Headlines about Mercury Systems (NASDAQ:MRCY) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mercury Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.9088020116707 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Mercury Systems (MRCY) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Mercury Systems (MRCY) Confirms Talks to Buy Themis Computer – StreetInsider.com (streetinsider.com)
- ETFs with exposure to Mercury Systems, Inc. : December 15, 2017 (finance.yahoo.com)
- MERCURY SYSTEMS INC : Regulation FD Disclosure (form 8-K) (4-traders.com)
- Mercury Systems Inc (MRCY) CEO Mark Aslett Sells 4,800 Shares (americanbankingnews.com)
A number of equities research analysts recently commented on the company. SunTrust Banks reiterated a “buy” rating on shares of Mercury Systems in a report on Friday, October 20th. Zacks Investment Research upgraded Mercury Systems from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Tuesday, October 31st. BidaskClub downgraded Mercury Systems from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Robert W. Baird upped their price objective on Mercury Systems from $48.00 to $59.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Finally, Noble Financial reiterated a “hold” rating on shares of Mercury Systems in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Mercury Systems presently has an average rating of “Hold” and a consensus target price of $51.17.
Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings data on Tuesday, October 24th. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The business had revenue of $106.10 million during the quarter, compared to the consensus estimate of $105.18 million. Mercury Systems had a return on equity of 6.51% and a net margin of 9.14%. The firm’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 earnings per share. sell-side analysts expect that Mercury Systems will post 1.08 EPS for the current fiscal year.
In other Mercury Systems news, insider Mark Aslett sold 9,600 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $52.17, for a total value of $500,832.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Vincent Vitto sold 8,500 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $52.04, for a total value of $442,340.00. Following the completion of the transaction, the director now directly owns 79,539 shares of the company’s stock, valued at $4,139,209.56. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,300 shares of company stock valued at $2,817,845. Insiders own 3.50% of the company’s stock.
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About Mercury Systems
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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