Myriad Genetics Inc

MYGN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Myriad Genetics Earnings: Test Volume Still a Reliable Growth Driver; Adoption Uptick Looks Steady

Karen Andersen , Ava Gams

Aug 4, 2023

Myriad Genetics delivered solid second-quarter results driven by strong volume performance that increased the top line 10% year over year (excluding a one-time adjustment from the prior-year period). We are maintaining our $18.50 fair value estimate for the no-moat firm as the results landed roughly as we expected. At current prices, the shares look fairly valued.

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Myriad Genetics Inc

Myriad Genetics Earnings: Test Volume Still a Reliable Growth Driver; Adoption Uptick Looks Steady

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