Mercury Systems Inc. (NASDAQ:MRCY) went up by 1.03% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Aerospace & Defense giant went up by $73.90 to trade ended Thursday trading at $73.15. This is up from the $73.15 price recorded on Wednesday’s trading session. Thanks to this latest performance, MRCY is closer to the higher price 52-week target of $100.00 and further from the lowest price target of $83.00. Its performance from the start of the year has also been positive, with MRCY up by 6.93% year-to-date.
Mercury Systems Inc. (MRCY) started the day trading at $72.13 and recorded an intraday high of $74.18. It also recorded an intraday low of $70.69 during Thursday’s trading session. Mercury Systems Inc. is a very active stock that recorded a trading volume that is more than 59.27% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 1016178, which is more than 59.27 of the total average daily trading volume of 413.93K.
Mercury Systems Inc. (NASDAQ:MRCY) 2020 Performance Impressive
The increase in MRCY’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of MRCY currently stands at $96.29, which is higher than the current trading price of the stock by 23.25%. However, MRCY’s current trading price is -41.46% lower than the 52-week low price of $52.24. In terms of trading volume, Mercury Systems Inc. currently experienced healthy participation during the last trading session. 1016178 shares of Mercury Systems Inc. were traded on the stock exchange on Thursday, which is more than 59.27% of the 413.93K average trading volume of the stock.
The performance of the stock has been positive over the past year. MRCY’s performance over the past one year has seen it surge by 10.25%, while the stock has gone up by 3.01% in the last six months. The quarterly performance of MRCY currently stands at -2.27%, and it is down by -16.35% in the last month. The only negative figure was from the weekly performance, which currently reads -5.47%. At the time of writing MRCY’s report, the company has a total market cap of $4.19B, making it one of the largest publicly-traded companies in the world.Mercury Systems Inc. also has over 1884 employees all over the world.
MRCY Insider Activities
For Mercury Systems Inc., insiders hold 98.27% of all company shares. The insider transactions over the past six months are down by -8.60%. During that period, insiders bought 3,128 shares in 1 transactions. In that same period, insiders sold 108,009 of their shares in 18 transactions. After these transactions, insiders at Mercury Systems Inc. now hold 1.09M shares, which is over 98.27% of the total company stocks. Institutional investors currently hold a large chunk of the MRCY shares, as they control 1.96% of the company’s total stock.
MRCY Fundamental Analysis
For Mercury Systems Inc., the stock’s diluted earnings per share (EPS) stands at 1.32. In the coming year, analysts expect the EPS to be 2.37. The EPS growth will up over the next five years to 21.50% after surging by 56.30% in the previous five years. In terms of revenue, Mercury Systems Inc.’s quarterly sales (YOY) is growing at 0.57, which is lower than the average annual revenue of 56.30% over the past half a decade.
The Return on Investment (ROI) on Mercury Systems Inc.’s stock currently stands at 5.00%, and it has a net profit margin of 9.40%. The operating margin of the company is 11.20%, and its gross margin is 45.00%.
MRCY Analysts Prediction
Another analyst that has a Neutral rating for MRCY is BofA/Merrill, which set a price target of between $50 and $85. and BofA/Merrill reiterate their Underperform position on the stock ($50 and $35).
SunTrust and Citigroup also believe that Mercury Systems Inc.’s stock is outperforming at the moment.
At the moment, Mercury Systems Inc.’s Total Debt to Equity ratio stands at 0.15, and they have a long-term Debt to Equity ratio of 0.15.
MRCY Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of MRCY currently stands at -11.31%, while the SMA50 is -11.88%. The biggest one is the SMA200, which is currently reading -3.95% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 36.29, while its price to earnings ratio (P/E) is 56.20.
