Mercury Systems Inc. (MRCY)

NASDAQ: MRCY · IEX Real-Time Price · USD
58.77
0.49 (0.84%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap3.39B
Revenue (ttm)949.31M
Net Income (ttm)12.29M
Shares Out57.67M
EPS (ttm)0.43
PE Ratio136.67
Forward PE22.17
Dividendn/a
Ex-Dividend Daten/a
Volume315,892
Open58.90
Previous Close58.28
Day's Range58.23 - 59.49
52-Week Range44.44 - 72.28
Beta0.95
AnalystsBuy
Price Target62.19 (+5.8%)
Earnings DateMay 3, 2022

About MRCY

Mercury Systems, Inc., a technology company, engages in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company's products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. It offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, a...

IndustryAerospace & Defense
IPO DateJan 30, 1998
CEOMark Aslett
Employees2,316
Stock ExchangeNASDAQ
Ticker SymbolMRCY
Full Company Profile

Financial Performance

In 2021, MRCY's revenue was $924.00 million, an increase of 15.99% compared to the previous year's $796.61 million. Earnings were $62.04 million, a decrease of -27.61%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for MRCY stock is "Buy." The 12-month stock price forecast is 62.19, which is an increase of 5.82% from the latest price.

Price Target
$62.19
(5.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mercury Systems to present at the 42nd Annual William Blair Growth Stock Conference

ANDOVER, Mass., May 17, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced t...

35 minutes ago - GlobeNewsWire

Mercury (MRCY) Introduces Industry-First AMMP Computer

Mercury's (MRCY) latest release of SOSA-aligned Avionics Modular Mission Platform computer intends to enhance decision accuracy and response times for pilots and aircraft, avoiding operational risks.

4 hours ago - Zacks Investment Research

Mercury launches industry-first safe, SOSA aligned mission computer

Open standards-based DAL-certifiable system delivers up to 40x more performance than current-generation computers while saving space, power and costs ANDOVER, Mass., May 16, 2022 (GLOBE NEWSWIRE) -- Mer...

1 day ago - GlobeNewsWire

Mercury (MRCY), Lockheed Martin Tie Up for Sensor Processing

Mercury's (MRCY) latest collaboration with Lockheed Martin will meet mission-critical requirements of the aerospace and defense industry through the development of new sensor processing technologies.

6 days ago - Zacks Investment Research

Mercury Systems and Lockheed Martin sign memorandum of agreement to collaborate on sensor processing technology in Sw...

ANDOVER, Mass., May 10, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, and Lockheed Mart...

1 week ago - GlobeNewsWire

Mercury Systems (MRCY) Beats Q3 Earnings & Revenue Estimates

Mercury Systems' (MRCY) third-quarter top line is hurt by contracting delays, while an unfavorable program mix and increased operating expenses weigh on the bottom line.

1 week ago - Zacks Investment Research

Mercury Systems (MRCY) Surpasses Q3 Earnings and Revenue Estimates

Mercury Systems (MRCY) delivered earnings and revenue surprises of 1.79% and 2.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Mercury Systems Reports Third Quarter Fiscal 2022 Results

Third Quarter Highlights Include: Record bookings of $295 million yielding book-to-bill of 1.17 Well-positioned to return to organic growth with record backlog of $996 million Refinanced and increased r...

2 weeks ago - GlobeNewsWire

Mercury Systems receives $16.8M contract award for rugged BuiltSECURE servers

ANDOVER, Mass., April 27, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it re...

2 weeks ago - GlobeNewsWire

Analysts Estimate Mercury Systems (MRCY) to Report a Decline in Earnings: What to Look Out for

Mercury Systems (MRCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Increased U.S. manufacturing of microelectronics enabled through Mercury Systems' Phoenix facility expansion

Ribbon-cutting event at DMEA-accredited facility hosted Arizona dignitaries Ribbon-cutting event at DMEA-accredited facility hosted Arizona dignitaries

3 weeks ago - GlobeNewsWire

Mercury Systems selected to provide secure packaging for DoD SHIP program

ANDOVER, Mass., April 19, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it h...

4 weeks ago - GlobeNewsWire

Mercury Systems executives appointed to SOSA Consortium Advisory Board

ANDOVER, Mass., April 14, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced that...

1 month ago - GlobeNewsWire

Mercury Systems (MRCY) Clinches $14M SiP Assemblies Contract

Mercury System's (MRCY) recent contract win for the provision of SiP assemblies reflects its commitment toward the advancement of defense solutions for future federal mission needs.

1 month ago - Zacks Investment Research

Mercury Systems receives $14M order for SiP assemblies

ANDOVER, Mass., April 12, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it re...

1 month ago - GlobeNewsWire

Mercury Systems to report third quarter fiscal year 2022 financial results on May 3, 2022

ANDOVER, Mass., April 12, 2022 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, will release it...

1 month ago - GlobeNewsWire

VAST Federal and Mercury Systems Collaborate to Build Ruggedized Ceres Platform for Military and Defense Operations a...

Remote-First-Company/NEW YORK--(BUSINESS WIRE)--VAST Federal, a VAST Data subsidiary providing government agencies with mission-ready data platform solutions, today announced a collaboration with Mercur...

1 month ago - Business Wire

Mercury Systems Stock Slips After Jefferies Downgrade

Jefferies analyst Sheila Kahyaoglu downgraded Mercury Systems Inc (NASDAQ: MRCY) to Hold from Buy and raised the price target to $65 (an upside of 4.7%) from $62. Kahyaoglu notes that the stock had incr...

1 month ago - Benzinga

Mercury (MRCY) Clinches $6.9M Signal Processing Contract

Mercury's (MRCY) recent contract win for OpenVPX digital signal processing systems reflects the company's commitment to developing advanced signal processing systems for future mission needs.

1 month ago - Zacks Investment Research

Mercury Systems receives $6.9M order for high-performance digital signal processing systems

ANDOVER, Mass., April 06, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com ), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announc...

1 month ago - GlobeNewsWire

Mercury (MRCY) Launches Rad-Tolerant Power Module RH5210

Mercury Systems (MRCY) introduces the first solution in its series of radiation-tolerant power module supplies - RH5210.

1 month ago - Zacks Investment Research

Mercury announces new line of drop-in radiation-tolerant power supplies for the Space market

Standardized ultra-compact FPGA power module enables the most demanding on-orbit processing Standardized ultra-compact FPGA power module enables the most demanding on-orbit processing

1 month ago - GlobeNewsWire

Mercury Systems announces appointment of Steve Ratner as senior vice president and chief human resources officer

ANDOVER, Mass., March 31, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc., (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announc...

1 month ago - GlobeNewsWire

Mercury Systems receives $4M order for RF system-in-package technology

ANDOVER, Mass., March 30, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it r...

1 month ago - GlobeNewsWire

Mercury Systems Awarded $24M Contract for Avionics Systems

ANDOVER, Mass., March 24, 2022 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it r...

1 month ago - GlobeNewsWire