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MYRG

MYRG - MYR Group Inc Stock Price, Fair Value and News

154.64USD+1.05 (+0.68%)Delayed as of 08 May 2024, 02:53 pm ET

Market Summary

MYRG
USD154.64+1.05
Delayedas of 08 May 2024, 02:53 pm
0.68%

MYRG Stock Price

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MYRG RSI Chart

MYRG Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

29.68

Price/Sales (Trailing)

0.71

EV/EBITDA

14.4

Price/Free Cashflow

-52.17

MYRG Price/Sales (Trailing)

MYRG Profitability

EBT Margin

3.32%

Return on Equity

13.07%

Return on Assets

5.48%

Free Cashflow Yield

-1.92%

MYRG Fundamentals

MYRG Revenue

Revenue (TTM)

3.6B

Rev. Growth (Yr)

0.49%

Rev. Growth (Qtr)

-18.78%

MYRG Earnings

Earnings (TTM)

86.8M

Earnings Growth (Yr)

-18.24%

Earnings Growth (Qtr)

-21.23%

Breaking Down MYRG Revenue

52 Week Range

125.22156.63
(Low)(High)

Last 7 days

-7.9%

Last 30 days

-14.1%

Last 90 days

1.3%

Trailing 12 Months

14.5%

How does MYRG drawdown profile look like?

MYRG Financial Health

Current Ratio

1.4

Debt/Equity

0.05

Debt/Cashflow

1.33

MYRG Investor Care

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

5.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.6B000
20233.2B3.4B3.5B3.6B
20222.5B2.6B2.8B3.0B
20212.3B2.5B2.5B2.5B
20202.1B2.2B2.2B2.2B
20191.7B1.8B1.9B2.1B
20181.4B1.4B1.5B1.5B
20171.2B1.3B1.4B1.4B
20161.1B1.1B1.1B1.1B
2015972.5M1.0B1.0B1.1B
2014917.0M932.0M947.6M944.0M
2013960.1M913.6M895.9M902.7M
2012870.3M945.4M985.5M999.0M
2011598.5M643.5M701.2M780.4M
20100619.8M608.4M597.1M
2009000631.2M
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Tracking the Latest Insider Buys and Sells of MYR Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 20, 2024
hartwick kenneth michael
acquired
-
-
1,277
-
Apr 20, 2024
patterson william
acquired
-
-
877
-
Apr 20, 2024
o'connor shirin
acquired
-
-
877
-
Apr 20, 2024
karna ajoy hari
acquired
-
-
877
-
Apr 20, 2024
lowry jennifer elaine
acquired
-
-
877
-
Apr 20, 2024
favreau bradley thede
acquired
-
-
877
-
Apr 20, 2024
lucky donald c.i.
acquired
-
-
877
-
Mar 23, 2024
swartz richard s. jr.
acquired
-
-
9,904
president and ceo
Mar 23, 2024
fry william
sold (taxes)
-155,613
172
-902
svp, clo and secretary
Mar 23, 2024
egan don a.
sold (taxes)
-52,446
172
-304
svp and coo c&i

1–10 of 50

Which funds bought or sold MYRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
CORBYN INVESTMENT MANAGEMENT INC/MD
reduced
-2.94
2,361,550
15,045,300
6.66%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-22.08
-18,925
377,361
-%
May 06, 2024
Parallel Advisors, LLC
unchanged
-
32.00
177
-%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
added
125
2,050,000
3,218,000
0.02%
May 06, 2024
MITCHELL CAPITAL MANAGEMENT CO
added
6.19
1,409,030
6,141,180
1.18%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-5,785
-
-%
May 06, 2024
Quantbot Technologies LP
sold off
-100
-365,191
-
-%
May 06, 2024
DUALITY ADVISERS, LP
unchanged
-
90,900
500,203
0.05%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.31
497,058
2,584,790
0.02%
May 06, 2024
SG Americas Securities, LLC
new
-
208,000
208,000
-%

1–10 of 48

Are Funds Buying or Selling MYRG?

