MYR Group Inc

Company Profile

MYR Group Inc had its IPO on 2008-08-13 under the ticker symbol MYRG.

The company operates in the Industrials sector and Engineering & Construction industry. MYR Group Inc has a staff strength of 8,500 employees.

Stock update

Shares of MYR Group Inc opened at $137.02 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $137.02 - $138.83, and closed at $137.78.

This is a +0.05% increase from the previous day's closing price.

A total volume of 57,088 shares were traded at the close of the day’s session.

In the last one week, shares of MYR Group Inc have slipped by -3.29%.

MYR Group Inc's Key Ratios

MYR Group Inc has a market cap of $2.30 billion, indicating a price to book ratio of 2.8287 and a price to sales ratio of 0.5193.

In the last 12-months MYR Group Inc’s revenue was $3.36 billion with a gross profit of $343.96 million and an EBITDA of $176.71 million. The EBITDA ratio measures MYR Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MYR Group Inc’s operating margin was 3.57% while its return on assets stood at 5.5% with a return of equity of 15.58%.

In Q2, MYR Group Inc’s quarterly earnings growth was a positive 15.7% while revenue growth was a positive 25.5%.

MYR Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

26.0321

PEG

4.91

Its diluted EPS in the last 12-months stands at $5.29 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 4.91. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MYR Group Inc’s profitability.

MYR Group Inc stock is trading at a EV to sales ratio of 0.5737 and a EV to EBITDA ratio of 9.6888. Its price to sales ratio in the trailing 12-months stood at 0.5193.

MYR Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.46 billion

Total Liabilities

$684.56 million

Operating Cash Flow

$-20323000.00

Capital Expenditure

$22.12 million

Dividend Payout Ratio

0%

MYR Group Inc ended 2024 with $1.46 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.46 billion while shareholder equity stood at $604.30 million.

MYR Group Inc ended 2024 with $46.14 million in deferred long-term liabilities, $684.56 million in other current liabilities, 167000.00 in common stock, $449.60 million in retained earnings and $116.98 million in goodwill. Its cash balance stood at $22.85 million and cash and short-term investments were $22.85 million. The company’s total short-term debt was $17,359,000 while long-term debt stood at $39.95 million.

MYR Group Inc’s total current assets stands at $940.20 million while long-term investments were $39.95 million and short-term investments were $0. Its net receivables were $877.71 million compared to accounts payable of $337.70 million and inventory worth $0.

In 2024, MYR Group Inc's operating cash flow was $-20323000.00 while its capital expenditure stood at $22.12 million.

Comparatively, MYR Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$137.78

52-Week High

$156.63

52-Week Low

$76.97

Analyst Target Price

$166.5

MYR Group Inc stock is currently trading at $137.78 per share. It touched a 52-week high of $156.63 and a 52-week low of $156.63. Analysts tracking the stock have a 12-month average target price of $166.5.

Its 50-day moving average was $142.5 and 200-day moving average was $121.34 The short ratio stood at 1.82 indicating a short percent outstanding of 0%.

Around 245.2% of the company’s stock are held by insiders while 9204.4% are held by institutions.