Mylan stock: buy or sell?

MYL stock price: $19.67 1.29% At close on May 21st, 2019

Updated on:
May 21st, 2019

1

Mylan shares inched 1.29% to $19.67 today. On May/13 MYL plunged a frightening -10.41%.

Mylan N.V., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, brand name, and over-the-counter products worldwide.

Should I buy Mylan stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Mylan stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Mylan stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we detected 14 ratings published for MYL stock in the last 30 days.

The general sentiment of these ratings is bullish for MYL stock, with 10 positive ratings.
Is MYL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-8Royal Bank of Canadan/aOutperform
2019-5-8Raymond Jamesn/aBuy
2019-5-8Morgan Stanleyn/aBuy
2019-3-7UBS Groupn/aNeutral
2019-3-6Morgan StanleyEqual WeightOverweight
2019-3-6Credit Suisse Groupn/aBuy
2019-3-27Argusn/aBuy
2019-3-19SunTrust Banksn/aBuy
2019-2-27Wells Fargo & Con/aOutperform
2019-2-27Sanford C. BernsteinOutperformMarket Perform
2019-2-27BTIG Researchn/aBuy
2019-2-27BMO Capital Marketsn/aOutperform
2019-1-31Mizuhon/aNeutral
2019-1-23UBS GroupBuyNeutral

Mylan stock analysis

Daily outlook

Shares of Mylan closed today at $19.67 and inched a decent 1.29%.

Shares of Mylan inched a decent 1.29% and closed at $19.67.

MYL stock chart (daily)

Weekly outlook

After sliding a scary -12.88% in a week last week, Mylan closed this week at $19.67 and stayed steady a neutral 0.15%.

Mylan finally declined through the support line and now is sliding further looking for new supports. Since price and 40-weeks moving average lines crossed down by mid June 2018, MYL fell $-21.69 per share (-52.44%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.

MYL stock chart (weekly)

Mylan stock price history

Mylan IPO was on March 17th, 1980 at $0.92 per share1. Since then, MYL stock surged a 2,038.00%, with a yearly average of 52.30%. If you had invested $1,000 in Mylan stock in 1980, it would worth $20,380.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Mylan stock historical price chart

MYL stock reached 52-week highs on June at $42.50, and all-time highs 2015-04-24 with a price of 76.69.

Mylan stock price target is $33.10

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 11 price predictions for Mylan stock published in the last 30 days:
MYL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-8Royal Bank of CanadaLowers Targetn/a$26.00-
2019-5-8Raymond JamesSet Price Targetn/a$31.00-
2019-5-8Morgan StanleySet Price Targetn/a$32.00-
2019-3-7UBS GroupInitiatesn/a$31.00-
2019-3-6Morgan StanleyUpgradesn/a$35.00-
2019-3-6Credit Suisse GroupReiteratesn/a$37.00-
2019-3-27ArgusLowers Targetn/a$32.00-
2019-2-27Wells Fargo & CoReiterates$40.00$33.00-17.5%
2019-2-27BTIG ResearchLowers Targetn/a$35.00-
2019-2-27BMO Capital MarketsRaises Targetn/a$40.00-
2019-1-23UBS GroupDowngrades$54.00$32.00-40.7%
(in average)$47.00$33.10-30.0%
Moving in a range from $40.00 and $26.00, the price forecast for Mylan stock is $33.10. In average, analysts' outlook on MYL price target is negative, reducing the prediction by a -30.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Mylan presented its financial report, in line with analysts' consensus and published a $1.30 Earnings per Share. As soon as we get its posted EPS from the earnings report, we will update this review.
MYL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q32017-11-061.21.1-8.3%
2017-Q42018-02-281.411.431.4%
2018-Q12018-05-090.990.96-3.0%
2018-Q22018-08-081.231.07-13.0%
2018-Q32018-11-051.171.256.8%
2018-Q42019-02-261.331.3-2.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Mylan annual revenues declined a rough -3.98% to $11,433.90 M USD from $11,907.70 marked in 2017. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) depreciated a -2.76% to 3.08%.

MYL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$6,970 M-$624 M8.9%-
2014$7,720 M10.75%$929 M12.0%49.01%
2015$9,429 M22.15%$848 M9.0%-8.80%
2016$11,077 M17.47%$480 M4.3%-43.37%
2017$11,908 M7.50%$696 M5.8%45.00%
2018$11,434 M-3.98%$353 M3.1%-49.35%

Quarterly financial results

Mylan reported $3,078.70 M in revenues for 2018-Q4, a 7.56% improvement compared to previous quarter. Reported quarter earnings marked $51.20 M with a profit margin of 1.66%. Profit margin slightly fell a -4.51% compared to previous quarter when profit margin was 6.17%. When comparing revenues to same quarter last year, Mylan sales marked a fatal decrease and decreased a -4.95%. Looking back to recent quarterly results, Mylan posted 3 positive quarters in a row.
MYL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$2,720 M-$66 M2.4%-
2017-Q2$2,960 M8.82%$297 M10.0%347.29%
2017-Q3$2,987 M0.92%$88 M3.0%-70.27%
2017-Q4$3,239 M8.43%$244 M7.5%176.67%
2018-Q1$2,685 M-17.12%$87 M3.2%-64.35%
2018-Q2$2,808 M4.61%$38 M1.3%-56.95%
2018-Q3$2,862 M1.93%$177 M6.2%371.20%
2018-Q4$3,079 M7.56%$51 M1.7%-71.02%

Mylan ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Mylan, 1.08% of all outstanding shares are owned by its staff.

Bearish positions for MYL stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Mylan:

MYLLCIPFERDYSNY
Market cap$10.1 B$235.9 M$230.8 B$6.1 B$51.8 B
Total shares515.4 M39.3 M5,550.0 M166.0 M1,250.0 M
Float shares513.0 M26.6 M5,520.0 M120.8 M2,210.0 M
  - Institutional holdings (%)86.2%86.6%76.2%13.6%7.7%
  - Insider holdings (%)1.1%28.2%0.0%0.0%0.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Mylan summary

Tuesday, May 21st, 2019
Open$19.51
Close$19.67
Day range$19.45 - $19.97
Previous close$19.42
Session gain1.29%
Average true range$1.39
50d mov avg$26.08
100d mov avg$27.69
200d mov avg$31.28
Daily pattern
Weekly pattern lt01c

Mylan performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Mylan against Lannett, Pfizer, Dr. Reddy's Laboratories, and Teva Pharmaceutical Industries in the following table:
Stock3m6m12m
MYLMylan-37.08%-41.27%-50.05%
LCILannett-36.31%4.17%-63.96%
PFEPfizer-2.33%-1.89%20.55%
RDYDr. Reddy's L...0.35%0.03%28.24%
SNY4.81%-3.92%12.73%
TEVATeva Pharmaceutic...-33.39%-47.63%-48.20%

Mylan competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Mylan. We chose 5 companies as Mylan competitors as they are in the same industry or have similar market objectives.

Latest Mylan stock news