MYR Group, Inc. (MYRG): Price and Financial Metrics


MYR Group, Inc. (MYRG): $62.57

0.79 (+1.28%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MYRG Stock Summary

  • Myr Group Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 92.82% of US listed stocks.
  • With a price/sales ratio of 0.47, Myr Group Inc has a higher such ratio than just 9.39% of stocks in our set.
  • With a year-over-year growth in debt of -53.97%, Myr Group Inc's debt growth rate surpasses just 5.61% of about US stocks.
  • If you're looking for stocks that are quantitatively similar to Myr Group Inc, a group of peers worth examining would be BBSI, ZUMZ, SAFT, STRT, and CVCO.
  • Visit MYRG's SEC page to see the company's official filings. To visit the company's web site, go to www.myrgroup.com.

MYRG Stock Price Chart Interactive Chart >

Price chart for MYRG

MYRG Price/Volume Stats

Current price $62.57 52-week high $67.78
Prev. close $61.78 52-week low $16.33
Day low $61.33 Volume 75,813
Day high $64.12 Avg. volume 121,789
50-day MA $60.54 Dividend yield N/A
200-day MA $44.24 Market Cap 1.05B

MYR Group, Inc. (MYRG) Company Bio


MYR Group Inc. provides electrical construction services in the United States and Canada. It operates through two segments, Transmission and Distribution, and Commercial and Industrial. The company was founded in 1891 and is based in Rolling Meadows, Illinois.

MYRG Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$62.57$218.25 253%

Below please find a table outlining a discounted cash flow forecast for MYRG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Myr Group Inc ranked in the 77th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 255%. The most interesting components of our discounted cash flow analysis for Myr Group Inc ended up being:

  • The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately just 24.53% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • MYRG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 37.35% of tickers in our DCF set.
  • As a business, Myr Group Inc experienced a tax rate of about 21% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 83.45% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%246%
1%250%
2%253%
3%257%
4%260%
5%264%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MYRG, try BGSF, VNT, UUU, APWC, and OBCI.


MYRG Latest News Stream


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Latest MYRG News From Around the Web

Below are the latest news stories about Myr Group Inc that investors may wish to consider to help them evaluate MYRG as an investment opportunity.

Earnings Preview: MYR Group

MYR Group (NASDAQ:MYRG) will be releasing its next round of earnings this Wednesday, March 03. For all of the relevant information, here is your guide for Wednesday's Q4 earnings announcement. Net Income, Earnings, And Earnings Per Share Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding. Earnings And Revenue Wall Street analysts see MYR Group reporting earnings of $0.79 per share on revenue of $580.86 million. In the same quarter last year, MYR Group reported earnings per share of $0.76 on sales of $571.08 million. Why Analyst Estimates And Earnings Surprises Are Important...

Yahoo | March 2, 2021

MYR Group (MYRG), Entrusted with Third Avenue Management’s Largest Stake

Third Avenue Management, a disciplined, value-oriented asset manager and investment fund, published its ‘Small-Cap Value Fund’ third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 11.41% was recorded by the fund for the 3rd Quarter of 2020, below its Russell 2000 Value benchmark that returned 18.91%. You can view […]

Yahoo | January 18, 2021

The Zacks Analyst Blog Highlights: Enova, Malibu Boats, MYR, Nexstar and E.W. Scripps

The Zacks Analyst Blog Highlights: Enova, Malibu Boats, MYR, Nexstar and E.W. Scripps

Yahoo | December 24, 2020

5 Safe Growth Bets as We Enter 2021

We are on the brink of what promises to be a fantastic year for investors, and it would pay to choose wisely.

Yahoo | December 23, 2020

Is MYRG A Good Stock To Buy Now?

In this article we will analyze whether MYR Group Inc (NASDAQ:MYRG) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead […]

Yahoo | December 11, 2020

Read More 'MYRG' Stories Here

MYRG Price Returns

1-mo 10.68%
3-mo 16.26%
6-mo 67.57%
1-year 139.55%
3-year 92.05%
5-year 153.53%
YTD 4.11%
2020 84.41%
2019 15.69%
2018 -21.16%
2017 -5.18%
2016 82.82%

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