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Forecast

The analysts' average price target is €357.77 (+53.02%). The median is €335.58 (+43.53%).

Buy
  10
Hold
  12
Sell
  0

  • MYR Group benefits from record backlog and acquires Valley Holdings

    MYR Group reports a record backlog thanks to the expansion of power grids in the US and Canada. The acquisition of Valley Holdings for $328 million strengthens the company’s commercial and industrial segment. In the first quarter MYR Group doubled earnings per share, underlining the positive operational development. » More on finanzen.net


  • MYR Group to acquire Valley Electric and Comet Electric for about $328 million

    MYR Group announces signing of an agreement to acquire Valley Holdings, including Valley Electric and Comet Electric, for approximately $328.0 million. The transaction, approved by seller Prospect Capital and the MYR board, is expected to close around July 1, 2026, and is subject to customary purchase price adjustments and regulatory approvals. MYR plans to finance the acquisition with cash and funds from its revolving credit facility; the two targets most recently generated combined average annual revenue of more than $400 million. The deal represents roughly 4.5% of MYR’s market capitalization; MYR has more cash than debt and a very low leverage ratio of 0.09. » More on de.investing.com


  • MYR Group far exceeds Q1-2026 expectations

    MYR Group reported Q1 2026 EPS of $2.99 (expectation $2.06) and revenue of $1.0 billion, with both metrics clearly beating forecasts. Revenue increased 20% year over year, both segments contributed to the growth, and the company recorded record net income and EBITDA. The backlog stands at $2.84 billion and supports the optimistic outlook; the stock jumped sharply in after-hours trading. » More on de.investing.com

Financials

In the last quarter, MYR Group had revenue of €947.82m and net profit of €43.68m
(EUR) June 2026
YoY
Revenue 947.82m 24.08%
Gross profit 125.01m 43.75%
Net profit 43.68m 94.53%
EBITDA 74.53m 57.88%

Fundamentals

Metric Value
Market capitalization
€3.55bn
Number of shares
15.57m
52-week high/low
€450.63 - €178.36
Dividends No
Beta
1.32
P/E ratio
23.94
PEG ratio
0.20
P/B ratio
5.25
P/S ratio
0.99

Company profile

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in 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, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a 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 traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

Name
MYR Group
CEO
Richard S. Swartz Jr.
Headquarters Thornton, co
USA
Website
Sector
Industrials
Industry
Construction & Engineering
IPO
13/08/2008
Employees 9,000

Ticker symbols

Exchange Symbol
NASDAQ
MYRG
Frankfurt
MYP.F
DĂĽsseldorf
MYP.DU
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