The Technical Analyst
MYR Group Inc [MYRG]
Exchange: NASDAQ Sector: Industrials Industry: Engineering & Construction
MYR Group Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
0.13% $164.60
America/New_York / 24 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 755.29 mill |
| EPS: | 5.41 |
| P/E: | 30.43 |
| Earnings Date: | Apr 30, 2024 |
| SharesOutstanding: | 16.74 mill |
| Avg Daily Volume: | 0.133 mill |
| RATING 2024-04-24 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Buy | |
| DE: | Sell | |
| P/E: | Buy | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 2.69x |
| Company: PE 30.43 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.15x |
| Company: PE 30.43 | industry: PE 26.43 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$142.03 (-13.71%) $-22.57 |
| Date: 2024-04-25 |
| Expected Trading Range (DAY) |
|---|
|
$ 158.88 - 170.32 ( +/- 3.48%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-20 | Lucky Donald C.i. | Buy | 877 | Common Stock |
| 2024-04-20 | Lucky Donald C.i. | Sell | 877 | RESTRICTED STOCK UNIT |
| 2024-04-20 | Lowry Jennifer Elaine | Buy | 877 | Common Stock |
| 2024-04-20 | Lowry Jennifer Elaine | Sell | 877 | RESTRICTED STOCK UNIT |
| 2024-04-20 | Favreau Bradley Thede | Buy | 877 | Common Stock |
| INSIDER POWER |
|---|
| 10.95 |
| Last 100 transactions |
| Buy: 95 590 | Sell: 83 540 |
Forecast:
16:00 - $164.60
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $164.60
Forecast 2: 16:00 - $164.60
Forecast 3: 16:00 - $164.60
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $164.60 (0.13% ) |
| Volume | 0.0891 mill |
| Avg. Vol. | 0.133 mill |
| % of Avg. Vol | 66.91 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For MYRG
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:25 | buy | $153.65 | N/A | Active |
|---|
MYRG
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.
Last 10 Buy Signals
Latest Press Releases
2024-04-23 16:05:00 - Press Release
Myr Group Inc. To Attend Keybanc Capital Markets Industrials & Basic Materials Investor Conference In May
Thornton, colo., april 23, 2024 (globe newswire) -- myr group inc. (“myr group”) (nasdaq: myrg), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the united states and canada, announced it will attend the keybanc capital markets 2024 industrials & basic materials conference. myr group's chief executive officer, rick swartz, and chief financial officer, kelly huntington, will meet with institutional investors in boston on wednesday, may 29, 2024. this event is only available to keybanc capital markets clients.
2024-04-17 16:05:00 - Press Release
Myr Group Inc. Announces First-quarter 2024 earnings Release And Conference Call Schedule
Thornton, colo., april 17, 2024 (globe newswire) -- myr group inc. (“myr group”) (nasdaq: myrg), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the united states and canada, announced it will release its first-quarter 2024 results on wednesday, may 1, 2024, after the market closes. in conjunction with the release, myr group has scheduled a conference call and simultaneous webcast to discuss results on thursday, may 2, 2024, at 8:00 a.m. mountain time.
2024-04-09 16:00:00 - Press Release
Myr Group Inc. To Participate In Oppenheimer Investor Conference In May
Thornton, colo., april 09, 2024 (globe newswire) -- myr group inc. (“myr group”) (nasdaq: myrg), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the united states and canada, announced it will attend oppenheimer's 19th annual industrial growth conference. myr group's chief executive officer, rick swartz, and chief financial officer, kelly huntington, will meet virtually with institutional investors during oppenheimer's industrial growth conference on wednesday, may 8, 2024. this event is only available to oppenheimer clients.
2024-02-28 16:11:00 - Press Release
Myr Group Inc. Announces Fourth-quarter And Full Year 2023 Results
Thornton, colo., feb. 28, 2024 (globe newswire) -- myr group inc. (“myr”) (nasdaq: myrg), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the united states and canada, announced today its fourth-quarter and full year 2023 financial results.
