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MRCY

MRCY - Mercury Systems Inc Stock Price, Fair Value and News

31.65USD+0.42 (+1.34%)Delayed

Market Summary

MRCY
USD31.65+0.42
Delayed
1.34%

MRCY Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

MRCY Stock Price

View Fullscreen

MRCY RSI Chart

MRCY Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

-13.9

Price/Sales (Trailing)

2.24

EV/EBITDA

-27.47

Price/Free Cashflow

-59.52

MRCY Price/Sales (Trailing)

MRCY Profitability

Operating Margin

22.63%

EBT Margin

-22.08%

Return on Equity

-9.17%

Return on Assets

-5.68%

Free Cashflow Yield

-1.68%

MRCY Fundamentals

MRCY Revenue

Revenue (TTM)

839.9M

Rev. Growth (Yr)

-20.96%

Rev. Growth (Qtr)

5.47%

MRCY Earnings

Earnings (TTM)

-135.1M

Earnings Growth (Yr)

-964.51%

Earnings Growth (Qtr)

2.21%

Breaking Down MRCY Revenue

Last 7 days

13.1%

Last 30 days

15.3%

Last 90 days

8.6%

Trailing 12 Months

-23.6%

How does MRCY drawdown profile look like?

MRCY Financial Health

Current Ratio

4.58

MRCY Investor Care

Shares Dilution (1Y)

1.99%

Diluted EPS (TTM)

-2.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024839.9M000
20231.0B973.9M927.3M895.2M
2022949.3M988.2M990.8M1000.0M
2021890.5M924.0M943.4M953.1M
2020756.2M796.6M824.9M841.7M
2019654.7M654.7M688.0M722.8M
2018630.6M654.7M654.7M654.7M
2017425.7M493.2M531.2M572.3M
2016248.8M270.2M317.8M375.3M
2015224.4M234.8M239.2M242.5M
2014206.9M208.7M212.1M218.2M
2013203.3M194.2M199.3M203.8M
2012245.3M244.9M241.5M219.9M
2011221.5M228.7M225.7M238.2M
20100199.8M207.1M214.3M
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Tracking the Latest Insider Buys and Sells of Mercury Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 28, 2024
jana partners management, lp
bought
2,222,250
29.63
75,000
-
Feb 27, 2024
jana partners management, lp
bought
8,304,260
29.21
284,295
-
Feb 26, 2024
jana partners management, lp
bought
531,172
28.53
18,618
-
Feb 20, 2024
ratner steven
sold
-3,708
28.75
-129
evp, chro
Feb 16, 2024
ratner steven
sold
-55,988
29.5453
-1,895
evp, chro
Feb 16, 2024
munro douglas
sold
-8,161
29.572
-276
vp, cao
Feb 16, 2024
georges stephanie
sold
-41,666
29.572
-1,409
evp, cco
Feb 16, 2024
wells charles roger iv
sold
-50,154
29.572
-1,696
evp, coo
Feb 15, 2024
kupinsky stuart
acquired
-
-
49,554
evp, clo & corp sec
Feb 15, 2024
munro douglas
acquired
-
-
3,304
vp, cao

1–10 of 50

Which funds bought or sold MRCY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
reduced
-39.13
-3,846,840
3,711,290
0.02%
May 16, 2024
JANE STREET GROUP, LLC
added
102
2,947,960
7,596,660
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
sold off
-100
-2,699,600
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.24
-485,721
1,575,950
-%
May 16, 2024
Redwood Investment Management, LLC
added
26.51
66,000
3,276,000
0.31%
May 16, 2024
Sugar Maple Asset Management, LLC
new
-
354,000
354,000
0.34%
May 15, 2024
Walleye Capital LLC
added
42.43
7,086
54,664
-%
May 15, 2024
SEGALL BRYANT & HAMILL, LLC
added
15.92
-3,059,040
44,048,600
0.83%
May 15, 2024
LMR Partners LLP
new
-
253,700
253,700
-%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
9.8
-316,584
2,453,340
0.01%

1–10 of 43

Are Funds Buying or Selling MRCY?

