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MYGN

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

19.16USD-0.39 (-1.99%)Market Closed

Market Summary

MYGN
USD19.16-0.39
Market Closed
-1.99%

MYGN Stock Price

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MYGN RSI Chart

MYGN Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-6.54

Price/Sales (Trailing)

2.29

EV/EBITDA

-8.25

Price/Free Cashflow

-15.53

MYGN Price/Sales (Trailing)

MYGN Profitability

Operating Margin

80.57%

EBT Margin

-34.81%

Return on Equity

-33.62%

Return on Assets

-22.97%

Free Cashflow Yield

-6.44%

MYGN Fundamentals

MYGN Revenue

Revenue (TTM)

753.2M

Rev. Growth (Yr)

10.57%

Rev. Growth (Qtr)

2.45%

MYGN Earnings

Earnings (TTM)

-263.3M

Earnings Growth (Yr)

26.24%

Earnings Growth (Qtr)

49.1%

Breaking Down MYGN Revenue

Last 7 days

-5.8%

Last 30 days

-9.4%

Last 90 days

-6.8%

Trailing 12 Months

-14.0%

How does MYGN drawdown profile look like?

MYGN Financial Health

Current Ratio

2.01

Debt/Equity

0.05

Debt/Cashflow

-2.88

MYGN Investor Care

Shares Dilution (1Y)

10.65%

Diluted EPS (TTM)

-3.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-230
-
-%
Apr 11, 2024
Clarus Wealth Advisors
sold off
-100
-204,404
-
-%
Apr 08, 2024
TOMPKINS FINANCIAL CORP
unchanged
-
1,831
17,909
-%
Apr 05, 2024
CWM, LLC
added
0.58
4,000
30,000
-%
Apr 05, 2024
GAMMA Investing LLC
added
0.66
86.00
25,968
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
2,208
21,597
0.01%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-11.89
5,246
107,356
-%
Mar 11, 2024
VANGUARD GROUP INC
added
8.61
43,521,600
190,524,000
-%
Mar 05, 2024
Fisher Asset Management, LLC
added
10.73
735,323
3,023,520
-%
Mar 04, 2024
TUCKER ASSET MANAGEMENT LLC
new
-
230
230
-%

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
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
Oct 17, 2023
integrated core strategies (us) llc
5.1%
4,164,600
SC 13G
Mar 01, 2023
glenview capital management, llc
5.31%
4,312,131
SC 13G

Recent SEC filings of Myriad Genetics Inc

View All Filings
Date Filed Form Type Document
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 10, 2024
144
Notice of Insider Sale Intent
Apr 08, 2024
4
Insider Trading
Mar 28, 2024
4/A
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading

Peers (Alternatives to Myriad Genetics Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
177.3B
23.9B
-3.91% -4.78%
37.37
7.42
-10.33% -33.23%
41.1B
6.7B
-4.92% 0.73%
33.25
6.1
-2.81% -6.58%
40.8B
3.7B
-7.22% 1.87%
48.33
11.16
8.72% 24.44%
14.2B
9.3B
0.30% -9.60%
16.68
1.54
-6.38% -9.73%
12.1B
4.1B
-8.95% 15.76%
25.51
2.93
3.86% -2.39%
11.9B
1.9B
-2.43% 101.48%
42.11
6.31
29.17% 15.26%
11.9B
2.5B
13.24% -2.16%
-58.11
4.75
19.93% 67.26%
10.9B
1.1B
0.99% 75.89%
-25.11
10.08
31.99% 20.63%
MID-CAP
2.6B
929.2M
-20.88% -25.40%
1.7K
2.8
28.93% 111.61%
2.1B
563.9M
-3.78% -30.33%
-4.33
3.68
25.45% 26.76%
SMALL-CAP
425.1M
280.3M
-19.03% -7.55%
-2.23
1.52
-12.89% -148.37%
86.5M
31.2M
4.27% -86.20%
-0.98
2.77
5.03% -1.81%
41.5M
9.2M
-6.67% -36.96%
-2.48
4.53
11.85% 44.12%
6.1M
9.0M
-2.70% -65.71%
-0.85
0.68
-53.31% 2.21%
183.8K
25.9M
-50.00% -94.83%
-0.01
0.01
-57.78% -93.11%

Myriad Genetics Inc News

Latest updates
Yahoo Movies Canada • 12 Apr 2024 • 01:01 pm
Yahoo Movies UK • 11 Apr 2024 • 03:45 pm
Yahoo Finance • 11 Apr 2024 • 02:00 pm
Yahoo Finance • 09 Apr 2024 • 01:10 pm
Defense World • 02 Apr 2024 • 07:00 am
Yahoo Finance • 27 Mar 2024 • 07:00 am

