Mercury Systems Inc (NASDAQ: MRCY) has reported a loss for its first fiscal quarter (ending September 30) of $-0.30 versus a loss $-0.64 for the same period a year ago — a decline of -53%. For the latest four quarters through September 30, E.P.S. were $-2.05 compared to $-0.89 a year ago — an increase of 130%.
Recent Price Action
Mercury Systems Inc (NASDAQ: MRCY) stock enjoyed a large increase of 2.8% on 11/5/24. The stock closed at $34.19. Moreover, this advance was accompanied by above average trading volume at 146% of normal. The stock has risen 1.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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