MYRG RSI Chart
Last 7 days
-7.9%
Last 30 days
-14.1%
Last 90 days
1.3%
Trailing 12 Months
14.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.6B | 0 | 0 | 0 |
2023 | 3.2B | 3.4B | 3.5B | 3.6B |
2022 | 2.5B | 2.6B | 2.8B | 3.0B |
2021 | 2.3B | 2.5B | 2.5B | 2.5B |
2020 | 2.1B | 2.2B | 2.2B | 2.2B |
2019 | 1.7B | 1.8B | 1.9B | 2.1B |
2018 | 1.4B | 1.4B | 1.5B | 1.5B |
2017 | 1.2B | 1.3B | 1.4B | 1.4B |
2016 | 1.1B | 1.1B | 1.1B | 1.1B |
2015 | 972.5M | 1.0B | 1.0B | 1.1B |
2014 | 917.0M | 932.0M | 947.6M | 944.0M |
2013 | 960.1M | 913.6M | 895.9M | 902.7M |
2012 | 870.3M | 945.4M | 985.5M | 999.0M |
2011 | 598.5M | 643.5M | 701.2M | 780.4M |
2010 | 0 | 619.8M | 608.4M | 597.1M |
2009 | 0 | 0 | 0 | 631.2M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold MYRG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | -% |
Unveiling MYR Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to MYR Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GE | 184.9B | 69.5B | 52.66 | 2.66 | ||||
CAT | 170.3B | 67.0B | 15.15 | 2.54 | ||||
CMI | 39.3B | 34.0B | 19.04 | 1.15 | ||||
AME | 39.3B | 6.7B | 29.78 | 5.83 | ||||
ACM | 12.7B | 15.3B | -919.7 | 0.83 | ||||
MID-CAP | ||||||||
APG | 10.4B | 6.9B | 60.31 | 1.5 | ||||
FLR | 6.6B | 15.5B | 21.65 | 0.43 | ||||
FLS | 6.4B | 4.4B | 27.24 | 1.44 | ||||
ACA | 4.3B | 2.4B | 29.91 | 1.81 | ||||
ALG | 2.3B | 1.7B | 17.34 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.2B | 1.4B | 19.9 | 0.83 | ||||
AGX | 860.7M | 573.3M | 26.6 | 1.5 | ||||
NKLA | 813.9M | 35.8M | -0.86 | 22.71 | ||||
AMSC | 415.9M | 135.4M | -25.36 | 3.07 | ||||
ADES | 260.9M | 99.2M | -21.3 | 2.63 |
MYR Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -18.8% | 816 | 1,004 | 939 | 889 | 812 | 864 | 800 | 708 | 637 | 646 | 610 | 650 | 592 | 608 | 608 | 513 | 518 | 571 | 583 | 449 | 468 |
Gross Profit | -11.5% | 86.00 | 97.00 | 92.00 | 90.00 | 84.00 | 96.00 | 86.00 | 81.00 | 80.00 | 83.00 | 84.00 | 81.00 | 77.00 | 76.00 | 76.00 | 61.00 | 62.00 | 69.00 | 59.00 | 43.00 | 43.00 |
S&GA Expenses | 3.7% | 62.00 | 60.00 | 60.00 | 58.00 | 57.00 | 58.00 | 59.00 | 52.00 | 54.00 | 53.00 | 53.00 | 52.00 | 50.00 | 51.00 | 51.00 | 41.00 | 45.00 | 48.00 | 42.00 | 34.00 | 33.00 |
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% | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
Income Taxes | -63.7% | 4.00 | 11.00 | 9.00 | 9.00 | 4.00 | 11.00 | 8.00 | 8.00 | 4.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 5.00 | 4.00 | 5.00 | 4.00 | 2.00 | 3.00 |
Earnings Before Taxes | -34.9% | 23.00 | 35.00 | 31.00 | 32.00 | 27.00 | 36.00 | 26.00 | 28.00 | 24.00 | 29.00 | 31.00 | 29.00 | 27.00 | 25.00 | 24.00 | 18.00 | 14.00 | 18.00 | 14.00 | 9.00 | 9.00 |
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% | 19.00 | 24.00 | 22.00 | 22.00 | 23.00 | 25.00 | 18.00 | 20.00 | 21.00 | 21.00 | 23.00 | 21.00 | 20.00 | 18.00 | 17.00 | 13.00 | 10.00 | 13.00 | 10.00 | 7.00 | 7.00 |
