MYR Group Inc (MYRG) Stock Forecast & Price Target
MYR Group Inc · NASDAQ
$287.93+1.34 (+0.47%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 6 firms covering MYR Group Inc, 3 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $305.00 to $564.00, a moderate spread. The average target of $410.25 sits 42% above the current $287.93. 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 $3.03 next quarter toward $14.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS6 ratings
Moderate Buy
Strong Buy00%
Buy350%
Hold350%
Sell00%
Strong Sell00%
Based on 6 analysts giving stock ratings to MYR Group Inc.
As of Sep, 3 of 6 firms rate MYRG a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MYRG EPS & revenue forecast
EPS · NEXT QUARTER
$3.03
Range $2.75 – $3.35 · 6 analysts · +30% YoY
Next period, 6 analysts expect MYR Group Inc to earn $3.03 a share (range $2.75 – $3.35), versus $2.33 a year earlier. Full-year consensus is $12.19, growing to $14.57 the year after.
REVENUE · NEXT QUARTER
$1.2B
Range $1.1B – $1.2B · 6 analysts · +18% YoY
Revenue is expected to reach $1.2B (range $1.1B – $1.2B), +18.4% year-over-year. Full-year consensus is $4.4B, rising to $5.1B 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 #76
Buy
$305.00+5.9% to target
Overall win rate
56%
+ Follow
#2
Julien Dumoulin-Smith
Jefferies · Rank #151
Hold
$221.00-23.2% to target
Overall win rate
44%
+ Follow
#3
SJ
Sangita Jain
Keybanc · Rank #299
Hold
No targeton MYRG
Overall win rate
32%
+ Follow
#4
AM
Ati Modak
Goldman Sachs
Hold
$422.00+46.6% to target
Coverage
—
+ Follow
#5
MA
Manish A. Somaiya
Cantor Fitzgerald
Buy
$564.00+95.9% to target
Coverage
—
+ Follow
MYRG stock forecast FAQ
What is MYRG's average 12-month price target?+
The 4 analysts with a live target average $410.25 for MYR Group Inc over the next 12 months, ranging from a $564.00 high to a $305.00 low.
Is MYRG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 6 analyst ratings, 3 are Buy or Strong Buy, 3 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 $305.00 (Stifel). The average of all 4 active targets is $410.25.
How many Wall Street analysts cover MYRG?+
6 analysts have an active rating on MYR Group Inc, and 4 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 #76). 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 $3.03 per share (range $2.75 – $3.35) across 6 analysts. Full-year EPS is projected at $12.19, rising to $14.57 the following year.
How much revenue is MYR Group Inc expected to report next quarter?+
Consensus revenue is $1.2B (range $1.1B – $1.2B). Full-year revenue is projected at $4.4B, growing to $5.1B next year.
Have analysts been upgrading or downgrading MYRG lately?+
As of Sep, 3 of 6 firms rate MYRG a Buy (3 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.
