Ultime notizie per Mercury Sys (NASDAQ:MRCY) Azioni

Mercury Sys

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 challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.

Mercury Systems

Mercury Systems Inc

MERCURY SYSTEMS ORD

JP Morgan analyst Seth Seifman maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Neutral and raises the price target from $26 to $36.

News

Price Target

Analyst Ratings

MRCY

JP Morgan Maintains Neutral on Mercury Sys, Raises Price Target to $36

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">HighPeak Energy</h3>
<ul>
<li>The Trade: HighPeak Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPK#NASDAQ">HPK</a>) CEO Jack Hightower <a href="https://www.benzinga.com/quote/hpk/analyst-ratings">acquired a total of 132,487 shares at</a> an average price of $15.45. To acquire these shares, it cost around $2.05 million.</li>
<li>What's Happening: On Aug. 5, HighPeak Energy posted downbeat quarterly results.</li>
<li>What HighPeak Energy Does: HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in Howard County of the Midland Basin.</li>
</ul>
<h3 class="wp-block-heading">Mercury Systems</h3>
<ul>
<li>The Trade: Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) 10% owner Jana Partners Management, LP acquired a total of 13,600 shares at an average price of $37.25. To acquire these shares, it cost around $506,600.</li>
<li>What's Happening: On Aug. 19, Alembic Global analyst Peter Skibitski upgraded Mercury Systems from Neutral to Overweight.</li>
<li>What Mercury Systems Does: Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry.</li>
</ul>
<h3 class="wp-block-heading">MYR Group</h3>
<ul>
<li>The Trade: MYR Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYRG#NASDAQ">MYRG</a>) Director Bradley Thede Favreau <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 1,005 shares</a> at an average price of $99.70. To acquire these shares, it cost around $100,199.</li>
<li>What's Happening: On July 31, MYR Group reported worse-than-expected quarterly financial results.</li>
<li>What MYR Group Does: MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. </li>
</ul>
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Long Ideas

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

MYRG

Around $2M Bet On HighPeak Energy? Check Out These 3 Stocks Executives Are Buying

Alembic Global analyst Peter Skibitski upgrades Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) from Neutral to Overweight and announces $48 price target.

Upgrades

Alembic Global Upgrades Mercury Sys to Overweight, Announces $48 Price Target

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Wednesday.
U.S. stocks settled higher on Wednesday, with the S&amp;P 500 recording gains for the fifth straight session following the release of inflation data.
On the economic data front, headline CPI inflation fell from 3% in June to 2.9% in July 2024 on a year-over-year basis, falling short of the consensus forecast of 3% tracked by TradingEconomics. On a monthly basis, inflation increased by 0.2% in July, rebounding from the previous month's contraction of 0.1% and matching estimates of 0.2%.
Shares of Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) jumped around 18% on Wednesday after the company reported better-than-expected fourth-quarter financial results. Performance Food Group Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFGC#NYSE">PFGC</a>) shares gained around 8% on Wednesday following the release of quarterly results.
Most sectors on the S&amp;P 500 closed on a positive note, with financials, information technology and energy stocks recording the biggest gains on Wednesday. However, communication services and consumer discretionary stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 243 points to 40,008.39 on Wednesday. The S&amp;P 500 rose 0.38% to 5,455.21, while the Nasdaq Composite gained 0.03% at 17,192.60 during Wednesday's session.
Investors are awaiting earnings results from Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>), Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), and Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 26.1, the index remained in the &#8220;Fear&#8221; zone on Wednesday, versus a prior reading of 25.1.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40368892/jim-cramer-avoid-middle-market-plays-like-golub-capital-buy-mueller-industries-it-is-fan"> </a>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40368892/jim-cramer-avoid-middle-market-plays-like-golub-capital-buy-mueller-industries-it-is-fan">Jim Cramer: &#8216;Avoid Middle Market Plays&#8217; Like Golub Capital, Buy Mueller Industries — &#8216;It Is Fantastic&#8217;</a></li>
</ul>

Earnings

Equities

BABA

PFGC

S&P 500, Dow Jones Gain For 5th Straight Session Following Inflation Report: Greed Index Remains In 'Fear' Zone

