Analytical Lens: Exploring Myriad Genetics, Inc (MYGN)’s Financial Story Through Ratios

Ulysses Smith

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The closing price of Myriad Genetics, Inc (NASDAQ: MYGN) was $7.33 for the day, up 4.42% from the previous closing price of $7.02. In other words, the price has increased by $4.42 from its previous closing price. On the day, 0.91 million shares were traded. MYGN stock price reached its highest trading level at $7.349 during the session, while it also had its lowest trading level at $7.02.

Ratios:

Our analysis of MYGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.12 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.55.

Wells Fargo Downgraded its Overweight to Equal Weight on May 07, 2025, while the target price for the stock was maintained at $6.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MYGN now has a Market Capitalization of 683256576 and an Enterprise Value of 750156608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 0.909 whereas that against EBITDA is -28.632.

Stock Price History:

The Beta on a monthly basis for MYGN is 1.80, which has changed by -0.5709046 over the last 52 weeks, in comparison to a change of 0.12415576 over the same period for the S&P500. Over the past 52 weeks, MYGN has reached a high of $16.83, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is -1.50%, while the 200-Day Moving Average is calculated to be 5.38%.

Shares Statistics:

MYGN traded an average of 1.26M shares per day over the past three months and 1266500 shares per day over the past ten days. A total of 93.10M shares are outstanding, with a floating share count of 88.69M. Insiders hold about 4.85% of the company’s shares, while institutions hold 97.84% stake in the company. Shares short for MYGN as of 1763078400 were 7694493 with a Short Ratio of 6.10, compared to 1760486400 on 7761944. Therefore, it implies a Short% of Shares Outstanding of 7694493 and a Short% of Float of 11.6000004.

Earnings Estimates

. The current rating of Myriad Genetics, Inc (MYGN) reflects the combined expertise of 12.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.0, with high estimates of $0.02 and low estimates of -$0.04.

Analysts are recommending an EPS of between $0.02 and -$0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.07, with 12.0 analysts recommending between $0.19 and -$0.03.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 12 analysts. It ranges from a high estimate of $211.8M to a low estimate of $204.68M. As of. The current estimate, Myriad Genetics, Inc’s year-ago sales were $210.6MFor the next quarter, 12 analysts are estimating revenue of $209.84M. There is a high estimate of $215.27M for the next quarter, whereas the lowest estimate is $206M.

A total of 12 analysts have provided revenue estimates for MYGN’s current fiscal year. The highest revenue estimate was $826.5M, while the lowest revenue estimate was $819.38M, resulting in an average revenue estimate of $822.14M. In the same quarter a year ago, actual revenue was $837.6MBased on 12 analysts’ estimates, the company’s revenue will be $866.71M in the next fiscal year. The high estimate is $896.3M and the low estimate is $846M.