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MYGN

MYGN - Myriad Genetics Inc Stock Price, Fair Value and News

25.30USD+0.69 (+2.80%)Market Closed

Market Summary

MYGN
USD25.30+0.69
Market Closed
2.80%

MYGN Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

MYGN Stock Price

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MYGN RSI Chart

MYGN Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

-9.76

Price/Sales (Trailing)

2.96

EV/EBITDA

-12.75

Price/Free Cashflow

-23.78

MYGN Price/Sales (Trailing)

MYGN Profitability

Operating Margin

81.10%

EBT Margin

-30.42%

Return on Equity

-30.87%

Return on Assets

-21.13%

Free Cashflow Yield

-4.21%

MYGN Fundamentals

MYGN Revenue

Revenue (TTM)

774.2M

Rev. Growth (Yr)

11.59%

Rev. Growth (Qtr)

2.85%

MYGN Earnings

Earnings (TTM)

-234.6M

Earnings Growth (Yr)

52.47%

Earnings Growth (Qtr)

16.67%

Breaking Down MYGN Revenue

Last 7 days

-0.7%

Last 30 days

35.7%

Last 90 days

8.8%

Trailing 12 Months

34.8%

How does MYGN drawdown profile look like?

MYGN Financial Health

Current Ratio

1.99

Debt/Equity

0.05

Debt/Cashflow

-2.49

MYGN Investor Care

Shares Dilution (1Y)

10.98%

Diluted EPS (TTM)

-2.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024774.2M000
2023694.7M698.9M734.4M753.2M
2022682.4M672.3M661.4M678.4M
2021566.1M662.3M684.4M690.6M
2020760.8M638.6M597.5M557.0M
2019829.6M851.1M835.1M813.4M
2018749.4M743.7M767.2M796.1M
2017743.5M769.9M769.8M761.0M
2016756.6M740.5M735.9M739.3M
2015721.9M722.5M737.2M746.1M
2014763.6M778.2M744.5M724.9M
2013572.0M613.2M682.2M737.1M
2012470.5M496.0M519.0M545.3M
2011388.6M402.1M420.7M443.0M
2010353.6M362.6M369.4M377.1M
20090326.5M335.6M344.6M

Tracking the Latest Insider Buys and Sells of Myriad Genetics Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 14, 2024
verratti mark
sold (taxes)
-21,035
19.55
-1,076
chief commercial officer
Apr 14, 2024
muzzey dale
sold (taxes)
-18,377
19.55
-940
chief scientific officer
Apr 06, 2024
munk natalie
sold (taxes)
-11,771
20.26
-581
chief accounting officer
Mar 25, 2024
munk natalie
sold (taxes)
-7,978
21.98
-363
chief accounting officer
Mar 24, 2024
diaz paul j
sold (taxes)
-1,019,080
22.24
-45,822
president and ceo
Mar 24, 2024
haas kevin richard
sold (taxes)
-64,273
22.24
-2,890
chief technology officer
Mar 24, 2024
muzzey dale
sold (taxes)
-20,972
22.24
-943
chief scientific officer
Mar 24, 2024
verratti mark
sold (taxes)
-72,168
22.24
-3,245
chief commercial officer
Mar 24, 2024
munk natalie
sold (taxes)
-21,817
22.24
-981
chief accounting officer
Mar 22, 2024
diaz paul j
sold (taxes)
-449,292
22.24
-20,202
president and ceo

1–10 of 50

Which funds bought or sold MYGN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Pineridge Advisors LLC
reduced
-77.54
-3,387
1,130
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
2.97
242,631
1,892,940
-%
May 16, 2024
COMERICA BANK
reduced
-3.45
119,716
1,705,240
0.01%
May 16, 2024
Tidal Investments LLC
new
-
606,170
606,170
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-44.61
-460,469
741,638
-%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
91.00
895
-%
May 15, 2024
PURA VIDA INVESTMENTS, LLC
reduced
-10.55
-3,463
953,537
0.16%
May 15, 2024
Point72 Asset Management, L.P.
new
-
16,591,100
16,591,100
0.04%
May 15, 2024
D. E. Shaw & Co., Inc.
reduced
-29.71
-7,483,470
26,993,500
0.02%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
reduced
-37.78
-167,998
379,368
-%

1–10 of 45

Are Funds Buying or Selling MYGN?

