Is MYR Stock a Good Investment?
MYR Investment Advice | MYRG |
- Examine MYR's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MYR's leadership team and their track record. Good management can help MYR navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction & Engineering space and any emerging trends that could impact MYR's business and its evolving consumer preferences.
- Compare MYR's performance and market position to its competitors. Analyze how MYR is positioned in terms of product offerings, innovation, and market share.
- Check if MYR pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MYR's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MYR Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MYR Group is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Tiny | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine MYR Stock
Researching MYR's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of MYR was now reported as 37.57. The company had not issued any dividends in recent years.
To determine if MYR is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MYR's research are outlined below:
MYR Group has a very strong financial position based on the latest SEC filings | |
Over 98.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Increased Demand Lifted MYR Group in Q2 |
MYR Quarterly Cash And Short Term Investments |
|
MYR uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MYR Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MYR's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
28th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact MYR's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MYR's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2010-05-10 | 2010-03-31 | 0.11 | 0.13 | 0.02 | 18 | ||
2010-03-15 | 2009-12-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2009-08-10 | 2009-06-30 | 0.18 | 0.21 | 0.03 | 16 | ||
2015-05-06 | 2015-03-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2011-11-08 | 2011-09-30 | 0.24 | 0.2 | -0.04 | 16 | ||
2019-05-01 | 2019-03-31 | 0.39 | 0.44 | 0.05 | 12 | ||
2014-08-06 | 2014-06-30 | 0.41 | 0.36 | -0.05 | 12 | ||
2011-05-09 | 2011-03-31 | 0.16 | 0.21 | 0.05 | 31 |
MYR Target Price Consensus
MYR target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. MYR's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
5 | Strong Buy |
Most MYR analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand MYR stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of MYR Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMYR Target Price Projection
MYR's current and average target prices are 185.05 and 171.00, respectively. The current price of MYR is the price at which MYR Group is currently trading. On the other hand, MYR's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On MYR Target Price
MYR Analyst Ratings
MYR's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about MYR stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of MYR's financials, market performance, and future outlook by experienced professionals. MYR's historical ratings below, therefore, can serve as a valuable tool for investors.Know MYR's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MYR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MYR Group backward and forwards among themselves. MYR's institutional investor refers to the entity that pools money to purchase MYR's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | T. Rowe Price Investment Management,inc. | 2025-03-31 | 286.2 K | Jacobs Levy Equity Management, Inc. | 2025-03-31 | 286 K | Ack Asset Management Llc | 2025-03-31 | 279.1 K | Ameriprise Financial Inc | 2025-03-31 | 275.8 K | Charles Schwab Investment Management Inc | 2025-03-31 | 252.2 K | Verition Fund Managegment, Llc | 2025-03-31 | 238.3 K | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 219.7 K | Capital World Investors | 2025-03-31 | 219.2 K | Citadel Advisors Llc | 2025-03-31 | 217.5 K | Blackrock Inc | 2025-03-31 | 2.6 M | Vanguard Group Inc | 2025-03-31 | 1.1 M |
MYR's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.88 B.Market Cap |
|
MYR's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.02 | 0.03 | |
Return On Capital Employed | 0.07 | 0.10 | |
Return On Assets | 0.02 | 0.02 | |
Return On Equity | 0.05 | 0.04 |
Determining MYR's profitability involves analyzing its financial statements and using various financial metrics to determine if MYR is a good buy. For example, gross profit margin measures MYR's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MYR's profitability and make more informed investment decisions.
