MYOV stock: buy or sell?

MYOV stock price: $8.82 2.68% At close on July 15th, 2019

Updated on:
July 15th, 2019

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Shares of Myovant Sciences soared a pretty good 2.68% and closed at $8.82. On Thursday MYOV collapsed a dreadful -9.62%. On Wednesday MYOV skyrocketed an amazing 6.24%.

Myovant Sciences Ltd., a clinical-stage biopharmaceutical company, focuses on developing and commercializing therapies for women's health and endocrine diseases.

Should I buy MYOV stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Myovant Sciences 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 Myovant Sciences stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 3 ratings published for MYOV stock in the last month.

Is MYOV a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-30Citigroupn/aBuy
2019-2-13BarclaysEqual WeightOverweight
2019-2-11JMP Securitiesn/aBuy

MYOV stock analysis

Daily outlook

Shares of Myovant Sciences closed yesterday at $8.82 and soared a pretty good 2.68%.

Shares of Myovant Sciences soared a pretty good 2.68% and closed at $8.82. Since April when MYOV stock price broke down the SMA200d line, it slid $-13.06 per share (-59.69%).

MYOV stock chart (daily)

Weekly outlook

Myovant Sciences ended this week at $8.82 and soared a fine 2.68%. By mid June MYOV collapsed a hair-raising -12.43% in just one week. By mid June MYOV climbed an astounding 6.66% in just one week.

Myovant Sciences is in a clear downtrend, marking consecutive declining peaks and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom pattern and create a flat-base to reverse this downtrend. Since early April, when MYOV stock price broke down the 40-weeks moving avarage line, it slid $-15.62 per share (-63.91%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Myovant Sciences recorded late September 2018 and since then the price is -67.87% below that top.

MYOV stock chart (weekly)

MYOV stock price history

MYOV stock went public on October 27th, 2016 with a price of $15.001. Since then, MYOV stock sliced a -41.20%, with a yearly average of -20.60%.

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

MYOV stock historical price chart

MYOV stock reached all-time highs on September with a price of $27.45.

MYOV stock price target is $25.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 3 price targets for MYOV stock:
MYOV stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-30CitigroupInitiatesn/a$25.00-
2019-2-13BarclaysUpgrades$22.00$25.0013.6%
2019-2-11JMP SecuritiesReiteratesn/a$25.00-
(in average)$22.00$25.0014.0%
Moving in a range from $25.00 and $25.00, the price prediction for MYOV stock is $25.00. In average, analysts' outlook on MYOV price forecast is positive, upgrading the prediction by a 14.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Myovant Sciences presented slightly good results for 2018-Q4 on February. Myovant Sciences appreciated Earnings per Share (EPS) by 5.10%, beating experts consensus of $-0.99. Myovant Sciences posted $-1.04.
MYOV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.38n/a
2017-Q2-n/a-0.39n/a
2017-Q3-n/a-0.5n/a
2017-Q4-n/a-0.7n/a
2018-Q12018-06-07-0.77-0.81n/a
2018-Q22018-08-07-0.77-0.98n/a
2018-Q32018-11-08-0.95-0.99n/a
2018-Q42019-02-07-0.99-1.04n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to , last anual revenues report draw of to M USD. , its earnings margin (compared to sales) to , that is million.

MYOV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Reported quarter income marked $-70.63 million with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was inf%. When comparing revenues to same quarter last year, Myovant Sciences sales marked a tight move and stayed stable a nan%. Looking back to recent quarterly results, Myovant Sciences posted 7 negative quarters in a row.
MYOV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2

Myovant Sciences ownership

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

Myovant Sciences shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 67.07% of all shares.

In case of Myovant Sciences stock, 31.04% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for MYOV stock account 0.00%, no big difference from last month.

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

MYOV
Market cap$636.8 M
Total shares72.2 M
Float shares32.0 M
  - Institutional holdings (%)31.0%
  - Insider holdings (%)67.1%
Shares in short selling0.0%

MYOV summary

Monday, July 15th, 2019
Open$8.59
Close$8.82
Day range$8.52 - $8.91
Previous close$8.59
Session gain2.68%
Average true range$0.50
50d mov avg$11.10
100d mov avg$16.41
200d mov avg$17.98
Daily pattern
Weekly pattern lt02a

Myovant Sciences performance

To measure stock performance is always good to compare with competitors or related stocks. We selected as the bechmarking frame for Myovant Sciences stock.
Stock3m6m12m
MYOVMyovant Sciences-52.01%-51.78%-55.70%

Myovant Sciences competitors

Unfortunately, we could not find any public company that could be defined as Myovant Sciences competitor. This doesn't mean Myovant Sciences does not have any competitor in the market, it's just we could not detected it.