2024-02-14 16:05:00 - Press Release
Myr Group Inc. Announces Fourth Quarter And Full Year 2023 earnings Release And Conference Call Schedule
Thornton, colo., feb. 14, 2024 (globe newswire) -- myr group inc. (“myr group”) (nasdaq: myrg), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the united states and canada, announced it will release its fourth quarter and full year 2023 results on wednesday, feb. 28, 2024, after the market closes. in conjunction with the release, myr group has scheduled a conference call and simultaneous webcast to discuss results on thursday, feb. 29, 2024, at 8:00 a.m. mountain time.
Latest News
2024-04-23 16:05:00 - GlobeNewsWire
MYR Group Inc. to Attend KeyBanc Capital Markets Industrials & Basic Materials Investor Conference in May
THORNTON, Colo., April 23, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the KeyBanc Capital Markets 2024 Industrials & Basic Materials Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors in Boston on Wednesday, May 29, 2024. This event is only available to KeyBanc Capital Markets clients.
2024-04-17 16:05:00 - GlobeNewsWire
MYR Group Inc. Announces First-Quarter 2024 Earnings Release and Conference Call Schedule
THORNTON, Colo., April 17, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its first-quarter 2024 results on Wednesday, May 1, 2024, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, May 2, 2024, at 8:00 a.m. Mountain time.
2024-04-01 01:13:52 - Seeking Alpha
MYR Group: Demand Tailwinds And EPS Growth
MYR Group's 2023 revenue, EBITDA, EPS, and backlog each rose as the company continued to benefit from growing demand. The Company benefits from the clean energy transition, the need to improve the grid, and expected increasing electricity consumption, all of which are multi-year trends in my view. I rate MYRG a 'Buy', and I would own it in a diversified portfolio.
2024-03-03 06:10:27 - Seeking Alpha
MYR Group Inc. (MYRG) Q4 2023 Earnings Call Transcript
2024-02-14 16:05:00 - GlobeNewsWire
MYR Group Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule
THORNTON, Colo., Feb. 14, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its fourth quarter and full year 2023 results on Wednesday, Feb. 28, 2024, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, Feb. 29, 2024, at 8:00 a.m. Mountain time.
2024-02-07 16:05:00 - GlobeNewsWire
MYR Group Inc. to Participate in Sidoti Small-Cap Investor Conference in March
THORNTON, Colo., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Sidoti Small-Cap virtual investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during Sidoti's March Small-Cap Conference on Wednesday, March 13, 2024. This event is only available to Sidoti clients.
2023-12-13 07:00:07 - MarketBeat
Construction activity suddenly booming, 3 stocks you can't miss
They say when the FED lowers rates, bubbles almost become inevitable as cheap money races in every direction to find high-risk, high-reward investments or trades. But you are not the average investor; you actually care about building wealth, which requires low-risk, high-reward investments.
2023-10-12 16:05:00 - GlobeNewsWire
MYR Group Inc. to Attend Baird Global Industrial Investor Conference in October
THORNTON, Colo., Oct. 12, 2023 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Baird Global Industrial investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the 2023 Baird Global Industrial Conference on Thursday, Nov. 9, 2023, in Chicago. This event is only available to Baird clients.
2023-10-11 16:05:00 - GlobeNewsWire
MYR Group Inc. Announces Third-Quarter 2023 Earnings Release and Conference Call Schedule
THORNTON, Colo., Oct. 11, 2023 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its third-quarter 2023 results on Wednesday, Oct. 25, 2023, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, Oct. 26, 2023, at 9:00 a.m. Central time.
2023-09-20 23:55:20 - Seeking Alpha
MYR Group: Classic Low-Margin, High Capital Turnover Business With Production Advantages
MYR Group is a low-margin, high-capital turnover business operating in the electric utility infrastructure and construction markets. The company had record sales and backlog in H1 FY'23, indicating strong demand and growth potential. MYRG's economic value is demonstrated by its high returns on capital and capital efficiency, allowing for potential future growth and shareholder returns.