Myr Group Stock Performance
| MYRG Stock | USD 163.42 3.26 1.96% |
On a scale of 0 to 100, MYR holds a performance score of 23. The company secures a Beta (Market Risk) of 1.58, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MYR will likely underperform. Please check MYR's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether MYR's current price movements will revert.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in MYR Group are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, MYR reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.66 | Five Day Return 3.15 | Year To Date Return 16.8 | Ten Year Return 550.59 | All Time Return 904.1 |
1 | Top 3 Undervalued Small Caps In United States With Insider Activity September 2024 | 09/30/2024 |
2 | Earnings To Watch MYR Group Inc Reports Q3 2024 Result | 10/29/2024 |
3 | Robert W. Baird Forecasts Strong Price Appreciation for MYR Group Stock | 11/04/2024 |
4 | The Goldman Sachs Group Boosts MYR Group Price Target to 153.00 | 11/05/2024 |
5 | MYR Groups Anemic Earnings Might Be Worse Than You Think | 11/07/2024 |
6 | MYR Group Inc. to Participate in Oppenheimer Midwest Virtual Summit Investor Conference in December | 11/13/2024 |
7 | Earnings call MYR Group faces headwinds in Q3 with revenue dip | 11/22/2024 |
8 | Verition Fund Management LLC Buys New Stake in MYR Group Inc. - MarketBeat | 12/04/2024 |
9 | MYR Group Declined On Delayed Utility Transmission Distribution Projects | 12/09/2024 |
10 | Stifel Nicolaus Forecasts Strong Price Appreciation for MYR Group Stock | 12/13/2024 |
| Begin Period Cash Flow | 51 M |
MYR |
MYR Relative Risk vs. Return Landscape
If you would invest 9,788 in MYR Group on September 18, 2024 and sell it today you would earn a total of 6,634 from holding MYR Group or generate 67.77% return on investment over 90 days. MYR Group is currently generating 0.8506% in daily expected returns and assumes 2.8621% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than MYR, and 84% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MYR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MYR's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MYR Group, and traders can use it to determine the average amount a MYR's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2972
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average MYR is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MYR by adding it to a well-diversified portfolio.
MYR Fundamentals Growth
MYR Stock prices reflect investors' perceptions of the future prospects and financial health of MYR, and MYR fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MYR Stock performance.
| Return On Equity | 0.0632 | ||||
| Return On Asset | 0.022 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.8 B | ||||
| Shares Outstanding | 16.12 M | ||||
| Price To Earning | 23.54 X | ||||
| Price To Book | 4.54 X | ||||
| Price To Sales | 0.75 X | ||||
| Revenue | 3.64 B | ||||
| Gross Profit | 343.96 M | ||||
| EBITDA | 189.08 M | ||||
| Net Income | 90.99 M | ||||
| Cash And Equivalents | 35.77 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 73.61 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.43 X | ||||
| Book Value Per Share | 36.50 X | ||||
| Cash Flow From Operations | 71.02 M | ||||
| Earnings Per Share | 2.29 X | ||||
| Market Capitalization | 2.67 B | ||||
| Total Asset | 1.58 B | ||||
| Retained Earnings | 492.53 M | ||||
| Working Capital | 279.04 M | ||||
| Current Asset | 303.37 M | ||||
| Current Liabilities | 179.74 M | ||||
About MYR Performance
By analyzing MYR's fundamental ratios, stakeholders can gain valuable insights into MYR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MYR has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MYR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 8.63 | 11.12 | |
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.16 | 0.10 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about MYR Group performance evaluation
Checking the ongoing alerts about MYR for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MYR Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MYR Group is unlikely to experience financial distress in the next 2 years | |
| MYR Group has a strong financial position based on the latest SEC filings | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Stifel Nicolaus Forecasts Strong Price Appreciation for MYR Group Stock |
- Analyzing MYR's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MYR's stock is overvalued or undervalued compared to its peers.
- Examining MYR's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MYR's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MYR's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MYR's stock. These opinions can provide insight into MYR's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MYR Stock analysis
When running MYR's price analysis, check to measure MYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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