MYRG RSI Chart
Last 7 days
9.8%
Last 30 days
11.9%
Last 90 days
19.0%
Trailing 12 Months
30.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.2B | 3.4B | 3.5B | 3.6B |
2022 | 2.5B | 2.6B | 2.8B | 3.0B |
2021 | 2.3B | 2.5B | 2.5B | 2.5B |
2020 | 2.1B | 2.2B | 2.2B | 2.2B |
2019 | 1.7B | 1.8B | 1.9B | 2.1B |
2018 | 1.4B | 1.4B | 1.5B | 1.5B |
2017 | 1.2B | 1.3B | 1.4B | 1.4B |
2016 | 1.1B | 1.1B | 1.1B | 1.1B |
2015 | 972.5M | 1.0B | 1.0B | 1.1B |
2014 | 917.0M | 932.0M | 947.6M | 944.0M |
2013 | 960.1M | 913.6M | 895.9M | 902.7M |
2012 | 870.3M | 945.4M | 985.5M | 999.0M |
2011 | 598.5M | 643.5M | 701.2M | 780.4M |
2010 | 0 | 619.8M | 608.4M | 597.1M |
2009 | 0 | 0 | 0 | 631.2M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 23, 2024 | egan don a. | sold (taxes) | -52,446 | 172 | -304 | svp and coo c&i |
Mar 23, 2024 | stern brian k. | sold (taxes) | -37,609 | 172 | -218 | svp and coo t&d |
Mar 23, 2024 | huntington kelly michelle | sold (taxes) | -34,849 | 172 | -202 | senior vp and cfo |
Mar 23, 2024 | huntington kelly michelle | acquired | - | - | 732 | senior vp and cfo |
Mar 23, 2024 | fry william | acquired | - | - | 2,057 | svp, clo and secretary |
Mar 23, 2024 | egan don a. | acquired | - | - | 1,051 | svp and coo c&i |
Mar 23, 2024 | swartz richard s. jr. | sold (taxes) | -747,702 | 172 | -4,334 | president and ceo |
Mar 23, 2024 | fry william | sold (taxes) | -155,613 | 172 | -902 | svp, clo and secretary |
Mar 23, 2024 | swartz richard s. jr. | acquired | - | - | 9,904 | president and ceo |
Mar 23, 2024 | stern brian k. | acquired | - | - | 739 | svp and coo t&d |
Which funds bought or sold MYRG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -5.37 | 2,737 | 178,329 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | added | 700 | 1,022,280 | 1,157,040 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.4 | 13,126,600 | 182,368,000 | -% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -24.45 | -474,965 | 2,036,290 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 67.72 | 5,598,820 | 12,597,000 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.83 | 78,348 | 1,296,170 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 53,000 | 781,000 | 0.01% |
Feb 21, 2024 | Garde Capital, Inc. | unchanged | - | 25,000 | 362,000 | 0.03% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 3.91 | 142,000 | 1,379,000 | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -3.63 | 1,232 | 42,232 | -% |
Unveiling MYR Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to MYR Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GE | 196.0B | 68.0B | 20.68 | 2.88 | ||||
CAT | 186.2B | 67.1B | 18.02 | 2.78 | ||||
AME | 42.5B | 6.6B | 32.33 | 6.43 | ||||
CMI | 41.8B | 34.1B | 49.79 | 1.23 | ||||
ACM | 13.2B | 14.9B | 214.07 | 0.89 | ||||
MID-CAP | ||||||||
APG | 9.7B | 6.9B | 63.11 | 1.39 | ||||
FLR | 7.1B | 15.5B | 51.56 | 0.46 | ||||
FLS | 6.0B | 4.3B | 32.14 | 1.39 | ||||
ACA | 4.2B | 2.3B | 26.24 | 1.81 | ||||
ALG | 2.7B | 1.7B | 19.99 | 1.61 | ||||
SMALL-CAP | ||||||||
NKLA | 1.2B | 35.8M | -1.26 | 33.91 | ||||
AMRC | 1.2B | 1.4B | 19.01 | 0.86 | ||||