Myriad Genetics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.4%196,600,000191,900,000183,500,000181,200,000177,800,000156,400,000179,300,000164,900,000160,800,000167,300,000189,400,000173,100,000154,600,000145,200,00093,200,000164,000,000195,100,000186,300,000215,400,000216,600,000216,800,000
Costs and Expenses-9.5%228,000,000252,000,000297,200,000233,400,000230,000,000201,400,000197,100,000190,500,000203,900,000247,200,000210,200,000219,800,000202,800,000184,800,000161,500,000297,700,000203,900,000207,200,000221,000,000210,700,000210,700,000
  S&GA Expenses6.1%144,400,000136,100,000140,700,000151,700,000146,500,000130,500,000127,100,000110,600,00075,600,000180,600,000135,200,000146,400,000132,800,000124,100,000107,400,000132,900,000134,300,000135,500,000149,800,000140,600,000135,200,000
  R&D Expenses-12.5%21,000,00024,000,00021,200,00022,500,00023,400,00020,500,00020,300,00021,200,00020,500,00018,800,00019,500,00023,100,00018,200,00017,600,00017,400,00019,700,00018,800,00021,300,00020,900,00021,500,00022,400,000
EBITDA Margin12.0%-0.26-0.30-0.29-0.15-0.12-0.120.010.040.020.02-0.10-0.21---------
Interest Expenses-10.0%900,0001,000,000500,000500,000900,000800,000600,000900,000500,0001,100,0002,000,0003,000,0002,900,0002,900,0003,100,0002,300,0002,500,0002,900,0003,200,0003,200,0003,400,000
Income Taxes-1200.0%-1,100,000100,000-2,100,000-9,800,000-9,100,000-3,800,000-5,900,000-35,900,00015,200,000900,000-10,100,000-12,500,000-28,500,000-3,000,000-15,900,000-3,100,000-1,700,000-3,400,000-3,600,0001,000,000
Earnings Before Taxes47.2%-32,300,000-61,200,000-116,100,000-52,600,000-52,100,000-44,200,000-17,900,000-26,400,000-43,500,00039,800,000-3,800,000-49,600,000-50,400,000-43,700,000-58,500,000-131,100,000-11,400,000-22,300,000-7,700,0003,300,0003,600,000
EBT Margin9.3%-0.35-0.38-0.38-0.24-0.21-0.20-0.07-0.05-0.08-0.09-0.22-0.36---------
Net Income49.1%-31,200,000-61,300,000-116,100,000-54,700,000-42,300,000-35,100,000-14,100,000-20,500,000-7,600,00024,600,000-4,700,000-39,500,000-37,900,000-15,200,000-55,400,000-115,200,000-8,300,000-20,600,000-4,200,0006,900,0002,600,000
Net Income Margin6.4%-0.35-0.37-0.36-0.21-0.17-0.12-0.03-0.01-0.04-0.08-0.15-0.26---------
Free Cashflow-147.5%-54,700,000-22,100,000-900,000-33,200,000-7,300,000-2,800,000-49,700,000-46,500,000-9,500,000-39,300,000-4,400,00071,800,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.2%1,1471,1491,1871,1691,1991,2121,2101,2551,3211,3361,3601,3371,4191,4451,4051,4471,5781,5911,5631,5571,557
  Current Assets18.2%314265294262275352367427485499539329389395332355365330349343337
    Cash Equivalents73.8%13276.0010354.0057.0010910416425729511814911711816412181.0090.0093.0085.0091.00
  Inventory-12.4%22.0025.0023.0022.0020.0020.0015.0016.0015.0019.0018.0025.0027.0027.0029.0031.0028.0028.0031.0032.0033.00
  Net PPE-1.4%11912111296.0083.0068.0053.0046.0044.0043.0043.0045.0041.0037.0037.0037.0037.0055.0057.0059.0059.00
  Goodwill0.3%287287287287287237238239239240240328329328328327408416417416413
Liabilities-22.0%363466452334313295263305353367458462538535486480501517474476493
  Current Liabilities-25.5%156209221143137129120166204203271149146134147113112115118109113
  Long Term Debt0%39.0039.0038.00--------154225225224225225225234263273
    LT Debt, Non Current0%39.0039.0038.00---------225--------
Shareholder's Equity14.6%7836837358358869179479509689699028758819099189671,0771,0751,0891,0821,064
  Retained Earnings-5.2%-629-598-537-420-366-323-288-274-254-246-271-266-227-189-173-118-3.305.0026.0030.0023.00
  Additional Paid-In Capital10.1%1,4161,2861,2771,2631,2601,2511,2441,2321,2261,2191,1771,1451,1101,1011,0971,0931,0851,0761,0681,0571,046
Shares Outstanding9.5%90.0082.0082.0082.0081.0081.0081.0080.0080.0080.0078.0077.00---------
Minority Interest-----------0.10-0.10-----0.00---0.10-0.10
Float---1,898---1,465---2,377---847-2,030---2,130
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-147.5%-54,700-22,100-900-33,200-7,300-2,800-49,700-46,500-9,500-39,300-4,40071,800-14,400-59,30030,00016,800-1,90015,80031,5006,60037,800
  Share Based Compensation-10.3%10,40011,60011,2007,5008,2009,40010,40010,1008,40010,0008,9009,0006,5008,4001,9007,5007,0008,8008,8009,5007,500
Cashflow From Investing-380.0%-12,000-2,50011,80034,600-35,60011,400-12,000-41,300-25,900291,0001,1008,20010,90017,10010,35023,200-7,200-7,1004,500-3,800-8,100
Cashflow From Financing4976.0%121,900-2,50038,400-4,900-2,100-3,6002,500-4,800-1,100-74,500-26,500-48,5001,800-3,9009502001,100-12,300-27,800-9,400-32,600
  Buy Backs--------------------46,150-50,000

