At the time of writing, MYR Group Inc [MYRG] stock is trading at $167.95, up 0.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MYRG shares have gain 1.60% over the last week, with a monthly amount glided 2.45%, 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 June 06, 2025, when Goldman downgraded its rating to a Neutral. Previously, Piper Sandler started tracking the stock with Neutral rating on April 08, 2025, and set its price target to $124. On March 14, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $136 on the stock. Sidoti downgraded its rating to a Neutral but stick to its price target of $165 on February 26, 2024. KeyBanc Capital Markets initiated its recommendation with a Sector Weight. Goldman started tracking with a Buy rating for this stock on December 15, 2023, and assigned it a price target of $164.
For the past year, the stock price of MYR Group Inc fluctuated between $86.60 and $168.88. Currently, Wall Street analysts expect the stock to reach $138.33 within the next 12 months. MYR Group Inc [NASDAQ: MYRG] shares were valued at $167.95 at the most recent close of the market. An investor can expect a potential drop of -17.64% based on the average MYRG price forecast.
Analyzing the MYRG fundamentals
According to MYR Group Inc [NASDAQ:MYRG], the company’s sales were 3.38B for trailing twelve months, which represents an 2.21% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
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 165.93 points at the first support level, and at 163.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.99, and for the 2nd resistance point, it is at 174.03.
Ratios To Look Out For
It is important to note that MYR Group Inc [NASDAQ:MYRG] has a current ratio of 1.31. Also, the Quick Ratio is 1.31, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 4.75 and price to earnings (TTM) ratio is 77.12.
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.
