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 7,200 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in MYR Group
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MYR Group stock price (NASDAQ: MYRG)Use our graph to track the performance of MYRG stocks over time.
MYR Group shares at a glance
|Latest market close||$87.04|
|52-week range||$31.27 - $96.39|
|50-day moving average||$89.62|
|200-day moving average||$74.49|
|Wall St. target price||$76.75|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$4.06|
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Is it a good time to buy MYR Group stock?
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.
MYR Group price performance over time
|1 week (2021-07-19)||N/A|
|1 month (2021-06-30)||-4.27%|
|3 months (2021-04-30)||11.73%|
|6 months (2021-01-26)||N/A|
|1 year (2020-07-26)||N/A|
|2 years (2019-07-26)||N/A|
|3 years (2018-07-26)||N/A|
|5 years (2016-07-26)||N/A|
Is MYR Group under- or over-valued?
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 P/E ratio
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 24x. In other words, MYR Group shares trade at around 24x 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 PEG ratio
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
MYR Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $141.6 million.
The EBITDA is a measure of a MYR Group's overall financial performance and is widely used to measure a its profitability.
MYR Group financials
|Revenue TTM||$2.3 billion|
|Operating margin TTM||4.1%|
|Gross profit TTM||$275.9 million|
|Return on assets TTM||5.91%|
|Return on equity TTM||16.7%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
Shorting MYR Group shares
There are currently 491,854 MYR Group shares held short by investors – that's known as MYR Group's "short interest". This figure is 11.6% up from 440,808 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)
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 195180.15873016). MYR Group's SIR currently stands at 2.52. In other words for every 100,000 MYR Group shares traded daily on the market, roughly 2520 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 0.03% of the outstanding shares (for every 100,000 MYR Group shares in existence, roughly 30 shares are currently held short) or 0.03% of the tradable shares (for every 100,000 tradable MYR Group shares, roughly 30 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.
MYR Group share dividends
We're not expecting MYR Group to pay a dividend over the next 12 months.
MYR Group share price volatility
Over the last 12 months, MYR Group's shares have ranged in value from as little as $31.27 up to $96.39. 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 1.08. This would suggest that MYR Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
MYR Group overview
MYR Group Inc. , through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through 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.
Stocks similar to MYR Group
MYR Group in the news
MYR Group (MYRG) Tops Q2 Earnings and Revenue Estimates
MYR Group Inc. Announces Second-Quarter and First-Half 2021 Results
MYR: Q2 Earnings Snapshot
Frequently asked questionsWhat percentage of MYR Group is owned by insiders or institutions?
Currently 2.452% of MYR Group shares are held by insiders and 93.587% by institutions. How many people work for MYR Group?
Latest data suggests 7,200 work at MYR Group. When does the fiscal year end for MYR Group?
MYR Group's fiscal year ends in December. Where is MYR Group based?
MYR Group's address is: 12150 East 112th Avenue, Henderson, CO, United States, 80640 What is MYR Group's ISIN number?
MYR Group's international securities identification number is: US55405W1045 What is MYR Group's CUSIP number?
MYR Group's Committee on Uniform Securities Identification Procedures number is: 55405W104
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