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MRCY

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

28.50USD+1.06 (+3.86%)Market Closed

Market Summary

MRCY
USD28.50+1.06
Market Closed
3.86%

MRCY Stock Price

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MRCY RSI Chart

MRCY Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-19.82

Price/Sales (Trailing)

1.89

EV/EBITDA

-129.84

Price/Free Cashflow

-91.56

MRCY Price/Sales (Trailing)

MRCY Profitability

Operating Margin

26.78%

EBT Margin

-14.92%

Return on Equity

-5.67%

Return on Assets

-3.5%

Free Cashflow Yield

-1.09%

MRCY Fundamentals

MRCY Revenue

Revenue (TTM)

895.2M

Rev. Growth (Yr)

-13.99%

Rev. Growth (Qtr)

9.1%

MRCY Earnings

Earnings (TTM)

-85.4M

Earnings Growth (Yr)

-317.41%

Earnings Growth (Qtr)

-24.17%

Breaking Down MRCY Revenue

Last 7 days

3.8%

Last 30 days

4.0%

Last 90 days

-7.8%

Trailing 12 Months

-39.7%

How does MRCY drawdown profile look like?

MRCY Financial Health

Current Ratio

4.36

MRCY Investor Care

Shares Dilution (1Y)

2.17%

Diluted EPS (TTM)

-1.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
GRUFITY'S FAIR VALUE MODEL

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PurpleZone


Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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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
Apr 23, 2024
Global Retirement Partners, LLC
sold off
-100
-636
-
-%
Apr 23, 2024
Hunter Perkins Capital Management, LLC
added
23.78
-1,000
599,000
0.12%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-0.77
-190,427
764,050
0.01%
Apr 23, 2024
LaFleur & Godfrey LLC
reduced
-58.89
-2,244,380
1,113,480
0.16%
Apr 23, 2024
AMALGAMATED BANK
reduced
-18.93
-280,000
529,000
-%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-3.05
-8,871
31,831
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-39.42
-2,003,870
1,915,250
-%
Apr 22, 2024
MetLife Investment Management, LLC
added
6.21
1,720
38,179
-%
Apr 22, 2024
Byrne Asset Management LLC
sold off
-100
-14,508
-
-%
Apr 19, 2024
State of Alaska, Department of Revenue
reduced
-0.83
-235,000
938,000
0.01%

1–10 of 49

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
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
Feb 20, 2024
4
Insider Trading
Feb 20, 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
103.6B
76.4B
-14.14% -18.72%
-48.17
1.36
8.37% 47.92%
77.1B
43.1B
0.75% 26.18%
22.79
1.79
8.09% -0.18%
39.5B
19.4B
-1.93% 4.15%
32.16
2.03
13.81% 15.54%
28.3B
3.2B
7.65% 21.96%
66.65
8.74
38.68% 18.86%
26.6B
6.6B
-3.92% 50.55%
34.71
4
17.25% 63.11%
22.8B
1.6B
-4.14% 36.93%
130.7
14.57
31.38% 18.41%
10.9B
11.5B
-5.11% 33.70%
16.04
0.95
7.29% 17.62%
MID-CAP
9.7B
2.8B
1.33% 46.53%
27.25
3.39
11.28% 20.44%
8.6B
2.5B
-7.25% 48.60%
34.95
3.44
11.80% 3.22%
4.4B
705.8M
3.85% 56.47%
-41.6
6.3
44.89% -1159.76%
SMALL-CAP
792.4M
757.0M
8.96% 6.77%
49.75
1.05
6.24% -44.67%
348.0M
6.8M
-35.56% -72.47%
-0.69
51.18
194.12% -0.44%
115.8M
37.6M
-6.62% 3.76%
18.13
3.08
36.42% 25.49%
76.8M
642.5K
21.38% -14.02%
32.58
106.77
-97.11% -47.43%
15.7M
2.0M
4.77% -12.27%
-1.53
7.89
371.33% -13.01%

