MYR Group (MYP) Stock Price & Analysis
MYP Stock Chart & Stats
- Day’s Range
- EUR 223.30 - EUR 237.90
- 52-Week Range
- EUR 175.00 - EUR 446.10
- Previous Close
- EUR 233.00
- Volume
- N/A
- Average Volume (3M)
- 5
- Market Cap
- EUR 3.67B
- Enterprise Value
- EUR 4.85B
- Total Cash (Recent Filing)
- EUR 26.01M
- Total Debt (Recent Filing)
- EUR 281.11M
- Price to Earnings (P/E)
- 19.9
- Beta
- 0.27
- Next Earnings
- Mar 03, 2027 (Est.)
- EPS Estimate
- 2.81
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Record Backlog
The record backlog provides substantial revenue visibility across both T&D and C&I, reducing reliance on near-term awards. Its 38% annual increase indicates strong customer demand and supports continued growth as projects are converted into revenue over coming quarters.
Structural Market Demand
Long-term investment in grid modernization, electrification, resilience, data centers, and industrial infrastructure supports a durable addressable market. MYR’s presence across T&D and C&I allows it to participate in several structural spending trends rather than one temporary project cycle.
Liquidity And Moderate Leverage
Strong liquidity and low funded leverage give MYR flexibility to fund working capital, capital expenditures, acquisitions, and project growth. This financial capacity improves resilience during construction-cycle cash swings while preserving options to pursue attractive strategic opportunities.
Bears Say
Cash Flow Volatility
Uneven cash conversion is a meaningful risk for a project-based contractor because billing timing, project starts, completions, and capital spending can diverge from reported earnings. Continued volatility could constrain self-funded growth and increase reliance on available credit.
Margin Execution Risk
The presence of project inefficiencies shows that improved margins are not fully guaranteed across the portfolio. Cost overruns or weaker execution can quickly erode profitability in contracting, making earnings less predictable even when revenue and backlog remain strong.
Acquisition Cost Headwinds
Acquisition-related amortization and higher employee and integration costs can weigh on segment margins while acquired operations are absorbed. These expenses may persist beyond the initial deal period, reducing the near-term earnings benefit of otherwise successful growth investments.
MYR Group News
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MYR Group Stock Smart Score
Company Description
MYR Group
Operating across the United States and Canada, MYR Group Inc. is a leading provider of electrical construction services, delivered through its two core divisions: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution division specializes in comprehensive services for electrical transmission and distribution grids, as well as substation infrastructure. These offerings span design, engineering, procurement, construction, enhancements, upkeep, and repairs, primarily targeting clients within the electric utility sector. Key activities include building and maintaining high-voltage transmission lines, substations, and both underground and overhead lower-voltage distribution systems. The segment also handles renewable power installations, some gas construction projects, and critical emergency restoration following natural disasters like hurricanes or ice storms. As a prime contractor, MYR serves a diverse client base, including investor-owned utilities, cooperatives, private developers, government-funded entities, independent power producers, transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial division delivers a variety of services, encompassing the design, installation, maintenance, and repair of electrical wiring for commercial and industrial settings. This also extends to installing traffic control networks and lighting systems for bridges, roadways, and tunnels. Their expertise is applied across a wide array of venues, such as airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy sites, manufacturing and processing plants, wastewater treatment facilities, mining operations, and transportation management systems. Clients for this segment include general contractors, commercial and industrial property owners, government agencies, and developers. Established in 1891, MYR Group Inc. maintains its corporate headquarters in Henderson, Colorado.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Richard S. Swartz Jr.
- Employees
- 9,000
- Website
- www.myrgroup.com
- Address
- 12150 East 112th Avenue, Thornton, CO, 80241, US
MYR Group (MYP) Earnings & Revenues
MYP Earnings Call
Earnings Call SentimentPositive
The call was strongly positive, highlighted by record revenue, net income, EBITDA, backlog, significant C&I growth, improved margins, favorable acquisition performance, strong liquidity, and supportive market demand. The company also provided substantial growth expectations and described active project and acquisition pipelines. The main challenges were lower operating and free cash flow, project inefficiencies, higher SG&A and acquisition-related amortization, working-capital pressure from customer payment terms and higher interest rates, and the delayed timing of larger T&D projects.
View all DE:MYP earnings summariesMYP Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 14 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 0 | 0 | 12 |