U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 250 points on Wednesday.
The Dow traded up 0.65% to 40,022.71 while the NASDAQ fell 0.20% to 17,153.85. The S&amp;P 500 also rose, gaining, 0.24% to 5,447.57.
Leading and Lagging Sectors Financials shares climbed by 1.1% on Tuesday.
In trading on Tuesday, communication services shares fell 1.3%.
Top Headline
UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) posted strong second-quarter earnings.
UBS Group reported second-quarter FY24 sales of $11.9 billion, up 25% Y/Y, beating the consensus of $11.3 billion.
Underlying operating profit before tax reached $2.06 billion, significantly higher than $891 million a year ago. EPS of 34 cents beat the consensus of 12 cents.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Avalon Globocare Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALBT#NASDAQ">ALBT</a>) shares shot up 119% to $0.5754 after the company announced its Laboratory Services MSO, LLC has begun manufacturing the GeeWhiz external male catheter.</li>
<li>Shares of Digital Ally Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) got a boost, surging 72% to $1.4436 after the company was granted a U.S. Patent for tracking and analysis of drivers within a fleet of vehicles.</li>
<li>Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) shares were also up, gaining 18% to $40.08 after the company reported better-than-expected fourth-quarter financial results.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Ouster Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) shares dropped 26% to $8.07 after the company reported worse-than-expected second-quarter sales results and issued third-quarter revenue guidance below estimates.</li>
<li>Shares of Verrica Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRCA#NASDAQ">VRCA</a>) were down 35% to $3.4392. On Wednesday, dermatology drug developer Verrica Pharmaceuticals released preliminary results from Part 2 of its Phase 2 trial of VP-315 for basal cell carcinoma.</li>
<li>European Wax Center Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) was down, falling 28% to $5.01 after the company reported second quarter fiscal year 2024 results and named David Berg as Chief Executive Officer.</li>
</ul>
Commodities In commodity news, oil traded down 1.5% to $77.14 while gold traded down 1.1% at $2,480.10.
Silver traded down 1.5% to $27.37 on Wednesday, while copper fell 0.3% to $4.0410.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 rose 0.49%, Germany's DAX rose 0.41% and France's CAC 40 rose 0.79%. Spain's IBEX 35 Index rose 0.27%, while London's FTSE 100 rose 0.56%.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 jumping 0.58%, Hong Kong's Hang Seng Index falling 0.35%, China's Shanghai Composite Index falling 0.60% and S&amp;P BSE Sensex rising 0.19%.
Economics
<ul>
<li>Headline CPI inflation fell from 3% in June to 2.9% in July 2024 on a year-over-year basis, falling short of the consensus forecast of 3% tracked by TradingEconomics.</li>
<li>On a monthly basis, inflation increased by 0.2% in July, rebounding from the previous month&#8217;s contraction of 0.1% and matching estimates of 0.2%.</li>
<li>U.S. crude oil inventories rose by 1.357 million barrels in the week ending Aug. 9, ending a six-week streak of declines. </li>
</ul>
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</ul>

