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Upturn AI SWOT - About
MYRG 
MYR Group Inc (MYRG)
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Upturn Advisory Summary
07/03/2025: MYRG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $171
1 Year Target Price $171
| 4 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 104.2% | Avg. Invested days 72 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.93B USD | Price to earnings Ratio 87.85 | 1Y Target Price 171 |
Price to earnings Ratio 87.85 | 1Y Target Price 171 | ||
Volume (30-day avg) 5 | Beta 1.17 | 52 Weeks Range 86.60 - 189.36 | Updated Date 07/4/2025 |
52 Weeks Range 86.60 - 189.36 | Updated Date 07/4/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.15 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.02% | Operating Margin (TTM) 3.98% |
Management Effectiveness
Return on Assets (TTM) 2.32% | Return on Equity (TTM) 5.71% |
Valuation
Trailing PE 87.85 | Forward PE - | Enterprise Value 2964128818 | Price to Sales(TTM) 0.87 |
Enterprise Value 2964128818 | Price to Sales(TTM) 0.87 | ||
Enterprise Value to Revenue 0.88 | Enterprise Value to EBITDA 23.05 | Shares Outstanding 15522800 | Shares Floating 15226037 |
Shares Outstanding 15522800 | Shares Floating 15226037 | ||
Percent Insiders 1.81 | Percent Institutions 102.49 |
Upturn AI SWOT
MYR Group Inc
Company Overview
History and Background
MYR Group Inc. was founded in 1891 as Hatfield Electric Company. Over time, it transitioned and grew, becoming a leading specialty contractor serving the electrical infrastructure market. Significant milestones include expansion into new markets and acquisitions to enhance service offerings.
Core Business Areas
- Transmission and Distribution (T&D): Focuses on the construction, maintenance, and upgrade of high-voltage power lines and substations.
- Commercial and Industrial (C&I): Provides electrical construction services for commercial, industrial, and renewable energy projects.
Leadership and Structure
The leadership team includes Richard Swartz (President and CEO). The organizational structure is based on regional operating subsidiaries, each focusing on specific geographic areas and service lines.
Top Products and Market Share
Key Offerings
- High-Voltage Transmission Line Construction: Construction and maintenance of high-voltage power lines. Market share information is not readily available at a granular level. Competitors include Quanta Services (PWR) and MasTec (MTZ).
- Substation Construction: Construction, upgrade and maintenance of substations. Market share information is not readily available at a granular level. Competitors include Quanta Services (PWR) and MasTec (MTZ).
- Renewable Energy Construction: Electrical construction for solar, wind, and other renewable energy projects. Market share information is not readily available at a granular level. Competitors include Quanta Services (PWR) and MasTec (MTZ).
Market Dynamics
Industry Overview
The electrical infrastructure market is driven by aging infrastructure, increasing demand for electricity, and the growth of renewable energy. Increased need for upgrades and expansion to grids.
Positioning
MYR Group Inc. is a leading specialty contractor with a strong reputation for quality and safety. This gives it a competitive advantage in securing large and complex projects.
Total Addressable Market (TAM)
The TAM for electrical infrastructure construction is estimated to be in the tens of billions of dollars annually. MYR Group Inc. holds a significant portion of the specialized segment, but the specific size varies. The market is highly fragmented but MYR is well positioned to compete.
Upturn SWOT Analysis
Strengths
- Strong reputation and brand recognition
- Experienced workforce
- Diversified service offerings
- Strong safety record
- Geographic footprint
Weaknesses
- Dependence on project backlog
- Exposure to economic cycles
- Labor availability and costs
- Seasonality of construction activities
- Project execution risk
Opportunities
- Growth in renewable energy projects
- Infrastructure modernization initiatives
- Expansion into new geographic markets
- Increased demand for grid hardening
- Federal funding for grid upgrades
Threats
- Economic downturns
- Increased competition
- Fluctuations in material costs
- Regulatory changes
- Delays in project approvals
Competitors and Market Share
Key Competitors
- Quanta Services (PWR)
- MasTec (MTZ)
- EMCOR Group (EME)
Competitive Landscape
MYR Group Inc. competes with larger and smaller companies, each with its own strengths and weaknesses. MYR Group Inc.'s focus on quality and safety allows it to compete effectively for large and complex projects.
Major Acquisitions
Sturgeon Electric Company, Inc.
- Year: 2008
- Acquisition Price (USD millions):
- Strategic Rationale: Expanded MYR Group's geographic reach and service capabilities.
Growth Trajectory and Initiatives
Historical Growth: MYR Group Inc. has experienced consistent revenue growth over the past years, driven by increased demand for its services. The specific numbers are not readily available.
Future Projections: Analysts project continued revenue growth, driven by infrastructure spending. The specific numbers are not readily available.
Recent Initiatives: Recent strategic initiatives include expansion into new geographic markets and investments in technology and training.
Summary
MYR Group is a strong player in the electrical infrastructure market, benefiting from the increasing need to upgrade the nation's grids. The company's focus on safety and its experienced workforce provides a competitive edge. Key areas to watch include managing labor costs and economic cycles. Federal infrastructure investments present substantial opportunities.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is based on available information and is not financial advice. Market conditions are subject to change. Financial information is delayed, refer to official filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MYR Group Inc
Exchange NASDAQ | Headquaters Thornton, CO, United States | ||
IPO Launch date 2008-08-13 | President, CEO & Director Mr. Richard S. Swartz Jr. | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 8500 | Website https://www.myrgroup.com |
Full time employees 8500 | Website https://www.myrgroup.com | ||
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through two segments: Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.
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