Are funds buying MYRG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MYRG
No. of Funds

Unveiling MYR Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
7.55%
1,260,930
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
4.5%
756,891
SC 13G/A
Jan 19, 2024
blackrock inc.
18.2%
3,040,670
SC 13G/A
Feb 14, 2023
macquarie group ltd
4.92%
815,991
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.6%
1,103,678
SC 13G/A
Feb 09, 2023
vanguard group inc
7.46%
1,238,381
SC 13G/A
Jan 23, 2023
blackrock inc.
17.9%
2,968,756
SC 13G/A
Feb 14, 2022
macquarie group ltd
7.12%
1,201,272
SC 13G/A
Feb 10, 2022
vanguard group inc
6.81%
1,149,042
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
7.2%
1,215,264
SC 13G/A

Recent SEC filings of MYR Group Inc

View All Filings
Date Filed Form Type Document
May 06, 2024
8-K
Current Report
May 06, 2024
S-8
Employee Benefits Plan
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 29, 2024
8-K
Current Report
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading

Peers (Alternatives to MYR Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.9B
69.5B
8.06% 67.36%
52.66
2.66
16.04% -60.91%
170.3B
67.0B
-9.08% 60.56%
15.15
2.54
8.59% 58.17%
39.3B
34.0B
-4.51% 28.32%
19.04
1.15
12.85% -19.64%
39.3B
6.7B
-6.90% 16.98%
29.78
5.83
7.11% 10.53%
12.7B
15.3B
-4.38% 12.87%
-919.7
0.83
13.36% -103.70%
MID-CAP
10.4B
6.9B
-3.72% 71.49%
60.31
1.5
3.19% 62.26%
6.6B
15.5B
-9.24% 41.30%
21.65
0.43
7.53% 3145.00%
6.4B
4.4B
1.21% 34.95%
27.24
1.44
17.31% 1.26%
4.3B
2.4B
5.11% 29.61%
29.91
1.81
4.48% -49.27%
2.3B
1.7B
-11.20% 6.69%
17.34
1.37
8.96% 15.52%
SMALL-CAP
1.2B
1.4B
-1.11% -47.47%
19.9
0.83
-13.54% -25.70%
860.7M
573.3M
29.46% 61.61%
26.6
1.5
26.00% -2.24%
813.9M
35.8M
-41.18% -39.08%
-0.86
22.71
-27.93% -18.06%
415.9M
135.4M
5.46% 246.92%
-25.36
3.07
-25.90% 65.37%
260.9M
99.2M
23.04% 300.51%
-21.3
2.63
-3.69% -37.37%

MYR Group Inc News

Latest updates
Simply Wall St • 7 hours ago
Defense World • 06 May 2024 • 11:00 am
Simply Wall St • 03 May 2024 • 10:21 am
GuruFocus.com • 02 May 2024 • 11:01 pm

