Myriad Genetics, Inc. (MYGN)
Market Cap | 1.90B |
Revenue (ttm) | 678.40M |
Net Income (ttm) | -112.00M |
Shares Out | 81.22M |
EPS (ttm) | -1.39 |
PE Ratio | n/a |
Forward PE | 40.98 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 388,838 |
Open | 23.80 |
Previous Close | 23.75 |
Day's Range | 23.17 - 23.96 |
52-Week Range | 13.92 - 28.18 |
Beta | 1.83 |
Analysts | Sell |
Price Target | 20.97 (-10.35%) |
Earnings Date | May 4, 2023 |
About MYGN
Myriad Genetics, Inc., a genetic testing and precision medicine company, develops and commercializes 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 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 pancrea... [Read more]
Financial Performance
In 2022, MYGN's revenue was $678.40 million, a decrease of -1.77% compared to the previous year's $690.60 million. Losses were -$112.00 million, 311.8% more than in 2021.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MYGN stock is "Sell." The 12-month stock price forecast is $20.97, which is a decrease of -10.35% from the latest price.
News

Myriad Genetics' (MYGN) New Pact to Extend HRD Testing Access
Myriad Genetics (MYGN), together with Illumina, will seek joint HRD companion diagnostics partnerships with pharmaceutical companies globally.

Larry Robbins' Firm Boosts 2 Health Care Stocks
Glenview Capital Management, the firm founded by Larry Robbins (Trades, Portfolio), disclosed in regulatory filings that it boosted during February its holdings in Myriad Genetics Inc. ( MYGN , Financ...

Illumina and Myriad Genetics expand partnership to broaden access to HRD testing in the United States
Strategic partnership offers a unique combination of diagnostic development and commercialization capabilities to the pharmaceutical industry SAN DIEGO , March 2, 2023 /PRNewswire/ -- Illumina Inc. (N...

Myriad Genetics (MYGN) Q4 Earnings Top, Gross Margin Falls
Myriad Genetics (MYGN) hereditary cancer testing volume registered strong growth in the fourth quarter. GeneSight comes up with yet another strong performance.

Myriad Genetics Applauds New Expanded Carrier Screening Practice Guidelines from NSGC
SALT LAKE CITY, March 01, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced its support for the first evidence-based e...

Myriad Genetics (MYGN) Reports Q4 Loss, Tops Revenue Estimates
Myriad (MYGN) delivered earnings and revenue surprises of 25% and 5.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Myriad Genetics to Release Fourth-Quarter Financial Results on Feb. 28, 2023
SALT LAKE CITY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, will hold its fourth-quarter earnings conference call on Tu...

Myriad Genetics to Participate in Upcoming Healthcare Conferences
SALT LAKE CITY, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced management will participate at the upcoming...

Myriad Genetics Highlights 2022 Research Findings that Help Advance More Accessible and Equitable Genetic Testing
SALT LAKE CITY, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, highlighted impactful clinical studies from 2022 that under...

Myriad Genetics (MYGN) Ailed by Mounting Costs, FX Headwind
Myriad Genetics' (MYGN) significant gross margin contraction and operating loss as a result of mounting cost pressure are concerning.

Myriad Genetics Applauds New Guidelines Recommending Screening for Chromosomal Abnormalities
SALT LAKE CITY, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced its support for a recent guideline update b...

Myriad Genetics to Present at 41st Annual J.P. Morgan Healthcare Conference
SALT LAKE CITY, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced Paul J. Diaz, president and chief executive...

Myriad Genetics Hires Five Senior Leaders to Advance Commercial Growth Plans
SALT LAKE CITY, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the addition of five senior executives to h...

Myriad Genetics Patient Outcomes Study Shows RiskScore Leads to More Accurate Breast Cancer Risk Prediction than Standard-of-Care Risk Model
Myriad's MyRisk™ Hereditary Cancer test with RiskScore® provides a personalized breast cancer risk assessment for women of all ancestries Myriad's MyRisk™ Hereditary Cancer test with RiskScore® provid...

Myriad Genetics to Present New Data at San Antonio Breast Cancer Symposium Showcasing Advancements in Breast Cancer Risk Assessment and Treatment
SALT LAKE CITY, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc ., (NASDAQ: MYGN) a leader in genetic testing and precision medicine, today announced multiple presentations of new data at the...

GeneSight Mental Health Monitor Reveals Gap on the Front Line of Mental Health Care
Survey finds primary care providers wish patients would raise mental health concerns so they can provide better overall care Survey finds primary care providers wish patients would raise mental health...

Myriad Genetics' (MYGN) UroSuite to Improve Tailored Treatment
Myriad Genetics' (MYGN) latest launch is expected to aid clinicians with access to tools that can assist them with turnaround times and report interpretation.

Myriad Genetics Focuses on Expanding Access, Collaboration and Equity in Genetic Testing at National Society of Genetic Counselors Meeting
SALT LAKE CITY, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, will spotlight efforts to expand access to prenatal and her...

Myriad Genetics Announces UroSuite™, an Industry-First Suite of Genetic Tests for Prostate Cancer, Giving Urologists Access to Timely, Data-driven Medical Information
SALT LAKE CITY, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the launch of UroSuite, a comprehensive sui...

New Study Published in JCO Precision Oncology Features Data Validating Personalized Breast Cancer Risk Assessments for Women of All Ancestries
SALT LAKE CITY, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, announced today JCO Precision Oncology has published a stud...

Myriad Genetics (MYGN) Q3 Earnings Miss, Gross Margin Falls
Myriad Genetics (MYGN) hereditary cancer testing volume returns to growth in the third quarter. GeneSight comes up with yet another strong performance.

Myriad Genetics (MYGN) Reports Q3 Loss, Lags Revenue Estimates
Myriad (MYGN) delivered earnings and revenue surprises of -375% and 9.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Myriad Genetics Expands Consumer Access to Genetic Testing with Acquisition of Gateway Genomics and Its Market-Leading SneakPeek® Early Gender DNA Test
SALT LAKE CITY, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced that it has acquired Gateway Genomics, LLC,...