Weekly Investment Analysts’ Ratings Changes for Mercury Systems (MRCY)

Mercury Systems (NASDAQ: MRCY) has recently received a number of price target changes and ratings updates:

  • 2/8/2018 – Mercury Systems had its price target lowered by analysts at Bank of America Corp from $60.00 to $50.00. They now have a “buy” rating on the stock.
  • 1/25/2018 – Mercury Systems had its “hold” rating reaffirmed by analysts at Noble Financial.
  • 1/24/2018 – Mercury Systems had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a $61.00 price target on the stock.
  • 1/20/2018 – Mercury Systems was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. “
  • 1/19/2018 – Mercury Systems was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/11/2018 – Mercury Systems was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $59.00 price target on the stock. According to Zacks, “Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. “
  • 1/9/2018 – Mercury Systems had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $61.00 price target on the stock.
  • 12/28/2017 – Mercury Systems was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. “
  • 12/27/2017 – Mercury Systems was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/27/2017 – Mercury Systems was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $60.00 price target on the stock. According to Zacks, “Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. “
  • 12/20/2017 – Mercury Systems was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 12/12/2017 – Mercury Systems was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of Mercury Systems Inc (MRCY) opened at $41.82 on Friday. Mercury Systems Inc has a 52 week low of $33.37 and a 52 week high of $55.00. The stock has a market capitalization of $2,020.00, a P/E ratio of 45.46, a P/E/G ratio of 3.81 and a beta of 0.33.

Mercury Systems (NASDAQ:MRCY) last posted its earnings results on Tuesday, January 23rd. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). Mercury Systems had a net margin of 9.61% and a return on equity of 6.32%. The company had revenue of $117.90 million during the quarter, compared to analysts’ expectations of $114.89 million. During the same period in the previous year, the company posted $0.30 EPS. Mercury Systems’s quarterly revenue was up 20.3% compared to the same quarter last year. analysts predict that Mercury Systems Inc will post 1.09 earnings per share for the current year.

In other Mercury Systems news, insider Mark Aslett sold 9,600 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $52.17, for a total transaction of $500,832.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Didier M. C. Thibaud sold 3,500 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $49.52, for a total value of $173,320.00. Following the transaction, the chief operating officer now directly owns 379,940 shares in the company, valued at approximately $18,814,628.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 70,600 shares of company stock worth $3,558,499. Corporate insiders own 3.50% of the company’s stock.

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.

Receive News & Ratings for Mercury Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercury Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply