Mirion Technologies Stock Target Price and Analyst Consensus

MIR Stock  USD 16.87  0.59  3.62%   
The current analyst and expert consensus on Mirion Technologies is Strong Buy, with 2 strong buy opinions. The current projected Mirion Technologies target price consensus is 10.67 with 4 analyst opinions. Check out Macroaxis Advice on Mirion Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Mirion Stock, please use our How to Invest in Mirion Technologies guide.
The most common way Mirion Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Mirion Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Mirion Technologies. We encourage you to use your own analysis of Mirion Technologies to validate this buy or sell advice. Mirion Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Mirion Technologies target price to derive its highest and lowest estimates based on projected price volatility of 2.5932.
Lowest Forecast
9.71
Highest Forecast
11.84
Target Price
10.67
As of 11/30/2024, Gross Profit is likely to drop to about 263.4 M. In addition to that, Pretax Profit Margin is likely to drop to -0.14. At this time, Mirion Technologies' Cash is relatively stable compared to the past year. As of 11/30/2024, Cash And Short Term Investments is likely to grow to about 140.8 M, while Other Liabilities is likely to drop slightly above 116.3 M.
  
It's important to approach Mirion Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Mirion Technologies Target Price Consensus

Mirion target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Mirion Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Strong Buy
Most Mirion analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Mirion stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Mirion Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Mirion Technologies Target Price Projection

Mirion Technologies' current and average target prices are 16.87 and 10.67, respectively. The current price of Mirion Technologies is the price at which Mirion Technologies is currently trading. On the other hand, Mirion Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Mirion Technologies Market Quote on 30th of November 2024

Low Price16.26Odds
High Price16.91Odds

16.87

Target Price

Analyst Consensus On Mirion Technologies Target Price

Low Estimate9.71Odds
High Estimate11.84Odds

10.67

Historical Lowest Forecast  9.71 Target Price  10.67 Highest Forecast  11.84
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Mirion Technologies and the information provided on this page.

Mirion Technologies Analyst Ratings

Mirion Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Mirion Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Mirion Technologies' financials, market performance, and future outlook by experienced professionals. Mirion Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Mirion Technologies price targets

Mirion Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Mirion Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Mirion Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Mirion Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Mirion Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Mirion Technologies is a key component of Mirion Technologies valuation and have some predictive power on the future returns of a Mirion Technologies.
Hype
Prediction
LowEstimatedHigh
14.5017.0919.68
Details
Intrinsic
Valuation
LowRealHigh
11.6414.2318.56
Details
Naive
Forecast
LowNextHigh
14.8317.4320.02
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.10.10
Details

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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.