Myr Group Stock Analysis

MYR Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 6.18. MYR Group had not issued any dividends in recent years. 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. It employs 7600 people. To find out more about MYR Group contact the company at 303 286 8000 or learn more at https://www.myrgroup.com.

MYR Group Investment Alerts

MYR Largest EPS Surprises

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MYR Environmental, Social, and Governance (ESG) Scores

MYR Stock Institutional Investors

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 Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.88 B.

MYR Profitablity

The company has Profit Margin (PM) of 0.03 %, 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 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

MYR Group has return on total asset (ROA) of 0.0524 % which means that it generated a profit of $0.0524 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1622 %, meaning that it created $0.1622 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 Assets are most likely to increase slightly in the upcoming years. 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 51.3 M, while Net Tangible Assets are projected to decrease to roughly 285.6 M.

Technical Drivers

As of the 1st of February, MYR secures the mean deviation of 2.03, and Risk Adjusted Performance of 0.0787. 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 254.66 per share. Given that MYR Group has jensen alpha of 0.2542, we recommend you to check MYR's last-minute market performance to make sure the company can sustain itself next year.

MYR Group Price Movement Analysis

MYR Group Insider Trading Activities

MYR Outstanding Bonds

MYR Predictive Daily Indicators

MYR Corporate Filings

MYR Forecast Models

MYR's time-series forecasting models are one of many MYR's stock analysis techniques aimed at predicting 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 Bond Ratings

MYR Group financial ratings play a critical role in determining how much MYR have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for MYR's borrowing costs.

MYR Group Debt to Cash Allocation

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.

MYR Total Assets Over Time

MYR Assets Financed by Debt

The debt-to-assets ratio shows the degree to which MYR uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

MYR Debt Ratio

12.0

It seems as most of the MYR's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the MYR's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of MYR, which in turn will lower the firm's financial flexibility.

MYR Corporate Bonds Issued

MYR Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how MYR prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MYR shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MYR. By using and applying MYR Stock analysis, traders can create a robust methodology for identifying MYR entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MYR analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MYR analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

MYR Group stock analysis indicators help investors evaluate how MYR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MYR shares will generate the highest return on investment. By understating and applying MYR stock analysis, traders can identify MYR position entry and exit signals to maximize returns.

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.