MYGN Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenue$ 753.2$ 678.4$ 690.6
Costs and expenses:   
Research and development expense88.785.481.9
Selling, general, and administrative expense572.9514.7537.8
Legal settlements112.80.062.0
Goodwill and long-lived asset impairment charges0.016.91.8
Total costs and expenses1,010.6819.0881.1
Operating loss(257.4)(140.6)(190.5)
Other income (expense):   
Interest income2.52.60.7
Interest expense(2.9)(3.2)(6.6)
Other(4.4)0.6139.3
Total other income (expense)(4.8)0.0133.4
Loss before income tax(262.2)(140.6)(57.1)
Income tax expense (benefit)1.1(28.6)(29.9)
Net loss$ (263.3)$ (112.0)$ (27.2)
Net loss per share:   
Basic (in dollars per share)$ (3.18)$ (1.39)$ (0.35)
Diluted (in dollars per share)$ (3.18)$ (1.39)$ (0.35)
Weighted average shares outstanding:   
Basic (in shares)82.880.678.0
Diluted (in shares)82.880.678.0
Testing Revenue   
Total revenue$ 753.2$ 678.4$ 666.4
Costs and expenses:   
Costs and expenses236.2202.0185.7
Other revenue   
Total revenue0.00.024.2
Costs and expenses:   
Costs and expenses$ 0.0$ 0.0$ 11.9

MYGN Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 132.1$ 56.9
Marketable investment securities8.858.0
Trade accounts receivable114.3101.6
Inventory22.020.1
Prepaid taxes17.017.6
Prepaid expenses and other current assets19.420.4
Total current assets313.6274.6
Operating lease right-of-use assets61.6103.9
Long-term marketable investment securities0.054.8
Property, plant and equipment, net119.083.4
Intangibles, net349.5379.7
Goodwill287.4286.8
Other assets15.415.5
Total assets1,146.51,198.7
Current liabilities:  
Accounts payable25.828.8
Accrued liabilities113.994.3
Current maturities of operating lease liabilities16.214.1
Total current liabilities155.9137.2
Unrecognized tax benefits30.226.8
Long-term debt38.50.0
Noncurrent operating lease liabilities97.4130.9
Other long-term liabilities41.318.0
Total liabilities363.3312.9
Commitments and contingencies
Stockholders’ equity:  
Common stock, $0.01 par value, 89.9 and 81.2 shares outstanding at December 31, 2023 and 2022, respectively0.90.8
Additional paid-in capital1,415.51,260.1
Accumulated other comprehensive loss(3.7)(8.9)
Accumulated deficit(629.5)(366.2)
Total stockholders' equity783.2885.8
Total liabilities and stockholders’ equity$ 1,146.5$ 1,198.7
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 Mon Apr 15 2024, market cap of Myriad Genetics Inc is 1.72 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 Mon Apr 15 2024, MYGN's PE ratio (Price to Earnings) is -6.54 and Price to Sales (PS) ratio is 2.29. 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 -0.066 (multiply by 100 for percentage) rate of return.