Myriad Genetics, Inc. (MYGN)

NASDAQ: MYGN · Real-Time Price · USD
17.99
-3.97 (-18.08%)
Nov 1, 2024, 4:00 PM EDT - Market closed
-18.08%
Market Cap 1.63B
Revenue (ttm) 802.20M
Net Income (ttm) -155.20M
Shares Out 90.82M
EPS (ttm) -1.78
PE Ratio n/a
Forward PE 122.38
Dividend n/a
Ex-Dividend Date n/a
Volume 3,737,498
Open 20.04
Previous Close 21.96
Day's Range 16.86 - 20.06
52-Week Range 16.00 - 29.30
Beta 1.92
Analysts Buy
Price Target 28.18 (+56.64%)
Earnings Date Nov 7, 2024

About MYGN

Myriad Genetics, Inc., a genetic testing and precision medicine company, develops genetic tests in the United States and internationally. It offers molecular diagnostic tests for oncology, and women's and pharmacogenomics. It 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 metastatic breast, ovarian, metastatic pancreatic, and metastatic prostate cancer with deleterious or sus... [Read more]

Sector Healthcare
IPO Date Oct 5, 1995
Employees 2,700
Stock Exchange NASDAQ
Ticker Symbol MYGN
Full Company Profile

Financial Performance

In 2023, Myriad Genetics's revenue was $753.20 million, an increase of 11.03% compared to the previous year's $678.40 million. Losses were -$263.30 million, 135.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for MYGN stock is "Buy." The 12-month stock price forecast is $28.18, which is an increase of 56.64% from the latest price.

Price Target
$28.18
(56.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Myriad Genetics to Release Third Quarter 2024 Financial Results on November 7, 2024

SALT LAKE CITY, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, will hold its third quarter earnings conference call on Thur...

3 days ago - GlobeNewsWire

Myriad Genetics and Flatiron Health Partner to Make Genetic Testing More Accessible with Electronic Medical Record Integration

Myriad's MyRisk®  test is the first hereditary cancer test integrated into Flatiron's OncoEMR® SALT LAKE CITY, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genet...

18 days ago - GlobeNewsWire

Myriad Genetics Announces Five Research Collaborations to Study the Use of MRD Testing in Breast Cancer

SALT LAKE CITY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced a series of ongoing research collaborations...

25 days ago - GlobeNewsWire

Myriad Genetics and Ultima Genomics to Explore the UG 100™ Sequencing Platform to Advance Clinical Test Offerings in Oncology and Reproductive Genomics

SALT LAKE CITY and FREMONT, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, and Ultima Genomics, Inc., a developer ...

4 weeks ago - GlobeNewsWire

Myriad Genetics Announces Third Patent Granted for Molecular Residual Disease (MRD) with Early Priority Date

SALT LAKE CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that the United States Patent and Trademark...

4 weeks ago - GlobeNewsWire

Myriad Genetics to Participate in Two Upcoming Investor Healthcare Conferences

SALT LAKE CITY, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced Myriad management will participate in two u...

2 months ago - GlobeNewsWire

Myriad Genetics, Inc. (MYGN) Q2 2024 Earnings Call Transcript

Myriad Genetics, Inc. (NASDAQ:MYGN) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Matt Scalo - Senior Vice President-Investor Relations Paul Diaz - President & Chief...

3 months ago - Seeking Alpha

EUROBIO SCIENTIFIC COMPLETES ACQUISITION OF ENDOPREDICT® GENOMIC TEST FROM MYRIAD GENETICS

EUROBIO SCIENTIFIC COMPLETES ACQUISITION OF ENDOPREDICT ® GENOMIC TEST FROM MYRIAD GENETICS

3 months ago - GlobeNewsWire

Myriad Genetics Appoints Jennifer Fox as Chief Legal Officer

SALT LAKE CITY, July 31, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the appointment of Jennifer Fox as Chief Leg...

3 months ago - GlobeNewsWire

Myriad Genetics and Personalis Cross-License Foundational MRD Intellectual Property to Broaden Patient Access to Testing

SALT LAKE CITY and FREMONT, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (Nasdaq: MYGN), a leader in genetic testing and precision medicine, and Personalis, Inc. (Nasdaq: PSNL) toda...

4 months ago - GlobeNewsWire

Myriad Genetics Earns 2024 Great Place To Work® Certification™

SALT LAKE CITY, July 02, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced it has received the Great Place To Work Cert...

