MYR Group Inc

MYR Group Inc

MYR Group Inc is an electrical contractor that provides services, including engineering, construction, and maintenance.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying MYR Group's stock, predicting it could rise to $182 in value.

Above Average

Financial Health

MYR Group Inc is performing well, showing solid revenue and cash flow despite low profit margins.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why Youโ€™ll Want to Watch This Stock

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Infrastructure tailwinds

Spending on grid upgrades and renewables can boost opportunity for MYR, though project timing and budget cycles can create uneven revenue patterns.

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Backlog visibility

A healthy backlog can provide revenue visibility and help smooth earnings, but large contracts can also make results lumpy and execution-dependent.

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Cyclical and execution risks

Business sensitivity to construction cycles, labour and material costs means returns can vary; careful attention to margins and project delivery is important.

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Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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