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

$28.79
+0.99 (+3.56 %)
(As of 09/19/2019 01:39 PM ET)
Today's Range
$27.55
Now: $28.79
$28.90
50-Day Range
$22.3212
MA: $30.34
$47.08
52-Week Range
$22.04
Now: $28.79
$48.77
Volume24,627 shs
Average Volume856,218 shs
Market Capitalization$2.13 billion
P/E Ratio22.39
Dividend YieldN/A
Beta0.88
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$851.10 million
Cash Flow$2.3502 per share
Book Value$14.84 per share

Profitability

Net Income$4.60 million

Miscellaneous

Employees2,600
Market Cap$2.13 billion
Next Earnings Date11/5/2019 (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) posted its quarterly earnings data on Tuesday, August, 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.01. The firm earned $215.40 million during the quarter, compared to the consensus estimate of $221.64 million. Myriad Genetics had a net margin of 0.54% and a return on equity of 9.09%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 EPS. 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, November 5th 2019. View Earnings Estimates for Myriad Genetics.

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

Myriad Genetics issued an update on 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 earnings per share 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?

8 brokers have issued 12 month price targets for Myriad Genetics' stock. Their predictions range from $22.00 to $54.00. On average, they expect Myriad Genetics' share price to reach $34.6229 in the next year. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Myriad Genetics.

What is the consensus analysts' recommendation for Myriad Genetics?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myriad Genetics in the last year. There are currently 1 sell rating, 6 hold ratings and 1 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?

News articles about MYGN stock have been trending negative on Thursday, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Myriad Genetics earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.08%), BlackRock Inc. (16.97%), Baillie Gifford & Co. (12.99%), Vanguard Group Inc. (11.34%), D. E. Shaw & Co. Inc. (4.53%) and Invesco Ltd. (2.53%). 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 selling Myriad Genetics stock?

MYGN stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Vanguard Group Inc., Acadian Asset Management LLC, Parametric Portfolio Associates LLC, Prudential Financial Inc., Russell Investments Group Ltd., Rice Hall James & Associates LLC and AQR Capital Management LLC. Company insiders that have sold Myriad Genetics company stock in the last year include Bernard Tobin, Gary A King, Ralph L Mcdade and Richard Bryan Riggsbee. View Insider Buying and Selling for Myriad Genetics.

Which major investors are buying Myriad Genetics stock?

MYGN stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Point72 Asset Management L.P., Morgan Stanley, Invesco Ltd., Global Alpha Capital Management Ltd. and Marshall Wace LLP. 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, Robinhood, Fidelity and Charles Schwab.

What is Myriad Genetics' stock price today?

One share of MYGN stock can currently be purchased for approximately $28.79.

How big of a company is Myriad Genetics?

Myriad Genetics has a market capitalization of $2.13 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?

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:  412 (Vote Outperform)
Underperform Votes:  673 (Vote Underperform)
Total Votes:  1,085
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 9/19/2019 by MarketBeat.com Staff

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