Eurozone

Commodities

ALBT

DGLY

EWCZ

OUST

VRCA

Crude Oil Down Over 1%; Mercury Systems Shares Spike Higher

Mercury Systems (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrcy#NASDAQ">MRCY</a>) reported fourth-quarter fiscal 2024 results, wherein both top and bottom lines beat the Zacks Consensus Estimate.
The aerospace and defense tech firm reported non-GAAP earnings of 23 cents per share against the Zacks Consensus Estimate of a loss of 7 cents. The bottom line surged 109.1% year over year.
Mercury Systems&#39; non-GAAP revenues decreased 1.8% to $248.6 million. The top line beat the consensus mark by 11.7%.
The results reflected solid progress in each of the priority focus areas, with highlights that include retiring risk across remaining challenged programs and returning to pilot production on the common processing architecture area.
<div class="chart_embed">
<h3>Mercury Systems Inc Price, Consensus and EPS Surprise</h3>
<img alt="Mercury Systems Inc Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/98/1723632909.png" style="height:287px; width:620px" title="" />
Mercury Systems Inc price-consensus-eps-surprise-chart | Mercury Systems Inc Quote
</div>
<h3>Q4 in Details</h3>
Mercury Systems&#39; total bookings were $284.4 million, yielding a book-to-bill ratio of 1.14 for the quarter.
MRCY&#39;s total backlog as of Jun 28, 2024, was $1.33 billion, reflecting an increase of $185.9 million from the year-ago quarter&#39;s reported figure. As of Jun 28, 2024, total backlog of $758.9 million represented orders expected to be recognized as revenues within the next 12 months.
Mercury Systems&#39; gross profit was $73.2 million, up 8.6% year over year. Moreover, its gross margin expanded 280 basis points (bps) to 29.5%.
Total operating expenses increased 6.4% to $81.18 million. As a percentage of revenues, operating expenses increased 250 bps to 32.7%.
The company reported an adjusted EBITDA of $31.16 million, up 42.1% year over year. The margin expanded 390 bps to 12.5%.
<h3>Balance Sheet &amp; Cash Flow</h3>
As of Jun 28, 2024, MRCY&#39;s cash and cash equivalents were $180.52 million compared with $142.6 million as of Mar 29, 2024. The long-term debt as of Jun 28, 2024, was $591.5 million.
Cash flows provided by operating activities in the fourth quarter of fiscal 2024 were $71.8 million compared with $12.6 million in the year-ago quarter. Free cash flow was $61.4 million for the fourth quarter of fiscal 2024 compared with $3.8 million in the year-ago period.
<h3>Zacks Rank &amp; Stocks to Consider</h3>
Currently, Mercury Systems carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader Computer and Technology sector are Applied Materials, Bilibili&nbsp;and NetApp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntap#NASDAQ">NTAP</a>), each carrying a Zacks Rank #2 (Buy) at present.
Shares of Applied Material have risen 24.1% year to date. AMAT is set to report second-quarter 2024 results on Aug 15.
Shares of Bilibili have surged 14.9% year to date. BILI is slated to report second-quarter 2024 results on Aug 22.
Shares of NetApp have rallied 42.8% year to date. NTAP is set to report second-quarter 2024 results on Aug 28.
<a href="https://www.zacks.com/stock/news/2322191/mercury-systems-mrcy-q4-earnings-revenues-beat-estimates?cid=CS-BENZ-FT-analyst_blog|earnings_article-2322191">To read this article on Zacks.com click here.</a>

Earnings Beats

Large Cap

Mid Cap

Tech

NTAP

Mercury Systems Q4 Earnings & Revenues Beat Estimates

RBC Capital analyst Ken Herbert maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Sector Perform and raises the price target from $30 to $35.

RBC Capital Maintains Sector Perform on Mercury Sys, Raises Price Target to $35

U.S. stocks were mixed, with the Dow Jones index gaining around 50 points on Wednesday.
Shares of UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) rose during Wednesday's session following strong s<a href="https://www.benzinga.com/news/earnings/24/08/40360422/ubs-q2-earnings-beats-wealth-management-shines-cost-savings-accelerate-more">econd-quarter earnings.</a>
UBS Group reported second-quarter FY24 sales of $11.9 billion, up 25% Y/Y, beating the consensus of $11.3 billion.
Underlying operating profit before tax reached $2.06 billion, significantly higher than $891 million a year ago. EPS of 34 cents beat the consensus of 12 cents.
UBS shares gained 5.6% to $30.89 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares jumped 29% to $13.40 after the company announced a partnership with Shake Shack to deliver products using autonomous delivery robots through Uber Eats.</li>
<li>Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) surged 21.9% to $41.43 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>AnaptysBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANAB#NASDAQ">ANAB</a>) gained 18.8% to $39.62 after the company announced a public offering of 2,750,498 shares of common stock at $36.50 per share.</li>
<li>Victoria&#8217;s Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) gained 17.1% to $22.33 after the company announced a new CEO and reported strong preliminary second-quarter financial results.</li>
<li>Nkarta, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTX#NASDAQ">NKTX</a>) surged 13.7% to $5.65 following upbeat quarterly earnings.</li>
<li>Marex Group plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRX#NASDAQ">MRX</a>) gained 13% to $23.56 after the company reported better-than-expected second-quarter financial results.</li>
<li>Smith Douglas Homes Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NASDAQ">SDHC</a>) jumped 12.2% to $36.54 after the company reported better-than-expected second-quarter revenue results..</li>
<li>Intapp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTA#NASDAQ">INTA</a>) gained 12.1% to $38.11 after the company reported strong fourth-quarter earnings and issued guidance.</li>
<li>Clover Health Investments, Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOV#NASDAQ">CLOV</a>) gained 11.3% to $2.2250 following quarterly results.</li>
<li>Performance Food Group Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFGC#NYSE">PFGC</a>) climbed 9.7% to $73.58 after the company reported better-than-expected fourth-quarter adjusted EPS results.</li>
<li>XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) gained 8.7% to $20.05 following second-quarter results.</li>
<li>Prelude Therapeutics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRLD#NASDAQ">PRLD</a>) gained 8.6% to $6.73.</li>
<li>Flutter Entertainment plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) gained 8% to $206.76 after the company reported a year-over-year increase in second-quarter financial results..</li>
<li>Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) gained 7.9% to $80.39 following a report suggesting Mars is expected to pay $83.50 per share for the company.</li>
<li>Qifu Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) climbed 7.5% to $22.69 following second-quarter results.</li>
<li>LPL Financial Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPLA#NASDAQ">LPLA</a>) gained 7.1% to $213.53.</li>
</ul>
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Intraday Update

