Mercury Systems (MRCY) Receives a Hold from Truist Financial
TipRanks (Wed, 8-May 10:27 PM ET)
Sell Rating on Mercury Systems Inc. Amidst Financial Struggles and Uncertain Outlook
TipRanks (Wed, 8-May 7:35 PM ET)
Mercury Systems (MRCY) Receives a Rating Update from a Top Analyst
TipRanks (Wed, 8-May 6:38 AM ET)
TipRanks (Wed, 8-May 5:30 AM ET)
Mercury Systems Non-GAAP EPS of -$0.26 misses by $0.20, revenue of $208.26M misses by $6.21M
Seeking Alpha News (Tue, 7-May 5:10 PM ET)
Mercury Systems Reports Third Quarter Fiscal 2024 Results
Globe Newswire (Tue, 7-May 4:01 PM ET)
PRNewswire (Thu, 25-Apr 11:07 PM ET)
Globe Newswire (Thu, 18-Apr 9:05 AM ET)
Globe Newswire (Thu, 18-Apr 7:00 AM ET)
Mercury Systems to Report Third Quarter Fiscal Year 2024 Financial Results on May 7, 2024
Globe Newswire (Tue, 16-Apr 4:15 PM ET)
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Mercury Systems trades on the NASDAQ stock market under the symbol MRCY.
As of May 9, 2024, MRCY stock price declined to $28.17 with 220,590 million shares trading.
MRCY has a beta of 0.58, meaning it tends to be less sensitive to market movements. MRCY has a correlation of 0.03 to the broad based SPY ETF.
MRCY has a market cap of $1.67 billion. This is considered a Small Cap stock.
Last quarter Mercury Systems reported $208 million in Revenue and -$.26 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.23.
In the last 3 years, MRCY stock traded as high as $72.28 and as low as $25.31.
The top ETF exchange traded funds that MRCY belongs to (by Net Assets): IJR, XAR, VTI, VB, ITA.
MRCY has underperformed the market in the last year with a price return of -28.7% while the SPY ETF gained +27.3%. However, in the short term, MRCY had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.4% vs +4.4% return in SPY. But in the last 2 weeks, MRCY shares have been beat by the market, returning -1.1% compared to an SPY return of +2.6%.
MRCY support price is $28.09 and resistance is $29.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRCY stock will trade within this expected range on the day.