MYR Group Stock Price and Value Analysis

Should you buy MYR Group stock? (NasdaqGS:MYRG). Let's see how it does in our automated value investing analysis system.

  • This company is solid.
  • This company is making money at a modest rate.
  • This company has wild ups and downs.
  • This stock looks overpriced.
  • This company pays no dividend.

Inside the MYRG Numbers

MYRG Price
(MYR Group stock price per share)
[?] MYRG Fair Price
(based on intrinsic value)
[?] MYRG Safety Price (based on a variable margin of safety) $22.69
[?] PE Ratio versus Sector 63% higher than other Industrial Goods stocks
[?] PE Ratio versus Industry 13% lower than other Engineering & Construction stocks
[?] Cash Yield 2.30%
[?] Free Cash Flow Jitter 87%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 274,136 shares shorted. With 16,202,319 shares available for purchase and an average trading volume over the past 10 trading days of 71,850, it would take at least 3.815 days for all of the short holders to cover their shorts.

Is MYR Group Stock on Sale?

We believe that MYR Group may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

MYR Group looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy MYRG Stock?

Does MYR Group have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.