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MYR Group Inc is an engineering & construction business based in the US. MYR Group shares (MYRG) are listed on the NASDAQ and all prices are listed in US Dollars. MYR Group employs 7,100 staff and has a trailing 12-month revenue of around USD$2.2 billion.
|Latest market close||USD$58.73|
|52-week range||USD$16.325 - USD$53.85|
|50-day moving average||USD$46.1259|
|200-day moving average||USD$36.7838|
|Wall St. target price||USD$49.33|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$3.19|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||-7.50%|
|1 month (2020-12-17)||-2.12%|
|3 months (2020-10-16)||31.86%|
|6 months (2020-07-17)||77.49%|
|1 year (2020-01-17)||83.76%|
|2 years (2019-01-17)||91.18%|
|3 years (2018-01-17)||67.51%|
|5 years (2016-01-15)||212.56%|
Valuing MYR Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MYR Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MYR Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, MYR Group shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MYR Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.91. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MYR Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MYR Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$125.7 million.
The EBITDA is a measure of a MYR Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.2 billion|
|Operating margin TTM||3.58%|
|Gross profit TTM||USD$214.2 million|
|Return on assets TTM||4.93%|
|Return on equity TTM||14.06%|
|Market capitalisation||USD$855.3 million|
TTM: trailing 12 months
There are currently 202,996 MYR Group shares held short by investors – that's known as MYR Group's "short interest". This figure is 23.9% down from 266,861 last month.
There are a few different ways that this level of interest in shorting MYR Group shares can be evaluated.
MYR Group's "short interest ratio" (SIR) is the quantity of MYR Group shares currently shorted divided by the average quantity of MYR Group shares traded daily (recently around 126872.5). MYR Group's SIR currently stands at 1.6. In other words for every 100,000 MYR Group shares traded daily on the market, roughly 1600 shares are currently held short.
However MYR Group's short interest can also be evaluated against the total number of MYR Group shares, or, against the total number of tradable MYR Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MYR Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 MYR Group shares in existence, roughly 10 shares are currently held short) or 0.0134% of the tradable shares (for every 100,000 tradable MYR Group shares, roughly 13 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MYR Group.
Find out more about how you can short MYR Group stock.
We're not expecting MYR Group to pay a dividend over the next 12 months.
Over the last 12 months, MYR Group's shares have ranged in value from as little as $16.325 up to $53.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MYR Group's is 0.9138. This would suggest that MYR Group's shares are less volatile than average (for this exchange).
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 company's 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. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, and renewable power facilities; and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm 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. Its Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Rolling Meadows, Illinois.
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