On 11/6/24, Mercury Systems Inc (NASDAQ: MRCY) stock enjoyed a major increase of 23.5%, closing at $42.22. Moreover, this advance was accompanied by exceptionally high trading volume at 368% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 26.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MRCY is expected to be Value Creation neutral.
Mercury Systems has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mercury Systems has a slightly negative Appreciation Score of 40 but a good Power Rating of 84, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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