The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Myriad Genetics, Inc’s stock clocked out at $7.09, down -3.27% from its previous closing price of $7.33. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 0.56 million shares were traded. MYGN stock price reached its highest trading level at $7.35 during the session, while it also had its lowest trading level at $7.065.
Ratios:
To gain a deeper understanding of MYGN’s stock, we examine its different ratios. 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 660885312 and an Enterprise Value of 727785280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 0.882 whereas that against EBITDA is -27.778.
Stock Price History:
The Beta on a monthly basis for MYGN is 1.80, which has changed by -0.52352154 over the last 52 weeks, in comparison to a change of 0.13506866 over the same period for the S&P500. Over the past 52 weeks, MYGN has reached a high of $16.62, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be 3.07%.
Shares Statistics:
It appears that MYGN traded 1.25M shares on average per day over the past three months and 1105610 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 6.14, 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 stock of Myriad Genetics, Inc (MYGN) is currently in the spotlight, with 12.0 analysts actively rating and assessing its market standing.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
In. The current quarter, 12 analysts expect revenue to total $207.5M. 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.
