Mirion Technologies Stock Buy Hold or Sell Recommendation
| MIR Stock | USD 16.28 0.18 1.09% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Mirion Technologies is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mirion Technologies given historical horizon and risk tolerance towards Mirion Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Mirion Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Mirion Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Mirion Stock, please use our How to Invest in Mirion Technologies guide. Note, we conduct extensive research on individual companies such as Mirion and provide practical buy, sell, or hold advice based on investors' constraints. Mirion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Mirion |
Execute Mirion Technologies Buy or Sell Advice
The Mirion recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mirion Technologies. Macroaxis does not own or have any residual interests in Mirion Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mirion Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Mirion Technologies Trading Alerts and Improvement Suggestions
| The company reported the last year's revenue of 800.9 M. Reported Net Loss for the year was (96.9 M) with profit before taxes, overhead, and interest of 317.2 M. | |
| Mirion Technologies has a poor financial position based on the latest SEC disclosures | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Mirion to Present at Goldman Sachs Industrials and Materials Conference |
Mirion Technologies Returns Distribution Density
The distribution of Mirion Technologies' historical returns is an attempt to chart the uncertainty of Mirion Technologies' future price movements. The chart of the probability distribution of Mirion Technologies daily returns describes the distribution of returns around its average expected value. We use Mirion Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mirion Technologies returns is essential to provide solid investment advice for Mirion Technologies.
| Mean Return | 0.65 | Value At Risk | -2.84 | Potential Upside | 4.83 | Standard Deviation | 2.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mirion Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mirion Stock Institutional Investors
The Mirion Technologies' institutional investors refer to entities that pool money to purchase Mirion Technologies' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Select Equity Group Lp | 2024-09-30 | 4.3 M | Ack Asset Management Llc | 2024-09-30 | 4.2 M | American Century Companies Inc | 2024-09-30 | 3.8 M | P2 Capital Partners, Llc | 2024-09-30 | 3.4 M | Adage Capital Partners Gp Llc | 2024-06-30 | 3.2 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 3 M | Corsair Capital Management Llc | 2024-06-30 | 1.7 M | Northern Trust Corp | 2024-09-30 | 1.7 M | First Manhattan Co. Llc | 2024-09-30 | 1.7 M | Goldman Sachs Group Inc | 2024-06-30 | 38 M | Vanguard Group Inc | 2024-09-30 | 23.7 M |
Mirion Technologies Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 82.4M | 750.4M | 84.2M | (27.4M) | 55.5M | 95.0M | |
| Net Borrowings | 120.4M | 239M | 1.6B | (6.6M) | (7.6M) | (7.2M) | |
| Net Income | (341.0) | (1.0M) | (127.9M) | (276.9M) | (96.9M) | (101.7M) | |
| Change To Netincome | 92.7M | 122M | 151.2M | 176.7M | 203.2M | 213.4M |
Mirion Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mirion Technologies or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mirion Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mirion stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | 1.06 | |
σ | Overall volatility | 2.76 | |
Ir | Information ratio | 0.19 |
Mirion Technologies Volatility Alert
Mirion Technologies currently demonstrates below-average downside deviation. It has Information Ratio of 0.19 and Jensen Alpha of 0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mirion Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mirion Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Mirion Technologies Fundamentals Vs Peers
Comparing Mirion Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mirion Technologies' direct or indirect competition across all of the common fundamentals between Mirion Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mirion Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mirion Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Mirion Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mirion Technologies to competition |
| Fundamentals | Mirion Technologies | Peer Average |
| Return On Equity | -0.043 | -0.31 |
| Return On Asset | 0.003 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | 0 % | (5.51) % |
| Current Valuation | 4.4 B | 16.62 B |
| Shares Outstanding | 225.5 M | 571.82 M |
| Shares Owned By Insiders | 1.08 % | 10.09 % |
| Shares Owned By Institutions | 95.46 % | 39.21 % |
| Number Of Shares Shorted | 4.52 M | 4.71 M |
| Price To Earning | 11.14 X | 28.72 X |
| Price To Book | 2.52 X | 9.51 X |
| Price To Sales | 4.57 X | 11.42 X |
| Revenue | 800.9 M | 9.43 B |
| Gross Profit | 317.2 M | 27.38 B |
| EBITDA | 114.3 M | 3.9 B |
| Net Income | (96.9 M) | 570.98 M |
| Cash And Equivalents | 73.5 M | 2.7 B |
| Cash Per Share | 0.31 X | 5.01 X |
| Total Debt | 721 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.98 X | 2.16 X |
| Book Value Per Share | 7.35 X | 1.93 K |
| Cash Flow From Operations | 95.2 M | 971.22 M |
| Short Ratio | 1.59 X | 4.00 X |
| Earnings Per Share | (0.32) X | 3.12 X |
| Target Price | 15.5 | |
| Number Of Employees | 2.85 K | 18.84 K |
| Beta | 0.73 | -0.15 |
| Market Capitalization | 3.82 B | 19.03 B |
| Total Asset | 2.72 B | 29.47 B |
| Retained Earnings | (505.4 M) | 9.33 B |
| Working Capital | 272.9 M | 1.48 B |
| Current Asset | 4.35 B | 9.34 B |
Note: Acquisition by Brian Schopfer of 175000 shares of Mirion Technologies at 14.0 subject to Rule 16b-3 [view details]
Mirion Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mirion . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 50168.54 | |||
| Daily Balance Of Power | (0.32) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.39 | |||
| Day Typical Price | 16.35 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.18) | |||
| Relative Strength Index | 61.43 |
About Mirion Technologies Buy or Sell Advice
When is the right time to buy or sell Mirion Technologies? Buying financial instruments such as Mirion Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.