A share price of MYR Group Inc [MYRG] is currently trading at $147.10, up 20.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MYRG shares have gain 21.91% over the last week, with a monthly amount glided 29.28%, and 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 April 08, 2025, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $124. Previously, KeyBanc Capital Markets upgraded its rating to Overweight on March 14, 2025, and kept the price target unchanged to $136. On February 26, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $165 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. Goldman initiated its recommendation with a Buy and recommended $164 as its price target on December 15, 2023. In a note dated October 17, 2023, Sidoti upgraded an Buy rating on this stock.
MYR Group Inc experienced fluctuations in its stock price throughout the past year between $86.60 and $168.88. Currently, Wall Street analysts expect the stock to reach $172 within the next 12 months. MYR Group Inc [NASDAQ: MYRG] shares were valued at $147.10 at the most recent close of the market. An investor can expect a potential return of 16.93% based on the average MYRG price forecast.
Analyzing the MYRG fundamentals
Trailing Twelve Months sales for MYR Group Inc [NASDAQ:MYRG] were 3.36B which represents -17.37% decline. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, 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 0.06 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
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 136.75 points at the first support level, and at 126.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 152.65, and for the 2nd resistance point, it is at 158.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MYR Group Inc [NASDAQ:MYRG] is 1.35. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 3.95 and price to earnings (TTM) ratio is 79.47.
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.