Movers

ANAB

CLOV

FLUT

INTA

LPLA

NKTX

PRLD

QFIN

SDHC

SERV

VSCO

UBS Posts Upbeat Earnings, Joins Victoria's Secret, Performance Food Group, Kellanova And Other Big Stocks Moving Higher On Wednesday

Truist Securities analyst Michael Ciarmoli maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Hold and raises the price target from $26 to $31.

Truist Securities Maintains Hold on Mercury Sys, Raises Price Target to $31

WIIM

Mercury Systems shares are trading higher after the company reported better-than-expected Q4 financial results.

Baird analyst Peter Arment maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Neutral and raises the price target from $26 to $37.

Baird Maintains Neutral on Mercury Sys, Raises Price Target to $37

Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.02 by 1050 percent. The company reported quarterly sales of $248.563 million which beat the analyst consensus estimate of $230.687 million by 7.75 percent. This is a 1.85 percent decrease over sales of $253.236 million the same period last year.

Mercury Sys Q4 2024 Adj. EPS $0.23 Beats $0.02 Estimate, Sales $248.563M Beat $230.687M Estimate

Mercury Systems shares are trading higher. The company reported Q4 financial results.

Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) is expected to release earnings results for its fourth quarter, after the <a href="https://www.benzinga.com/quote/MRCY/earnings">closing bell on Tuesday, Aug. 13.</a>
Analysts expect the Andover, Massachusetts-based company to report quarterly earnings at 2 cent per share, versus a year-ago profit of 11 cents per share. Mercury Systems is projected to report quarterly revenue of $230.69 million, compared to $253.24 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 18, Mercury named Tod Brindlinger as Senior Vice President of Operations.
Mercury Systems shares gained 2.7% to close at $35.60 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate &lt;a href=&#8221;https://www.benzinga.com/quote/MRCY/analyst-ratings&#8221;&gt;&lt;em&gt; analysts have rated the company &lt;/em&gt;&lt;/a&gt; in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c1499cb85e93000132aab7/seth-seifman">JP Morgan analyst Seth Seifman </a>maintained a Neutral rating and raised the price target from $24 to $26 on May 24. This analyst has an accuracy rate of 83%.</li>
<li>Truist Securities analyst Michael Ciarmoli maintained a Hold rating and cut the price target from $28 to $26 on May 8. This analyst has an accuracy rate of 77%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ff56e50bd9910001fba87f/noah-poponak">Goldman Sachs analyst Noah Poponak </a>maintained a Sell rating and decreased the price target from $24 to $21 on Feb. 8. This analyst has an accuracy rate of 61%.</li>
<li>RBC Capital analyst Ken Herbert maintained a Sector Perform rating and cut the price target from $35 to $30 on Feb. 7. This analyst has an accuracy rate of 64%.</li>
<li>Jefferies analyst Sheila Kahyaoglu downgraded the stock from Hold to Underperform and cut the price target from $35 to $30 on Jan. 3. This analyst has an accuracy rate of 70%.</li>
</ul>
Considering buying MRCY stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="564" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12040602/image-72-1024x564.png" alt="" class="wp-image-489038" style="width:565px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12040602/image-72-1024x564.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12040602/image-72-300x165.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12040602/image-72-768x423.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12040602/image-72.png 1257w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Mercury Systems Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Mercury Systems Says U.S. Navy Funded Company To Advance Chip-scale Technologies Needed To Reduce Electronic Warfare Design Timelines

Biotech

General

Mercury Systems And Green Hills Software Entered Into Verification Phase For Providing DO-178C And AC 20-193 Airworthiness Evidence For INTEGRITY-128 tuMP Safety-Critical Real-Time Operating System

JP Morgan analyst Seth Seifman maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Neutral and raises the price target from $24 to $26.