AGX | 671.5M | 527.6M | 19.76 | 1.27 | ||||
AMSC | 413.4M | 135.4M | -25.21 | 3.05 | ||||
ADES | 216.4M | 99.2M | -17.67 | 2.18 |
MYR Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 6.9% | 1,004 | 939 | 889 | 812 | 864 | 800 | 708 | 637 | 646 | 610 | 650 | 592 | 608 | 608 | 513 | 518 | 571 | 583 | 449 | 468 | 446 |
Gross Profit | 5.5% | 97.00 | 92.00 | 90.00 | 84.00 | 96.00 | 86.00 | 81.00 | 80.00 | 83.00 | 84.00 | 81.00 | 77.00 | 76.00 | 76.00 | 61.00 | 62.00 | 69.00 | 59.00 | 43.00 | 43.00 | 47.00 |
S&GA Expenses | 0.2% | 60.00 | 60.00 | 58.00 | 57.00 | 58.00 | 59.00 | 52.00 | 54.00 | 53.00 | 53.00 | 52.00 | 50.00 | 51.00 | 51.00 | 41.00 | 45.00 | 48.00 | 42.00 | 34.00 | 33.00 | 30.00 |
EBITDA Margin | -2.9% | 0.05* | 0.05* | 0.05* | 0.05* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 42.5% | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 |
Income Taxes | 22.7% | 11.00 | 9.00 | 9.00 | 4.00 | 11.00 | 8.00 | 8.00 | 4.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 5.00 | 4.00 | 5.00 | 4.00 | 2.00 | 3.00 | 4.00 |
Earnings Before Taxes | 15.1% | 35.00 | 31.00 | 32.00 | 27.00 | 36.00 | 26.00 | 28.00 | 24.00 | 29.00 | 31.00 | 29.00 | 27.00 | 25.00 | 24.00 | 18.00 | 14.00 | 18.00 | 14.00 | 9.00 | 9.00 | 15.00 |
EBT Margin | -4.1% | 0.03* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.05* | 0.05* | 0.04* | 0.04* | - | - | - | - | - | - | - | - | - |
Net Income | 11.8% | 24.00 | 22.00 | 22.00 | 23.00 | 25.00 | 18.00 | 20.00 | 21.00 | 21.00 | 23.00 | 21.00 | 20.00 | 18.00 | 17.00 | 13.00 | 10.00 | 13.00 | 10.00 | 7.00 | 7.00 | 11.00 |
Net Income Margin | -4.4% | 0.02* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 327.9% | 22.00 | -9.51 | -43.43 | 18.00 | 65.00 | -4.49 | 22.00 | 7.00 | 9.00 | 8.00 | 15.00 | 52.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 1.2% | 1,579 | 1,561 | 1,465 | 1,360 | 1,399 | 1,330 | 1,264 | 1,206 | 1,121 | 1,064 | 1,051 | 1,019 | 996 | 1,019 | 950 | 993 | 1,008 | 988 | 807 | 795 | 749 |
Current Assets | -0.6% | 1,026 | 1,032 | 940 | 848 | 890 | 835 | 784 | 716 | 748 | 701 | 691 | 665 | 637 | 659 | 595 | 629 | 639 | 639 | 513 | 506 | 476 |
Cash Equivalents | -18.3% | 25.00 | 30.00 | 23.00 | 47.00 | 51.00 | 36.00 | 22.00 | 19.00 | 82.00 | 73.00 | 68.00 | 73.00 | 23.00 | 19.00 | 10.00 | 34.00 | 12.00 | 9.00 | 4.00 | 1.00 | 8.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 182 | 184 | 185 | 178 | 169 | 163 | 162 |
Goodwill | 1.1% | 117 | 116 | 117 | 116 | 116 | 115 | 108 | 111 | 44.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 66.00 | 9.00 | 57.00 | 57.00 |
Liabilities | -0.8% | 928 | 935 | 861 | 783 | 839 | 794 | 733 | 669 | 602 | 568 | 579 | 571 | 567 | 610 | 561 | 618 | 643 | 637 | 468 | 464 | 424 |
Current Liabilities | 0.9% | 747 | 741 | 685 | 625 | 667 | 585 | 565 | 498 | 499 | 456 | 470 | 448 | 443 | 460 | 404 | 378 | 397 | 394 | 304 | 294 | 284 |
Long Term Debt | -48.9% | 29.00 | 57.00 | 40.00 | 20.00 | 35.00 | 81.00 | 54.00 | 49.00 | 3.00 | 4.00 | 7.00 | 25.00 | 25.00 | 66.00 | 75.00 | 153 | 157 | 172 | 100 | 106 | 86.00 |
LT Debt, Current | 34.0% | 7.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 4.00 | 4.00 | 4.00 | 7.00 | 8.00 | 9.00 | 7.00 | 7.00 | 4.00 | 4.00 |
