WallStreetZenWallStreetZen

NASDAQ: MYRG
Myr Group Inc Stock

$118.28+1.12 (+0.96%)
Updated Oct 11, 2024
MYRG Price
$118.28
Fair Value Price
$189.79
Market Cap
$1.95B
52 Week Low
$86.60
52 Week High
$181.02
P/E
40.09x
P/B
3.08x
P/S
0.63x
PEG
N/A
Dividend Yield
N/A
Revenue
$3.59B
Earnings
$49.22M
Gross Margin
8.8%
Operating Margin
2.03%
Profit Margin
1.4%
Debt to Equity
1.5
Operating Cash Flow
$86M
Beta
1.19
Next Earnings
Oct 23, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MYRG Overview

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 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; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, 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. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting 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. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

Zen Score

Industry Average (35)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MYRG scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MYRG ($118.28) is undervalued by 37.68% relative to our estimate of its Fair Value price of $189.79 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MYRG ($118.28) is significantly undervalued by 37.68% relative to our estimate of its Fair Value price of $189.79 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
MYRG is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more MYRG due diligence checks available for Premium users.

Be the first to know about important MYRG news, forecast changes, insider trades & much more!

MYRG News

Valuation

MYRG fair value

Fair Value of MYRG stock based on Discounted Cash Flow (DCF)
Price
$118.28
Fair Value
$189.79
Undervalued by
37.68%
MYRG ($118.28) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MYRG ($118.28) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MYRG is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MYRG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
40.09x
Industry
90.32x
Market
27.31x
MYRG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MYRG is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

MYRG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.08x
Industry
4.77x
MYRG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MYRG's financial health

Profit margin

Revenue
$828.9M
Net Income
-$15.3M
Profit Margin
-1.8%
MYRG's Earnings (EBIT) of $72.79M... subscribe to Premium to read more.
Interest Coverage Financials
MYRG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$949.9M
Debt to equity
1.5
MYRG's short-term assets ($1.02B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MYRG's short-term assets ($1.02B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MYRG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MYRG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$22.7M
Investing
-$18.7M
Financing
-$5.8M
MYRG's operating cash flow ($85.54M)... subscribe to Premium to read more.
Debt Coverage Financials

MYRG vs Engineering & Construction Stocks

TickerMarket Cap1d %P/EP/B
MYRG$1.95B+0.96%40.09x3.08x
AMRC$1.82B+4.76%31.64x1.99x
AGX$1.55B+1.88%35.32x5.05x
NVEE$1.50B+1.25%44.64x1.87x
TPC$1.40B+3.77%-20.56x1.07x

Myr Group Stock FAQ

What is Myr Group's quote symbol?

(NASDAQ: MYRG) Myr Group trades on the NASDAQ under the ticker symbol MYRG. Myr Group stock quotes can also be displayed as NASDAQ: MYRG.

If you're new to stock investing, here's how to buy Myr Group stock.

What is the 52 week high and low for Myr Group (NASDAQ: MYRG)?

(NASDAQ: MYRG) Myr Group's 52-week high was $181.02, and its 52-week low was $86.60. It is currently -34.66% from its 52-week high and 36.58% from its 52-week low.

How much is Myr Group stock worth today?

(NASDAQ: MYRG) Myr Group currently has 16,507,773 outstanding shares. With Myr Group stock trading at $118.28 per share, the total value of Myr Group stock (market capitalization) is $1.95B.

Myr Group stock was originally listed at a price of $16.60 in Aug 13, 2008. If you had invested in Myr Group stock at $16.60, your return over the last 16 years would have been 612.53%, for an annualized return of 13.06% (not including any dividends or dividend reinvestments).

How much is Myr Group's stock price per share?

(NASDAQ: MYRG) Myr Group stock price per share is $118.28 today (as of Oct 11, 2024).

What is Myr Group's Market Cap?

(NASDAQ: MYRG) Myr Group's market cap is $1.95B, as of Oct 14, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Myr Group's market cap is calculated by multiplying MYRG's current stock price of $118.28 by MYRG's total outstanding shares of 16,507,773.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.