Myriad Genetics (MYGN) Stock Forecast, Price & News

Myriad Genetics (NASDAQ:MYGN) Frequently Asked Questions

Is Myriad Genetics a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Myriad Genetics in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Myriad Genetics stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MYGN, but not buy additional shares or sell existing shares.
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When is Myriad Genetics' next earnings date?

Myriad Genetics is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Myriad Genetics.

How were Myriad Genetics' earnings last quarter?

Myriad Genetics, Inc. (NASDAQ:MYGN) announced its quarterly earnings data on Thursday, May, 5th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.01. The company had revenue of $164.90 million for the quarter, compared to analyst estimates of $156.09 million. Myriad Genetics had a negative trailing twelve-month return on equity of 2.75% and a negative net margin of 1.20%. Myriad Genetics's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.16) earnings per share.
View Myriad Genetics' earnings history.

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

Myriad Genetics issued an update on its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of 0-$0.20 for the period, compared to the consensus estimate of $0.08. The company issued revenue guidance of $670.00 million-$700.00 million, compared to the consensus revenue estimate of $684.40 million.

What price target have analysts set for MYGN?

3 equities research analysts have issued 12 month price targets for Myriad Genetics' shares. Their forecasts range from $23.00 to $35.00. On average, they expect Myriad Genetics' stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price.
View analysts' price targets for Myriad Genetics or view top-rated stocks among Wall Street analysts.

Who are Myriad Genetics' key executives?

Myriad Genetics' management team includes the following people:

• Mr. Paul J. Diaz, CEO, Pres & Director (Age 60, Pay $2.92M)
• Mr. R. Bryan Riggsbee, Exec. VP, CFO & Treasurer (Age 51, Pay $934.49k)
• Ms. Nicole Lambert, COO & Pres of Myriad Genetic Laboratories (Age 48, Pay $825.23k) (LinkedIn Profile)
• Mr. Mark S. Verratti, Chief Commercial Officer (Age 54, Pay $723.29k)
• Dr. Kevin Richard Haas, Chief Technology Officer (Age 36)
• Dr. Dale Muzzey Ph.D., Chief Scientific Officer (Age 42)
• Mr. Scott Gleason, Sr. VP of Investor Relations (Age 43)
• Mr. Nathan Smith, Sr. VP of Investor Relations & Treasury
• Dr. Clivetty Martinez, Chief Compliance Officer
• Ms. Pamela Wong, Chief Legal Officer (Age 54)

What is Paul Diaz's approval rating as Myriad Genetics' CEO?

12 employees have rated Myriad Genetics CEO Paul Diaz on Glassdoor.com. Paul Diaz has an approval rating of 74% among Myriad Genetics' employees.

Who are some of Myriad Genetics' key competitors?

Some companies that are related to Myriad Genetics include Amgen (AMGN), Gilead Sciences (GILD), Regeneron Pharmaceuticals (REGN), Vertex Pharmaceuticals (VRTX), Biogen (BIIB), Seagen (SGEN), Incyte (INCY), Alnylam Pharmaceuticals (ALNY), BioMarin Pharmaceutical (BMRN), Exact Sciences (EXAS), United Therapeutics (UTHR), Repligen (RGEN), Neurocrine Biosciences (NBIX), Halozyme Therapeutics (HALO) and Exelixis (EXEL).
View all of MYGN's competitors.

What other stocks do shareholders of Myriad Genetics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Myriad Genetics investors own include Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Gilead Sciences (GILD), BioMarin Pharmaceutical (BMRN), Incyte (INCY), Puma Biotechnology (PBYI), AT&T (T), Alibaba Group (BABA) and Kratos Defense & Security Solutions (KTOS).

What is Myriad Genetics' stock symbol?

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

Who are Myriad Genetics' major shareholders?

Myriad Genetics' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (18.42%), Vanguard Group Inc. (11.17%), Earnest Partners LLC (7.81%), Wellington Management Group LLP (6.34%), State Street Corp (5.22%) and Dimensional Fund Advisors LP (3.19%). Company insiders that own Myriad Genetics stock include Alexander Ford, Daniel K Spiegelman, Dennis Langer, Jayne B Hart, Jerry S Lanchbury, Jerry S Lanchbury, Nicole Lambert, Paul Parkinson, Richard Bryan Riggsbee and S Louise Phanstiel.
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 Goldman Sachs Group Inc., State Street Corp, Vanguard Group Inc., Invesco Ltd., Prudential Financial Inc., Citigroup Inc., Dimensional Fund Advisors LP, and First Trust Advisors LP. Company insiders that have sold Myriad Genetics company stock in the last year include Daniel K Spiegelman, Dennis Langer, Jayne B Hart, Jerry S Lanchbury, Nicole Lambert, Richard Bryan Riggsbee, and S Louise Phanstiel.
View insider buying and selling activity for Myriad Genetics or view top insider-selling stocks.

Which major investors are buying Myriad Genetics stock?

MYGN stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Polar Asset Management Partners Inc., BlackRock Inc., Sei Investments Co., Pinz Capital Management LP, JPMorgan Chase & Co., Renaissance Technologies LLC, and Glenview Capital Management LLC.
View insider buying and selling activity for Myriad Genetics or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Myriad Genetics' stock price today?

One share of MYGN stock can currently be purchased for approximately $21.97.

How much money does Myriad Genetics make?

Myriad Genetics has a market capitalization of $1.77 billion and generates $690.60 million in revenue each year. The company earns $-27.20 million in net income (profit) each year or ($0.12) on an earnings per share basis.

How many employees does Myriad Genetics have?

Myriad Genetics employs 2,400 workers across the globe.

Does Myriad Genetics have any subsidiaries?

The following companies are subsidiares of Myriad Genetics: Assurex Health Inc., Crescendo Bioscience LLC, Javelin Pharmaceuticals, Myriad Autoimmune, Myriad Genetic Laboratories Inc., Myriad Genetics B.V., Myriad Genetics Espana SL, Myriad Genetics GK, Myriad Genetics S.r.l., Myriad Neuroscience, Myriad Women’s Health, Myriad Women’s Health Inc, NaturNorth Technologies, Privatklinik Dr. Robert Schindlbeck, Rules-Based Medicine, and Sividon Diagnostics.

When was Myriad Genetics founded?

Myriad Genetics was founded in 1991.

What is Myriad Genetics' official website?

The official website for Myriad Genetics is 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, via email at [email protected], or via fax at 801-584-3640.