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
Phone801-584-3600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$851.10 million
Profitability
Miscellaneous
Employees2,600
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
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) posted its earnings results on Tuesday, August, 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The company had revenue of $215.40 million for the quarter, compared to analysts' expectations of $221.64 million. Myriad Genetics had a return on equity of 9.09% and a net margin of 0.54%. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. View Myriad Genetics' Earnings History.
When is Myriad Genetics' next earnings date?
What guidance has Myriad Genetics issued on next quarter's earnings?
Myriad Genetics updated its FY20 earnings guidance on Tuesday, August, 13th. The company provided EPS guidance of $1.80-1.90 for the period, compared to the Thomson Reuters consensus estimate of $1.94. The company issued revenue guidance of $865-875 million, compared to the consensus revenue estimate of $920.73 million.
What price target have analysts set for MYGN?
7 equities research analysts have issued twelve-month target prices for Myriad Genetics' shares. Their forecasts range from $22.00 to $40.00. On average, they anticipate Myriad Genetics' share price to reach $30.91 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Myriad Genetics.
What is the consensus analysts' recommendation for Myriad Genetics?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myriad Genetics in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Myriad Genetics.
Has Myriad Genetics been receiving favorable news coverage?
Headlines about MYGN stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Myriad Genetics earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Myriad Genetics.
Are investors shorting Myriad Genetics?
Myriad Genetics saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 11,910,000 shares, an increase of 14.2% from the August 30th total of 10,430,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is currently 8.5 days. Approximately 16.6% of the shares of the stock are sold short. View Myriad Genetics' Current Options Chain.
Who are some of Myriad Genetics' key competitors?
Some companies that are related to Myriad Genetics include IPSEN S A/S (IPSEY), Neogen (NEOG), Immunomedics (IMMU), Quidel (QDEL), Lantheus (LNTH), Heska (HSKA), Intellia Therapeutics (NTLA), Quotient (QTNT), Oxford Immunotec Global (OXFD), Meridian Bioscience (VIVO), Nymox Pharmaceutical (NYMX), Vermillion (VRML), ImmuCell (ICCC), Celldex Therapeutics (CLDX) and Riot Blockchain (RIOT).
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 many different of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%) and CHICAGO TRUST Co NA (0.01%). Company insiders that own Myriad Genetics stock include Alexander Ford, Bernard Tobin, Dennis Langer, Gary A King, Heinrich Dreismann, Jerry S Lanchbury, John T Henderson, Mark Christopher Capone, Ralph L Mcdade, Richard Bryan Riggsbee, Richard M Marsh and Walter Phd Gilbert. View Institutional Ownership Trends for Myriad Genetics.
Which major investors are buying Myriad Genetics stock?
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, Robinhood, Fidelity and Charles Schwab.
What is Myriad Genetics' stock price today?
One share of MYGN stock can currently be purchased for approximately $29.68.
How big of a company is Myriad Genetics?
Myriad Genetics has a market capitalization of $2.19 billion and generates $851.10 million in revenue each year. The company earns $4.60 million in net income (profit) each year or $1.29 on an earnings per share basis. Myriad Genetics employs 2,600 workers across the globe.View Additional Information About Myriad Genetics.
What is Myriad Genetics' official website?
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)
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.
