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Industrials - Engineering & Construction - NASDAQ - US
$ 105.47
0.171 %
$ 1.7 B
Market Cap
57.32
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MYRG stock under the worst case scenario is HIDDEN Compared to the current market price of 105 USD, MYR Group Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MYRG stock under the base case scenario is HIDDEN Compared to the current market price of 105 USD, MYR Group Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MYRG stock under the best case scenario is HIDDEN Compared to the current market price of 105 USD, MYR Group Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MYRG

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$170.0$170.0$160.0$160.0$150.0$150.0$140.0$140.0$130.0$130.0$120.0$120.0$110.0$110.0$100.0$100.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
3.36 B REVENUE
-7.73%
54.1 M OPERATING INCOME
-58.11%
30.3 M NET INCOME
-66.74%
87.1 M OPERATING CASH FLOW
22.67%
-67.2 M INVESTING CASH FLOW
15.06%
-40 M FINANCING CASH FLOW
-117.54%
830 M REVENUE
-6.56%
30.2 M OPERATING INCOME
48.11%
16 M NET INCOME
49.80%
21.1 M OPERATING CASH FLOW
-40.72%
-10.4 M INVESTING CASH FLOW
27.01%
-13.9 M FINANCING CASH FLOW
11.70%
Balance Sheet MYR Group Inc.
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Current Assets 1.01 B
Cash & Short-Term Investments 3.46 M
Receivables 662 M
Other Current Assets 349 M
Non-Current Assets 559 M
Long-Term Investments 3.73 M
PP&E 321 M
Other Non-Current Assets 235 M
42.07 %22.18 %20.39 %14.92 %Total Assets$1.6b
Current Liabilities 749 M
Accounts Payable 295 M
Short-Term Debt 4.36 M
Other Current Liabilities 449 M
Non-Current Liabilities 225 M
Long-Term Debt 102 M
Other Non-Current Liabilities 122 M
30.35 %46.12 %10.52 %12.57 %Total Liabilities$973.7m
EFFICIENCY
Earnings Waterfall MYR Group Inc.
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Revenue 3.36 B
Cost Of Revenue 3.07 B
Gross Profit 290 M
Operating Expenses 236 M
Operating Income 54.1 M
Other Expenses 23.8 M
Net Income 30.3 M
4b4b3b3b3b3b2b2b2b2b1b1b500m500m003b(3b)290m(236m)54m(24m)30mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
8.63% GROSS MARGIN
8.63%
1.61% OPERATING MARGIN
1.61%
0.90% NET MARGIN
0.90%
5.04% ROE
5.04%
1.92% ROA
1.92%
4.24% ROIC
4.24%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MYR Group Inc.
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140m140m120m120m100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 30.3 M
Depreciation & Amortization 65.2 M
Capital Expenditures -75.9 M
Stock-Based Compensation 8.53 M
Change in Working Capital -11.1 M
Others 179 M
Free Cash Flow 11.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MYR Group Inc.
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Wall Street analysts predict an average 1-year price target for MYRG of $136 , with forecasts ranging from a low of $119 to a high of $172 .
MYRG Lowest Price Target Wall Street Target
119 USD 12.83%
MYRG Average Price Target Wall Street Target
136 USD 29.42%
MYRG Highest Price Target Wall Street Target
172 USD 63.08%
Price
Max Price Target
Min Price Target
Average Price Target
18018017017016016015015014014013013012012011011010010090908080May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership MYR Group Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
99.9 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
344 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
MYR Group Can See Large Tailwinds From AI Data Center Expansions MYR Group Inc. faced a -7.73% YOY revenue decline in FY24 due to renewable energy project challenges but is poised for growth with data center construction and manufacturing reshoring catalysts. MYR Group may realize improved revenue growth operating margins going forward following the mechanical completion of these renewable projects. Management issued a $75mm MYRG share repurchase program in Q4 '24 with the expectations of improved free cash flow in eFY25. seekingalpha.com - 1 month ago
MYR Group Inc. (MYRG) Q4 2024 Earnings Call Transcript MYR Group Inc. (NASDAQ:MYRG ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President & Chief Financial Officer Brian Stern - Senior Vice President and Chief Operating Officer, Transmission & Distribution Segment Don Egan - Senior Vice President & Chief Operating Officer, Commercial & Industrial Segment Conference Call Participants Sangita Jain - KeyBanc Justin Hauke - Baird Ati Modak - Goldman Sachs Jon Braatz - KCCA Brian Brophy - Stifel Operator Good morning, everyone, and welcome to the MYR Group Fourth Quarter 2024 Earnings Results Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago
MYR Group (MYRG) Q4 Earnings Beat Estimates MYR Group (MYRG) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $1.43 per share a year ago. zacks.com - 1 month ago