JP Morgan Maintains Neutral on Mercury Sys, Raises Price Target to $26

Truist Securities analyst Michael Ciarmoli maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Hold and lowers the price target from $28 to $26.

Truist Securities Maintains Hold on Mercury Sys, Lowers Price Target to $26

<h3>Gainers</h3>
<ul>
<li>Bitcoin Depot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTM#NASDAQ">BTM</a>) stock increased by 6.9% to $1.85 during Tuesday's after-market session. The market value of their outstanding shares is at $26.7 million. </li>
<li>FiscalNote Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) stock rose 5.38% to $1.37. The company's market cap stands at $183.8 million. </li>
<li>Hydrofarm Holdings Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYFM#NASDAQ">HYFM</a>) stock increased by 4.99% to $0.98. The market value of their outstanding shares is at $44.8 million. </li>
<li>Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) stock rose 4.34% to $2.16. The market value of their outstanding shares is at $203.8 million. </li>
<li>Innodata (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) stock increased by 3.85% to $7.0. The market value of their outstanding shares is at $201.2 million. As per the news, the Q1 earnings report came out today. </li>
<li>TOMI Environmental Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOMZ#NASDAQ">TOMZ</a>) stock rose 3.6% to $0.69. The market value of their outstanding shares is at $13.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>LegalZoom.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) shares fell 13.5% to $10.55 during Tuesday's after-market session. The company's market cap stands at $1.9 billion. The company's, Q1 earnings came out today. </li>
<li>Shoals Technologies Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) stock fell 9.89% to $7.93. The company's market cap stands at $1.3 billion. The company's, Q1 earnings came out today. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) shares decreased by 8.2% to $0.41. The company's market cap stands at $18.5 million. </li>
<li>Lichen China (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LICN#NASDAQ">LICN</a>) stock declined by 5.41% to $1.05. The company's market cap stands at $28.7 million. </li>
<li>Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) stock decreased by 5.16% to $27.6. The market value of their outstanding shares is at $1.6 billion. As per the press release, Q3 earnings came out today. </li>
<li>Polar Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POLA#NASDAQ">POLA</a>) stock decreased by 4.99% to $0.37. The company's market cap stands at $6.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's After-Market Session

Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) reported quarterly losses of $(0.26) per share which missed the analyst consensus estimate of $(0.02) by 1200 percent. This is a 165 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $208.258 million which missed the analyst consensus estimate of $214.317 million by 2.83 percent. This is a 20.96 percent decrease over sales of $263.479 million the same period last year.

Earnings Misses

Mercury Sys Q3 2024 Adj EPS $(0.26) Misses $(0.02) Estimate, Sales $208.258M Miss $214.317M Estimate

RBC Capital analyst Kenneth Herbert maintained a Hold rating on Mercury Systems (MRCY – Research Report) yesterday and set a price target of $35.00...

Mercury Systems (MRCY) Receives a Rating Update from a Top Analyst

In a report released today, Michael Ciarmoli from Truist Financial maintained a Hold rating on Mercury Systems (MRCY – Research Report), with a pri...

Truist Financial Remains a Hold on Mercury Systems (MRCY)

Mercury Systems sprints to YTD high after strong quarterly earnings beat

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Aerospace and defense specialist Mercury Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/mrcy-stock-quote/">MRCY</a>) &mdash; which offers advanced components, circuits, semiconductors and modules, among many other product categories &mdash; saw its shares skyrocket over 20% on Wednesday. Encouraging results tied to its fiscal fourth-quarter earnings disclosure are catapulting sentiment. Additionally, MRCY stock has benefited from surging relevancies in unmanned systems, one of Mercury&rsquo;s specialties.