Are funds buying MRCY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MRCY
No. of Funds

Unveiling Mercury Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
jana partners management, lp
11.0%
6,553,120
SC 13D/A
Feb 13, 2024
vanguard group inc
9.56%
5,669,352
SC 13G/A
Feb 12, 2024
william blair investment management, llc
11.1%
6,556,772
SC 13G/A
Jan 24, 2024
state street corp
5.97%
3,536,048
SC 13G
Jan 23, 2024
blackrock inc.
12.6%
7,486,058
SC 13G/A
Sep 06, 2023
william blair investment management, llc
11.6%
6,740,439
SC 13G/A
Aug 08, 2023
blackrock inc.
10.1%
5,878,104
SC 13G/A
Jul 06, 2023
jana partners llc
8.0%
4,655,249
SC 13D
Jun 15, 2023
starboard value lp
4.6%
2,660,258
SC 13D/A
Feb 14, 2023
bank of america corp /de/
0.1%
62,520
SC 13G/A

Recent SEC filings of Mercury Systems Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
S-8
Employee Benefits Plan
May 07, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Mar 18, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
144
Notice of Insider Sale Intent
Mar 13, 2024
144
Notice of Insider Sale Intent
Feb 29, 2024
144
Notice of Insider Sale Intent
Feb 28, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading

Peers (Alternatives to Mercury Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
113.6B
76.4B
8.72% -10.70%
-52.82
1.49
8.37% 47.92%
82.1B
43.1B
5.16% 41.81%
24.25
1.9
8.09% -0.18%
42.4B
20.2B
11.05% 20.35%
36.17
2.1
15.66% 26.95%
33.9B
6.9B
30.70% 83.58%
39.37
4.93
15.47% 76.95%
29.8B
3.2B
9.16% 20.69%
70.11
9.19
38.68% 18.86%
21.8B
1.7B
-3.68% 43.18%
83.09
12.96
31.69% 90.90%
10.1B
11.6B
-5.81% 27.02%
14.29
0.87
7.53% 24.12%
MID-CAP
10.7B
2.9B
11.46% 69.26%
28.48
3.64
11.39% 20.50%
8.1B
2.5B
-4.85% 32.85%
31.91
3.19
11.52% 5.39%
5.5B
705.8M
32.20% 77.40%
-51.04
7.73
44.89% -1159.76%
SMALL-CAP
856.0M
766.6M
13.00% 39.33%
48.79
1.12
4.98% -32.31%
407.2M
8.4M
5.32% -77.95%
-0.92
48.52
194.12% 21.45%
92.5M
41.0M
-18.87% -24.21%
14.63
2.26
46.14% 28.25%
74.1M
642.5K
9.05% -25.34%
31.44
106.77
-97.11% -47.43%
16.0M
2.0M
-1.36% -14.45%
-1.45
7.99
456.67% -18.02%

