Is MYR Stock a Good Investment?

MYR Investment Advice

MYRG

To provide specific investment advice or recommendations on MYR Group stock, we recommend investors consider the following general factors when evaluating MYR Group. This will help you to make an informed decision on whether to include MYR in one of your diversified portfolios:

Examine MYR's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research MYR's leadership team and their track record. Good management can help MYR navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Construction & Engineering space and any emerging trends that could impact MYR's business and its evolving consumer preferences.
Compare MYR's performance and market position to its competitors. Analyze how MYR is positioned in terms of product offerings, innovation, and market share.
Check if MYR pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about MYR's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in MYR Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MYR Group is a good investment.

Sell

Buy

Hold

Macroaxis provides trade recommendations on MYR Group to complement and cross-verify current analyst consensus on MYR. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure MYR Group is not overpriced, please verify all MYR Group fundamentals, including its revenue, cash flow from operations, working capital, as well as the relationship between the cash per share and number of employees . Given that MYR Group has a price to earning of 23.54 X, we recommend you to check MYR market performance and probability of bankruptcy to ensure the company can sustain itself for the next few years given your last-minute risk tolerance and investing horizon.

Market Performance	Insignificant	Details
Volatility	Very steady	Details
Hype Condition	Over hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Small	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine MYR Stock

Researching MYR's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The book value of the company was now reported as 36.5. The company had not issued any dividends in recent years.

To determine if MYR is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MYR's research are outlined below:

	MYR Group had very high historical volatility over the last 90 days
	MYR Group is unlikely to experience financial distress in the next 2 years
	Latest headline from finance.yahoo.com: A Look Back at Construction and Maintenance Services Stocks Q3 Earnings Granite Construction Vs The Rest Of The Pack

MYR Quarterly Cash And Short Term Investments

7.57 Million

MYR uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MYR Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MYR's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	28th of February 2024 Upcoming Quarterly Report	View
	24th of April 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	28th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact MYR's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MYR's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2010-05-10	2010-03-31	0.11	0.13	0.02	18
2010-03-15	2009-12-31	0.18	0.21	0.03	16
2009-08-10	2009-06-30	0.18	0.21	0.03	16
2015-05-06	2015-03-31	0.3	0.34	0.04	13
2011-11-08	2011-09-30	0.24	0.2	-0.04	16
2019-05-01	2019-03-31	0.39	0.44	0.05	12
2014-08-06	2014-06-30	0.41	0.36	-0.05	12
2011-05-09	2011-03-31	0.16	0.21	0.05	31

Know MYR's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as MYR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MYR Group backward and forwards among themselves. MYR's institutional investor refers to the entity that pools money to purchase MYR's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Swedbank Ab	2024-09-30	267 K
American Century Companies Inc	2024-09-30	240.2 K
Jacobs Levy Equity Management, Inc.	2024-09-30	236.2 K
Jpmorgan Chase & Co	2024-09-30	233.5 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
Assenagon Asset Management Sa	2024-09-30	185.6 K
Blackrock Inc	2024-09-30	2.7 M
Vanguard Group Inc	2024-09-30	1.1 M

Note, although MYR's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MYR's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.28 B.

Market Cap

268.48 Million

MYR's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.06	0.06
Return On Capital Employed	0.14	0.10
Return On Assets	0.05	0.05
Return On Equity	0.14	0.13

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Determining MYR's profitability involves analyzing its financial statements and using various financial metrics to determine if MYR is a good buy. For example, gross profit margin measures MYR's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MYR's profitability and make more informed investment decisions.

Evaluate MYR's management efficiency

MYR Group has return on total asset (ROA) of 0.022 % which means that it generated a profit of $0.022 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0632 %, meaning that it created $0.0632 on every $100 dollars invested by stockholders. MYR's management efficiency ratios could be used to measure how well MYR manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MYR's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The MYR's current Return On Assets is estimated to increase to 0.05, while Return On Capital Employed is projected to decrease to 0.10. At this time, MYR's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The MYR's current Other Current Assets is estimated to increase to about 56.2 M, while Intangibles To Total Assets are projected to decrease to 0.1.

	Last Reported	Projected for Next Year
Book Value Per Share	35.08	36.84
Tangible Book Value Per Share	24.28	25.50
Enterprise Value Over EBITDA	14.99	22.29
Price Book Value Ratio	4.27	4.05
Enterprise Value Multiple	14.99	22.29
Price Fair Value	4.27	4.05
Enterprise Value	401.2 M	267.9 M

The strategic initiatives led by MYR's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.

Beta

0.889

Basic technical analysis of MYR Stock

As of the 30th of January, MYR secures the risk adjusted performance of 0.0953, and Mean Deviation of 2.23. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of MYR Group, as well as the relationship between them. Please verify MYR Group variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if MYR Group is priced favorably, providing market reflects its recent price of 144.18 per share. Given that MYR Group has jensen alpha of 0.274, we recommend you to check MYR's last-minute market performance to make sure the company can sustain itself next year.

