Mercury SystemsMRCY
About: Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
Employees: 2,364
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
61% more call options, than puts
Call options by funds: $5.53M | Put options by funds: $3.45M
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
15% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 79
5% more funds holding
Funds holding: 219 [Q1] → 230 (+11) [Q2]
3.3% more ownership
Funds ownership: 105.82% [Q1] → 109.12% (+3.3%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
6% less capital invested
Capital invested by funds: $1.85B [Q1] → $1.75B (-$106M) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan Seth Seifman 71% 1-year accuracy 17 / 24 met price target | 1%downside $36 | Neutral Maintained | 5 Sept 2024 |
Alembic Global Peter Skibitski 80% 1-year accuracy 4 / 5 met price target | 32%upside $48 | Overweight Upgraded | 19 Aug 2024 |
RBC Capital Ken Herbert 77% 1-year accuracy 44 / 57 met price target | 4%downside $35 | Sector Perform Maintained | 14 Aug 2024 |
Truist Securities Michael Ciarmoli 71% 1-year accuracy 40 / 56 met price target | 15%downside $31 | Hold Maintained | 14 Aug 2024 |
Baird Peter Arment 85% 1-year accuracy 11 / 13 met price target | 2%upside $37 | Neutral Maintained | 14 Aug 2024 |