Mercury Systems, Inc. (MRCY)

NASDAQ: MRCY · IEX Real-Time Price · USD
49.00
+1.25 (2.62%)
Mar 24, 2023, 4:00 PM EDT - Market closed
2.62%
Market Cap 2.85B
Revenue (ttm) 999.97M
Net Income (ttm) -4.20M
Shares Out 58.11M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 22.83
Dividend n/a
Ex-Dividend Date n/a
Volume 295,287
Open 47.31
Previous Close 47.75
Day's Range 47.01 - 49.17
52-Week Range 40.48 - 68.38
Beta 1.01
Analysts Buy
Price Target 57.49 (+17.33%)
Earnings Date May 2, 2023

About MRCY

Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and sto... [Read more]

Sector Industrials
IPO Date Jan 30, 1998
Employees 2,424
Stock Exchange NASDAQ
Ticker Symbol MRCY
Full Company Profile

Financial Performance

In 2022, MRCY's revenue was $988.20 million, an increase of 6.95% compared to the previous year's $924.00 million. Earnings were $11.28 million, a decrease of -81.83%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for MRCY stock is "Buy." The 12-month stock price forecast is $57.49, which is an increase of 17.33% from the latest price.

Price Target
$57.49
(17.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mercury Systems Appoints Christine Fox Harbison as Executive Vice President and Chief Growth Officer

ANDOVER, Mass., March 02, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense...

3 weeks ago - GlobeNewsWire

Why Is Mercury Systems (MRCY) Down 5.1% Since Last Earnings Report?

Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

APELY or MRCY: Which Is the Better Value Stock Right Now?

APELY vs. MRCY: Which Stock Is the Better Value Option?

1 month ago - Zacks Investment Research

Mercury Systems Hosts U.S. Representative Dale Strong at its Huntsville Facility

ANDOVER, Mass., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense ...

1 month ago - GlobeNewsWire

Mercury Shareholder Action Reminder

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Co...

1 month ago - Newsfile Corp

Mercury Investor Alert

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Co...

1 month ago - Newsfile Corp

Mercury Systems (MRCY) Lags Q2 Earnings & Revenue Estimates

Mercury Systems (MRCY) delivers lower-than-expected second-quarter fiscal 2023 results.

1 month ago - Zacks Investment Research

Mercury Systems (MRCY) Q2 Earnings and Revenues Miss Estimates

Mercury Systems (MRCY) delivered earnings and revenue surprises of -21.21% and 1.57%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Defense tech firm Mercury Systems announces CFO exit, strategic review

Mercury Systems Inc on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had initiated a review of strategic alternatives.

1 month ago - Reuters

Mercury Systems Reports Second Quarter Fiscal 2023 Results; Initiates Review of Strategic Alternatives

Second Quarter Highlights Include: Bookings of $270.3M yielding book-to-bill of 1.18 Record backlog of $1.12 billion Revenues increased 4% over prior year with positive organic growth Generated positi...

1 month ago - GlobeNewsWire

Mercury Systems Announces CFO Transition

ANDOVER, Mass., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (“Mercury” or the “Company”), (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most dem...

1 month ago - GlobeNewsWire

Mercury (MRCY) Avails RES X08 for Aerospace & Defense Missions

Mercury's (MRCY) latest version of rugged rack servers, RES X08, featuring Intel's new Xeon Scalable processors, is available now for improved workloads in the aerospace and defense industries.

1 month ago - Zacks Investment Research

MERCURY SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their Options

NEW YORK , Jan. 27, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mercury Systems, Inc. ("Mercury" or the "Company") (NAS...

2 months ago - PRNewsWire

Mercury Makes Intel's Newest Data Center-class Xeon Processors Available for Aerospace & Defense Missions with Its Next-Generation Rugged Rack Servers

ANDOVER, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense m...

2 months ago - GlobeNewsWire

Mercury Systems (MRCY) to Report Q2 Earnings: What's in Store?

Along with increasing modernization in radar, electronic warfare and C4I, Mercury Systems' (MRCY) Q2 performance is likely to have been driven by revenue contributions from the newly acquired business...

2 months ago - Zacks Investment Research

Mercury (MRCY) Launches Signal Processing Board With Intel

Mercury's (MRCY) latest breakthrough technology, DRF3182 Direct RF Processing Module, features Intel's Stratix 10 AX SoC FPGA and is specifically built for the aerospace and defense applications.

2 months ago - Zacks Investment Research

Securities Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Investigating Securities Fraud Claims on Behalf of Investors of Mercury Systems, Inc. (MRCY)

Radnor, Pennsylvania--(Newsfile Corp. - January 23, 2023) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities ...

2 months ago - Newsfile Corp

Mercury Appoints Vivek Upadhyaya as Vice President of Finance

ANDOVER, Mass., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense m...

2 months ago - GlobeNewsWire

MRCY ALERT: Hagens Berman, National Trial Attorneys, Encourages Mercury Systems (MRCY) Investors with Significant Losses to Contact Firm's Attorneys, Firm Investigating Possible Securities Law Violations

San Francisco, California--(Newsfile Corp. - January 23, 2023) - Hagens Berman urges Mercury Systems, Inc. (NASDAQ: MRCY) investors who suffered significant losses to submit your losses now.Visit: htt...

2 months ago - Newsfile Corp

Mercury Unveils the Industry's First Signal Processing Board To Feature Intel's Latest Direct RF Technology

ANDOVER, Mass., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers processing power for the most demanding aerospace and defense m...

2 months ago - GlobeNewsWire

Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Mercury Systems, Inc. (MRCY)

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Mercury Systems, Inc. (“Mercury” or the “Company”) (NASDAQ: MRCY). The investigation concerns...

2 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Mercury Systems, Inc. (MRCY) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Mercury Systems, Inc. (“Mercury” or the “C...

2 months ago - Business Wire

SHAREHOLDER ALERT: Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Announces Investigation of Mercury Systems, Inc. (MRCY)

Atlanta, Georgia--(Newsfile Corp. - January 17, 2023) - Holzer & Holzer, LLC is investigating whether Mercury Systems, Inc. ("Mercury Systems" or the "Company") (NASDAQ: MRCY) complied with federal se...

2 months ago - Newsfile Corp

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Mercury Systems, Inc. (MRCY) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Mercury Systems, Inc. (“Mercury” or the “Company”) (NASDAQ: MRCY) investors concerning the Com...

2 months ago - Business Wire

MERCURY INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their Options

NEW YORK , Jan. 13, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mercury Systems, Inc. ("Mercury" or the "Company") (NAS...

2 months ago - PRNewsWire