MYR Group Inc. (MYRG)
NASDAQ: MYRG · IEX Real-Time Price · USD
142.16
+1.35 (0.96%)
Jul 18, 2024, 3:56 PM EDT - Market open

MYR Group Statistics

Total Valuation

MYR Group has a market cap or net worth of $2.39 billion. The enterprise value is $2.47 billion.

Market Cap 2.39B
Enterprise Value 2.47B

Important Dates

The next estimated earnings date is Wednesday, July 24, 2024, after market close.

Earnings Date Jul 24, 2024
Ex-Dividend Date n/a

Share Statistics

MYR Group has 16.77 million shares outstanding. The number of shares has increased by 0.08% in one year.

Shares Outstanding 16.77M
Shares Change (YoY) +0.08%
Shares Change (QoQ) -0.28%
Owned by Insiders (%) 2.30%
Owned by Institutions (%) 100.52%
Float 16.46M

Valuation Ratios

The trailing PE ratio is 27.72 and the forward PE ratio is 22.98. MYR Group's PEG ratio is 4.91.

PE Ratio 27.72
Forward PE 22.98
PS Ratio 0.66
Forward PS 0.63
PB Ratio 3.61
P/FCF Ratio n/a
PEG Ratio 4.91
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.45
EV / Sales 0.68
EV / EBITDA 13.17
EV / EBIT 19.52
EV / FCF n/a

Financial Position

The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.12.

Current Ratio 1.40
Quick Ratio 1.40
Debt / Equity 0.12
Debt / EBITDA 0.42
Debt / FCF n/a
Interest Coverage 23.38

Financial Efficiency

Return on equity (ROE) is 13.60% and return on invested capital (ROIC) is 12.16%.

Return on Equity (ROE) 13.60%
Return on Assets (ROA) 5.60%
Return on Capital (ROIC) 12.16%
Revenue Per Employee $405,317
Profits Per Employee $9,641
Employee Count 9,000
Asset Turnover 2.36
Inventory Turnover n/a

Taxes

In the past 12 months, MYR Group has paid $34.26 million in taxes.

Income Tax 34.26M
Effective Tax Rate 28.31%

Stock Price Statistics

The stock price has decreased by -3.63% in the last 52 weeks. The beta is 0.99, so MYR Group's price volatility has been similar to the market average.

Beta (5Y) 0.99
52-Week Price Change -3.63%
50-Day Moving Average 146.81
200-Day Moving Average 145.65
Relative Strength Index (RSI) 48.35
Average Volume (20 Days) 175,287

Short Selling Information

The latest short interest is 606,158, so 3.62% of the outstanding shares have been sold short.

Short Interest 606,158
Short Previous Month 484,428
Short % of Shares Out 3.62%
Short % of Float 3.68%
Short Ratio (days to cover) 4.54

Income Statement

In the last 12 months, MYR Group had revenue of $3.65 billion and earned $86.77 million in profits. Earnings per share was $5.15.

Revenue 3.65B
Gross Profit 366.25M
Operating Income 125.94M
Pretax Income 121.03M
Net Income 86.77M
EBITDA 187.42M
EBIT 126.44M
Earnings Per Share (EPS) $5.15
Full Income Statement

Balance Sheet

The company has $3.91 million in cash and $78.47 million in debt, giving a net cash position of -$74.56 million or -$4.45 per share.

Cash & Cash Equivalents 3.91M
Total Debt 78.47M
Net Cash -74.56M
Net Cash Per Share -$4.45
Equity (Book Value) 663.72M
Book Value Per Share 39.59
Working Capital 293.83M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $41.55 million and capital expenditures -$84.96 million, giving a free cash flow of -$43.41 million.

Operating Cash Flow 41.55M
Capital Expenditures -84.96M
Free Cash Flow -43.41M
FCF Per Share -$2.60
Full Cash Flow Statement

Margins

Gross margin is 10.04%, with operating and profit margins of 3.45% and 2.38%.

Gross Margin 10.04%
Operating Margin 3.45%
Pretax Margin 3.32%
Profit Margin 2.38%
EBITDA Margin 5.14%
EBIT Margin 3.47%
FCF Margin -1.19%

Dividends & Yields

MYR Group does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.08%
Shareholder Yield -0.08%
Earnings Yield 3.62%
FCF Yield -1.81%
Dividend Details

Analyst Forecast

The average price target for MYR Group is $173.25, which is 21.87% higher than the current price. The consensus rating is "Buy".

Price Target $173.25
Price Target Difference 21.87%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MYR Group has an Altman Z-Score of 4.8 and a Piotroski F-Score of 4.

Altman Z-Score 4.8
Piotroski F-Score 4