Natalie Munk - Myriad Genetics Principal Officer

MYGN Stock  USD 15.12  0.18  1.18%   

Insider

Natalie Munk is Principal Officer of Myriad Genetics
Age 43
Address 322 North 2200 West, Salt Lake City, UT, United States, 84116
Phone801 584 3600
Webhttps://www.myriad.com

Natalie Munk Latest Insider Activity

Tracking and analyzing the buying and selling activities of Natalie Munk against Myriad Genetics stock is an integral part of due diligence when investing in Myriad Genetics. Natalie Munk insider activity provides valuable insight into whether Myriad Genetics is net buyers or sellers over its current business cycle. Note, Myriad Genetics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Myriad Genetics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Myriad Genetics Management Efficiency

The company has return on total asset (ROA) of (0.0535) % which means that it has lost $0.0535 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.164) %, meaning that it created substantial loss on money invested by shareholders. Myriad Genetics' management efficiency ratios could be used to measure how well Myriad Genetics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.18. In addition to that, Return On Capital Employed is likely to grow to -0.1. At this time, Myriad Genetics' Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 16.2 M, while Total Assets are likely to drop about 670.7 M.
Myriad Genetics currently holds 363.3 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Myriad Genetics has a current ratio of 3.01, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Myriad Genetics' use of debt, we should always consider it together with its cash and equity.

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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. It employs 2400 people. 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.

Management Performance

Myriad Genetics Leadership Team

Elected by the shareholders, the Myriad Genetics' board of directors comprises two types of representatives: Myriad Genetics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Myriad. The board's role is to monitor Myriad Genetics' management team and ensure that shareholders' interests are well served. Myriad Genetics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Myriad Genetics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Justin Hunter, Interim Secretary
Nicole Lambert, Chief Officer
Bryan Riggsbee, CFO, Executive VP and Treasurer
Jennifer Fox, Chief Officer
Clivetty Martinez, Chief Officer
Paul JD, President CEO
Paul Diaz, President CEO
Pamela Wong, Chief Officer
Shereen Solaiman, Chief Officer
Mark Verratti, President-President Assurex Health
Samraat Raha, Chief Officer
Natalie Munk, Principal Officer
Scott Leffler, Chief Officer
Scott Gleason, IR Contact Officer
Dale Muzzey, Chief Officer
Kevin Haas, Chief Officer
Matthew Scalo, Senior Relations
Glenn Farrell, Senior Officer

Myriad Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Myriad Genetics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Myriad Genetics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Myriad Genetics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Myriad Genetics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Myriad Stock

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The ability to find closely correlated positions to Myriad Genetics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Myriad Genetics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Myriad Genetics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Myriad Genetics to buy it.
The correlation of Myriad Genetics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Myriad Genetics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Myriad Genetics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Myriad Genetics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Myriad Genetics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Myriad Genetics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Myriad Genetics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Myriad Genetics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myriad Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Myriad Stock, please use our How to Invest in Myriad Genetics guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.
Earnings Share
(1.28)
Revenue Per Share
9.205
Quarterly Revenue Growth
0.112
Return On Assets
(0.05)
Return On Equity
(0.16)
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.