |||
| Mean Deviation | 2.24 | |||
| Coefficient Of Variation | (1,929) | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.83 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.67) | |||
| Maximum Drawdown | 23.12 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 3.81 | |||
| Skewness | (2.81) | |||
| Kurtosis | 14.64 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (1.66) | |||
| Mean Deviation | 2.24 | |||
| Coefficient Of Variation | (1,929) | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.83 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.67) | |||
| Maximum Drawdown | 23.12 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 3.81 | |||
| Skewness | (2.81) | |||
| Kurtosis | 14.64 |
Consider Mirion Technologies' intraday indicators
Mirion Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mirion Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 52174.68 | |||
| Daily Balance Of Power | 0.6154 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 15.32 | |||
| Day Typical Price | 15.36 | |||
| Price Action Indicator | 0.27 | |||
| Period Momentum Indicator | 0.24 |
Mirion Stock media impact
Far too much social signal, news, headlines, and media speculation about Mirion Technologies that are available to investors today. That information is available publicly through Mirion media outlets and privately through word of mouth or via Mirion internal channels. However, regardless of the origin, that massive amount of Mirion data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Mirion Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Mirion Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Mirion Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Mirion Technologies alpha.
Mirion Technologies Corporate Management
| Shelia Webb | Chief Officer | Profile | |
| Loic Eloy | Group Technologies | Profile | |
| Alex Gaddy | Senior Treasurer | Profile | |
| Erin Schesny | Chief Officer | Profile | |
| Mark Siviter | Chief Officer | Profile | |
| Christopher CPA | Chief Officer | Profile | |
| Emmanuelle JD | Chief Officer | Profile |
Additional Tools for Mirion Stock Analysis
When running Mirion Technologies' price analysis, check to measure Mirion Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirion Technologies is operating at the current time. Most of Mirion Technologies' value examination focuses on studying past and present price action to predict the probability of Mirion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirion Technologies' price. Additionally, you may evaluate how the addition of Mirion Technologies to your portfolios can decrease your overall portfolio volatility.