Media headlines about Myriad Genetics (NASDAQ:MYGN) have trended positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Myriad Genetics earned a news impact score of 2.17 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Myriad Genetics’ analysis:
- Is Myriad Genetics Inc’s (NASDAQ:MYGN) CEO Paid At A Competitive Rate? (finance.yahoo.com)
- Silencing the critics: Booz Allen Hamilton Holding Corporation (BAH), Myriad Genetics, Inc. (MYGN) (finbulletin.com)
- Notable Analyst’s Ranking Preview: Myriad Genetics, Inc. (MYGN) (nasdaqclick.com)
- Myriad Genetics, Inc. (MYGN) Insiders Knew Better, But Did Investors Listen? (gvtimes.com)
- Most desired stock in current scenario: Myriad Genetics, Inc. (MYGN) (finbulletin.com)
MYGN traded down $1.66 during trading on Thursday, hitting $31.16. The company’s stock had a trading volume of 1,449,563 shares, compared to its average volume of 774,804. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.86 and a current ratio of 3.19. Myriad Genetics has a 12 month low of $27.27 and a 12 month high of $50.44. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 2.26 and a beta of 0.51.
Several brokerages have recently weighed in on MYGN. Zacks Investment Research lowered Myriad Genetics from a “buy” rating to a “hold” rating in a report on Monday, October 29th. BidaskClub downgraded Myriad Genetics from a “buy” rating to a “hold” rating in a research report on Saturday, November 3rd. Deutsche Bank raised their target price on Myriad Genetics from $37.00 to $43.00 and gave the stock a “hold” rating in a research report on Monday. Piper Jaffray Companies raised their target price on Myriad Genetics to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 22nd. Finally, Barclays raised their target price on Myriad Genetics from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 22nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $41.90.
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Myriad Genetics Company Profile
Myriad Genetics, Inc, a molecular diagnostic company, focuses on developing and marketing novel predictive medicine, personalized medicine, and prognostic medicine tests worldwide. The company offers molecular diagnostic tests, including myRisk Hereditary Cancer, a DNA sequencing test for hereditary cancers; BRACAnalysis, a DNA sequencing test to assess the risk of developing breast and ovarian cancer; BRACAnalysis CDx, a DNA sequencing test for use as a companion diagnostic with the platinum based chemotherapy agents and poly ADP ribose inhibitor Lynparza; riskScore, a clinically validated personalized medicine tool; GeneSight, a DNA genotyping test to optimize psychotropic drug selection for neuroscience patients; and Tumor BRACAnalysis CDx, a DNA sequencing test that is designed to be utilized to predict response to DNA damaging agents.
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