At the time of writing, MYR Group Inc [MYRG] stock is trading at $124.34, up 3.19%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MYRG shares have gain 9.20% over the last week, with a monthly amount drifted -7.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MYR Group Inc [NASDAQ: MYRG] stock has seen the most recent analyst activity on March 14, 2025, when KeyBanc Capital Markets upgraded its rating to a Overweight but kept the price target unchanged to $136 for it. Previously, Sidoti downgraded its rating to Neutral on February 26, 2024, and kept the price target unchanged to $165. On January 10, 2024, KeyBanc Capital Markets initiated with a Sector Weight rating. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $164 on December 15, 2023. Sidoti upgraded its rating to Buy for this stock on October 17, 2023. In a note dated July 19, 2023, Sidoti downgraded an Neutral rating on this stock but restated the target price of $163.
For the past year, the stock price of MYR Group Inc fluctuated between $86.60 and $181.02. Currently, Wall Street analysts expect the stock to reach $172 within the next 12 months. MYR Group Inc [NASDAQ: MYRG] shares were valued at $124.34 at the most recent close of the market. An investor can expect a potential return of 38.33% based on the average MYRG price forecast.
Analyzing the MYRG fundamentals
According to MYR Group Inc [NASDAQ:MYRG], the company’s sales were 3.36B for trailing twelve months, which represents an -17.37% plunge. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 119.09 points at the first support level, and at 113.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.96, and for the 2nd resistance point, it is at 131.59.
Ratios To Look Out For
It is important to note that MYR Group Inc [NASDAQ:MYRG] has a current ratio of 1.35. Further, the Quick Ratio stands at 1.35, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 3.34 and price to earnings (TTM) ratio is 67.17.
Transactions by insiders
Recent insider trading involved Favreau Bradley Thede, Director, that happened on Mar 04 ’25 when 835.0 shares were purchased. Senior VP and CFO, Huntington Kelly Michelle completed a deal on Sep 09 ’24 to buy 500.0 shares. Meanwhile, Director Favreau Bradley Thede bought 1005.0 shares on Aug 27 ’24.
