Home Sectors Industrials Latest Fundamentals: MYR Group (NASDAQ: MYRG)

Latest Fundamentals: MYR Group (NASDAQ: MYRG)


MYR Group is part of the engineering and construction industry and trades as part of the industrials sector. The company CEO is Richard S. Swartz. MYR Group Inc provides specialty electrical construction services. It offers design, engineering, procurement, construction, upgrade, maintenance and repair services on transmission and distribution network.

Previous Intraday Trading Performance:

The MYRG stock showed a previous change of -3.10% with an open at 30.46 and a close of 29.72. It reached an intraday high of 30.46 and a low of 29.53.

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The stock has a market cap of $492.3m with 16.6m shares outstanding, of which the float is 15.7m shares. Trading volume reached 14,437 shares compared to its average volume of 42,509 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, MYR Group shares returned -1.69% and in the past 30 trading days it returned 7.37%. Over three months, it changed -13.07%. In one year it has changed -11.20% and within that year its 52-week high was 40.81 and its 52-week low was 26.24. MYRG stock is 13.26% above its 52 Week Low.

Our calculations show a 200 day moving average of 33.61 and a 50 day moving average of 29.53. Currently MYRG stock is trading -11.57% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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The last annual fiscal EPS for the company was reported at 1.27 that ended on 31st of December 2017, which according to the previous close, that is a PE of 23.40. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.51. The TTM EPS is 1.53, which comes to a TTM PE of 19.42. Historically, the PE high was 35.00 and the PE low was 10.70. If the stock reached its PE low, that would represent a price of 16.38, which is a decrease of -44.90%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.48
06-30-2018:  0.41
03-31-2018:  0.29
12-31-2017:  0.35

Base on our calculations, the intrinsic value per share is 40.12, which means it is possibly undervalued and has a margin of safety of 25.92%

Indicators to Watch:

Based on the latest filings, there is 139.40% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.60

Business Wire:  Mueller Industries, Inc. Reports Fourth Quarter and Fiscal 2018 Earnings

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.70%, return on assets is 5.17%, profit margin is 1.88%, price-to-sales is 0.47 and price-to-book is 1.61.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 5  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.