Myr Group Stock Buy Hold or Sell Recommendation
| MYRG Stock | USD 147.68 2.14 1.43% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding MYR Group is 'Sell'. Macroaxis provides MYR buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MYR positions.
Check out MYR Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as MYR and provide practical buy, sell, or hold advice based on investors' constraints. 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.
MYR |
Execute MYR Buy or Sell Advice
The MYR recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MYR Group. Macroaxis does not own or have any residual interests in MYR Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MYR's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
MYR Trading Alerts and Improvement Suggestions
| MYR Group is unlikely to experience financial distress in the next 2 years | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from investors.com: Stocks Showing Improved Relative Strength MYR Group |
MYR Returns Distribution Density
The distribution of MYR's historical returns is an attempt to chart the uncertainty of MYR's future price movements. The chart of the probability distribution of MYR daily returns describes the distribution of returns around its average expected value. We use MYR Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MYR returns is essential to provide solid investment advice for MYR.
| Mean Return | 0.25 | Value At Risk | -3.74 | Potential Upside | 5.71 | Standard Deviation | 2.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MYR historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MYR Stock Institutional Investors
| Shares | Artisan Partners Limited Partnership | 2024-09-30 | 270.6 K | American Century Companies Inc | 2024-09-30 | 240.2 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 236.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 233.1 K | Ameriprise Financial Inc | 2024-09-30 | 222.7 K | Timessquare Capital Management, Llc | 2024-09-30 | 213.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 212.5 K | Voloridge Investment Management, Llc | 2024-09-30 | 181.7 K | Northern Trust Corp | 2024-09-30 | 179.7 K | Blackrock Inc | 2024-09-30 | 2.7 M | Vanguard Group Inc | 2024-09-30 | 1.1 M |
MYR Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 10.3M | 59.4M | (31.1M) | (26.1M) | (23.5M) | (22.4M) | |
| Free Cash Flow | 130.8M | 84.9M | 90.4M | (13.7M) | (15.8M) | (15.0M) | |
| Depreciation | 46.5M | 46.2M | 58.2M | 59.1M | 68.0M | 71.4M | |
| Other Non Cash Items | (862K) | (1.2M) | (84K) | (4.1M) | (3.7M) | (3.5M) | |
| Capital Expenditures | 44.4M | 52.4M | 77.1M | 84.7M | 97.4M | 102.3M | |
| Net Income | 58.8M | 85.0M | 83.4M | 91.0M | 104.6M | 109.9M | |
| End Period Cash Flow | 22.7M | 82.1M | 51.0M | 24.9M | 28.6M | 26.5M | |
| Change To Inventory | (16.3M) | (32.3M) | 55.0M | (61.1M) | (55.0M) | (52.3M) | |
| Net Borrowings | 74.9M | (137.6M) | (25.3M) | 34.5M | 31.0M | 32.6M | |
| Change To Netincome | 5.5M | 2.2M | 12.6M | 17.4M | 20.0M | 21.0M | |
| Investments | (40.9M) | (49.3M) | (185.7M) | (88.0M) | (79.2M) | (83.1M) |
MYR Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MYR or Construction & Engineering sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MYR's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MYR stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | 0.05 |
MYR Volatility Alert
MYR Group shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MYR's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MYR's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MYR Fundamentals Vs Peers
Comparing MYR's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MYR's direct or indirect competition across all of the common fundamentals between MYR and the related equities. This way, we can detect undervalued stocks with similar characteristics as MYR or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MYR's fundamental indicators could also be used in its relative valuation, which is a method of valuing MYR by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MYR to competition |
| Fundamentals | MYR | Peer Average |
| Return On Equity | 0.0632 | -0.31 |
| Return On Asset | 0.022 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 2.41 B | 16.62 B |
| Shares Outstanding | 16.12 M | 571.82 M |
| Shares Owned By Insiders | 1.99 % | 10.09 % |
| Shares Owned By Institutions | 94.82 % | 39.21 % |
| Number Of Shares Shorted | 714.47 K | 4.71 M |
| Price To Earning | 23.54 X | 28.72 X |
| Price To Book | 3.88 X | 9.51 X |
| Price To Sales | 0.68 X | 11.42 X |
| Revenue | 3.64 B | 9.43 B |
| Gross Profit | 301.87 M | 27.38 B |
| EBITDA | 189.08 M | 3.9 B |
| Net Income | 90.99 M | 570.98 M |
| Cash And Equivalents | 35.77 M | 2.7 B |
| Cash Per Share | 2.15 X | 5.01 X |
| Total Debt | 73.61 M | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 1.43 X | 2.16 X |
| Book Value Per Share | 36.50 X | 1.93 K |
| Cash Flow From Operations | 71.02 M | 971.22 M |
| Short Ratio | 3.43 X | 4.00 X |
| Earnings Per Share | 2.28 X | 3.12 X |
| Price To Earnings To Growth | 4.91 X | 4.89 X |
| Target Price | 181.33 | |
| Number Of Employees | 9 K | 18.84 K |
| Beta | 0.89 | -0.15 |
| Market Capitalization | 2.42 B | 19.03 B |
| Total Asset | 1.58 B | 29.47 B |
| Retained Earnings | 492.53 M | 9.33 B |
| Working Capital | 279.04 M | 1.48 B |
Note: Acquisition by Don Egan of 2244 shares of MYR subject to Rule 16b-3 [view details]
MYR Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MYR . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5127.22 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 149.77 | |||
| Day Typical Price | 149.08 | |||
| Price Action Indicator | (3.16) | |||
| Period Momentum Indicator | (2.14) |
About MYR Buy or Sell Advice
When is the right time to buy or sell MYR Group? Buying financial instruments such as MYR Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having MYR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out MYR Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 (0.49) | Earnings Share 2.28 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
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.