Are funds buying MYGN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MYGN
No. of Funds

Unveiling Myriad Genetics Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 01, 2024
integrated core strategies (us) llc
5.0%
4,544,150
SC 13G
Apr 25, 2024
integrated core strategies (us) llc
4.97%
4,493,261
SC 13G
Mar 18, 2024
millennium management llc
4.7%
4,262,021
SC 13G
Feb 14, 2024
camber capital management lp
8.5%
2,013
SC 13G/A
Feb 14, 2024
glenview capital management, llc
5.97%
5,283,982
SC 13G/A
Feb 13, 2024
vanguard group inc
11.12%
9,954,233
SC 13G/A
Feb 08, 2024
wellington management group llp
8.07%
7,219,706
SC 13G/A
Jan 24, 2024
state street corp
5.25%
4,700,631
SC 13G/A
Jan 23, 2024
integrated core strategies (us) llc
4.0%
3,559,497
SC 13G/A
Jan 22, 2024
blackrock inc.
16.6%
14,658,349
SC 13G/A

Recent SEC filings of Myriad Genetics Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
144
Notice of Insider Sale Intent
May 15, 2024
4
Insider Trading
May 15, 2024
4
Insider Trading
May 14, 2024
144
Notice of Insider Sale Intent
May 13, 2024
144
Notice of Insider Sale Intent
May 13, 2024
144
Notice of Insider Sale Intent
May 08, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
May 01, 2024
SC 13G
Major Ownership Report
Apr 25, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Myriad Genetics Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.9B
23.7B
11.04% 17.40%
44.73
8.29
-8.94% -35.91%
45.2B
6.7B
14.64% 19.44%
36.57
6.71
-2.81% -6.58%
44.9B
3.7B
13.71% 10.52%
51.83
12.06
8.57% 23.94%
16.0B
9.3B
13.66% 10.24%
18.95
1.73
-3.29% 6.68%
13.1B
1.2B
17.80% 114.36%
-35.76
10.81
39.26% 33.08%
12.2B
2.0B
2.71% 87.82%
38.94
6.2
25.57% 21.62%
11.4B
4.1B
-3.66% 11.24%
26.02
2.78
0.49% -11.59%
9.3B
2.5B
-20.33% -38.03%
-38.69
3.67
15.21% 53.51%
MID-CAP
3.1B
603.7M
54.73% -14.09%
-6.73
5.14
25.21% 30.68%
2.9B
929.2M
11.70% -18.80%
1.9K
3.16
28.93% 111.61%
SMALL-CAP
808.3M
275.1M
87.44% 103.94%
-4.41
2.94
-13.93% -126.97%
84.8M
31.1M
-3.25% -85.34%
-1.1
2.73
0.95% 19.75%
33.0M
9.2M
-24.07% -37.65%
-2.24
3.6
11.85% 45.80%
2.5M
5.5M
-62.31% 120.18%
-0.2
0.45
-68.52% -141.15%
183.8K
25.9M
-50.00% -94.83%
-0.01
0.01
-57.78% -93.11%

Myriad Genetics Inc News

Latest updates
Yahoo Finance16 May 202406:52 am
Zacks Investment Research07 May 202410:57 pm

