Robert W. Baird analyst Peter Arment maintained a Buy rating on Mercury Systems (NASDAQ:MRCY) Inc on Wednesday, setting a price target of $80, which is approximately 38.67% above the present share price of $57.69.
Arment expects Mercury Systems Inc to post earnings per share (EPS) of $0.23 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Mercury Systems, with an average price target of $78.
The analysts price targets range from a high of $80 to a low of $74.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $210.68 million and a net profit of $21.3 million. The company's market cap is $3.24 billion.
According to TipRanks.com, Robert W. Baird analyst Peter Arment is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 63.68% success rate.
Mercury Systems, Inc. engages in the provision of secure sensor and safety critical mission processing subsystems. It offer products under the following categories: Components, Modules and Sub-Assemblies, and Integrated Subsystems. The Components category refers to technology elements typically performing a single, discrete technological function, which when physically combined with other components may be used to create a module or sub-assembly. The Modules and Sub-Assemblies category includes combinations of multiple functional technology elements and components that work together to perform multiple functions, but are typically resident on or within a single board or housing. The Integrated Subsystems category covers multiple modules and sub-assemblies combined with a backplane or similar functional element and software to enable a solution. The company was founded on July 14, 1981 and is headquartered in Andover, MA.