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Results THORNTON, Colo., Feb. 26, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR” or the "Company") (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 2024 financial results, and a new share repurchase program (“Repurchase Program”). globenewswire.com - 1 month ago
MYR Group Inc. to Participate in Sidoti Small-Cap Virtual Conference in March THORNTON, Colo., Feb. 19, 2025 (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 participate in 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 the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025. This event is only available to Sidoti clients. globenewswire.com - 2 months ago
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule THORNTON, Colo., Feb. 12, 2025 (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 2024 results on Wednesday, Feb. 26, 2025, 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. 27, 2025, at 8 a.m. Mountain time. globenewswire.com - 2 months ago
MYR Group Inc. to Attend Cantor Global Technology Conference in March THORNTON, Colo., Feb. 11, 2025 (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 Cantor Global Technology Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the inaugural Global Technology Conference on Wednesday, March 12, 2025, in New York. This event is only available to Cantor clients. globenewswire.com - 2 months ago
MYR Group Inc. to Attend Goldman Sachs Energy, CleanTech & Utilities Conference in January THORNTON, Colo., Dec. 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 the Goldman Sachs Energy, CleanTech & Utilities Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, Jan. 7, 2025, in Aventura, Fla. This event is only available to Goldman Sachs clients. globenewswire.com - 4 months ago
MYR Group Inc. to Participate in Oppenheimer Midwest Virtual Summit Investor Conference in December THORNTON, Colo., Nov. 13, 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 participate in the Oppenheimer Midwest Virtual Summit. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the Oppenheimer Midwest Virtual Summit investor conference on Wednesday, Dec. 11, 2024. This event is only available to Oppenheimer clients. globenewswire.com - 5 months ago
MYR Group Inc. to Attend Janney Annual Clean Energy Investment Symposium Investor Conference in December THORNTON, Colo., Nov. 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 Janney 2nd Annual Clean Energy Investment Symposium. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Janney Clean Energy Investment Symposium investor conference on Thursday, Dec. 5, 2024, in New Orleans. This event is only available to Janney clients. globenewswire.com - 5 months ago
MYR Group Inc. to Attend UBS Global Industrials and Transportation Conference in December THORNTON, Colo., Nov. 06, 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 UBS Global Industrials and Transportation Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the UBS Global Industrials and Transportation investor conference on Wednesday, Dec. 4, 2024, in Palm Beach, Fla. This event is only available to UBS clients. globenewswire.com - 5 months ago
MYR Group Inc (MYRG) Q3 2024 Earnings Call Transcript MYR Group Inc (NASDAQ:MYRG ) Q3 2024 Results Conference Call October 31, 2024 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Richard Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President and Chief Financial Officer Brian Stern - SVP and Chief Operating Officer, Transmission and Distribution Segment Don Egan - SVP and Chief Operating Officer, Commercial and Industrial Segment Conference Call Participants Atidrip Modak - Goldman Sachs Sangita Jain - KeyBanc Capital Markets Justin Hauke - Baird Brian Brophy - Stifel Jon Braatz - Kansas City Capital Operator Good day, and thank you for standing by. Welcome to the MYR Group Third Quarter 2024 Conference Call. seekingalpha.com - 5 months ago
8. Profile Summary

MYR Group Inc. MYRG

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COUNTRY US
INDUSTRY Engineering & Construction
MARKET CAP $ 1.7 B
Dividend Yield 0.00%
Description 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.
Contact 12150 East 112th Avenue, Henderson, CO, 80640 https://www.myrgroup.com
IPO Date Aug. 13, 2008
Employees 8500
Officers Mr. Richard S. Swartz Jr. President, Chief Executive Officer & Director Mr. Don A. Egan Senior Vice President & Chief Operating Officer of Commercial and Industrial Marisa A. Owens Vice President of Accounting Mr. William F. Fry J.D. Senior Vice President, Chief Legal Officer & Secretary Ms. Kelly Michelle Huntington C.F.A. Senior Vice President & Chief Financial Officer Mr. A. James Barrett Vice President of Human Resources Joesph P. Anderson Vice President & General Counsel Mr. Brian K. Stern Senior Vice President & Chief Operating Officer of Transmission & Distribution Ms. Jennifer L. Harper Vice President of Investor Relations & Treasurer R. Clay Thomson President of High Country Line Construction, Inc