Myriad Genetics Stock Today
| MYGN Stock | USD 9.90 0.22 2.17% |
PerformanceVery Weak
| Odds Of DistressBelow Average
|
Myriad Genetics is selling at 9.90 as of the 19th of March 2025; that is 2.17 percent decrease since the beginning of the trading day. The stock's open price was 10.12. Myriad Genetics has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Myriad Genetics, Inc., a genetic testing and precision medicine company, develops and commercializes genetic tests in the United States and internationally. The company was founded in 1991 and is headquartered in Salt Lake City, Utah. Myriad Genetics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. The company has 91.31 M outstanding shares of which 5.43 M shares are now shorted by private and institutional investors with about 3.61 trading days to cover. More on Myriad Genetics
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Myriad Stock Highlights
Myriad Genetics (MYGN) is traded on NASDAQ Exchange in USA. It is located in 322 North 2200 West, Salt Lake City, UT, United States, 84116 and employs 2,700 people. Myriad Genetics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 924.05 M. Myriad Genetics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 91.31 M outstanding shares of which 5.43 M shares are now shorted by private and institutional investors with about 3.61 trading days to cover.
Myriad Genetics currently holds about 205.1 M in cash with (8.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
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Ownership AllocationThe majority of Myriad Genetics outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Myriad Genetics to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Myriad Genetics. Please pay attention to any change in the institutional holdings of Myriad Genetics as this could imply that something significant has changed or is about to change at the company.
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Myriad Genetics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Myriad Genetics market risk premium is the additional return an investor will receive from holding Myriad Genetics long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.58) |
Myriad Stock Against Markets
Myriad Genetics Corporate Management
| Justin Hunter | Interim Secretary | Profile | |
| Nicole Lambert | Chief Officer | Profile | |
| Jennifer Fox | Chief Officer | Profile | |
| Clivetty Martinez | Chief Officer | Profile |
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myriad Genetics. If investors know Myriad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myriad Genetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Myriad Genetics is measured differently than its book value, which is the value of Myriad that is recorded on the company's balance sheet. Investors also form their own opinion of Myriad Genetics' value that differs from its market value or its book value, called intrinsic value, which is Myriad Genetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myriad Genetics' market value can be influenced by many factors that don't directly affect Myriad Genetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myriad Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myriad Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myriad Genetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.