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% | -18.09 | 22.00 | -9.51 | -43.43 | 18.00 | 65.00 | -4.49 | 22.00 | 7.00 | 9.00 | 8.00 | 15.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.3% | 1,583 | 1,579 | 1,561 | 1,465 | 1,360 | 1,399 | 1,330 | 1,264 | 1,206 | 1,121 | 1,064 | 1,051 | 1,019 | 996 | 1,019 | 950 | 993 | 1,008 | 988 | 807 | 795 |
Current Assets | 0.0% | 1,026 | 1,026 | 1,032 | 940 | 848 | 890 | 835 | 784 | 716 | 748 | 701 | 691 | 665 | 637 | 659 | 595 | 629 | 639 | 639 | 513 | 506 |
Cash Equivalents | -84.3% | 4.00 | 25.00 | 30.00 | 23.00 | 47.00 | 51.00 | 36.00 | 22.00 | 19.00 | 82.00 | 73.00 | 68.00 | 73.00 | 23.00 | 19.00 | 10.00 | 34.00 | 12.00 | 9.00 | 4.00 | 1.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 182 | 184 | 185 | 178 | 169 | 163 |
Goodwill | -0.9% | 116 | 117 | 116 | 117 | 116 | 116 | 115 | 108 | 111 | 44.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 9.00 | 57.00 |
Liabilities | -0.8% | 920 | 928 | 935 | 861 | 783 | 839 | 794 | 733 | 669 | 602 | 568 | 579 | 571 | 567 | 610 | 561 | 618 | 643 | 637 | 468 | 464 |
Current Liabilities | -2.0% | 732 | 747 | 741 | 685 | 625 | 667 | 585 | 565 | 498 | 499 | 456 | 470 | 448 | 443 | 460 | 404 | 378 | 397 | 394 | 304 | 294 |
Long Term Debt | 7.3% | 31.00 | 29.00 | 57.00 | 40.00 | 20.00 | 35.00 | 81.00 | 54.00 | 49.00 | 3.00 | 4.00 | 7.00 | 25.00 | 25.00 | 66.00 | 75.00 | 153 | 157 | 172 | 100 | 106 |
LT Debt, Current | -6.2% | 7.00 | 7.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 4.00 | 4.00 | 4.00 | 7.00 | 8.00 | 9.00 | 7.00 | 7.00 | 4.00 |
LT Debt, Non Current | -100.0% | - | 29.00 | 57.00 | 40.00 | 20.00 | 35.00 | 81.00 | 54.00 | 49.00 | 3.00 | 4.00 | 7.00 | 25.00 | 25.00 | 66.00 | 75.00 | 153 | 157 | 172 | 100 | 106 |
Shareholder's Equity | 1.9% | 664 | 651 | 625 | 604 | 578 | 560 | 536 | 531 | 536 | 519 | 496 | 472 | 448 | 429 | 409 | 389 | 375 | 364 | 351 | 339 | 331 |
Retained Earnings | 3.8% | 511 | 493 | 471 | 450 | 427 | 405 | 384 | 374 | 375 | 355 | 334 | 311 | 290 | 270 | 252 | 235 | 222 | 212 | 199 | 189 | 182 |
Additional Paid-In Capital | -2.2% | 159 | 162 | 161 | 159 | 156 | 161 | 160 | 159 | 159 | 164 | 162 | 160 | 158 | 159 | 156 | 155 | 153 | 153 | 151 | 150 | 149 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 284 | 276 | 273 | 269 | 266 | 261 |
Shares Outstanding | 0.5% | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 | 1.00 |
Float | - | - | - | - | 1,910 | - | - | - | 1,210 | - | - | - | 1,270 | - | - | - | 381 | - | - | - | 507 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -82.0% | 7,690 | 42,624 | 12,548 | -21,314 | 37,158 | 93,758 | 13,607 | 38,652 | 21,467 | 29,013 | 19,653 | 29,172 | 59,390 | 46,541 | 30,703 | 62,680 | 35,243 | 33,154 | 24,346 | 15,604 | -8,205 |
Share Based Compensation | 5.7% | 1,917 | 1,814 | 2,258 | 2,322 | 1,982 | 2,056 | 2,178 | 2,064 | 1,624 | 2,146 | 1,915 | 1,948 | 1,487 | 1,884 | 1,631 | 1,093 | 1,080 | 1,142 | 1,108 | 1,202 | 951 |
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 Financing | 84.8% | -4,450 | -29,236 | 16,917 | 17,064 | -23,113 | -50,998 | 21,374 | -17,617 | 37,969 | -492 | -3,681 | -21,153 | -2,769 | -27,692 | -11,838 | -79,694 | -5,072 | -12,660 | 70,362 | 4,590 | 11,064 |
