Analyst Ratings for Mylan N.V. (MYL)Updated: 2017-07-28
An average rating of Overweight has been given to Mylan N.V. (NASDAQ:MYL) by analysts covering the stock. MYL had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 12 analysts, 3 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
MYL was given price targets by several analysts. The highest price target was 57, which equates to a potential upside of 47.13 percent. The minimum price target given was 40, implying a possible loss of 3.25 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.24 percent. That number becomes -6 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.57 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.8 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
The growth rate of MYL's earnings is estimated by analysts to be 424.22 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MYL is 0.09.
MYL has a 52-week high of 50.40 and a 52-week low of 33.60. The current market price is above the trailing year's low by 15.3 percent, and 23.13 percent below the high. MYL has a price/earnings ratio of 38.74. Investors typically compare the P/E ratio to a company's peers in the industry. The MYL value stock report compares MYL to some of its peers using value stock charts. The stock has a market capitalization of $20.63 billion. MYL's next earnings release will be on 0000-00-00, which is days away.