LT Debt, Non Current | -48.9% | 29.00 | 57.00 | 40.00 | 20.00 | 35.00 | 81.00 | 54.00 | 49.00 | 3.00 | 4.00 | 7.00 | 25.00 | 25.00 | 66.00 | 75.00 | 153 | 157 | 172 | 100 | 106 | 86.00 |
Shareholder's Equity | 4.1% | 651 | 625 | 604 | 578 | 560 | 536 | 531 | 536 | 519 | 496 | 472 | 448 | 429 | 409 | 389 | 375 | 364 | 351 | 339 | 331 | 324 |
Retained Earnings | 4.5% | 493 | 471 | 450 | 427 | 405 | 384 | 374 | 375 | 355 | 334 | 311 | 290 | 270 | 252 | 235 | 222 | 212 | 199 | 189 | 182 | 175 |
Additional Paid-In Capital | 1.0% | 162 | 161 | 159 | 156 | 161 | 160 | 159 | 159 | 164 | 162 | 160 | 158 | 159 | 156 | 155 | 153 | 153 | 151 | 150 | 149 | 148 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 284 | 276 | 273 | 269 | 266 | 261 | 253 |
Shares Outstanding | -0.1% | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 | 1.00 | 1.00 |
Float | - | - | - | 1,910 | - | - | - | 1,210 | - | - | - | 1,270 | - | - | - | 381 | - | - | - | 507 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 239.7% | 42,624 | 12,548 | -21,314 | 37,158 | 93,758 | 13,607 | 38,652 | 21,467 | 29,013 | 19,653 | 29,172 | 59,390 | 46,541 | 30,703 | 62,680 | 35,243 | 33,154 | 24,346 | 15,604 | -8,205 | 26,120 |
Share Based Compensation | -19.7% | 1,814 | 2,258 | 2,322 | 1,982 | 2,056 | 2,178 | 2,064 | 1,624 | 2,146 | 1,915 | 1,948 | 1,487 | 1,884 | 1,631 | 1,093 | 1,080 | 1,142 | 1,108 | 1,202 | 951 | 685 |
Cashflow From Investing | 9.6% | -19,335 | -21,394 | -20,323 | -18,076 | -28,193 | -17,773 | -16,174 | -123,586 | -19,087 | -10,852 | -12,980 | -6,380 | -15,603 | -10,018 | -7,037 | -8,268 | -17,321 | -89,873 | -17,224 | -9,079 | -9,903 |
Cashflow From Financing | -272.8% | -29,236 | 16,917 | 17,064 | -23,113 | -50,998 | 21,374 | -17,617 | 37,969 | -492 | -3,681 | -21,153 | -2,769 | -27,692 | -11,838 | -79,694 | -5,072 | -12,660 | 70,362 | 4,590 | 11,064 | -8,970 |
Buy Backs | - | 2,868 | - | -7,936 | 7,936 | 1,076 | 9,899 | 23,467 | 6,791 | - | -1,676 | 734 | 2,618 | -426 | 1.00 | -1.00 | 426 | - | - | - | 778 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Contract revenues | $ 3,643,905 | $ 3,008,542 | $ 2,498,289 |
Contract costs | 3,279,508 | 2,664,580 | 2,173,308 |
Gross profit | 364,397 | 343,962 | 324,981 |
Selling, general and administrative expenses | 234,611 | 222,424 | 207,208 |
Amortization of intangible assets | 4,907 | 9,009 | 2,311 |
Gain on sale of property and equipment | (4,214) | (2,378) | (3,098) |
Income from operations | 129,093 | 114,907 | 118,560 |
Other income (expense): | |||
Interest income | 888 | 187 | 70 |
Interest expense | (4,939) | (3,563) | (1,799) |
Other income (expense), net | (38) | 2,673 | (525) |
Income before provision for income taxes | 125,004 | 114,204 | 116,306 |
Income tax expense | 34,014 | 30,823 | 31,300 |
Net income | 90,990 | 83,381 | 85,006 |
Less: net loss attributable to noncontrolling interest | 0 | 0 | (4) |
Net income attributable to MYR Group Inc. | $ 90,990 | $ 83,381 | $ 85,010 |
Income per common share attributable to MYR Group Inc.: | |||
Basic (in dollars per share) | $ 5.45 | $ 4.98 | $ 5.05 |
