NasdaqGS:MYRGConstruction
Assessing MYR Group (MYRG) Valuation As Backlog Stalls And Costs Pressure Margins
Why MYR Group’s recent contract and cost trends matter for shareholders
MYR Group (MYRG) is contending with a flat project backlog over the past two years and higher production costs that are pressuring gross margins and reducing returns on capital, raising fresh questions about the stock’s risk and reward profile.
See our latest analysis for MYR Group.
Despite the contract and cost headwinds, MYR Group’s share price has climbed to US$273.95, with a 30-day share price return of 9.42% and a...