Zacks Research Boosts Earnings Estimates for Mercury Systems

Mercury Systems, Inc. (NASDAQ:MRCY) – Stock analysts at Zacks Research lifted their FY2026 EPS estimates for shares of Mercury Systems in a report issued on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $0.27 per share for the year, up from their prior estimate of $0.22. The consensus estimate for Mercury Systems’ current full-year earnings is ($0.08) per share.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). Mercury Systems had a negative net margin of 10.23% and a negative return on equity of 2.03%.

MRCY has been the topic of a number of other reports. JPMorgan Chase & Co. upped their target price on shares of Mercury Systems from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Jefferies Financial Group upgraded Mercury Systems from an “underperform” rating to a “hold” rating and lifted their price objective for the company from $30.00 to $42.00 in a research note on Monday, November 11th. StockNews.com upgraded shares of Mercury Systems from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. The Goldman Sachs Group upped their target price on shares of Mercury Systems from $25.00 to $28.00 and gave the stock a “sell” rating in a research note on Thursday, January 16th. Finally, Robert W. Baird upgraded shares of Mercury Systems from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $37.00 to $58.00 in a report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $42.14.

Mercury Systems Stock Performance

NASDAQ:MRCY opened at $43.35 on Wednesday. The company has a quick ratio of 2.36, a current ratio of 3.62 and a debt-to-equity ratio of 0.41. Mercury Systems has a twelve month low of $26.48 and a twelve month high of $52.25. The stock has a market cap of $2.59 billion, a P/E ratio of -27.79 and a beta of 0.79. The firm’s fifty day simple moving average is $43.01 and its 200 day simple moving average is $39.47.

Insider Activity at Mercury Systems

In other Mercury Systems news, EVP Stuart Kupinsky sold 2,377 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $44.12, for a total value of $104,873.24. Following the transaction, the executive vice president now directly owns 62,834 shares in the company, valued at approximately $2,772,236.08. This trade represents a 3.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Charles Roger Iv Wells sold 2,342 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $44.12, for a total value of $103,329.04. Following the completion of the transaction, the chief operating officer now directly owns 95,928 shares in the company, valued at $4,232,343.36. This trade represents a 2.38 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,314 shares of company stock worth $234,454. 1.60% of the stock is owned by insiders.

Institutional Trading of Mercury Systems

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Mercury Systems by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 5,550,610 shares of the technology company’s stock valued at $233,126,000 after acquiring an additional 41,324 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Mercury Systems by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,202,124 shares of the technology company’s stock valued at $92,490,000 after buying an additional 52,725 shares in the last quarter. Conestoga Capital Advisors LLC increased its position in shares of Mercury Systems by 55.9% during the fourth quarter. Conestoga Capital Advisors LLC now owns 2,072,817 shares of the technology company’s stock worth $87,058,000 after acquiring an additional 743,552 shares during the period. Victory Capital Management Inc. increased its holdings in Mercury Systems by 16.7% during the 4th quarter. Victory Capital Management Inc. now owns 2,060,131 shares of the technology company’s stock worth $86,526,000 after purchasing an additional 294,747 shares during the period. Finally, Millennium Management LLC grew its position in shares of Mercury Systems by 196.1% during the 4th quarter. Millennium Management LLC now owns 1,023,508 shares of the technology company’s stock worth $42,987,000 after buying an additional 677,894 shares in the last quarter. 95.99% of the stock is currently owned by institutional investors.

Mercury Systems Company Profile

Mercury Systems, Inc, a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.