NASDAQ:MYGN - Myriad Genetics Stock Price, News, & Analysis

$24.19
-0.57 (-2.30 %)
(As of 06/19/2019 01:27 AM ET)
Today's Range
$24.05
Now: $24.19
$25.51
50-Day Range
$23.59
MA: $26.51
$34.57
52-Week Range
$23.08
Now: $24.19
$50.44
Volume565,690 shs
Average Volume941,924 shs
Market Capitalization$1.77 billion
P/E Ratio20.16
Dividend YieldN/A
Beta0.79
Myriad Genetics, Inc, a molecular diagnostic company, focuses on developing and marketing novel predictive medicine, personalized medicine, and prognostic medicine tests worldwide. The company offers molecular diagnostic tests, including myRisk Hereditary Cancer, a DNA sequencing test for hereditary cancers; BRACAnalysis, a DNA sequencing test to assess the risk of developing breast and ovarian cancer; BRACAnalysis CDx, a DNA sequencing test for use as a companion diagnostic with the platinum based chemotherapy agents and poly ADP ribose inhibitor Lynparza; riskScore, a clinically validated personalized medicine tool; GeneSight, a DNA genotyping test to optimize psychotropic drug selection for neuroscience patients; and Tumor BRACAnalysis CDx, a DNA sequencing test that is designed to be utilized to predict response to DNA damaging agents. Read More…

Industry, Sector and Symbol

Industry Diagnostic substances
Sub-IndustryBiotechnology
SectorMedical
Current SymbolNASDAQ:MYGN
CUSIP62855J10
Phone801-584-3600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$772.60 million
Cash Flow$1.9992 per share
Book Value$13.62 per share

Profitability

Net Income$131.10 million

Miscellaneous

Employees2,400
Market Cap$1.77 billion
Next Earnings Date8/20/2019 (Estimated)
OptionableOptionable

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Myriad Genetics (NASDAQ:MYGN) Frequently Asked Questions

What is Myriad Genetics' stock symbol?

Myriad Genetics trades on the NASDAQ under the ticker symbol "MYGN."

How were Myriad Genetics' earnings last quarter?

Myriad Genetics, Inc. (NASDAQ:MYGN) released its quarterly earnings results on Tuesday, May, 7th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.04. The business earned $216.60 million during the quarter, compared to analyst estimates of $217.76 million. Myriad Genetics had a net margin of 2.62% and a return on equity of 9.82%. The company's revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the company posted $0.34 earnings per share. View Myriad Genetics' Earnings History.

When is Myriad Genetics' next earnings date?

Myriad Genetics is scheduled to release their next quarterly earnings announcement on Tuesday, August 20th 2019. View Earnings Estimates for Myriad Genetics.

What guidance has Myriad Genetics issued on next quarter's earnings?

Myriad Genetics updated its FY19 earnings guidance on Tuesday, May, 7th. The company provided EPS guidance of $1.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.74. The company issued revenue guidance of $856 million, compared to the consensus revenue estimate of $862.24 million.Myriad Genetics also updated its FY 2019 guidance to $1.74-1.74 EPS.

What price target have analysts set for MYGN?

9 brokerages have issued 12-month price targets for Myriad Genetics' shares. Their predictions range from $20.00 to $54.00. On average, they expect Myriad Genetics' share price to reach $40.09 in the next year. This suggests a possible upside of 65.7% from the stock's current price. View Analyst Price Targets for Myriad Genetics.

What is the consensus analysts' recommendation for Myriad Genetics?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myriad Genetics in the last year. There are currently 2 sell ratings, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Myriad Genetics.

Has Myriad Genetics been receiving favorable news coverage?

Media headlines about MYGN stock have been trending somewhat positive on Wednesday, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Myriad Genetics earned a news impact score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Myriad Genetics.

Who are some of Myriad Genetics' key competitors?

What other stocks do shareholders of Myriad Genetics own?

Who are Myriad Genetics' key executives?

Myriad Genetics' management team includes the folowing people:
  • Mr. Mark Christopher Capone, CEO, Pres & Director (Age 57)
  • Mr. R. Bryan Riggsbee, Exec. VP, CFO & Treasurer (Age 48)
  • Dr. Jerry S. Lanchbury, Chief Scientific Officer (Age 60)
  • Mr. Richard M. Marsh, Exec. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Alexander Ford, Pres of Myriad Women's Health (Age 52)

Who are Myriad Genetics' major shareholders?

Myriad Genetics' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.41%), Baillie Gifford & Co. (13.02%), Frontier Capital Management Co. LLC (4.59%), Acadian Asset Management LLC (2.06%), Rice Hall James & Associates LLC (1.24%) and Rothschild & Co. Asset Management US Inc. (1.13%). Company insiders that own Myriad Genetics stock include Alexander Ford, Dennis Langer, Gary A King, Heinrich Dreismann, Jerry S Lanchbury, John T Henderson, Mark Christopher Capone, Ralph L Mcdade, Richard M Marsh and Walter Phd Gilbert. View Institutional Ownership Trends for Myriad Genetics.

Which major investors are selling Myriad Genetics stock?

MYGN stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Marshall Wace North America L.P., SG Americas Securities LLC, Parametric Portfolio Associates LLC, New York State Common Retirement Fund, Los Angeles Capital Management & Equity Research Inc. and Xact Kapitalforvaltning AB. Company insiders that have sold Myriad Genetics company stock in the last year include John T Henderson, Mark Christopher Capone, Ralph L Mcdade and Richard M Marsh. View Insider Buying and Selling for Myriad Genetics.

Which major investors are buying Myriad Genetics stock?

MYGN stock was acquired by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., Frontier Capital Management Co. LLC, Candriam Luxembourg S.C.A., Royce & Associates LP, Pictet Asset Management Ltd., Rice Hall James & Associates LLC, Tieton Capital Management LLC and Baillie Gifford & Co.. View Insider Buying and Selling for Myriad Genetics.

How do I buy shares of Myriad Genetics?

Shares of MYGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Myriad Genetics' stock price today?

One share of MYGN stock can currently be purchased for approximately $24.19.

How big of a company is Myriad Genetics?

Myriad Genetics has a market capitalization of $1.77 billion and generates $772.60 million in revenue each year. The company earns $131.10 million in net income (profit) each year or $1.20 on an earnings per share basis. Myriad Genetics employs 2,400 workers across the globe.View Additional Information About Myriad Genetics.

What is Myriad Genetics' official website?

The official website for Myriad Genetics is http://www.myriad.com/.

How can I contact Myriad Genetics?

Myriad Genetics' mailing address is 320 WAKARA WAY, SALT LAKE CITY UT, 84108. The company can be reached via phone at 801-584-3600 or via email at [email protected]


MarketBeat Community Rating for Myriad Genetics (NASDAQ MYGN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  403 (Thanks for Voting!)
Underperform Votes:  642 (Thanks for Voting!)
Total Votes:  1,045
MarketBeat's community ratings are surveys of what our community members think about Myriad Genetics and other stocks. Vote "Outperform" if you believe MYGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2019 by MarketBeat.com Staff

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