Buy Backs | 104.5% | 5,866 | 2,868 | - | -7,936 | 7,936 | 1,076 | 9,899 | 23,467 | 6,791 | - | -1,676 | 734 | 2,618 | -426 | 1.00 | -1.00 | 426 | - | - | - | 778 |
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 costs | 729,319 | 727,224 |
Gross profit | 86,243 | 84,392 |
Selling, general and administrative expenses | 62,233 | 56,964 |
Amortization of intangible assets | 1,228 | 1,226 |
Gain on sale of property and equipment | (1,489) | (1,224) |
Income from operations | 24,271 | 27,426 |
Other income (expense): | ||
Interest income | 142 | 321 |
Interest expense | (1,054) | (586) |
Other expense, net | (263) | (90) |
Income before provision for income taxes | 23,096 | 27,071 |
Income tax expense | 4,157 | 3,908 |
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) | 16,711 | 16,618 |
Diluted (in shares) | 16,837 | 16,824 |
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 |
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, respectively | 527,069 | 521,893 |
Contract assets, net of allowances of $575 and $610, respectively | 450,741 | 420,616 |
Current portion of receivable for insurance claims in excess of deductibles | 8,215 | 8,267 |
Refundable income taxes | 1,754 | 4,034 |
Prepaid expenses and other current assets | 34,497 | 46,535 |
Total current assets | 1,026,187 | 1,026,244 |
Property and equipment, net of accumulated depreciation of $383,009 and $380,465, respectively | 272,569 | 268,978 |
Operating lease right-of-use assets | 38,515 | 35,012 |
Goodwill | 115,865 | 116,953 |
Intangible assets, net of accumulated amortization of $31,564 and $30,534, respectively | 81,449 | 83,516 |
Receivable for insurance claims in excess of deductibles | 33,594 | 33,739 |
Investment in joint ventures | 9,461 | 8,707 |
Other assets | 5,850 | 5,597 |
Total assets | 1,583,490 | 1,578,746 |
Current liabilities: | ||
Current portion of long-term debt | 6,617 | 7,053 |
Current portion of operating lease obligations | 9,918 | 9,237 |
Current portion of finance lease obligations | 1,845 | 2,039 |
Accounts payable | 321,277 | 359,363 |
Contract liabilities | 270,964 | 240,411 |
Current portion of accrued self-insurance | 24,623 | 28,269 |
Accrued income taxes | 1,185 | 237 |
Other current liabilities | 95,929 | 100,593 |
Total current liabilities | 732,358 | 747,202 |
Deferred income tax liabilities | 47,829 | 48,230 |
Long-term debt | 31,315 | 29,188 |
Accrued self-insurance | 51,007 | 51,796 |
Operating lease obligations, net of current maturities | 28,592 | 25,775 |
Finance lease obligations, net of current maturities | 184 | 314 |
Other liabilities | 28,485 | 25,039 |
Total liabilities | 919,770 | 927,544 |
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, 2023 | 0 | 0 |
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, respectively | 167 | 167 |
Additional paid-in capital | 158,791 | 162,386 |
Accumulated other comprehensive loss | (6,352) | (3,880) |
Retained earnings | 511,114 | 492,529 |
Total shareholders’ equity | 663,720 | 651,202 |
Total liabilities and shareholders’ equity | $ 1,583,490 | $ 1,578,746 |