Diluted (in dollars per share) | $ 5.40 | $ 4.91 | $ 4.95 |
Weighted average number of common shares and potential common shares outstanding: | |||
Basic (in shares) | 16,682 | 16,760 | 16,838 |
Diluted (in shares) | 16,837 | 16,980 | 17,161 |
Net income | $ 90,990 | $ 83,381 | $ 85,006 |
Other comprehensive income (loss): | |||
Foreign currency translation adjustment | 2,420 | (6,473) | 150 |
Other comprehensive income (loss) | 2,420 | (6,473) | 150 |
Total comprehensive income | 93,410 | 76,908 | 85,156 |
Less: net loss attributable to noncontrolling interest | 0 | 0 | (4) |
Total comprehensive income attributable to MYR Group Inc. | $ 93,410 | $ 76,908 | $ 85,160 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 24,899 | $ 51,040 |
Accounts receivable, net of allowances of $1,987 and $2,073, respectively | 521,893 | 472,543 |
Contract assets, net of allowances of $610 and $499, respectively | 420,616 | 300,615 |
Current portion of receivable for insurance claims in excess of deductibles | 8,267 | 9,325 |
Refundable income taxes | 4,034 | 8,944 |
Prepaid expenses and other current assets | 46,535 | 47,824 |
Total current assets | 1,026,244 | 890,291 |
Property and equipment, net of accumulated depreciation of $380,465 and $351,753, respectively | 268,978 | 233,175 |
Operating lease right-of-use assets | 35,012 | 30,544 |
Goodwill | 116,953 | 115,847 |
Intangible assets, net of accumulated amortization of $30,534 and $25,439, respectively | 83,516 | 87,557 |
Receivable for insurance claims in excess of deductibles | 33,739 | 34,210 |
Investment in joint venture | 8,707 | 3,697 |
Other assets | 5,597 | 3,537 |
Total assets | 1,578,746 | 1,398,858 |
Current liabilities | ||
Current portion of long-term debt | 7,053 | 5,074 |
Current portion of operating lease obligations | 9,237 | 9,711 |
Current portion of finance lease obligations | 2,039 | 1,127 |
Accounts payable | 359,363 | 315,323 |
Contract liabilities | 240,411 | 227,055 |
Current portion of accrued self-insurance | 28,269 | 28,752 |
Accrued income taxes | 237 | 0 |
Other current liabilities | 100,593 | 79,918 |
Total current liabilities | 747,202 | 666,960 |
Deferred income tax liabilities | 48,230 | 45,775 |
Long-term debt | 29,188 | 35,479 |
Accrued self-insurance | 51,796 | 51,287 |
Operating lease obligations, net of current maturities | 25,775 | 20,845 |
Finance lease obligations, net of current maturities | 314 | 2,313 |
Other liabilities | 25,039 | 15,999 |
Total liabilities | 927,544 | 838,658 |
Commitments and contingencies | ||
Shareholders’ equity | ||
Preferred stock – $0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at December 31, 2023 and December 31, 2022 | 0 | 0 |
Common stock – $0.01 par value per share; 100,000,000 authorized shares; 16,684,492 and 16,563,767 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 167 | 165 |
Additional paid-in capital | 162,386 | 161,427 |
Accumulated other comprehensive loss | (3,880) | (6,300) |
Retained earnings | 492,529 | 404,908 |
Total shareholders’ equity | 651,202 | 560,200 |
Total liabilities and shareholders’ equity | $ 1,578,746 | $ 1,398,858 |