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.
Investment analysts gave a few price targets for MYL. The highest price target was 57, implying potential capital gains of 47.13 percent. The most pessimistic analyst gave a price target of 40, implying potential capital losses of 3.25 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. If we look at the last 90 days instead, we find a net average change of -1.8 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
MYL has an estimated earnings growth rate of 424.22 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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.