Mercury Systems Inc News

Latest updates
MarketBeat • 19 Apr 2024 • 07:17 am

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue9.1%197181253263230228290253220225251257211206217208194177177175159
Cost Of Revenue27.2%16613018617314914917015313313714815112211812111510599.0097.0010188.00
Gross Profit-37.6%32.0051.0067.0090.0081.0078.0012010087.0088.0010310689.0088.0097.0093.0089.0078.0080.0074.0071.00
Operating Expenses-5.8%85.0091.0076.0088.0089.0085.0092.0090.0088.0094.0080.0084.0071.0069.0070.0067.0068.0061.0059.0052.0051.00
  S&GA Expenses24.2%44.0036.0032.0045.0045.0039.0044.0039.0037.0037.0032.0038.0032.0033.0035.0034.0033.0030.0031.0027.0028.00
  R&D Expenses-10.7%28.0032.0028.0027.0027.0028.0025.0025.0028.0029.0028.0030.0028.0027.0027.0025.0025.0022.0020.0017.0016.00
EBITDA Margin-129.0%-0.01*0.05*0.08*0.11*0.11*0.12*0.12*0.12*0.13*0.14*0.16*0.16*---------
Interest Expenses10.3%9.008.007.007.007.005.002.002.001.001.001.001.000.00-1.000.00--2.002.002.00
Income Taxes-39.3%-18.14-13.03-6.59-10.45-2.15-1.026.002.00-0.15-0.443.005.004.002.00-0.235.005.00-2.02-0.225.004.00
Earnings Before Taxes-28.1%-63.72-49.73-14.82-5.29-13.07-15.3623.006.00-2.79-7.5821.0021.0017.0018.0027.0029.0021.0017.0013.0019.0017.00
EBT Margin-66.9%-0.15*-0.09*-0.05*-0.01*0.00*0.01*0.02*0.02*0.03*0.05*0.08*0.09*---------
Net Income-24.2%-45.58-36.71-8.245.00-10.92-14.3317.004.00-2.64-7.1418.0016.0013.0016.0027.0024.0016.0019.0013.0014.0012.00
Net Income Margin-74.4%-0.10*-0.05*-0.03*0.00*0.00*0.00*0.01*0.01*0.02*0.04*0.07*0.08*---------
Free Cashflow179.7%38.00-47.084.00-12.6622.00-73.37-27.61-10.32-1.20-7.3816.0013.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.5%2,4362,4012,3912,3842,3482,3492,3042,2602,2311,9651,9551,9031,9491,6531,6111,7721,5131,4741,4171,2121,157
  Current Assets3.0%984955937938897879815755709662643627646677635795545503582425399
    Cash Equivalents88.7%16989.0072.0064.0077.0052.0066.0092.0010596.0011412217123922740718216125811394.00
  Inventory-2.4%354363337343312288270260251234222227218206178162154149137132126
  Net PPE-2.4%11411712011912212612712612712912912812595.0088.0079.0073.0066.0060.0056.0053.00
  Goodwill0%93893893893893893893893894280580578314861461461561553.00562544-
Liabilities8.4%932860825823804810767759744486471449519245226422196179132400361
  Current Liabilities9.9%22620523322020118219418316416715116321214712612210894.0098.0094.0093.00
Shareholder's Equity-2.4%1,5041,5411,5671,5611,5441,5391,5371,5001,4871,4791,4841,4541,4311,4081,3851,3491,3171,2951,285812796
  Retained Earnings-14.2%275321357366361371386369365367374357341328312285262246227214200
  Additional Paid-In Capital1.2%1,2201,2061,1971,1871,1731,1571,1451,1311,1221,1121,1091,1001,0931,0821,0751,0651,0561,0501,059599595
Shares Outstanding0.5%58.0057.0057.0057.0056.0056.0056.0055.0055.0055.0055.0055.00---------
Float-----2,600---3,100---4,800---3,900---2,300
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations216.4%45,494-39,06812,610-3,21735,392-66,039-19,435-4,2526,824-2,00627,19423,18523,93922,92928,72630,08232,06624,31025,96926,21825,301
  Share Based Compensation79.4%7,3864,1173079,93910,2587,24912,0318,8877,8489,5276,4257,4117,2707,1847,5346,8146,5315,6594,5864,8735,284
Cashflow From Investing0.3%-7,990-8,015-8,761-9,398-13,124-7,278-8,375-6,055-251,276-8,614-78,454-71,581-255,874-10,978-11,506-6,559-11,324-106,097-54,383-43,560-5,831
Cashflow From Financing-36.6%41,21765,0003,099-2,39359,9372,116-2,879253,833-7,31643,09611.00163,186-64.00-197,645201,647-375-14,559173,87335,9981,557
  Buy Backs-15.00----63.004902171837,316---66.0056674637514,562535501120

