Mercury Systems Inc (NASDAQ:MRCY) COO Didier M. C. Thibaud sold 3,500 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $48.00, for a total transaction of $168,000.00. Following the completion of the sale, the chief operating officer now owns 362,440 shares of the company’s stock, valued at $17,397,120. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Mercury Systems Inc (NASDAQ:MRCY) opened at $44.30 on Wednesday. The stock has a market cap of $2,140.00, a price-to-earnings ratio of 48.15, a P/E/G ratio of 4.01 and a beta of 0.33. Mercury Systems Inc has a fifty-two week low of $33.37 and a fifty-two week high of $55.00.
Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings data on Tuesday, January 23rd. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.02). Mercury Systems had a return on equity of 6.32% and a net margin of 9.61%. The business had revenue of $117.90 million during the quarter, compared to the consensus estimate of $114.89 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 20.3% on a year-over-year basis. equities analysts expect that Mercury Systems Inc will post 1.09 EPS for the current fiscal year.
A number of equities research analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating and issued a $61.00 price objective on shares of Mercury Systems in a report on Wednesday, January 24th. BidaskClub upgraded shares of Mercury Systems from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Zacks Investment Research cut shares of Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 28th. Noble Financial reiterated a “hold” rating on shares of Mercury Systems in a report on Thursday, January 25th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $48.00 price objective on shares of Mercury Systems in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $55.50.
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Mercury Systems Company Profile
Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.
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