Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
MYR Group (MYRG)
NASDAQ:MYRG
Holding MYRG?
Track your performance easily
MYRG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$86.60 - $181.02
Previous Close$97.88
Volume157.61K
Average Volume (3M)240.25K
Market Cap
$1.62B
Enterprise Value$1.70B
Total Cash (Recent Filing)$1.87M
Total Debt (Recent Filing)$89.25M
Price to Earnings (P/E)33.5
Beta1.09
Next Earnings
Oct 23, 2024EPS Estimate
$0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.92
Shares Outstanding16,507,773
10 Day Avg. Volume210,589
30 Day Avg. Volume240,250
Standard Deviation0.10
R-Squared0.23
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.55
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)18.30
P/FCF Ratio111.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.47
Enterprise Value/Gross Profit4.67
Enterprise Value/Ebitda20.63
Forecast
1Y Price Target
$125.00Price Target Upside27.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
MYR Group News
PremiumCompany Announcements
MYR Group Updates Investor Relations Materials for Q3 2024
Bulls Say, Bears Say
Bulls Say
Backlog GrowthBacklog ticked higher quarter over quarter for the first time in a year.
Management ConfidenceManagement bought stock.
Stock Buyback$16.3M of buybacks at $138.47 is the first meaningful buyback since early 2022.
Bears Say
Financial PerformanceRecent quarters have been volatile, with margins generally falling short.
Order BacklogDisappointing, backlog dipped lower again.
Project ChargesSignificant project charges, not earnings power changes.
---
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
MYRG FAQ
What was MYR Group’s price range in the past 12 months?
MYR Group lowest stock price was $86.60 and its highest was $181.02 in the past 12 months.
What is MYR Group’s market cap?
Currently, no data Available
When is MYR Group’s upcoming earnings report date?
MYR Group’s upcoming earnings report date is Oct 23, 2024 which is in 33 days.
How were MYR Group’s earnings last quarter?
MYR Group released its earnings results on Jul 31, 2024. The company reported -$0.91 earnings per share for the quarter, missing the consensus estimate of $1.128 by -$2.038.
Is MYR Group overvalued?
According to Wall Street analysts MYR Group’s price is currently Undervalued.
Does MYR Group pay dividends?
MYR Group does not currently pay dividends.
What is MYR Group’s EPS estimate?
MYR Group’s EPS estimate is $0.35.
How many shares outstanding does MYR Group have?
MYR Group has 16,507,772 shares outstanding.
What happened to MYR Group’s price movement after its last earnings report?
MYR Group reported an EPS of -$0.91 in its last earnings report, missing expectations of $1.128. Following the earnings report the stock price went down -22.409%.
Which hedge fund is a major shareholder of MYR Group?
Among the largest hedge funds holding MYR Group’s share is Neumeier Poma Investment Counsel LLC. It holds MYR Group’s shares valued at 29M.
---
MYR Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$125.00 (27.71% Upside)
$125.00 (27.71% Upside)
Blogger Sentiment
Bullish
MYRG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 13.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $343.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.47%
12-Months-Change
Fundamentals
Return on Equity
7.95%
Trailing 12-Months
Asset Growth
8.09%
Trailing 12-Months
Company Description
MYR Group
MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution; and Commercial and Industrial segments. The Transmission and Distribution segment provides engineering, procurement, construction, upgrade, maintenance, and repair services to high voltage transmission lines, substations, lower voltage underground, and overhead distribution systems. The Commercial and Industrial segment designs, installs, and maintains commercial and industrial wiring; traffic networks; and bridge, roadway, and tunnel lighting. The company was founded in 1995 and is headquartered in Rolling Meadows, IL.
---
MYRG Company Deck
---
MYRG Earnings Call
Q2 2024
0:00 / 0:00
---
MYRG Stock 12 Month Forecast
Average Price Target
$125.00
▲(27.71% Upside)
Technical Analysis
Best Analysts Covering MYRG
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
-1.85%
reiterated a buy rating 23 days ago
Copying Justin Hauke's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.85% per trade.
---