Based on the MYR Group Inc stock forecast from 4 analysts, the average analyst target price for MYR Group Inc is USD 144.71 over the next 12 months. MYR Group Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of MYR Group Inc is Slightly Bearish, which is based on 5 positive signals and 8 negative signals. At the last closing, MYR Group Inc’s stock price was USD 113.01. MYR Group Inc’s stock price has changed by +7.15% over the past week, -3.58% over the past month and -32.21% over the last year.
No recent analyst target price found for MYR Group Inc
No recent average analyst rating found for MYR Group Inc
Company Overview MYR Group Inc
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments: Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado. Read Less
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments: Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of service...Read More
Frequently Asked Questions About MYR Group Inc (MYRG) Stock
Based on ratings from 4 analysts MYR Group Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has 6 buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on MYRG's stock to indicate if its a good dividend stock.
Based on targets from 4 analysts, the average taret price for MYRG is USD 144.71 over the next 12 months. The maximum analyst target price is USD 172 while the minimum anlayst target price is USD 124.
MYRG stock's Price/Earning ratio is 57.54.
Our analysis grades MYRG stock's Price / Earning ratio at F. This means that MYRG stock's Price/Earning ratio is above 75% of the stocks in the Engineering & Construction sector in the NSD exchange.
Based on this MYRG may be a overvalued for its sector.
The last closing price of MYRG's stock was USD 113.01.
The most recent market capitalization for MYRG is USD 1.70B.
Based on targets from 4 analysts, the average taret price for MYRG is projected at USD 144.71 over the next 12 months.
This means that MYRG's stock price may go up by +28.05% over the next 12 months.
We can't find any ETFs which contains MYR Group Inc's stock.
As per our most recent records MYR Group Inc has 8,500 Employees.
MYR Group Inc's registered address is 12121 Grant Street, Thornton, CO, United States, 80241.
You can get more information about it from MYR Group Inc's website at https://www.myrgroup.com.
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
What not to like
Poor capital utilization
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
Poor return on assets
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Poor return on equity
The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About MYR Group Inc (MYRG) Stock
Based on ratings from 4 analysts MYR Group Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has 6 buy, sell and 1 hold ratings.
Unfortunately we do not have enough data on MYRG's stock to indicate if its a good dividend stock.
Based on targets from 4 analysts, the average taret price for MYRG is USD 144.71 over the next 12 months. The maximum analyst target price is USD 172 while the minimum anlayst target price is USD 124.
MYRG stock's Price/Earning ratio is 57.54.
Our analysis grades MYRG stock's Price / Earning ratio at F. This means that MYRG stock's Price/Earning ratio is above 75% of the stocks in the Engineering & Construction sector in the NSD exchange.
Based on this MYRG may be a overvalued for its sector.
The last closing price of MYRG's stock was USD 113.01.
The most recent market capitalization for MYRG is USD 1.70B.
Based on targets from 4 analysts, the average taret price for MYRG is projected at USD 144.71 over the next 12 months.
This means that MYRG's stock price may go up by +28.05% over the next 12 months.
We can't find any ETFs which contains MYR Group Inc's stock.
As per our most recent records MYR Group Inc has 8,500 Employees.
MYR Group Inc's registered address is 12121 Grant Street, Thornton, CO, United States, 80241.
You can get more information about it from MYR Group Inc's website at https://www.myrgroup.com.
Add to Watchlists
loading..
Thank you for Sharing your Stock Targets for MYRG !
Loading...
Please login to proceed
Sorry - extended search is only available for registered users.