Myriad Genetics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.8%202,200,000196,600,000191,900,000183,500,000181,200,000177,800,000156,400,000179,300,000164,900,000160,800,000167,300,000189,400,000173,100,000154,600,000145,200,00093,200,000164,000,000195,100,000186,300,000215,400,000216,600,000
Costs and Expenses0.9%230,100,000228,000,000252,000,000297,200,000233,400,000230,000,000201,400,000197,100,000190,500,000203,900,000247,200,000210,200,000219,800,000202,800,000184,800,000161,500,000297,700,000203,900,000207,200,000221,000,000210,700,000
  S&GA Expenses-2.6%140,600,000144,400,000136,100,000140,700,000151,700,000146,500,000130,500,000127,100,000110,600,00075,600,000180,600,000135,200,000146,400,000132,800,000124,100,000107,400,000132,900,000134,300,000135,500,000149,800,000140,600,000
  R&D Expenses18.6%24,900,00021,000,00024,000,00021,200,00022,500,00023,400,00020,500,00020,300,00021,200,00020,500,00018,800,00019,500,00023,100,00018,200,00017,600,00017,400,00019,700,00018,800,00021,300,00020,900,00021,500,000
EBITDA Margin14.0%-0.23-0.26-0.30-0.29-0.15-0.12-0.120.010.040.020.02-0.10---------
Interest Expenses-44.4%500,000900,0001,000,000500,000500,000900,000800,000600,000900,000500,0001,100,0002,000,0003,000,0002,900,0002,900,0003,100,0002,300,0002,500,0002,900,0003,200,0003,200,000
Income Taxes109.1%100,000-1,100,000100,000-2,100,000-9,800,000-9,100,000-3,800,000-5,900,000-35,900,00015,200,000900,000-10,100,000-12,500,000-28,500,000-3,000,000-15,900,000-3,100,000-1,700,000-3,400,000-3,600,000
Earnings Before Taxes19.8%-25,900,000-32,300,000-61,200,000-116,100,000-52,600,000-52,100,000-44,200,000-17,900,000-26,400,000-43,500,00039,800,000-3,800,000-49,600,000-50,400,000-43,700,000-58,500,000-131,100,000-11,400,000-22,300,000-7,700,0003,300,000
EBT Margin12.6%-0.30-0.35-0.38-0.38-0.24-0.21-0.20-0.07-0.05-0.08-0.09-0.22---------
Net Income16.7%-26,000,000-31,200,000-61,300,000-116,100,000-54,700,000-42,300,000-35,100,000-14,100,000-20,500,000-7,600,00024,600,000-4,700,000-39,500,000-37,900,000-15,200,000-55,400,000-115,200,000-8,300,000-20,600,000-4,200,0006,900,000
Net Income Margin13.3%-0.30-0.35-0.37-0.36-0.21-0.17-0.12-0.03-0.01-0.04-0.08-0.15---------
Free Cashflow66.0%-18,600,000-54,700,000-22,100,000-900,000-33,200,000-7,300,000-2,800,000-49,700,000-46,500,000-9,500,000-39,300,000-4,400,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.1%1,1111,1471,1491,1871,1691,1991,2121,2101,2551,3211,3361,3601,3371,4191,4451,4051,4471,5781,5911,5631,557
  Current Assets-7.4%290314265294262275352367427485499539329389395332355365330349343
    Cash Equivalents-20.1%10613276.0010354.0057.0010910416425729511814911711816412181.0090.0093.0085.00
  Inventory11.8%25.0022.0025.0023.0022.0020.0020.0015.0016.0015.0019.0018.0025.0027.0027.0029.0031.0028.0028.0031.0032.00
  Net PPE-0.4%11911912111296.0083.0068.0053.0046.0044.0043.0043.0045.0041.0037.0037.0037.0037.0055.0057.0059.00
  Goodwill-0.1%287287287287287287237238239239240240328329328328327408416417416
Liabilities-3.5%351363466452334313295263305353367458462538535486480501517474476
  Current Liabilities-6.3%146156209221143137129120166204203271149146134147113112115118109
  Long Term Debt0.5%39.0039.0039.0038.00--------154225225224225225225234263
    LT Debt, Non Current-100.0%-39.0039.0038.00---------225-------
Shareholder's Equity-3.0%7607836837358358869179479509689699028758819099189671,0771,0751,0891,082
  Retained Earnings-4.1%-655-629-598-537-420-366-323-288-274-254-246-271-266-227-189-173-118-3.305.0026.0030.00
  Additional Paid-In Capital0.2%1,4191,4161,2861,2771,2631,2601,2511,2441,2321,2261,2191,1771,1451,1101,1011,0971,0931,0851,0761,0681,057
Accumulated Depreciation-7.6%111120-------------------
Shares Outstanding0.7%91.0090.0082.0082.0082.0081.0081.0081.0080.0080.0080.0078.00---------
Minority Interest------------0.10-0.10-----0.00---0.10
Float----1,898---1,465---2,377---847-2,030---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations66.0%-18,600-54,700-22,100-900-33,200-7,300-2,800-49,700-46,500-9,500-39,300-4,40071,800-14,400-59,30030,00016,800-1,90015,80031,5006,600
  Share Based Compensation15.4%12,00010,40011,60011,2007,5008,2009,40010,40010,1008,40010,0008,9009,0006,5008,4001,9007,5007,0008,8008,8009,500
Cashflow From Investing40.8%-7,100-12,000-2,50011,80034,600-35,60011,400-12,000-41,300-25,900291,0001,1008,20010,90017,10010,35023,200-7,200-7,1004,500-3,800
Cashflow From Financing-107.2%-8,800121,900-2,50038,400-4,900-2,100-3,6002,500-4,800-1,100-74,500-26,500-48,5001,800-3,9009502001,100-12,300-27,800-9,400
  Buy Backs---------------------46,150
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MYGN Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Testing revenue$ 202.2$ 181.2
Costs and expenses:  
Cost of testing revenue64.659.2
Research and development expense24.922.5
Selling, general, and administrative expense140.6151.7
Total costs and expenses230.1233.4
Operating loss(27.9)(52.2)
Other income (expense):  
Interest income0.60.7
Interest expense(0.5)(0.5)
Other1.9(0.6)
Total other income (expense), net2.0(0.4)
Loss before income tax(25.9)(52.6)
Income tax expense0.12.1
Net loss$ (26.0)$ (54.7)
Net loss per share:  
Basic (dollars per share)$ (0.29)$ (0.67)
Diluted (dollars per share)$ (0.29)$ (0.67)
Weighted average shares outstanding:  
Basic (shares)89.981.3
Diluted (shares)89.981.3
Revenue from contract with customer, product and service, extensible enumerationTesting [Member]Testing [Member]
Cost, product and service, extensible enumerationTesting [Member]Testing [Member]