MYR's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MYR insiders, such as employees or executives, is commonly permitted as long as it does not rely on MYR's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MYR insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Tod Cooper over a month ago Disposition of 3538 shares by Tod Cooper of MYR at 154.55 subject to Rule 16b-3
		Huntington Kelly Michelle over three months ago Acquisition by Huntington Kelly Michelle of 500 shares of MYR at 88.64 subject to Rule 16b-3
		Huntington Kelly Michelle over three months ago Acquisition by Huntington Kelly Michelle of 2000 shares of MYR at 99.505 subject to Rule 16b-3
		William Fry over six months ago Disposition of 265 shares by William Fry of MYR at 172.52 subject to Rule 16b-3
		Patterson William over six months ago Acquisition by Patterson William of 1195 shares of MYR subject to Rule 16b-3
		Richard Swartz over six months ago Acquisition by Richard Swartz of 3049 shares of MYR subject to Rule 16b-3
		Brian Stern over six months ago Acquisition by Brian Stern of 286 shares of MYR subject to Rule 16b-3
		William Fry over six months ago Disposition of 904 shares by William Fry of MYR subject to Rule 16b-3
		Maurice Moore over six months ago Acquisition by Maurice Moore of 1195 shares of MYR subject to Rule 16b-3
		Lucky Donald C.i. over six months ago Acquisition by Lucky Donald C.i. of 668 shares of MYR subject to Rule 16b-3
		O'connor Shirin over six months ago Disposition of 877 shares by Oconnor Shirin of MYR subject to Rule 16b-3
		Patterson William over six months ago Disposition of 877 shares by Patterson William of MYR subject to Rule 16b-3

MYR's Outstanding Corporate Bonds

MYR issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MYR Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MYR bonds can be classified according to their maturity, which is the date when MYR Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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	BNP Paribas FRN Corp Bond USF1R15XK367	View

View All MYR Corporate Bonds

Understand MYR's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing MYR's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0953
	Market Risk Adjusted Performance	0.407
	Mean Deviation	2.23
	Semi Deviation	2.74
	Downside Deviation	3.02
	Coefficient Of Variation	955.78
	Standard Deviation	3.32
	Variance	11.04
	Information Ratio	0.0791
	Jensen Alpha	0.274
	Total Risk Alpha	0.041
	Sortino Ratio	0.0871
	Treynor Ratio	0.397
	Maximum Drawdown	25.94
	Value At Risk	(3.74)
	Potential Upside	5.71
	Downside Variance	9.11
	Semi Variance	7.49
	Expected Short fall	(2.55)
	Skewness	0.3178
	Kurtosis	5.97

	Risk Adjusted Performance	0.0953
	Market Risk Adjusted Performance	0.407
	Mean Deviation	2.23
	Semi Deviation	2.74
	Downside Deviation	3.02
	Coefficient Of Variation	955.78
	Standard Deviation	3.32
	Variance	11.04
	Information Ratio	0.0791
	Jensen Alpha	0.274
	Total Risk Alpha	0.041
	Sortino Ratio	0.0871
	Treynor Ratio	0.397
	Maximum Drawdown	25.94
	Value At Risk	(3.74)
	Potential Upside	5.71
	Downside Variance	9.11
	Semi Variance	7.49
	Expected Short fall	(2.55)
	Skewness	0.3178
	Kurtosis	5.97

Consider MYR's intraday indicators

MYR intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MYR stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	3544.51
	Daily Balance Of Power	0.5258
	Rate Of Daily Change	1.02
	Day Median Price	144.05
	Day Typical Price	144.09
	Price Action Indicator	1.46
	Period Momentum Indicator	2.65

MYR Corporate Filings

13A	8th of November 2024 An amended filing to the original Schedule 13G	View Verify
8K	6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	11th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
	6th of May 2024 Other Reports	View Verify

MYR time-series forecasting models is one of many MYR's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MYR's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

MYR Stock media impact

Far too much social signal, news, headlines, and media speculation about MYR that are available to investors today. That information is available publicly through MYR media outlets and privately through word of mouth or via MYR internal channels. However, regardless of the origin, that massive amount of MYR data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of MYR news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MYR relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MYR's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MYR alpha.

MYR Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards MYR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

MYR Group Historical Investor Sentiment

Investor biases related to MYR's public news can be used to forecast risks associated with an investment in MYR. The trend in average sentiment can be used to explain how an investor holding MYR can time the market purely based on public headlines and social activities around MYR Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

MYR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MYR and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average MYR news discussions. The higher the estimate score, the more favorable the investor's outlook on MYR.

MYR Maximum Pain Price Across April 17th 2025 Option Contracts

MYR's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of MYR close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of MYR's options.

MYR Corporate Management

William JD	Chief VP	Profile
James Barrett	Vice Resources	Profile
D Lamont	ES Co	Profile
Jennifer Harper	VP Treasurer	Profile
Don Egan	Senior Industrial	Profile

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: