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MRCY

47.35USD-1.90(-3.86%)Market Closed

Mercury Systems Inc

Market Summary

USD47.35-1.90Market Closed
-3.86%

MRCY Alerts

MRCY Stock Price

RSI Chart

Valuation

Market Cap

2.8B

Price/Earnings

251.27

Price/Sales

2.87

Price/Cashflow

-150.14

MarketCap/EBT

154.01

Price/Sales

Profitability

Operating Margin

39.97%

EBT Margin

1.86%

Return on Equity

0.73%

Return on Assets

0.49%

Fundamentals

Revenue

Revenue (TTM)

990.8M

Revenue Y/Y

1.14%

Revenue Q/Q

-21.45%

Earnings

Earnings (TTM)

4.1M

Earnings Y/Y

-100.77%

Earnings Q/Q

-184.75%

Price Action

52 Week Range

40.4872.28
(Low)(High)

Last 7 days

-6.8%

Last 30 days

-3.6%

Last 90 days

-1.8%

Trailing 12 Months

-1.9%

Financial Health

Current Ratio

4.2

Investor Care

Shares Dilution (1Y)

2.36%

Diluted EPS (TTM)

0.06

Peers (Alternatives to Mercury Systems)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
127.1B
64.7B
-0.34% 44.03%
21.65
1.96
-2.45% -3.12%
85.4B
61.4B
19.46% -13.74%
-10.12
1.39
-2.19% 0.41%
84.5B
35.2B
-3.92% 50.45%
15.28
2.4
-5.46% 19.48%
68.8B
38.8B
-0.09% 32.45%
20.55
1.77
0.49% 1.30%
31.5B
5.4B
4.22% 7.98%
38.99
6.07
13.15% 27.35%
10.3B
10.3B
-10.57% 27.73%
17.57
1
7.03% -21.79%
MID-CAP
8.9B
2.1B
-3.15% 15.04%
26.19
4.23
18.27% 21.41%
6.5B
2.5B
5.05% 38.26%
25.19
2.64
-0.10% 7.66%
2.8B
990.8M
-3.60% -1.87%
251.27
2.87
5.02% -89.57%
SMALL-CAP
1.7B
1.7B
1.82% -16.65%
34.81
0.96
-1.13% 700.00%
1.6B
1.8B
- 30.95%
17.55
0.87
6.13% 45.47%
968.0M
666.0M
-42.07% -46.89%
30.32
1.44
-7.39% 479.40%
599.0M
1.4B
21.15% -36.89%
-26.33
0.42
-17.24% 151.28%
246.3M
52.8M
14.37% 9.28%
32.29
4.67
10.72% 34.98%
20.0M
720.0K
-18.20% -59.86%
-2.4
23.01
160.18% -17.42%

Financials for Mercury Systems

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.3%991988949953943
Cost Of Revenue2.2%606593571569558
Gross Profit-2.6%385395378384385
Operating Expenses-2.4%355363352346329
  S&GA Expenses1.3%159157145144138
  R&D Expenses-1.0%106107110115115
Earnings Before Taxes-42.3%1118173252
Net Income-63.8%411122439
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.9%2,3492,3042,2602,2311,965
  Current Assets7.8%879815755709662
    Cash Equivalents-20.8%52669210596
  Inventory6.4%288270260251234
  Net PPE-1.0%126127126127129
  Goodwill0.0%938938938942805
Liabilities5.6%810767759744486
  Current Liabilities-6.1%182194183164167
Shareholder's Equity0.1%1,5391,5371,5001,4871,479
  Retained Earnings-3.7%371386369365367
  Additional Paid-In Capital1.0%1,1571,1451,1311,1221,112
Accumulated Depreciation-190----
Shares Outstanding0.9%5656565656
Float-3,100----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-339.4%-82.90-18.87285572
  Share Based Compensation-5.9%3638333131
Cashflow From Investing0.5%-272.98-274.32-344.40-409.92-414.52
Cashflow From Financing27.4%313246287290199
  Buy Backs-88.4%18877

Risks

What is the probability of a big loss on MRCY?

83.1%


Probability that Mercury Systems stock will be more than 20% underwater in next one year

49.2%


Probability that Mercury Systems stock will be more than 30% underwater in next one year.

16.9%


Probability that Mercury Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MRCY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Mercury Systems was unfortunately bought at previous high price.

Returns

Cumulative Returns on MRCY

18.3%


10-Year Cumulative Returns

13.5%


7-Year Cumulative Returns

-1.8%


5-Year Cumulative Returns

-13.5%


3-Year Cumulative Returns

What are the long-term rolling returns for MRCY?

FIve years rolling returns for Mercury Systems.

Which funds bought or sold MRCY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-82.52
-58,906
7,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
300,000
300,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.46
-1,616,000
2,731,000
-%
2022-11-21
FourThought Financial, LLC
SOLD OFF
-100
-1,000
-
-%
2022-11-17
M&T Bank Corp
ADDED
0.12
-820,000
1,403,000
0.01%
2022-11-16
Retirement Systems of Alabama
REDUCED
-0.62
-1,822,000
3,065,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-123,000
-
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-0.79
-256,000
429,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-191,000
326,000
-%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-22.34
-615,000
592,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying MRCY calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MRCY

Mercury Systems News

Yahoo Finance

Multiple Headwinds Dragged Mercury Systems (MRCY) Stock in the Third Quarter.2 days ago

GuruFocus.com

MRCY Fair Value

Mercury Systems fair value in different scenarios

The table shows the Fair Value estimates for Mercury Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

21.90

-53.75%

33.83

-28.55%

53.81

13.64%

72.30

52.69%

90.79

91.74%

Current Inflation

20.47

-56.77%

30.72

-35.12%

47.44

0.19%

63.19

33.45%

78.69

66.19%

Very High Inflation

18.73

-60.44%

27.03

-42.91%

40.08

-15.35%

52.69

11.28%

64.86

36.98%

Historical Mercury Systems Fair Value Estimates


Recent SEC filings of Mercury Systems

View All Filings
Date Filed Form Type Document
Nov 08, 2022
10-Q
Quarterly Report
Nov 08, 2022
S-8
Employee Benefits Plan
Nov 08, 2022
S-8 POS
Employee Benefits Plan
Nov 01, 2022
8-K
Current Report
Oct 31, 2022
8-K
Current Report
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading

Latest Insider Trading transactions for MRCY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-26
Krakauer Mary L
ACQUIRED
-
-
3,976
-
2022-10-26
Nearhos Barry R
ACQUIRED
-
-
3,976
-
2022-10-26
LANCE HOWARD L
ACQUIRED
-
-
3,976
-
2022-10-26
DISBROW LISA S
ACQUIRED
-
-
3,976
-
2022-10-26
Plunkett Debora A
ACQUIRED
-
-
3,976
-
2022-10-26
OBRIEN WILLIAM K
ACQUIRED
-
-
3,976
-
2022-10-26
Carvalho Orlando D
ACQUIRED
-
-
3,976
-
2022-10-26
Ballhaus William L
ACQUIRED
-
-
3,976
-
2022-10-15
Stevison James Mitch
SOLD
-72,519.4
42.8855
-1,691
EVP, Chief Growth Officer
2022-09-15
Huber Thomas
SOLD
-120,016
46.4457
-2,584
EVP Chief Transformation Offic

1–10 of 50

Mark Aslett
2380
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, and memory and storage devices; modules and sub-assemblies, such as embedded processing modules and boards, switch fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. The company 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. In addition, it designs, markets, and sells products intended to protect electronic systems that are critical to national security. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.

MRCY Income Statement

2022-09-30
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Income Statement [Abstract]  
Net revenues$ 227,579$ 225,013
Cost of revenues149,484136,604
Gross margin78,09588,409
Operating expenses:  
Selling, general and administrative38,94336,956
Research and development27,76628,882
Amortization of intangible assets14,57413,734
Restructuring and other charges1,50812,274
Acquisition costs and other related expenses2,4982,138
Total operating expenses85,28993,984
Loss from operations(7,194)(5,575)
Interest income299
Interest expense(4,547)(595)
Other expense, net(3,645)(1,420)
Loss before income taxes(15,357)(7,581)
Income tax benefit(1,022)(441)
Net loss$ (14,335)$ (7,140)
Basic net (loss) earnings per share (in dollars per share)$ (0.26)$ (0.13)
Diluted net (loss) earnings per share (in dollars per share)$ (0.26)$ (0.13)
Weighted-average shares outstanding:  
Basic (in shares)55,93155,376
Diluted (in shares)55,93155,376
Comprehensive loss:  
Net loss$ (14,335)$ (7,140)
Change in fair value of derivative instruments, net of tax4,4200
Foreign currency translation adjustments429244
Pension benefit plan, net of tax4848
Total other comprehensive income, net of tax4,897292
Total comprehensive loss$ (9,438)$ (6,848)

MRCY Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Jul. 01, 2022
Current assets:  
Cash and cash equivalents$ 51,981$ 65,654
Accounts receivable, net of allowance for credit losses of $2,058 and $2,074 at September 30, 2022 and July 1, 2022, respectively164,210144,494
Unbilled receivables and costs in excess of billings330,495303,356
Inventory287,578270,339
Prepaid income taxes9,7437,503
Prepaid expenses and other current assets34,79823,906
Total current assets878,805815,252
Property and equipment, net125,913127,191
Estimated goodwill937,884937,880
Intangible assets, net336,968351,538
Operating lease right-of-use assets, net63,73866,366
Other non-current assets5,7346,188
Total assets2,349,0422,304,415
Current liabilities:  
Accounts payable106,64598,673
Accrued expenses28,20434,954
Accrued compensation23,98944,813
Deferred revenues and customer advances23,16815,487
Total current liabilities182,006193,927
Deferred income taxes31,55232,398
Income taxes payable8,5919,112
Long-term debt511,500451,500
Operating lease liabilities67,26169,888
Other non-current liabilities9,20210,405
Total liabilities810,112767,230
Commitments and contingencies (Note N)
Shareholders' equity:  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding00
Common stock, $0.01 par value; 85,000,000 shares authorized; 56,180,255 and 55,679,747 shares issued and outstanding at September 30, 2022 and July 1, 2022, respectively562557
Additional paid-in capital1,156,5011,145,323
Retained earnings371,439385,774
Accumulated other comprehensive income10,4285,531
Total shareholders’ equity1,538,9301,537,185
Total liabilities and shareholders’ equity$ 2,349,042$ 2,304,415