MYR Group Inc (MYRG) Stock Forecast & Price Target
MYR Group Inc · NASDAQ
$340.50-28.50 (-7.72%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering MYR Group Inc, 4 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $202.00 to $564.00 (about 2.8x), a sign of real disagreement on valuation. The average target of $321.33 sits 6% below the current $340.50. The rating mix has stayed broadly stable, with Buy-side ratings easing from 4 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.95 next quarter toward $13.47 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy450%
Hold450%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to MYR Group Inc.
As of Jul, 3 of 7 firms rate MYRG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MYRG EPS & revenue forecast
EPS · NEXT QUARTER
$2.95
Range $2.71 – $3.37 · 7 analysts · +44% YoY
Next period, 7 analysts expect MYR Group Inc to earn $2.95 a share (range $2.71 – $3.37), versus $2.05 a year earlier. Full-year consensus is $11.47, growing to $13.47 the year after.
REVENUE · NEXT QUARTER
$1.1B
Range $1.0B – $1.2B · 7 analysts · +13% YoY
Revenue is expected to reach $1.1B (range $1.0B – $1.2B), +12.8% year-over-year. Full-year consensus is $4.1B, rising to $4.6B next year.
Top analysts covering MYR Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MYRG.
#1
Brian Brophy
Stifel · Rank #68
Buy
$305.00-10.4% to target
Overall win rate
56%
+ Follow
#2
AM
Ati Modak
Goldman Sachs
Hold
$296.00-13.1% to target
Coverage
—
+ Follow
#3
SJ
Sangita Jain
Keybanc
Hold
No targeton MYRG
Coverage
—
+ Follow
#4
Kashy Harrison
Piper Sandler
Hold
$153.00-55.1% to target
Coverage
—
+ Follow
#5
MA
Manish A. Somaiya
Cantor Fitzgerald
Buy
$564.00+65.6% to target
Coverage
—
+ Follow
MYRG stock forecast FAQ
What is MYRG's average 12-month price target?+
The 5 analysts with a live target average $321.33 for MYR Group Inc over the next 12 months, ranging from a $564.00 high to a $202.00 low.
Is MYRG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 4 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MYRG?+
The Street-high target is $564.00 (Cantor Fitzgerald), and the Street-low is $202.00 (Jefferies). The average of all 5 active targets is $321.33.
How many Wall Street analysts cover MYRG?+
8 analysts have an active rating on MYR Group Inc, and 5 firms carry a live 12-month price target.
Who is the most accurate analyst covering MYRG?+
Among analysts who currently cover MYRG, Brian Brophy of Stifel has the strongest overall Quantellect track record (Rank #68). Their current call is Buy with a $305.00 target.
What is MYR Group Inc's projected EPS for next quarter?+
The consensus estimate is $2.95 per share (range $2.71 – $3.37) across 7 analysts. Full-year EPS is projected at $11.47, rising to $13.47 the following year.
How much revenue is MYR Group Inc expected to report next quarter?+
Consensus revenue is $1.1B (range $1.0B – $1.2B). Full-year revenue is projected at $4.1B, growing to $4.6B next year.
Have analysts been upgrading or downgrading MYRG lately?+
As of Jul, 3 of 7 firms rate MYRG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MYRG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
