Did You Miss Myovant Sciences' (NYSE:MYOV) 79% Share Price Gain?
The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Myovant Sciences Ltd. (NYSE:MYOV) share price is up 79% in the last year, clearly besting the market return of around 46% (not including dividends). That's a solid performance by our standards! The longer term returns have not been as good, with the stock price only 5.4% higher than it was three years ago.
View our latest analysis for Myovant Sciences
Given that Myovant Sciences didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally expect to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
If you are thinking of buying or selling Myovant Sciences stock, you should check out this FREE detailed report on its balance sheet.
A Different Perspective
Pleasingly, Myovant Sciences' total shareholder return last year was 79%. That's better than the annualized TSR of 1.8% over the last three years. The improving returns to shareholders suggests the stock is becoming more popular with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Myovant Sciences is showing 2 warning signs in our investment analysis , and 1 of those can't be ignored...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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