The Chaikin Power Gauge RatingTM stock report for Mylan Inc. $MYL is bullish due to very strong earnings performance and bullish price/volume activity. The rating also reflects negative expert opinions. MYL’s earnings performance is very strong as a result of an upward trend in earnings this year and a relatively low projected P/E ratio.
Financial Metrics Rating – Neutral
MYL’s financial metrics are neutral. The company has high revenue per share and is carrying too much long-term debt relative to its industry group. The rank is based on a high long-term debt to equity ratio relative to its industry group, high price to book value ratio, high return on equity, low price to sales ratio and relatively low cash flow.
Earnings Performance Rating – Very Bullish
MYL’s earnings performance has been very strong. The company experienced superior earnings growth in the past 12 months and is priced relatively low compared to next year’s projected EPS. The rank is based on an upward trend in earnings this year, a relatively low projected P/E ratio and consistent earnings over the past 5 years.
Price/Volume Activity Rating – Bullish
Price and volume activity for MYL is bullish. MYL is experiencing sustained buying and has a rising price trend. The rank for MYL is based on positive Chaikin money flow, a positive Chaikin price trend and a negative Chaikin price trend ROC.
Expert Opinions – Bearish
Expert opinions about MYL are negative. Analysts’ opinions on MYL have been more negative recently and short interest in MYL is high. The rank for MYL is based on analysts revising earnings estimates upward, a high short interest ratio, insiders purchasing stock and pessimistic analyst opinions.