Mercury Systems Inc (MRCY) Analysts See $0.19 EPS

September 22, 2017 - By Louis Casey

 Mercury Systems Inc (MRCY) Analysts See $0.19 EPS
Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.91, from 1.92 in 2017Q1. It worsened, as 16 investors sold Mercury Systems Inc shares while 71 reduced holdings. 29 funds opened positions while 59 raised stakes. 45.29 million shares or 1.40% less from 45.94 million shares in 2017Q1 were reported.
Rafferty Asset Mngmt Limited Liability Co owns 0.03% invested in Mercury Systems Inc (NASDAQ:MRCY) for 21,850 shares. State Of Wisconsin Inv Board accumulated 0.05% or 359,520 shares. Dimensional Fund Advisors Lp holds 0.04% or 1.91 million shares. 44,216 are held by State Of Tennessee Treasury Department. Comml Bank Of America De invested in 471,328 shares or 0% of the stock. 539,762 are held by Massachusetts Financial Services Ma. Moreover, Jpmorgan Chase & has 0% invested in Mercury Systems Inc (NASDAQ:MRCY) for 59,410 shares. G2 Prtnrs Management Limited Com stated it has 97,820 shares. Geneva Ltd Llc holds 0.02% of its portfolio in Mercury Systems Inc (NASDAQ:MRCY) for 29,390 shares. Old National Commercial Bank In has invested 0.02% of its portfolio in Mercury Systems Inc (NASDAQ:MRCY). Raymond James And Assocs accumulated 6,895 shares or 0% of the stock. Ironwood Invest Mgmt Ltd Llc reported 61,304 shares. Texas Permanent School Fund, a Texas-based fund reported 35,040 shares. Creative Planning holds 444 shares. Greenwood Associates Lc stated it has 17,171 shares or 0.19% of all its holdings.

Since May 4, 2017, it had 0 insider purchases, and 5 selling transactions for $2.72 million activity. 30,000 Mercury Systems Inc (NASDAQ:MRCY) shares with value of $1.21M were sold by THIBAUD DIDIER M C.

Analysts await Mercury Systems Inc (NASDAQ:MRCY) to report earnings on October, 24. They expect $0.19 earnings per share, up 11.76 % or $0.02 from last year’s $0.17 per share. MRCY’s profit will be $9.13 million for 64.64 P/E if the $0.19 EPS becomes a reality. After $0.27 actual earnings per share reported by Mercury Systems Inc for the previous quarter, Wall Street now forecasts -29.63 % negative EPS growth. The stock increased 0.49% or $0.24 during the last trading session, reaching $49.13. About 148,519 shares traded. Mercury Systems Inc (NASDAQ:MRCY) has risen 91.74% since September 22, 2016 and is uptrending. It has outperformed by 75.04% the S&P500.

Mercury Systems Inc (NASDAQ:MRCY) Ratings Coverage

Among 9 analysts covering Mercury (NASDAQ:MRCY), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Mercury had 12 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Tuesday, September 5. As per Thursday, March 17, the company rating was initiated by Sidoti. The stock of Mercury Systems Inc (NASDAQ:MRCY) has “Outperform” rating given on Thursday, October 6 by Robert W. Baird. The firm earned “Buy” rating on Thursday, January 19 by SunTrust. Jefferies maintained Mercury Systems Inc (NASDAQ:MRCY) on Friday, July 7 with “Hold” rating. The company was upgraded on Tuesday, January 24 by Bank of America. Jefferies maintained Mercury Systems Inc (NASDAQ:MRCY) on Friday, May 26 with “Hold” rating. Citigroup initiated the stock with “Buy” rating in Friday, June 10 report. The rating was initiated by Drexel Hamilton with “Buy” on Tuesday, August 25. As per Wednesday, August 2, the company rating was maintained by Noble Financial.

Mercury Systems, Inc. is a commercial well-known provider of secure processing subsystems designed and made in the United States. The company has market cap of $2.36 billion. The Company’s solutions support a range of defense and intelligence programs. It has a 85.71 P/E ratio. The Company’s technologies include embedded processing modules and subsystems, radio frequency and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

More notable recent Mercury Systems Inc (NASDAQ:MRCY) news were published by: Globenewswire.com which released: “Mercury Systems Receives AS9100 Certification at Multiple Sites” on August 30, 2017, also Globenewswire.com with their article: “Mercury Systems Launches Single Board Computer with 30x Faster Boot Time for …” published on September 07, 2017, Globenewswire.com published: “Mercury Systems Announces First Secure Intel Xeon-based Single Board Computer …” on August 23, 2017. More interesting news about Mercury Systems Inc (NASDAQ:MRCY) were released by: Globenewswire.com and their article: “Mercury Systems Receives $3.8M Order for Advanced Electronic Warfare Application” published on September 19, 2017 as well as Globenewswire.com‘s news article titled: “Mercury Systems Expands Mission Computing Capabilities With Acquisition of …” with publication date: July 05, 2017.

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