Myr Group Stock Today

MYRG Stock  USD 117.21  5.55  4.97%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very Low

 
High
 
Low
MYR is trading at 117.21 as of the 16th of March 2025. This is a 4.97 percent increase since the beginning of the trading day. The stock's lowest day price was 113.44. MYR has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
13th of August 2008
Category
Industrials
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company was founded in 1891 and is headquartered in Henderson, Colorado. MYR operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. The company has 16.14 M outstanding shares of which 892.07 K shares are now shorted by private and institutional investors with about 5.41 trading days to cover. More on MYR Group

Moving together with MYR Stock

  0.83J Jacobs SolutionsPairCorr
  0.71DY Dycom IndustriesPairCorr
  0.88ESOA Energy ServicesPairCorr
  0.87ACA Arcosa IncPairCorr

Moving against MYR Stock

  0.33VATE Innovate CorpPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

MYR Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentWilliam Fry
Thematic Ideas
(View all Themes)
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Farming, Construction, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.642.1361
Fairly Up
Pretty Stable
Gross Profit Margin0.130.0863
Way Up
Very volatile
Total Current Liabilities786.3 M748.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total236 M224.8 M
Sufficiently Up
Slightly volatile
Total Assets1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 BB
Sufficiently Up
Slightly volatile
Debt Levels
MYR can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MYR's financial leverage. It provides some insight into what part of MYR's total assets is financed by creditors.
Liquidity
MYR Group currently holds 119.99 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. MYR Group has a current ratio of 1.4, which is within standard range for the sector. Note, when we think about MYR's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(10.52 Million)
MYR Group (MYRG) is traded on NASDAQ Exchange in USA. It is located in 12121 Grant Street, Thornton, CO, United States, 80241 and employs 8,500 people. MYR is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.89 B. MYR Group conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 16.14 M outstanding shares of which 892.07 K shares are now shorted by private and institutional investors with about 5.41 trading days to cover. MYR Group currently holds about 35.77 M in cash with 87.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.15.
Check MYR Probability Of Bankruptcy
Ownership Allocation
The majority of MYR outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MYR Group to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in MYR Group. Please pay attention to any change in the institutional holdings of MYR as this could imply that something significant has changed or is about to change at the company.
Check MYR Ownership Details

MYR Stock Institutional Holders

InstituionRecorded OnShares
Artisan Partners Limited Partnership2024-12-31
324.1 K
Jacobs Levy Equity Management, Inc.2024-12-31
276.1 K
Ameriprise Financial Inc2024-12-31
263.5 K
Charles Schwab Investment Management Inc2024-12-31
242.2 K
Bank Of New York Mellon Corp2024-12-31
238.7 K
Jpmorgan Chase & Co2024-12-31
231 K
Hawk Ridge Management Llc2024-12-31
229.3 K
Goldman Sachs Group Inc2024-12-31
201.9 K
Ack Asset Management Llc2024-12-31
200 K
Blackrock Inc2024-12-31
2.6 M
Vanguard Group Inc2024-12-31
1.1 M
View MYR Diagnostics

MYR Historical Income Statement

At this time, MYR's Total Revenue is most likely to increase significantly in the upcoming years. The MYR's current Gross Profit is estimated to increase to about 304.8 M, while Income Before Tax is projected to decrease to roughly 33.4 M. View More Fundamentals

MYR Stock Against Markets

MYR Corporate Management

When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
1.83
Revenue Per Share
204.184
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0187
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.