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.
A number of analysts gave price targets for MYL. The most optimistic price target was 57, implying potential capital gains of 47.13 percent. The lowest price target was 40, implying potential capital losses of 3.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.24 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.57 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 4 analysts that revised their FY estimates downwards.
Analysts estimate earnings of MYL to grow at a rate of 424.22 percent. Another measure frequently examined by investors is the PEG ratio. 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MYL has a PEG ratio of 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 lower than its 52-week 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 market cap of MYL is $20.63 billion. MYL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.