Mercury Systems Inc News

Latest updates
Yahoo Singapore News10 hours ago

Mercury Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue5.5%208197181253263230228290253220225251257211206217208194177177175
Cost Of Revenue1.0%16816613018617314914917015313313714815112211812111510599.0097.00101
Gross Profit28.9%41.0032.0051.0067.0090.0081.0078.0012010087.0088.0010310689.0088.0097.0093.0089.0078.0080.0074.00
Operating Expenses1.0%86.0085.0091.0076.0088.0089.0085.0092.0090.0088.0094.0080.0084.0071.0069.0070.0067.0068.0061.0059.0052.00
  S&GA Expenses-3.0%43.0044.0036.0032.0045.0045.0039.0044.0039.0037.0037.0032.0038.0032.0033.0035.0034.0033.0030.0031.0027.00
  R&D Expenses-24.3%22.0028.0032.0028.0027.0027.0028.0025.0025.0028.0029.0028.0030.0028.0027.0027.0025.0025.0022.0020.0017.00
EBITDA Margin-474.0%-0.08*-0.01*0.05*0.08*0.11*0.11*0.12*0.12*0.12*0.13*0.14*0.16*---------
Interest Expenses7.4%9.009.008.007.007.007.005.002.002.001.001.001.001.000.00-1.000.00--2.002.00
Income Taxes30.3%-12.64-18.14-13.03-6.59-10.45-2.15-1.026.002.00-0.15-0.443.005.004.002.00-0.235.005.00-2.02-0.225.00
Earnings Before Taxes10.2%-57.22-63.72-49.73-14.82-5.29-13.07-15.3623.006.00-2.79-7.5821.0021.0017.0018.0027.0029.0021.0017.0013.0019.00
EBT Margin-48.0%-0.22*-0.15*-0.09*-0.05*-0.01*0.00*0.01*0.02*0.02*0.03*0.05*0.08*---------
Net Income2.2%-44.57-45.58-36.71-8.245.00-10.92-14.3317.004.00-2.64-7.1418.0016.0013.0016.0027.0024.0016.0019.0013.0014.00
Net Income Margin-68.7%-0.16*-0.10*-0.05*-0.03*0.00*0.00*0.00*0.01*0.01*0.02*0.04*0.07*---------
Free Cashflow-168.6%-25.7438.00-47.084.00-12.6622.00-73.37-27.61-10.32-1.20-7.3816.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.4%2,3782,4362,4012,3912,3842,3482,3492,3042,2602,2311,9651,9551,9031,9491,6531,6111,7721,5131,4741,4171,212
  Current Assets-3.3%952984955937938897879815755709662643627646677635795545503582425
    Cash Equivalents-15.4%14316989.0072.0064.0077.0052.0066.0092.0010596.00114122171239227407182161258113
  Inventory-3.2%343354363337343312288270260251234222227218206178162154149137132
  Net PPE-0.4%11411411712011912212612712612712912912812595.0088.0079.0073.0066.0060.0056.00
  Goodwill0%93893893893893893893893893894280580578314861461461561553.00562-
Liabilities-2.8%905932860825823804810767759744486471449519245226422196179132400
  Current Liabilities-8.0%20822620523322020118219418316416715116321214712612210894.0098.0094.00
Shareholder's Equity-2.1%1,4731,5041,5411,5671,5611,5441,5391,5371,5001,4871,4791,4841,4541,4311,4081,3851,3491,3171,2951,285812
  Retained Earnings-16.2%231275321357366361371386369365367374357341328312285262246227214
  Additional Paid-In Capital0.8%1,2311,2201,2061,1971,1871,1731,1571,1451,1311,1221,1121,1091,1001,0931,0821,0751,0651,0561,0501,059599
Shares Outstanding0.5%58.0058.0057.0057.0057.0056.0056.0056.0055.0055.0055.0055.00---------
Float------2,600---3,100---4,800---3,900---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-139.1%-17,80545,494-39,06812,610-3,21735,392-66,039-19,435-4,2526,824-2,00627,19423,18523,93922,92928,72630,08232,06624,31025,96926,218
  Share Based Compensation-6.3%6,9207,3864,1173079,93910,2587,24912,0318,8877,8489,5276,4257,4117,2707,1847,5346,8146,5315,6594,5864,873
Cashflow From Investing0.7%-7,938-7,990-8,015-8,761-9,398-13,124-7,278-8,375-6,055-251,276-8,614-78,454-71,581-255,874-10,978-11,506-6,559-11,324-106,097-54,383-43,560
Cashflow From Financing-100.0%-41,21765,0003,099-2,39359,9372,116-2,879253,833-7,31643,09611.00163,186-64.00-197,645201,647-375-14,559173,87335,998
  Buy Backs-100.0%-15.00----63.004902171837,316---66.0056674637514,562535501
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MRCY Income Statement

