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How to buy MYR Group stock

Own MYR Group stock in just a few minutes.

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

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MYRG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

MYR Group share price

Use our graph to track the performance of MYRG stocks over time.

MYR Group shares at a glance

Information last updated 2021-04-22.
52-week range$22.80 - $76.23
50-day moving average $69.80
200-day moving average $58.23
Wall St. target price$70.25
PE ratio 19.819
Dividend yield N/A (0%)
Earnings per share (TTM) $3.48

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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.

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.

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 20x. In other words, MYR Group shares trade at around 20x 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 $130.2 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 $2.2 billion
Operating margin TTM 3.73%
Gross profit TTM $275.9 million
Return on assets TTM 5.22%
Return on equity TTM 14.81%
Profit margin 2.62%
Book value $25.65
Market capitalisation $1.2 billion

TTM: trailing 12 months

Shorting MYR Group shares

There are currently 483,336 MYR Group shares held short by investors – that's known as MYR Group's "short interest". This figure is 60.7% up from 300,693 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 194893.5483871). MYR Group's SIR currently stands at 2.48. In other words for every 100,000 MYR Group shares traded daily on the market, roughly 2480 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 0.0358% of the tradable shares (for every 100,000 tradable MYR Group shares, roughly 36 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 $22.8001 up to $76.23. A popular way to gauge a stock's volatility is its "beta".

MYRG.US volatility(beta: 1.08)Avg. volatility(beta: 1.00)LowHigh

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 1.0783. 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.

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