MYR Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-18.8%8161,004939889812864800708637646610650592608608513518571583449468
Gross Profit-11.5%86.0097.0092.0090.0084.0096.0086.0081.0080.0083.0084.0081.0077.0076.0076.0061.0062.0069.0059.0043.0043.00
  S&GA Expenses3.7%62.0060.0060.0058.0057.0058.0059.0052.0054.0053.0053.0052.0050.0051.0051.0041.0045.0048.0042.0034.0033.00
EBITDA Margin-2.0%0.05*0.05*0.05*0.05*0.05*0.06*0.06*0.06*0.06*0.06*0.06*0.06*---------
Interest Expenses-43.9%1.002.001.001.001.001.001.001.000.000.000.001.000.001.001.001.002.002.002.001.001.00
Income Taxes-63.7%4.0011.009.009.004.0011.008.008.004.009.008.008.007.007.007.005.004.005.004.002.003.00
Earnings Before Taxes-34.9%23.0035.0031.0032.0027.0036.0026.0028.0024.0029.0031.0029.0027.0025.0024.0018.0014.0018.0014.009.009.00
EBT Margin-3.3%0.03*0.03*0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.05*0.05*0.04*---------
Net Income-21.2%19.0024.0022.0022.0023.0025.0018.0020.0021.0021.0023.0021.0020.0018.0017.0013.0010.0013.0010.007.007.00
Net Income Margin-4.7%0.02*0.02*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.03*---------
Free Cashflow-183.5%-18.0922.00-9.51-43.4318.0065.00-4.4922.007.009.008.0015.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.3%1,5831,5791,5611,4651,3601,3991,3301,2641,2061,1211,0641,0511,0199961,0199509931,008988807795
  Current Assets0.0%1,0261,0261,032940848890835784716748701691665637659595629639639513506
    Cash Equivalents-84.3%4.0025.0030.0023.0047.0051.0036.0022.0019.0082.0073.0068.0073.0023.0019.0010.0034.0012.009.004.001.00
  Net PPE----------------182184185178169163
  Goodwill-0.9%11611711611711611611510811144.0066.0066.0066.0066.0066.0066.0066.0066.0066.009.0057.00
Liabilities-0.8%920928935861783839794733669602568579571567610561618643637468464
  Current Liabilities-2.0%732747741685625667585565498499456470448443460404378397394304294
  Long Term Debt7.3%31.0029.0057.0040.0020.0035.0081.0054.0049.003.004.007.0025.0025.0066.0075.00153157172100106
    LT Debt, Current-6.2%7.007.005.005.005.005.005.001.001.001.001.002.004.004.004.007.008.009.007.007.004.00
    LT Debt, Non Current-100.0%-29.0057.0040.0020.0035.0081.0054.0049.003.004.007.0025.0025.0066.0075.00153157172100106
Shareholder's Equity1.9%664651625604578560536531536519496472448429409389375364351339331
  Retained Earnings3.8%511493471450427405384374375355334311290270252235222212199189182
  Additional Paid-In Capital-2.2%159162161159156161160159159164162160158159156155153153151150149
Accumulated Depreciation----------------284276273269266261
Shares Outstanding0.5%17.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.00---------
Minority Interest-----------0.000.000.000.000.000.000.000.000.00-0.101.00
Float----1,910---1,210---1,270---381---507-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-82.0%7,69042,62412,548-21,31437,15893,75813,60738,65221,46729,01319,65329,17259,39046,54130,70362,68035,24333,15424,34615,604-8,205
  Share Based Compensation5.7%1,9171,8142,2582,3221,9822,0562,1782,0641,6242,1461,9151,9481,4871,8841,6311,0931,0801,1421,1081,202951
Cashflow From Investing-23.6%-23,904-19,335-21,394-20,323-18,076-28,193-17,773-16,174-123,586-19,087-10,852-12,980-6,380-15,603-10,018-7,037-8,268-17,321-89,873-17,224-9,079
Cashflow From Financing84.8%-4,450-29,23616,91717,064-23,113-50,99821,374-17,61737,969-492-3,681-21,153-2,769-27,692-11,838-79,694-5,072-12,66070,3624,59011,064
  Buy Backs104.5%5,8662,868--7,9367,9361,0769,89923,4676,791--1,6767342,618-4261.00-1.00426---778
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MYRG Income Statement

