Myriad Genetics stock analysis
Myriad Genetics (0K3W) Share Price & Analysis
0K3W Stock Chart & Stats
- Day’s Range
- $5.59 - $5.75
- 52-Week Range
- $2.75 - $8.06
- Previous Close
- $5.86
- Volume
- N/A
- Average Volume (3M)
- 16.41K
- Market Cap
- $542.92M
- Enterprise Value
- $514.77M
- Total Cash (Recent Filing)
- $107.10M
- Total Debt (Recent Filing)
- $209.40M
- Price to Earnings (P/E)
- ―
- Beta
- -0.12
- Next Earnings
- Mar 02, 2027 (Est.)
- EPS Estimate
- -0.22
- Last Dividend Ex-Date
- Mar 15, 2022
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Strategic Focus And Liquidity
The planned Prenatal Health divestiture concentrates investment on Myriad’s Cancer Care Continuum, where management sees stronger long-term opportunities. Proceeds should also improve liquidity, enabling debt management, targeted growth investment, and greater resilience while the portfolio becomes more focused.
Hereditary Cancer Testing Demand
Record unaffected hereditary testing volume indicates durable demand beyond a narrow patient segment and supports the breadth of Myriad’s clinical offering. Continued commercial execution and a strong market position can help sustain adoption as genetic testing guidelines expand.
MRD Clinical And Commercial Potential
The interim Precise MRD data provides clinical support for a differentiated oncology diagnostic with potential to influence post-surgical monitoring. If reimbursement milestones are achieved, broader adoption could create a meaningful growth avenue within Myriad’s cancer-focused strategy.
Bears Say
Revenue Decline And Ongoing Losses
The sharp trailing revenue contraction and persistent operating and net losses show that Myriad has not yet converted strong gross margins into durable earnings. Continued losses can restrict reinvestment capacity and make execution of the focused growth strategy more financially demanding.
Negative Cash Generation
Negative operating and free cash flow indicate that the current business still consumes cash despite some improvement from earlier periods. Until operations consistently fund the company, Myriad remains more exposed to execution setbacks and has less internally generated flexibility for investment or debt reduction.
Reimbursement And Pricing Pressure
Rising authorization requirements, denials, and lower hereditary-testing revenue per test can pressure both demand economics and realized pricing. These reimbursement frictions may limit margin recovery and require continued revenue-cycle investment, even as testing volumes grow.
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Myriad Genetics Stock Smart Score
Company Description
Myriad Genetics
Myriad Genetics, Inc., a molecular diagnostics and precision medicine company, develops molecular tests. The company offers molecular diagnostic tests for oncology, women’s health, and pharmacogenomics. It also provides MyRisk Hereditary Cancer test, a DNA sequencing test for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic test, a DNA sequencing test for metastatic breast, ovarian, metastatic pancreatic, and metastatic prostate cancer with deleterious or suspected deleterious germline BRCA variants; and MyChoice CDx Companion Diagnostic test, a tumor test that determines homologous recombination deficiency status in patients with ovarian cancer. In addition, the company offers Prolaris Prostate Cancer Prognostic test, an RNA expression tumor analysis for assessing the aggressiveness of prostate cancer; EndoPredict Breast Cancer Prognostic test, an RNA expression test for assessing the aggressiveness of breast cancer; Precise Tumor Molecular Profile test, a genomic profiling test; Prequel Prenatal Screen, a non-invasive prenatal screening test conducted using maternal blood to screen for severe chromosomal disorders in a fetus; Foresight Carrier Screen, a prenatal test for future parents to assess their risk of passing on a recessive genetic condition to their offspring; SneakPeek Early Gender DNA test, a non-invasive blood test that predicts the gender of a fetus; FirstGene; and GeneSight Psychotropic Mental Health Medication test, a DNA genotyping test to aid psychotropic drug selection for depression, anxiety, attention-deficit/hyperactivity disorder, and other mental health conditions. It has a license collaboration with Illumina, Inc.; University of Texas M.D. Anderson Cancer Center; Mayo Foundation for Medical Education and Research; Children’s Medical Center in Boston; Institut Curie and INSERM; and Eurobio Scientific SA. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Samraat S. Raha
- Employees
- 2,700
- Website
- www.myriad.com
- Address
- 322 North 2200 West, Salt Lake City, UT, 84116, US
Myriad Genetics (0K3W) Earnings & Revenues
0K3W Company Deck
0K3W Earnings Call
Earnings Call SentimentPositive
The call was broadly constructive. Management reported sequential improvement in revenue per test, gross margin, adjusted EBITDA, Cancer Care and Mental Health volumes, and raised full-year revenue guidance. The Prenatal Health divestiture, expected to strengthen focus, liquidity, growth, and margins, was presented as a major strategic positive. However, the company continues to face Prenatal Health volume and revenue declines, HCT reimbursement pressure, year-over-year gross-margin contraction, adjusted losses, and unresolved reimbursement and profitability work. The positive developments and strategic actions significantly outweighed the stated challenges.
View all GB:0K3W earnings summaries0K3W Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 10 | 4 | 8 |
| Technical Analysis | 4 | 4 | 2 |
| Moving Averages | 6 | 0 | 6 |