Earlier today, Mercury <a href="https://www.msn.com/en-us/money/markets/mercury-systems-sprints-to-ytd-high-after-strong-quarterly-earnings-beat/ar-AA1oNjDF?ocid=finance-verthp-feeds">posted a net loss of $10.8 million</a> or 19 cents a share. That was an unfavorable expansion of red ink from the year-ago quarter&rsquo;s result of a loss of $8.2 million or 15 cents per share. However, Zacks reported that on a non-GAAP basis (adjusted for non-recurring items), the defense specialist posted earnings per share of 23 cents. This figure easily beat the expected loss of 7 cents adjusted.



On the revenue front, Mercury generated $248.6 million, a 1.8% decline from the year-ago quarter. However, the latest result easily beat the consensus estimate by a staggering 11.7%, explaining the enthusiasm for MRCY stock.



As Zacks explained, &ldquo;[t]he results reflected solid progress in each of the priority focus areas, with highlights that include retiring risk across remaining challenged programs and returning to pilot production on the common processing architecture area.&rdquo;



<h2>Relevant Fundamentals Bolster the Narrative for MRCY Stock</h2>



Another catalyst &mdash; this time, centering on a long-term framework &mdash; is the geopolitical focus on unmanned aerial vehicles (UAVs). A <a href="https://www.mercurysystems.info/">core specialty</a> under Mercury, the contractor provides what it terms a &ldquo;holistic approach&rdquo; to delivering the best unmanned systems. In particular, the company offers automation and digitalization-focused software and cybersecurity solutions.



Drones have become a game-changer in military operations. Throughout Russia&rsquo;s ongoing invasion of Ukraine, unmanned systems have represented a <a href="https://abcnews.go.com/International/ukraine-focuses-drone-warfare-military-creates-new-unmanned/story?id=111046806#:~:text=Drones%20have%20became%20a%20key,attack%20enemy%20personnel%20and%20vehicles.">key piece of technology</a>. The uses have ranged from reconnaissance to intelligence gathering to attacks on enemy personnel and vehicles. From a cynical standpoint, MRCY stock can then be included in the broader discussion.



On a more positive note, Mercury is also a specialist in developing the technologies needed to foster urban air mobility solutions. Companies such as Archer Aviation (NYSE:<a href="https://investorplace.com/stock-quotes/achr-stock-quote/">ACHR</a>) are rapidly <a href="https://investorplace.com/2024/08/achr-stock-3-things-for-investors-to-know-about-the-370-million-stellantis-deal/">making progress in this field</a>, offering potential opportunities for MRCY stock.



In addition, Mercury is also focused on medical drone deliveries. Per the company&rsquo;s website, it features an extensive European network that allows Mercury to assist healthcare providers with their drone-related needs.



However, one risk is that, according to TipRanks, MRCY stock suffers from a <a href="https://www.tipranks.com/stocks/mrcy/forecast">moderate sell</a> consensus view. Even more glaring, no analyst has issued a buy rating. Therefore, investors will want to exercise caution.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/2024/08/mrcy-stock-is-up-20-today-whats-going-on-with-mercury-systems/">MRCY Stock is Up 20% Today. What's Going On With Mercury Systems?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MRCY Stock is Up 20% Today. What's Going On With Mercury Systems?

Goldman Sachs analyst Noah Poponak has maintained their bearish stance on MRCY stock, giving a Sell rating on August 13. Noah Poponak has given his...

Sell Rating on Mercury Systems Due to Weak Financials and Overambitious Outlook

Mercury Systems: Why Did The Stock Surge 17%?

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Press Releases

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Mercury Systems Inc. to Contact Law Firm

INTEGRITY-178 tuMP RTOS Enters Verification Phase for Multicore DO-178C DAL A Assurance on Intel Tiger Lake

Management

Mercury Appoints Senior Vice President of Operations, Completes Second Phase of Organizational Restructuring

Contracts

U.S. Navy Funds Mercury to Advance Chip-Scale Technologies Needed to Reduce Electronic Warfare Design Timelines

Mercury Systems to Report Fourth Quarter and Full Fiscal Year 2024 Financial Results on August 13, 2024

Mercury Appoints Brad Whittington as Senior Vice President of Engineering

Mercury Systems Reports Fourth Quarter and Fiscal 2024 Results

Mercury Introduces New Small Form Factor Digital Signal Processing Module Powered by Altera Agilex FPGAs

Mercury To Provide Upgraded Processing Power for Refueling System on U.S. Air Force's KC-46A Tanker Fleet

Mercury Systems to Report First Quarter Fiscal Year 2025 Financial Results on November 5, 2024

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