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NASDAQ: MYRG
Myr Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for MYRG

Based on 3 analysts offering 12 month price targets for Myr Group Inc.
Min Forecast
$164.00+1.95%
Avg Forecast
$171.00+6.3%
Max Forecast
$184.00+14.38%

Should I buy or sell MYRG stock?

Based on 3 analysts offering ratings for Myr Group Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MYRG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-02-26
lockedlocked$00.00+00.00%2023-12-15

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Forecast return on equity

Is MYRG forecast to generate an efficient return?
Company
N/A
Industry
10.49%
Market
29.39%

Forecast return on assets

Is MYRG forecast to generate an efficient return on assets?
Company
N/A
Industry
3.55%

MYRG revenue forecast

What is MYRG's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$3.9B+6.94%
Avg 2 year Forecast
$4.1B+12.11%
MYRG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MYRG earnings growth forecast

How is MYRG forecast to perform vs Engineering & Construction companies and vs the US market?
Company
11.56%
Industry
92.83%
Market
87.85%
MYRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MYRG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

MYRG revenue growth forecast

How is MYRG forecast to perform vs Engineering & Construction companies and vs the US market?
Company
6.94%
Industry
1.54%
Market
13.66%
MYRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MYRG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MYRG vs Engineering & Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
MYRG$160.87$171.00+6.30%Strong Buy
ROAD$52.94$52.00-1.78%Strong Buy
GVA$53.82$57.00+5.91%Hold
IESC$116.71N/AN/A
PRIM$43.16$53.67+24.34%Strong Buy

Myr Group Stock Forecast FAQ

Is Myr Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: MYRG) stock is to Strong Buy MYRG stock.

Out of 3 analysts, 2 (66.67%) are recommending MYRG as a Strong Buy, 0 (0%) are recommending MYRG as a Buy, 1 (33.33%) are recommending MYRG as a Hold, 0 (0%) are recommending MYRG as a Sell, and 0 (0%) are recommending MYRG as a Strong Sell.

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

What is MYRG's revenue growth forecast for 2024-2025?

(NASDAQ: MYRG) Myr Group's forecast annual revenue growth rate of 6.94% is forecast to beat the US Engineering & Construction industry's average forecast revenue growth rate of 1.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.66%.

Myr Group's revenue in 2024 is $3,643,905,000.On average, 1 Wall Street analysts forecast MYRG's revenue for 2024 to be $65,232,709,697, with the lowest MYRG revenue forecast at $65,232,709,697, and the highest MYRG revenue forecast at $65,232,709,697.

In 2025, MYRG is forecast to generate $68,384,392,820 in revenue, with the lowest revenue forecast at $68,384,392,820 and the highest revenue forecast at $68,384,392,820.

What is MYRG's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MYRG) forecast ROA is N/A, which is lower than the forecast US Engineering & Construction industry average of 3.55%.

What is MYRG's Price Target?

According to 3 Wall Street analysts that have issued a 1 year MYRG price target, the average MYRG price target is $171.00, with the highest MYRG stock price forecast at $184.00 and the lowest MYRG stock price forecast at $164.00.

On average, Wall Street analysts predict that Myr Group's share price could reach $171.00 by Apr 16, 2025. The average Myr Group stock price prediction forecasts a potential upside of 6.3% from the current MYRG share price of $160.87.

What is MYRG's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MYRG) forecast ROE is N/A, which is considered weak.
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