2024-03-29
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net revenues$ 208,258$ 263,479$ 586,712$ 720,646
Cost of revenues167,616173,190464,023471,302
Gross margin40,64290,289122,689249,344
Operating expenses:    
Selling, general and administrative43,15744,626123,421128,626
Research and development21,56326,51681,91181,188
Amortization of intangible assets11,53312,80936,35040,919
Restructuring and other charges9,8412,77819,3896,355
Acquisition costs and other related expenses2041,6061,4045,043
Total operating expenses86,29888,335262,475262,131
(Loss) income from operations(45,656)1,954(139,786)(12,787)
Interest income54280674329
Interest expense(9,319)(6,711)(25,856)(17,848)
Other expense, net(2,784)(613)(5,706)(3,412)
Loss before income tax benefit(57,217)(5,290)(170,674)(33,718)
Income tax benefit(12,643)(10,446)(43,811)(13,619)
Net (loss) income$ (44,574)$ 5,156$ (126,863)$ (20,099)
Basic net loss per share (in dollars per share)$ (0.77)$ 0.09$ (2.20)$ (0.36)
Diluted net loss per share (in dollars per share)$ (0.77)$ 0.09$ (2.20)$ (0.36)
Weighted-average shares outstanding:    
Basic (in shares)57,69856,51157,53656,310
Diluted (in shares)57,69856,89657,53656,310
Comprehensive (loss) earnings:    
Net (loss) income$ (44,574)$ 5,156$ (126,863)$ (20,099)
Change in fair value of derivative instruments, net of tax3,064(2,687)(1,058)1,275
Foreign currency translation adjustments(459)(20)370374
Pension benefit plan, net of tax(56)46(169)142
Total other comprehensive income (loss), net of tax2,549(2,661)(857)1,791
Total comprehensive (loss) income$ (42,025)$ 2,495$ (127,720)$ (18,308)

MRCY Balance Sheet

2024-03-29
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2024
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 142,645$ 71,563
Accounts receivable, net of allowance for credit losses of $497 and $1,335 at March 29, 2024 and June 30, 2023, respectively91,785124,729
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $8,653 and $0 at March 29, 2024 and June 30, 2023, respectively325,441382,558
Inventory343,015337,216
Prepaid income taxes27,9670
Prepaid expenses and other current assets20,65620,952
Total current assets951,509937,018
Property and equipment, net113,907119,554
Goodwill938,093938,093
Intangible assets, net261,805298,051
Operating lease right-of-use assets, net63,32963,015
Deferred tax asset44,36627,099
Other non-current assets5,1698,537
Total assets2,378,1782,391,367
Current liabilities:  
Accounts payable79,906103,986
Accrued expenses40,09128,423
Accrued compensation16,87130,419
Income taxes payable013,874
Deferred revenues and customer advances70,70156,562
Total current liabilities207,569233,264
Income taxes payable5,1665,166
Long-term debt616,500511,500
Operating lease liabilities65,47366,797
Other non-current liabilities10,6777,955
Total liabilities905,385824,682
Commitments and contingencies (Note L)
Shareholders' equity:  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding00
Common stock, $0.01 par value; 85,000,000 shares authorized; 57,868,725 and 56,961,665 shares issued and outstanding at March 29, 2024 and June 30, 2023, respectively579570
Additional paid-in capital1,230,6661,196,847
Retained earnings230,576357,439
Accumulated other comprehensive income10,97211,829
Total shareholders’ equity1,472,7931,566,685
Total liabilities and shareholders’ equity$ 2,378,178$ 2,391,367
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 storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. The company was incorporated in 1981 and is headquartered in Andover, Massachusetts.
 CEO
 WEBSITEmrcy.com
 INDUSTRYAerospace & Defense
 EMPLOYEES2596

Mercury Systems Inc Frequently Asked Questions


What is the ticker symbol for Mercury Systems Inc? What does MRCY stand for in stocks?

MRCY is the stock ticker symbol of Mercury Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mercury Systems Inc (MRCY)?

As of Fri May 17 2024, market cap of Mercury Systems Inc is 1.88 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MRCY stock?

You can check MRCY's fair value in chart for subscribers.

What is the fair value of MRCY stock?

You can check MRCY's fair value in chart for subscribers. The fair value of Mercury Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mercury Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MRCY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mercury Systems Inc a good stock to buy?

The fair value guage provides a quick view whether MRCY is over valued or under valued. Whether Mercury Systems Inc is cheap or expensive depends on the assumptions which impact Mercury Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MRCY.

What is Mercury Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MRCY's PE ratio (Price to Earnings) is -13.9 and Price to Sales (PS) ratio is 2.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MRCY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mercury Systems Inc's stock?

In the past 10 years, Mercury Systems Inc has provided 0.102 (multiply by 100 for percentage) rate of return.