Evaluate MYR's management efficiency
MYR Group has return on total asset (ROA) of 0.0437 % which means that it generated a profit of $0.0437 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1256 %, meaning that it created $0.1256 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 Assets are 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 44.6 M, while Net Tangible Assets are projected to decrease to roughly 285.6 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 36.46 | 38.28 | |
Tangible Book Value Per Share | 25.00 | 26.25 | |
Enterprise Value Over EBITDA | 21.71 | 22.33 | |
Price Book Value Ratio | 4.08 | 3.88 | |
Enterprise Value Multiple | 21.71 | 22.33 | |
Price Fair Value | 4.08 | 3.88 | |
Enterprise Value | 401.2 M | 267.9 M |
The strategic initiatives led by MYR's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.169 |
Basic technical analysis of MYR Stock
As of the 9th of August, MYR secures the mean deviation of 1.26, and Risk Adjusted Performance of 0.1542. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of MYR Group, as well as the relationship between them. Please verify MYR Group variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if MYR Group is priced favorably, providing market reflects its recent price of 185.05 per share. Given that MYR Group has jensen alpha of 0.1887, we recommend you to check MYR's last-minute market performance to make sure the company can sustain itself next year.MYR's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MYR insiders, such as employees or executives, is commonly permitted as long as it does not rely on MYR's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MYR insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
MYR's Outstanding Corporate Bonds
MYR issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MYR Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MYR bonds can be classified according to their maturity, which is the date when MYR Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand MYR's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MYR's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.1542 | |||
Market Risk Adjusted Performance | 0.3283 | |||
Mean Deviation | 1.26 | |||
Semi Deviation | 1.31 | |||
Downside Deviation | 1.52 | |||
Coefficient Of Variation | 522.52 | |||
Standard Deviation | 1.58 | |||
Variance | 2.49 | |||
Information Ratio | 0.1138 | |||
Jensen Alpha | 0.1887 | |||
Total Risk Alpha | 0.0643 | |||
Sortino Ratio | 0.1179 | |||
Treynor Ratio | 0.3183 | |||
Maximum Drawdown | 6.52 | |||
Value At Risk | (2.36) | |||
Potential Upside | 2.68 | |||
Downside Variance | 2.32 | |||
Semi Variance | 1.71 | |||
Expected Short fall | (1.41) | |||
Skewness | (0.22) | |||
Kurtosis | (0.35) |
Risk Adjusted Performance | 0.1542 | |||
Market Risk Adjusted Performance | 0.3283 | |||
Mean Deviation | 1.26 | |||
Semi Deviation | 1.31 | |||
Downside Deviation | 1.52 | |||
Coefficient Of Variation | 522.52 | |||
Standard Deviation | 1.58 | |||
Variance | 2.49 | |||
Information Ratio | 0.1138 | |||
Jensen Alpha | 0.1887 | |||
Total Risk Alpha | 0.0643 | |||
Sortino Ratio | 0.1179 | |||
Treynor Ratio | 0.3183 | |||
Maximum Drawdown | 6.52 | |||
Value At Risk | (2.36) | |||
Potential Upside | 2.68 | |||
Downside Variance | 2.32 | |||
Semi Variance | 1.71 | |||
Expected Short fall | (1.41) | |||
Skewness | (0.22) | |||
Kurtosis | (0.35) |
Consider MYR's intraday indicators
MYR intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MYR stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 3951.06 | |||
Daily Balance Of Power | (0.13) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 185.53 | |||
Day Typical Price | 185.37 | |||
Price Action Indicator | (0.77) | |||
Period Momentum Indicator | (0.59) |
MYR Corporate Filings
8K | 8th of August 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
30th of April 2025 Other Reports | ViewVerify | |
F4 | 28th of April 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
6th of March 2025 Other Reports | ViewVerify |
MYR Stock media impact
There is far too much social signal, news, headlines, and media speculation about MYR that are available to investors today. This information is accessible both publicly - through MYR's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of MYR-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of MYR news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MYR relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MYR's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MYR alpha.
MYR Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MYR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
MYR Group Historical Investor Sentiment
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 and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average MYR news discussions. The higher the estimate score, the more favorable the investor's outlook on MYR.
MYR Corporate Management
Joe Anderson | VP Counsel | Profile | |
Joesph Anderson | VP Counsel | Profile | |
William JD | Chief VP | Profile | |
James Barrett | Vice Resources | Profile | |
D Lamont | ES Co | Profile | |
Jennifer Harper | VP Treasurer | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Construction & Engineering space 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 0.295 | Earnings Share 4.75 | Revenue Per Share | Quarterly Revenue Growth 0.086 | Return On Assets |
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.
In summary, please note that there is a difference between MYR's value and its price, as these two are different measures arrived at by various 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.