Henry Fayne - MYR Independent Director

MYRG Stock  USD 166.25  4.45  2.61%   

Director

Mr. Henry W. Fayne serves as an Independent Director of MYR Group Inc. Mr. Fayne has more than 30 years of experience with American Electric Power, an electric utility company servicing five million customers in 11 states. During his tenure with AEP from 1974 to 2004, he held senior positions in both finance and operations. Mr. Fayne last served as Executive Vice President of Energy Services and was responsible for transmission, distribution and customer relations operations for the AEP system, which employed approximately 15, 000 line workers. He also served as Chief Financial Officer and Executive Vice President Financial Services and was responsible for financial planning and budgeting, risk management, internal audits, accounting and treasury functions. After retiring from AEP in 2004, Mr. Fayne began providing advisory and consulting services to various companies, including Century Aluminum Company, and served as chairman of the board of directors for Southwest Generation, LLC, a privately held gasfired generating company, from July 2008 through September 2018. In addition to serving on our Board, Mr. Fayne currently serves as director and chairman of the Audit Committee of the board of directors for Murray Energy Corporationrationration, a privately held coal mining company as a director and chairman of the Audit Committee of Summit Utilities Inc., a privately held gas distribution company as cochairman of the board of directors of Almod Diamonds Ltd., a privately held retail jewelry company and as a director of the JP Morgan Infrastructure Investments Fund, a private equity investment fund that owns infrastructure companies in the United States and abroad since 2007.
Age 71
Tenure 17 years
Professional MarksMBA
Address 12121 Grant Street, Thornton, CO, United States, 80241
Phone303 286 8000
Webhttps://www.myrgroup.com
Fayne holds a Bachelor of Arts degree in economics from Columbia College of Columbia University and a MBA degree from Columbia Business School.

MYR Management Efficiency

The company has return on total asset (ROA) of 0.0524 % which means that it generated a profit of $0.0524 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1502 %, meaning that it created $0.1502 on every $100 dollars invested by stockholders. MYR's management efficiency ratios could be used to measure how well MYR manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MYR's Return On Equity is most likely to increase slightly in the upcoming years. At this time, MYR's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The MYR's current Other Current Assets is estimated to increase to about 48.9 M, while Net Tangible Assets are projected to decrease to roughly 285.6 M.
The company currently holds 73.61 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. MYR Group has a current ratio of 1.4, which is within standard range for the sector. Debt can assist MYR until it has trouble settling it off, either with new capital or with free cash flow. So, MYR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MYR Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MYR to invest in growth at high rates of return. When we think about MYR's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Hugh GrantTetra Tech
81
Lynn DugleKBR Inc
61
Frank BlountKBR Inc
75
Jeffrey CurtissKBR Inc
67
Kenneth ThompsonTetra Tech
63
Richard SlaterKBR Inc
68
Anthony FranceschiniStantec
65
John GibsonMatrix Service Co
65
Richard TrulyTetra Tech
77
Liane HinrichsMatrix Service Co
60
Albert SmithTetra Tech
68
Ivor RusteStantec
59
Patricia GallowayStantec
62
Tom MaxwellMatrix Service Co
72
Susan HartmanStantec
67
Carlos SabaterKBR Inc
62
Jim MoggMatrix Service Co
66
David EmersonStantec
68
Shelley BrownStantec
63
Joanne MaguireTetra Tech
64
James BlackwellKBR Inc
61
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company was founded in 1891 and is headquartered in Henderson, Colorado. MYR operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 7600 people. MYR Group (MYRG) is traded on NASDAQ Exchange in USA. It is located in 12121 Grant Street, Thornton, CO, United States, 80241 and employs 9,000 people. MYR is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

MYR Group Leadership Team

Elected by the shareholders, the MYR's board of directors comprises two types of representatives: MYR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MYR. The board's role is to monitor MYR's management team and ensure that shareholders' interests are well served. MYR's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MYR's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth Hartwick, Director
Gerald Engen, Chief Legal Officer, Sr. VP and Secretary
Arnaud Ajdler, Director
D Lamont, ES Co
Jennifer Harper, VP Treasurer
Kristine Walczak, IR Contact Officer
John Schauerman, Director
Steven Watts, I Contractors
Jeffrey Waneka, Senior Vice President COO - C&I
Kelly CFA, Senior CFO
Tod Cooper, Senior Vice President East
William Koertner, Chairman, CEO and Pres
William Green, Sr. VP
Brian Stern, Senior Distribution
Jack Alexander, Independent Director
William Patterson, Independent Director
Maurice Moore, Independent Director
Henry Fayne, Independent Director
James Barrett, Vice Resources
Jennifer Lowry, Director
William Fry, Vice President Chief Legal Officer and Corporate Secretary
Gary Johnson, Lead Independent Director
Richard Swartz, COO and Sr. VP
Bradley Favreau, Director
Don Egan, Senior Industrial
Larry Altenbaumer, Independent Director
Betty Johnson, CFO, Principal Accounting Officer, Sr. VP and Treasurer
R Thomson, Inc Construction
Philip Kranz, IR Contact Officer
Donald Lucky, Director

MYR Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MYR a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

MYR Investors Sentiment

The influence of MYR's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MYR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to MYR's public news can be used to forecast risks associated with an investment in MYR. The trend in average sentiment can be used to explain how an investor holding MYR can time the market purely based on public headlines and social activities around MYR Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MYR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MYR's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MYR's news discussions. The higher the estimated score, the more favorable is the investor's outlook on MYR.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MYR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MYR's short interest history, or implied volatility extrapolated from MYR options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for MYR Stock analysis

When running MYR's price analysis, check to measure MYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Is MYR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
5.39
Revenue Per Share
218.433
Quarterly Revenue Growth
0.162
Return On Assets
0.0524
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.