| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Across the recent three months, 5 analysts have shared their insights on MYR Group (NASDAQ:MYRG), expressing a variety of opinions spanning from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $205.4, a high estimate of $211.00, and a low estimate of $202.00. This current average reflects an increase of 14.27% from the previous average price target of $179.75.
A clear picture of MYR Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Julien Dumoulin-Smith | Jefferies | Announces | Hold | $202.00 | - |
| Ati Modak | Goldman Sachs | Raises | Neutral | $205.00 | $168.00 |
| Sangita Jain | Keybanc | Raises | Overweight | $211.00 | $205.00 |
| Eric Heath | Keybanc | Raises | Overweight | $205.00 | $172.00 |
| Brian Brophy | Stifel | Raises | Buy | $204.00 | $174.00 |
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of MYR Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on MYR Group analyst ratings.
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution networks and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: MYR Group's revenue growth over a period of 3M has been noteworthy. As of 30 June, 2025, the company achieved a revenue growth rate of approximately 8.62%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 2.94%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): MYR Group's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.68%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): MYR Group's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.7%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.23.
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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