Several brokerages have updated their recommendations and price targets on shares of Mylan (NASDAQ: MYL) in the last few weeks:
Mylan Inc. (NASDAQ:MYL) traded down 2.55% on Friday, hitting $35.90. The stock had a trading volume of 5,872,008 shares. The company has a market cap of $19.20 billion, a P/E ratio of 22.72 and a beta of 1.14. Mylan Inc. has a 52-week low of $35.61 and a 52-week high of $55.51. The stock’s 50-day moving average is $41.66 and its 200-day moving average is $44.25.
Mylan (NASDAQ:MYL) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.03. Mylan had a net margin of 8.11% and a return on equity of 23.22%. The business earned $2.56 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Analysts expect that Mylan Inc. will post $4.95 earnings per share for the current year.