2024-03-31
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Contract revenues$ 815,562$ 811,616
Contract costs729,319727,224
Gross profit86,24384,392
Selling, general and administrative expenses62,23356,964
Amortization of intangible assets1,2281,226
Gain on sale of property and equipment(1,489)(1,224)
Income from operations24,27127,426
Other income (expense):  
Interest income142321
Interest expense(1,054)(586)
Other expense, net(263)(90)
Income before provision for income taxes23,09627,071
Income tax expense4,1573,908
Net income$ 18,939$ 23,163
Income per common share:  
Basic (in dollars per share)$ 1.13$ 1.39
Diluted (in dollars per share)$ 1.12$ 1.38
Weighted average number of common shares and potential common shares outstanding:  
Basic (in shares)16,71116,618
Diluted (in shares)16,83716,824
Net income$ 18,939$ 23,163
Other comprehensive income (loss):  
Foreign currency translation adjustment(2,472)136
Other comprehensive income (loss)(2,472)136
Total comprehensive income$ 16,467$ 23,299

MYRG Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 3,911$ 24,899
Accounts receivable, net of allowances of $946 and $1,987, respectively527,069521,893
Contract assets, net of allowances of $575 and $610, respectively450,741420,616
Current portion of receivable for insurance claims in excess of deductibles8,2158,267
Refundable income taxes1,7544,034
Prepaid expenses and other current assets34,49746,535
Total current assets1,026,1871,026,244
Property and equipment, net of accumulated depreciation of $383,009 and $380,465, respectively272,569268,978
Operating lease right-of-use assets38,51535,012
Goodwill115,865116,953
Intangible assets, net of accumulated amortization of $31,564 and $30,534, respectively81,44983,516
Receivable for insurance claims in excess of deductibles33,59433,739
Investment in joint ventures9,4618,707
Other assets5,8505,597
Total assets1,583,4901,578,746
Current liabilities:  
Current portion of long-term debt6,6177,053
Current portion of operating lease obligations9,9189,237
Current portion of finance lease obligations1,8452,039
Accounts payable321,277359,363
Contract liabilities270,964240,411
Current portion of accrued self-insurance24,62328,269
Accrued income taxes1,185237
Other current liabilities95,929100,593
Total current liabilities732,358747,202
Deferred income tax liabilities47,82948,230
Long-term debt31,31529,188
Accrued self-insurance51,00751,796
Operating lease obligations, net of current maturities28,59225,775
Finance lease obligations, net of current maturities184314
Other liabilities28,48525,039
Total liabilities919,770927,544
Commitments and contingencies
Shareholders’ equity:  
Preferred stock—$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at March 31, 2024 and December 31, 202300
Common stock—$0.01 par value per share; 100,000,000 authorized shares; 16,761,942 and 16,684,492 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively167167
Additional paid-in capital158,791162,386
Accumulated other comprehensive loss(6,352)(3,880)
Retained earnings511,114492,529
Total shareholders’ equity663,720651,202
Total liabilities and shareholders’ equity$ 1,583,490$ 1,578,746
MYRG
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in 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 limited gas construction services, as well as emergency restoration services in response to wildfire, ice, or other related damages. This segment serves as a 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 and transportation control, and management systems.. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Thornton, Colorado.
 CEO
 WEBSITEmyrgroup.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES8500

MYR Group Inc Frequently Asked Questions


What is the ticker symbol for MYR Group Inc? What does MYRG stand for in stocks?

MYRG is the stock ticker symbol of MYR Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MYR Group Inc (MYRG)?

As of Tue May 07 2024, market cap of MYR Group Inc is 2.58 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MYRG stock?

You can check MYRG's fair value in chart for subscribers.

What is the fair value of MYRG stock?

You can check MYRG's fair value in chart for subscribers. The fair value of MYR Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MYR Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MYRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MYR Group Inc a good stock to buy?

The fair value guage provides a quick view whether MYRG is over valued or under valued. Whether MYR Group Inc is cheap or expensive depends on the assumptions which impact MYR Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MYRG.

What is MYR Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MYRG's PE ratio (Price to Earnings) is 29.68 and Price to Sales (PS) ratio is 0.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MYRG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MYR Group Inc's stock?

In the past 10 years, MYR Group Inc has provided 0.206 (multiply by 100 for percentage) rate of return.