MRCY Income Statement

2023-12-29
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Dec. 29, 2023
Dec. 30, 2022
Income Statement [Abstract]    
Net revenues$ 197,463$ 229,588$ 378,454$ 457,167
Cost of revenues165,943148,628296,407298,112
Gross margin31,52080,96082,047159,055
Operating expenses:    
Selling, general and administrative44,47045,05780,26484,000
Research and development28,47626,90660,34854,672
Amortization of intangible assets12,27013,53624,81728,110
Restructuring and other charges22,0699,5483,577
Acquisition costs and other related expenses2319391,2003,437
Total operating expenses85,44988,507176,177173,796
Loss from operations(53,929)(7,547)(94,130)(14,741)
Interest income29220132249
Interest expense(8,674)(6,590)(16,537)(11,137)
Other (expense) income, net(1,148)846(2,922)(2,799)
Loss before income tax benefit(63,722)(13,071)(113,457)(28,428)
Income tax benefit(18,141)(2,151)(31,168)(3,173)
Net loss$ (45,581)$ (10,920)$ (82,289)$ (25,255)
Basic net loss per share (in dollars per share)$ (0.79)$ (0.19)$ (1.44)$ (0.45)
Diluted net loss per share (in dollars per share)$ (0.79)$ (0.19)$ (1.44)$ (0.45)
Weighted-average shares outstanding:    
Basic (in shares)57,42456,25257,31456,126
Diluted (in shares)57,42456,25257,31456,126
Comprehensive loss:    
Net loss$ (45,581)$ (10,920)$ (82,289)$ (25,255)
Change in fair value of derivative instruments, net of tax(5,864)(458)(4,122)3,962
Foreign currency translation adjustments409(35)829394
Pension benefit plan, net of tax(57)48(113)96
Total other comprehensive (loss) income, net of tax(5,512)(445)(3,406)4,452
Total comprehensive loss$ (51,093)$ (11,365)$ (85,695)$ (20,803)

MRCY Balance Sheet

2023-12-29
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 168,646$ 71,563
Accounts receivable, net of allowance for credit losses of $737 and $1,335 at December 29, 2023 and June 30, 2023, respectively82,737124,729
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $2,313 and $0 at December 29, 2023 and June 30, 2023, respectively351,003382,558
Inventory354,212337,216
Prepaid income taxes5,7530
Prepaid expenses and other current assets21,47020,952
Total current assets983,821937,018
Property and equipment, net114,361119,554
Goodwill938,093938,093
Intangible assets, net273,309298,051
Operating lease right-of-use assets, net65,65763,015
Deferred tax asset55,42627,099
Other non-current assets5,5858,537
Total assets2,436,2522,391,367
Current liabilities:  
Accounts payable88,060103,986
Accrued expenses31,48428,423
Accrued compensation25,13330,419
Income taxes payable013,874
Deferred revenues and customer advances81,04456,562
Total current liabilities225,721233,264
Income taxes payable5,1665,166
Long-term debt616,500511,500
Operating lease liabilities68,25266,797
Other non-current liabilities16,1217,955
Total liabilities931,760824,682
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, $0.01 par value; 85,000,000 shares authorized; 57,563,733 and 56,961,665 shares issued and outstanding at December 29, 2023 and June 30, 2023, respectively576570
Additional paid-in capital1,220,3431,196,847
Retained earnings275,150357,439
Accumulated other comprehensive income8,42311,829
Total shareholders’ equity1,504,4921,566,685
Total liabilities and shareholders’ equity$ 2,436,252$ 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 Wed Apr 24 2024, market cap of Mercury Systems Inc is 1.69 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 Wed Apr 24 2024, MRCY's PE ratio (Price to Earnings) is -19.82 and Price to Sales (PS) ratio is 1.89. 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 0.078 (multiply by 100 for percentage) rate of return.