Myriad Genetics Stock Price, News & Analysis (NASDAQ:MYGN)

$27.30
-0.67 (-2.40 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$26.62
Now: $27.30
$27.9425
50-Day Range
$22.3212
MA: $30.28
$47.08
52-Week Range
$22.04
Now: $27.30
$48.77
Volume1.53 million shs
Average Volume876,405 shs
Market Capitalization$2.02 billion
P/E Ratio21.16
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$2.2845 per share
Book Value$14.84 per share

Profitability

Net Income$4.60 million

Miscellaneous

Employees2,600
Market Cap$2.02 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) issued its quarterly earnings data on Tuesday, August, 13th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.01. The business earned $215.40 million during the quarter, compared to analyst estimates of $221.64 million. Myriad Genetics had a net margin of 0.54% and a return on equity of 9.09%. The company's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business earned $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 earnings per share guidance of $1.80-1.90 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued 1 year price objectives for Myriad Genetics' shares. Their forecasts range from $22.00 to $54.00. On average, they anticipate Myriad Genetics' stock price to reach $34.6229 in the next twelve months. This suggests a possible upside of 26.8% 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 coverage about MYGN stock has been trending somewhat negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Myriad Genetics earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. 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. (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 institutional 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 institutional investors are buying Myriad Genetics stock?

MYGN stock was bought 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 $27.30.

How big of a company is Myriad Genetics?

Myriad Genetics has a market capitalization of $2.02 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:  674 (Vote Underperform)
Total Votes:  1,086
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 9/21/2019 by MarketBeat.com Staff

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