MYGN Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 96.9$ 132.1
Marketable investment securities7.48.8
Trade accounts receivable118.1114.3
Inventory24.622.0
Prepaid taxes18.417.0
Prepaid expenses and other current assets24.919.4
Total current assets290.3313.6
Operating lease right-of-use assets58.961.6
Property, plant, and equipment, net118.5119.0
Intangibles, net340.9349.5
Goodwill287.0287.4
Other assets14.915.4
Total assets1,110.51,146.5
Current liabilities:  
Accounts payable33.125.8
Accrued liabilities99.2113.9
Current maturities of operating lease liabilities13.816.2
Total current liabilities146.1155.9
Unrecognized tax benefits30.830.2
Long-term debt38.738.5
Noncurrent operating lease liabilities94.397.4
Other long-term liabilities40.641.3
Total liabilities350.5363.3
Commitments and contingencies
Stockholders’ equity:  
Common stock, 90.5 million and 89.9 million shares outstanding at March 31, 2024 and December 31, 2023, respectively0.90.9
Additional paid-in capital1,418.81,415.5
Accumulated other comprehensive loss(4.2)(3.7)
Accumulated deficit(655.5)(629.5)
Total stockholders' equity760.0783.2
Total liabilities and stockholders’ equity$ 1,110.5$ 1,146.5
MYGN
Myriad Genetics, Inc., a genetic testing and precision medicine company, develops genetic tests in the United States and internationally. The company offers molecular diagnostic tests for use in oncology, and women's and mental health applications. It also provides MyRisk Hereditary Cancer Test, a DNA sequencing test for assessing the risks for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic Test, a DNA sequencing test to help determine the therapy for patients with metastatic breast, ovarian, metastatic pancreatic, or metastatic prostate cancer with deleterious or suspected deleterious germline BRCA variants; and MyChoice CDx Companion Diagnostic Test, a tumor test that determines homologous recombination deficiency status in patients with ovarian cancer. In addition, the company offers Prolaris Prostate Cancer Prognostic Test, a RNA expression tumor analysis for assessing the aggressiveness of prostate cancer; EndoPredict Breast Cancer Prognostic Test, a RNA expression test for assessing the aggressiveness of breast cancer; Precise Tumor, a solution for precision oncology; and Prequel Prenatal Screen, a non-invasive prenatal screening test conducted using maternal blood to screen for severe chromosomal disorders in a fetus. Further, it provides Foresight Carrier Screen, a prenatal test for future parents to assess their risk of passing on a recessive genetic condition to their offspring; and GeneSight Psychotropic Mental Health Medication Test, a DNA genotyping test to aid psychotropic drug selection for patients suffering from depression, anxiety, ADHD, and other mental health conditions. Myriad Genetics, Inc. has a strategic collaboration with Illumina, Inc. and Intermountain Precision Genomics. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.
 CEO
 WEBSITEhttps://myriad.com
 INDUSTRYDiagnostics & Research
 EMPLOYEES2600

Myriad Genetics Inc Frequently Asked Questions


What is the ticker symbol for Myriad Genetics Inc? What does MYGN stand for in stocks?

MYGN is the stock ticker symbol of Myriad Genetics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Myriad Genetics Inc (MYGN)?

As of Fri May 17 2024, market cap of Myriad Genetics Inc is 2.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MYGN stock?

You can check MYGN's fair value in chart for subscribers.

What is the fair value of MYGN stock?

You can check MYGN's fair value in chart for subscribers. The fair value of Myriad Genetics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Myriad Genetics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MYGN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Myriad Genetics Inc a good stock to buy?

The fair value guage provides a quick view whether MYGN is over valued or under valued. Whether Myriad Genetics Inc is cheap or expensive depends on the assumptions which impact Myriad Genetics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MYGN.

What is Myriad Genetics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MYGN's PE ratio (Price to Earnings) is -9.76 and Price to Sales (PS) ratio is 2.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MYGN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Myriad Genetics Inc's stock?

In the past 10 years, Myriad Genetics Inc has provided -0.036 (multiply by 100 for percentage) rate of return.