Mercury Systems (MRCY) Receives Coverage Optimism Score of 0.02

News headlines about Mercury Systems (NASDAQ:MRCY) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mercury Systems earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 43.8907022304864 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern’s rankings:

Mercury Systems opened at $49.57 on Friday, Marketbeat reports. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.63 and a quick ratio of 3.11. The stock has a market capitalization of $2.36 billion, a PE ratio of 41.19, a price-to-earnings-growth ratio of 3.38 and a beta of 0.50. Mercury Systems has a 1-year low of $30.11 and a 1-year high of $55.00.

Mercury Systems (NASDAQ:MRCY) last issued its earnings results on Tuesday, July 31st. The technology company reported $0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.05. The company had revenue of $152.87 million during the quarter, compared to the consensus estimate of $149.31 million. Mercury Systems had a return on equity of 7.47% and a net margin of 8.29%. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. During the same period last year, the business posted $0.32 EPS. analysts expect that Mercury Systems will post 1.36 earnings per share for the current year.

A number of equities research analysts have weighed in on MRCY shares. Bank of America downgraded Mercury Systems from a “buy” rating to an “underperform” rating and reduced their target price for the company from $50.00 to $35.00 in a report on Wednesday, April 25th. ValuEngine cut Mercury Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, April 17th. Zacks Investment Research cut Mercury Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, July 24th. Jefferies Financial Group reiterated a “hold” rating and issued a $44.00 price target on shares of Mercury Systems in a research note on Thursday, April 26th. Finally, BidaskClub raised Mercury Systems from a “strong sell” rating to a “sell” rating in a research report on Friday, August 3rd. Three analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Mercury Systems currently has an average rating of “Hold” and an average target price of $51.33.

In other news, COO Didier M. C. Thibaud sold 28,000 shares of the firm’s stock in a transaction dated Wednesday, August 1st. The stock was sold at an average price of $48.00, for a total value of $1,344,000.00. Following the completion of the sale, the chief operating officer now directly owns 320,440 shares in the company, valued at approximately $15,381,120. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.50% of the company’s stock.

About Mercury Systems

Mercury Systems, Inc provides sensor and safety critical mission processing subsystems for various critical defense and intelligence programs in the United States. The company's products and solutions are deployed in approximately 300 programs with 25 defense prime contractors. Its principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, Reaper, F-16 SABR, E2D Hawkeye, and Paveway.

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