Myr Group Stock Performance
| MYRG Stock | USD 117.24 6.58 5.95% |
The company secures a Beta (Market Risk) of 2.57, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MYR will likely underperform. At this point, MYR Group has a negative expected return of -0.26%. Please make sure to verify MYR's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if MYR Group performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days MYR Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in November 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return 5.95 | Five Day Return 11.64 | Year To Date Return (17.84) | Ten Year Return 401.45 | All Time Return 606.27 |
1 | Disposition of 265 shares by William Fry of MYR at 172.52 subject to Rule 16b-3 | 07/19/2024 |
2 | MYRG Stock Earnings MYR Group Misses EPS, Misses Revenue for Q2 2024 | 08/01/2024 |
3 | Acquisition by Huntington Kelly Michelle of 2000 shares of MYR at 99.505 subject to Rule 16b-3 | 08/09/2024 |
4 | Undervalued Small Caps With Insider Action To Watch In August 2024 | 08/21/2024 |
5 | Around 2M Bet On HighPeak Energy Check Out These 3 Stocks Executives Are Buying | 08/30/2024 |
6 | Disposition of 515 shares by Don Egan of MYR subject to Rule 16b-3 | 09/04/2024 |
7 | Is the Options Market Predicting a Spike in MYR Group Stock | 09/06/2024 |
8 | Acquisition by Huntington Kelly Michelle of 500 shares of MYR at 88.64 subject to Rule 16b-3 | 09/09/2024 |
9 | MYR Group And 2 Other Undervalued Small Caps In United States With Insider Buying | 09/13/2024 |
10 | Undervalued Small Caps In United States With Insider Buying For September 2024 | 09/23/2024 |
11 | Top 3 Undervalued Small Caps In United States With Insider Activity September 2024 | 09/30/2024 |
12 | Three Undervalued Small Caps With Insider Action To Consider | 10/04/2024 |
13 | MYR Group Inc Stock Price Up 3.43 percent on Oct 9 | 10/09/2024 |
| Begin Period Cash Flow | 51 M |
MYR |
MYR Relative Risk vs. Return Landscape
If you would invest 14,596 in MYR Group on July 12, 2024 and sell it today you would lose (2,872) from holding MYR Group or give up 19.68% of portfolio value over 90 days. MYR Group is currently does not generate positive expected returns and assumes 3.9772% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than MYR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MYR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MYR's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MYR Group, and traders can use it to determine the average amount a MYR's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0646
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MYRG |
Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MYR is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MYR by adding MYR to a well-diversified portfolio.
MYR Fundamentals Growth
MYR Stock prices reflect investors' perceptions of the future prospects and financial health of MYR, and MYR fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MYR Stock performance.
| Return On Equity | 0.0795 | ||||
| Return On Asset | 0.0279 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 2.02 B | ||||
| Shares Outstanding | 16.51 M | ||||
| Price To Earning | 23.54 X | ||||
| Price To Book | 3.06 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 3.64 B | ||||
| Gross Profit | 343.96 M | ||||
| EBITDA | 184.02 M | ||||
| Net Income | 90.99 M | ||||
| Cash And Equivalents | 35.77 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 73.61 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.43 X | ||||
| Book Value Per Share | 38.04 X | ||||
| Cash Flow From Operations | 71.02 M | ||||
| Earnings Per Share | 2.92 X | ||||
| Market Capitalization | 1.94 B | ||||
| Total Asset | 1.61 B | ||||
| Retained Earnings | 492.53 M | ||||
| Working Capital | 279.04 M | ||||
| Current Asset | 303.37 M | ||||
| Current Liabilities | 179.74 M | ||||
About MYR Performance
By analyzing MYR's fundamental ratios, stakeholders can gain valuable insights into MYR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MYR has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MYR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 8.63 | 11.12 | |
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.14 | 0.10 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about MYR Group performance evaluation
Checking the ongoing alerts about MYR for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MYR Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MYR Group generated a negative expected return over the last 90 days | |
| MYR Group has high historical volatility and very poor performance | |
| MYR Group is unlikely to experience financial distress in the next 2 years | |
| MYR Group has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: MYR Group Inc Stock Price Up 3.43 percent on Oct 9 |
- Analyzing MYR's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MYR's stock is overvalued or undervalued compared to its peers.
- Examining MYR's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MYR's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MYR's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MYR's stock. These opinions can provide insight into MYR's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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