MYGN logo

Myriad Genetics (MYGN) Company Overview

Profile

Full Name:

Myriad Genetics, Inc.

Sector:

Healthcare

Country:

United States

IPO:

October 6, 1995

Indexes:

Not included

Description:

Myriad Genetics, Inc. is one of the largest specialized molecular diagnostic laboratories in the world. Founded in 1992, the headquarters is located in Salt Lake City, Utah. The company uses a range of patented technologies, including DNA, RNA, and protein analysis, to help understand the genetic basis of human diseases and the role that genes and their associated proteins may play in the onset and progression of disease. The company uses this information to guide the development of new molecular diagnostic and companion diagnostic tests designed to assess individual risk of developing disease in old age, determine the likelihood of a patient's response to drug therapy and dosage for the patient, or assess the risk of disease progression and recurrence.

Key Details

Price

$12.36

Annual Revenue

$753.20 M(+11.03% YoY)

Annual EPS

-$3.18(-128.78% YoY)

Annual ROE

-31.55%

Beta

0.89

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Mar 26, 2009

Analyst ratings

Recent major analysts updates

Jan 30, 25 Piper Sandler
Neutral
Jan 28, 25 Goldman Sachs
Buy
Jan 16, 25 Stephens & Co.
Equal-Weight
Dec 13, 24 B of A Securities
Underperform
Dec 10, 24 UBS
Neutral
Dec 9, 24 Leerink Partners
Market Perform
Nov 18, 24 Morgan Stanley
Equal-Weight
Nov 11, 24 Piper Sandler
Neutral
Sep 19, 24 Morgan Stanley
Equal-Weight
Aug 27, 24 Wells Fargo
Overweight

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Price

Market cap

Technical

Dividend

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Revenue

Profit

EPS

ROA & ROE

EBIT & EBITDA

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

PE Ratio

PB Ratio

PS Ratio

Enterprise value

EV/EBITDA

Financial Health

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Leverage

Risk & Stability

Balance Sheet

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Assets

Equity

Liabilities

Debt

Expenses

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cashflow Activities

Free CashFlow

CAPEX

Institutional Ownership

Myriad Genetics Announces Two New Patents Granted for its Molecular Residual Disease (MRD) Assay
Myriad Genetics Announces Two New Patents Granted for its Molecular Residual Disease (MRD) Assay
Myriad Genetics Announces Two New Patents Granted for its Molecular Residual Disease (MRD) Assay
MYGN
globenewswire.comFebruary 5, 2025

SALT LAKE CITY, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic and tumor genomic testing and precision medicine, announced that the United States Patent and Trademark Office has issued two new patents that further advance Myriad's ability to bring its tumor-informed, high-definition, molecular residual disease (MRD) assay to market. US patent No.

Myriad Genetics and Lumea Collaborate to Enhance Access to the Prolaris Biomarker and MyRisk Hereditary Cancer Tests through BxLink Integration
Myriad Genetics and Lumea Collaborate to Enhance Access to the Prolaris Biomarker and MyRisk Hereditary Cancer Tests through BxLink Integration
Myriad Genetics and Lumea Collaborate to Enhance Access to the Prolaris Biomarker and MyRisk Hereditary Cancer Tests through BxLink Integration
MYGN
globenewswire.comFebruary 5, 2025

SALT LAKE CITY, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic and genomic tumor testing and precision medicine, and Lumea Inc., a leader in digital pathology solutions, have signed an agreement to integrate Myriad's advanced molecular diagnostic tests — Prolaris ® Prostate Cancer Test and MyRisk ® Hereditary Cancer Test – into Lumea's digital pathology platform, BxLink™.

Myriad Genetics Unveils Groundbreaking Eight Weeks' Gestation NIPT Study Results at Society for Maternal-Fetal Medicine Conference
Myriad Genetics Unveils Groundbreaking Eight Weeks' Gestation NIPT Study Results at Society for Maternal-Fetal Medicine Conference
Myriad Genetics Unveils Groundbreaking Eight Weeks' Gestation NIPT Study Results at Society for Maternal-Fetal Medicine Conference
MYGN
globenewswire.comJanuary 29, 2025

SALT LAKE CITY, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced it will unveil groundbreaking research at the annual Society for Maternal-Fetal Medicine Conference (SMFM).

MYGN Stock Gains Following the Launch of Know More Sooner
MYGN Stock Gains Following the Launch of Know More Sooner
MYGN Stock Gains Following the Launch of Know More Sooner
MYGN
zacks.comJanuary 24, 2025

Myriad Genetics launches an online prenatal genetic testing resource, the Know More Sooner website, to provide comprehensive information about reproductive and prenatal genetic testing.

Myriad Genetics Announces Hereditary Cancer Risk Assessment Program Study Published in Obstetrics & Gynecology
Myriad Genetics Announces Hereditary Cancer Risk Assessment Program Study Published in Obstetrics & Gynecology
Myriad Genetics Announces Hereditary Cancer Risk Assessment Program Study Published in Obstetrics & Gynecology
MYGN
globenewswire.comJanuary 21, 2025

Myriad Genetics announced a hereditary cancer risk assessment program study was published in Obstetrics & Gynecology (also known as The Green Journal).