4 months ago - GlobeNewsWire

Survey Suggests Increased Attention on Mental Health Warranted in the Run-Up to the Election

New Findings from Myriad Genetics Reveal One-Third of Americans Say Election Season Affects Their Mental Health New Findings from Myriad Genetics Reveal One-Third of Americans Say Election Season Affe...

4 months ago - GlobeNewsWire

Genetics in Medicine Publishes Myriad Genetics Patient-Outcomes Study Validating RiskScore® as a Clinical Breast Cancer Risk Assessment Tool

SALT LAKE CITY, June 03, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that Genetics in Medicine, an official jou...

5 months ago - GlobeNewsWire

QIAGEN and Myriad Genetics develop distributable homologous recombination deficiency test for global research and companion diagnostics applications

VENLO, The Netherlands and SALT LAKE CITY, May 30, 2024 (GLOBE NEWSWIRE) -- QIAGEN (NYSE: QGEN; Frankfurt Prime Standard: QIA) and Myriad Genetics (NASDAQ: MYGN) today announced they will develop a gl...

5 months ago - GlobeNewsWire

Myriad Genetics Showcases New Research and Product Innovations Advancing Cancer Care at 2024 ASCO® Annual Meeting

Molecular Residual Disease (MRD) study and multiple RiskScore studies among seven new datasets to be shared by Myriad and Collaborators Molecular Residual Disease (MRD) study and multiple RiskScore st...

5 months ago - GlobeNewsWire

New Study Published in JCO Precision Oncology Shows Myriad Genetics' Prolaris Test Can Predict Benefit of Hormone Therapy Treatment in Men with Localized Prostate Cancer

Myriad's Prolaris Test is the only biomarker test to quantify the benefits of adding androgen deprivation therapy to radiation therapy1

6 months ago - GlobeNewsWire

Myriad Genetics, Inc. (MYGN) Q1 2024 Earnings Call Transcript

Myriad Genetics, Inc. (NASDAQ:MYGN) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Matthew Scalo - Senior Vice President of Investor Relations Paul Diaz - President and ...

6 months ago - Seeking Alpha

Myriad Genetics Reports Strong First Quarter 2024 Financial Results; Achieves 12% Revenue Growth Year-Over-Year; Significantly Improved Year-Over-Year Net Loss and Generated Positive Adjusted EBITDA

Highlights: First quarter revenue of $202 million grew 12% year-over-year, driven by Prenatal ( 22%), Pharmacogenomics ( 21%), and Hereditary Cancer ( 16%). First quarter average revenue per test i...

6 months ago - GlobeNewsWire

Myriad Genetics Announces Reorganization of European Operations and Sale of EndoPredict Business

SALT LAKE CITY, May 07, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the reorganization of its European operatio...

6 months ago - GlobeNewsWire

Myriad Genetics to Release First Quarter 2024 Financial Results on May 7, 2024

Management will also participate in four upcoming investor healthcare conferences Management will also participate in four upcoming investor healthcare conferences

6 months ago - GlobeNewsWire

Nearly Half of Americans Say They've Lost Time in Their Lives Due to Poor Mental Health, According to the GeneSight Mental Health Monitor

80% of people diagnosed with anxiety, depression report losing years or decades of time 80% of people diagnosed with anxiety, depression report losing years or decades of time

7 months ago - GlobeNewsWire

New Myriad Genetics Study Published in Prenatal Diagnosis Shows High Positive Predictive Value for 22q11.2 Microdeletion Syndrome Using Prequel® Prenatal Screen

SALT LAKE CITY, April 16, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that Prenatal Diagnosis has published a s...

7 months ago - GlobeNewsWire

Myriad Genetics Research Shows Reduction in Hospitalizations for Patients with Depression after GeneSight Testing

Fewer patients were prescribed medications with gene-drug interactions after taking the GeneSight test Fewer patients were prescribed medications with gene-drug interactions after taking the GeneSight...

7 months ago - GlobeNewsWire

Myriad Genetics Announces Foundational Patent Granted for Molecular Residual Disease (MRD) with Early Priority Date

SALT LAKE CITY, March 21, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that the United States Patent and Tradema...

8 months ago - GlobeNewsWire

Myriad Genetics Announces Patent Granted for SneakPeek® Snap Device

SALT LAKE CITY, March 20, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. , (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that the U.S. Patent and Trademark Office...

8 months ago - GlobeNewsWire