NASDAQ:MYL - Mylan Stock Price, Forecast & News

Mylan's stock was trading at $14.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MYL stock has increased by 3.0% and is now trading at $14.91. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mylan in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mylan.

Mylan is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Mylan.

Mylan NV (NASDAQ:MYL) announced its earnings results on Thursday, February, 27th. The company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.12. The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.22 billion. Mylan had a net margin of 0.15% and a return on equity of 19.35%. The company's revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.30 EPS. View Mylan's earnings history.

Mylan updated its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $11.5-12.5 billion, compared to the consensus revenue estimate of $11.92 billion.

15 analysts have issued 1-year price objectives for Mylan's stock. Their forecasts range from $18.00 to $36.00. On average, they expect Mylan's share price to reach $25.89 in the next twelve months. This suggests a possible upside of 73.7% from the stock's current price. View analysts' price targets for Mylan.

News headlines about MYL stock have trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mylan earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMylan.

Mylan saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 21,509,300 shares, an increase of 6.5% from the February 27th total of 20,200,000 shares. Based on an average daily trading volume, of 9,380,800 shares, the short-interest ratio is currently 2.3 days. Approximately 4.2% of the company's shares are short sold. View Mylan's Current Options Chain.

Some companies that are related to Mylan include Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Pfizer (PFE), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), AbbVie (ABBV), Allergan (AGN), Zoetis (ZTS), Perrigo (PRGO), Jazz Pharmaceuticals (JAZZ), Horizon Therapeutics (HZNP), Nektar Therapeutics (NKTR), Pacira Biosciences (PCRX), Corcept Therapeutics (CORT) and Zogenix (ZGNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mylan investors own include Gilead Sciences (GILD), Alibaba Group (BABA), Teva Pharmaceutical Industries (TEVA), Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Starbucks (SBUX), Allergan (AGN), Pfizer (PFE) and General Electric (GE).

Mylan trades on the NASDAQ under the ticker symbol "MYL."

Shares of MYL 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.

One share of MYL stock can currently be purchased for approximately $14.91.

Mylan has a market capitalization of $7.70 billion and generates $11.50 billion in revenue each year. The company earns $16.80 million in net income (profit) each year or $4.42 on an earnings per share basis. Mylan employs 35,000 workers across the globe. View additional information about Mylan.

The official website for Mylan is http://www.mylan.com/.

Mylan's mailing address is 1000 MYLAN BOULEVARD, CANONSBURG PA, 15317. The company can be reached via phone at 724-514-1800 or via email at [email protected]