Myriad Genetics Signs Agreement with Nationally Renowned Sports Broadcaster Hannah Storm to Promote the Importance of Knowing Family Cancer History
Myriad Genetics Signs Agreement with Nationally Renowned Sports Broadcaster Hannah Storm to Promote the Importance of Knowing Family Cancer History
Myriad Genetics Signs Agreement with Nationally Renowned Sports Broadcaster Hannah Storm to Promote the Importance of Knowing Family Cancer History
MYGN
globenewswire.comJanuary 9, 2025

SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, announced an agreement with Hannah Storm, a nationally renowned sports broadcaster, who recently revealed her battle with breast cancer. Under the agreement, Storm will act as an ambassador for the Myriad Genetics Breast Cancer Risk Assessment Program featuring the MyRisk® with RiskScore® Hereditary Cancer Test, the first and industry-leading hereditary cancer test and polygenic risk prediction test for all ancestries.

Myriad Genetics Issues Quality, Innovation, and Corporate Responsibility Report
Myriad Genetics Issues Quality, Innovation, and Corporate Responsibility Report
Myriad Genetics Issues Quality, Innovation, and Corporate Responsibility Report
MYGN
globenewswire.comJanuary 6, 2025

SALT LAKE CITY, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today released its Quality, Innovation, and Corporate Responsibility Report, highlighting key efforts that reflect its commitment to conduct operations as a responsible corporation in the healthcare industry. “Quality, innovation and corporate responsibility are at the heart of what we do at Myriad Genetics,” said Paul J.

Myriad Genetics' RiskScore Study Named One of the Top 10 Significant Advances in Genomic Medicine in American Journal of Human Genetics
Myriad Genetics' RiskScore Study Named One of the Top 10 Significant Advances in Genomic Medicine in American Journal of Human Genetics
Myriad Genetics' RiskScore Study Named One of the Top 10 Significant Advances in Genomic Medicine in American Journal of Human Genetics
MYGN
globenewswire.comDecember 19, 2024

Myriad Genetics announced a MyRisk® Hereditary Cancer Test with RiskScore® study was named as one of the top 10 significant advances in genomic medicine.

Is Myriad Genetics Stock a Smart Hold for Your Portfolio Right Now?
Is Myriad Genetics Stock a Smart Hold for Your Portfolio Right Now?
Is Myriad Genetics Stock a Smart Hold for Your Portfolio Right Now?
MYGN
zacks.comDecember 17, 2024

Strategic progress and solid potential in oncology testing keep MYGN on investors' radar.

Myriad Genetics Provides Update on Discussions with UnitedHealthcare regarding Medical Policy for Pharmacogenetic Testing
Myriad Genetics Provides Update on Discussions with UnitedHealthcare regarding Medical Policy for Pharmacogenetic Testing
Myriad Genetics Provides Update on Discussions with UnitedHealthcare regarding Medical Policy for Pharmacogenetic Testing
MYGN
globenewswire.comDecember 10, 2024

SALT LAKE CITY, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today provided an update on its engagement with UnitedHealthcare (UNH) following the Nov 1, 2024 publication of its updated medical policy restricting access to multi-gene panel pharmacogenetic tests, including Myriad's GeneSight test, under its commercial and individual exchange benefit plans, effective January 1, 2025. Since the announcement, Myriad has actively engaged in constructive dialogue with UNH regarding the clinical evidence supporting Myriad's proprietary and clinically differentiated mental health medication test, GeneSight, including presenting additional clinical data to UnitedHealthcare for its further review and consideration.

FAQ

  • What is the ticker symbol for Myriad Genetics?
  • Does Myriad Genetics pay dividends?
  • What sector is Myriad Genetics in?
  • What industry is Myriad Genetics in?
  • What country is Myriad Genetics based in?
  • When did Myriad Genetics go public?
  • Is Myriad Genetics in the S&P 500?
  • Is Myriad Genetics in the NASDAQ 100?
  • Is Myriad Genetics in the Dow Jones?
  • When was Myriad Genetics's last earnings report?
  • When does Myriad Genetics report earnings?
  • Should I buy Myriad Genetics stock now?

What is the ticker symbol for Myriad Genetics?

The ticker symbol for Myriad Genetics is NASDAQ:MYGN

Does Myriad Genetics pay dividends?

No, Myriad Genetics does not pay dividends

What sector is Myriad Genetics in?

Myriad Genetics is in the Healthcare sector

What industry is Myriad Genetics in?

Myriad Genetics is in the Diagnostics & Research industry

What country is Myriad Genetics based in?

Myriad Genetics is headquartered in United States

When did Myriad Genetics go public?

Myriad Genetics's initial public offering (IPO) was on October 6, 1995

Is Myriad Genetics in the S&P 500?

No, Myriad Genetics is not included in the S&P 500 index

Is Myriad Genetics in the NASDAQ 100?

No, Myriad Genetics is not included in the NASDAQ 100 index

Is Myriad Genetics in the Dow Jones?

No, Myriad Genetics is not included in the Dow Jones index

When was Myriad Genetics's last earnings report?

Myriad Genetics's most recent earnings report was on Nov 7, 2024

When does Myriad Genetics report earnings?

The next expected earnings date for Myriad Genetics is Feb 27, 2025

Should I buy Myriad Genetics stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions