Announcement • 7h
MYR Group Inc. to Report Q2, 2026 Results on Jul 29, 2026 MYR Group Inc. announced that they will report Q2, 2026 results After-Market on Jul 29, 2026 Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €361, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 184% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €353 per share. Announcement • Jun 29
MYR Group Inc.(NasdaqGS:MYRG) dropped from Russell 2000 Dynamic Index MYR Group Inc.(NasdaqGS:MYRG) dropped from Russell 2000 Dynamic Index Buy Or Sell Opportunity • Jun 28
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 78% to €421. The fair value is estimated to be €340, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Recent Insider Transactions • Jun 04
Independent Director recently sold €1.2m worth of stock On the 1st of June, Shirin O'connor sold around 3k shares on-market at roughly €385 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Buy Or Sell Opportunity • May 28
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 68% to €394. The fair value is estimated to be €319, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Aurelie Richard was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
MYR Group Inc. to Report Q1, 2026 Results on Apr 29, 2026 MYR Group Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Announcement • Mar 05
MYR Group Inc., Annual General Meeting, Apr 23, 2026 MYR Group Inc., Annual General Meeting, Apr 23, 2026. Location: virtualshareholdermeeting.com/myrg2026., United States Announcement • Feb 12
MYR Group Inc. to Report Q4, 2025 Results on Feb 25, 2026 MYR Group Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Announcement • Oct 16
MYR Group Inc. to Report Q3, 2025 Results on Oct 29, 2025 MYR Group Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Announcement • Aug 27
MYR Group Inc. Appoints Aurelie Richard to the Board of Directors, Effective August 26, 2025 MYR Group Inc. announced the appointment of Aurelie Richard to the Company’s Board of Directors, effective August 26, 2025. Ms. Richard will serve as a director and on the Board’s Audit Committee. Ms. Richard has over thirty years of experience in finance and management. She currently serves as Chief Financial and Strategy Officer for S&C Electric Company ("S&C"), holding several executive positions in Finance, Strategy and Human Resources and developed expertise in energy management, electrical distribution systems, performance contracting and industrial automation. Prior to S&C, Ms. Richard held several leadership positions at Schneider Electric and Ernst & Young. Ms. Richard has an undergraduate degree in accounting and finance, a CPA certification and a Master of Business Administration degree from EM Lyon Business School in France. She also holds a certification in Science in Learning and Organizational Change from Northwestern University and was recognized as The Manufacturing Institute’s 2024 Women MAKE Awards honoree. Announcement • Jul 31
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company will fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till February 4, 2026, or until the authorized funds are exhausted, whichever is earlier. Announcement • Jul 17
MYR Group Inc. to Report Q2, 2025 Results on Jul 30, 2025 MYR Group Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Announcement • Apr 17
MYR Group Inc. to Report Q1, 2025 Results on Apr 30, 2025 MYR Group Inc. announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Announcement • Mar 06
MYR Group Inc., Annual General Meeting, Apr 24, 2025 MYR Group Inc., Annual General Meeting, Apr 24, 2025. Location: virtualshareholdermeeting.com/myrg2025., United States Announcement • Feb 27
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company will fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till September 5, 2025, or until the authorized funds are exhausted, whichever is earlier. Announcement • Feb 13
MYR Group Inc. to Report Q4, 2024 Results on Feb 26, 2025 MYR Group Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €134, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €194 per share. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.65 (vs US$1.29 in 3Q 2023) Third quarter 2024 results: EPS: US$0.65 (down from US$1.29 in 3Q 2023). Revenue: US$888.0m (down 5.5% from 3Q 2023). Net income: US$10.6m (down 51% from 3Q 2023). Profit margin: 1.2% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Oct 17
MYR Group Inc. to Report Q3, 2024 Results on Oct 30, 2024 MYR Group Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €107, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €122 per share. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to €88.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 6.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €164 per share. Reported Earnings • Aug 01
Second quarter 2024 earnings released: US$0.91 loss per share (vs US$1.33 profit in 2Q 2023) Second quarter 2024 results: US$0.91 loss per share (down from US$1.33 profit in 2Q 2023). Revenue: US$828.9m (down 6.7% from 2Q 2023). Net loss: US$15.3m (down 169% from profit in 2Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Jul 18
MYR Group Inc. to Report Q2, 2024 Results on Jul 31, 2024 MYR Group Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €131, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 74% over the past three years. Announcement • May 07
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company will fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till November 8, 2024, or until the authorized funds are exhausted, whichever is earlier. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$1.13 (vs US$1.39 in 1Q 2023) First quarter 2024 results: EPS: US$1.13 (down from US$1.39 in 1Q 2023). Revenue: US$815.6m (flat on 1Q 2023). Net income: US$18.9m (down 18% from 1Q 2023). Profit margin: 2.3% (down from 2.9% in 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 19
MYR Group Inc. to Report Q1, 2024 Results on May 01, 2024 MYR Group Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Announcement • Mar 07
MYR Group Inc., Annual General Meeting, Apr 24, 2024 MYR Group Inc., Annual General Meeting, Apr 24, 2024, at 08:00 US Mountain Standard Time. Agenda: To consider Election of two Class II director nominees for two year; to consider Advisory approval of the compensation of company's named executive officers; to consider Approval of the MYR Group Inc. 2017 Long-Term Incentive Plan (amended and restated as of April 24, 2024); and to consider Ratification of the appointment of company's independent registered public accounting firm; and to consider other business properly presented at the meeting. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: US$5.45 (vs US$4.98 in FY 2022) Full year 2023 results: EPS: US$5.45 (up from US$4.98 in FY 2022). Revenue: US$3.64b (up 21% from FY 2022). Net income: US$91.0m (up 9.1% from FY 2022). Profit margin: 2.5% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 15
MYR Group Inc. to Report Q4, 2023 Results on Feb 28, 2024 MYR Group Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Announcement • Jan 26
MYR Group Inc. Announces Executive Changes, Effective March 1, 2024 MYR Group Inc. announced that as part of a planned leadership succession process, Tod M. Cooper will retire from his position as Senior Vice President and Chief Operating Officer of MYR Group’s Transmission & Distribution (“T&D”) segment and transition the role to Brian K. Stern, effective March 1, 2024. Mr. Cooper will remain in a senior role with the Company with a focus on leadership development, strategic initiatives, and client development. Mr. Cooper has a combined 33 years of service with the Company and its subsidiaries, beginning his career with The L.E. Myers Co., and has served as Chief Operating Officer of MYR Group’s T&D segment since 2017. The company announced that as part of long-term succession planning process, Brian Stern will be promoted to Chief Operating Officer of MYR Group’s T&D segment. Brian brings 19 years of experience with MYR Group and its subsidiaries, has served as Group Vice President in T&D segment since 2017, and has extensive experience in the transmission and distribution industry leading several of subsidiaries. Announcement • Nov 02
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company will fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till May 8, 2024, or until the authorized funds are exhausted, whichever is earlier. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$1.29 (vs US$1.11 in 3Q 2022) Third quarter 2023 results: EPS: US$1.29 (up from US$1.11 in 3Q 2022). Revenue: US$939.5m (up 18% from 3Q 2022). Net income: US$21.5m (up 17% from 3Q 2022). Profit margin: 2.3% (in line with 3Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 12
MYR Group Inc. to Report Q3, 2023 Results on Oct 25, 2023 MYR Group Inc. announced that they will report Q3, 2023 results on Oct 25, 2023 Recent Insider Transactions • Aug 17
VP, Chief Legal Officer & Secretary recently sold €465k worth of stock On the 15th of August, William Fry sold around 4k shares on-market at roughly €133 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.5m more than they bought in the last 12 months. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$1.33 (vs US$1.17 in 2Q 2022) Second quarter 2023 results: EPS: US$1.33 (up from US$1.17 in 2Q 2022). Revenue: US$888.6m (up 26% from 2Q 2022). Net income: US$22.3m (up 13% from 2Q 2022). Profit margin: 2.5% (down from 2.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 13
MYR Group Inc. to Report Q2, 2023 Results on Jul 26, 2023 MYR Group Inc. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023 Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Ajoy Karna was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: US$1.39 (vs US$1.22 in 1Q 2022) First quarter 2023 results: EPS: US$1.39 (up from US$1.22 in 1Q 2022). Revenue: US$811.6m (up 28% from 1Q 2022). Net income: US$23.2m (up 12% from 1Q 2022). Profit margin: 2.9% (down from 3.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 02
Insider recently sold €2.7m worth of stock On the 27th of February, Tod Cooper sold around 24k shares on-market at roughly €112 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.9m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €116, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 392% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €115 per share. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$4.98 (vs US$5.05 in FY 2021) Full year 2022 results: EPS: US$4.98 (down from US$5.05 in FY 2021). Revenue: US$3.01b (up 20% from FY 2021). Net income: US$83.4m (down 1.9% from FY 2021). Profit margin: 2.8% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 09
MYR Group Inc. to Report Q4, 2022 Results on Feb 22, 2023 MYR Group Inc. announced that they will report Q4, 2022 results After-Market on Feb 22, 2023 Recent Insider Transactions • Dec 09
Insider recently sold €263k worth of stock On the 7th of December, Jeffrey Waneka sold around 3k shares on-market at roughly €87.57 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 17% share price gain to €91.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 201% over the past three years. Announcement • Nov 03
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company intends to fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till May 8, 2023, or until the authorized funds are exhausted, whichever is earlier. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$1.11 (vs US$1.37 in 3Q 2021) Third quarter 2022 results: EPS: US$1.11 (down from US$1.37 in 3Q 2021). Revenue: US$799.8m (up 31% from 3Q 2021). Net income: US$18.4m (down 20% from 3Q 2021). Profit margin: 2.3% (down from 3.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 13
MYR Group Inc. to Report Q3, 2022 Results on Oct 26, 2022 MYR Group Inc. announced that they will report Q3, 2022 results After-Market on Oct 26, 2022 Recent Insider Transactions • Aug 19
Senior VP & CFO recently sold €975k worth of stock On the 17th of August, Betty Johnson sold around 10k shares on-market at roughly €96.96 per share. This was the largest sale by an insider in the last 3 months. This was Betty's only on-market trade for the last 12 months. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$1.17 (vs US$1.26 in 2Q 2021) Second quarter 2022 results: EPS: US$1.17 (down from US$1.26 in 2Q 2021). Revenue: US$708.1m (up 9.0% from 2Q 2021). Net income: US$19.7m (down 7.2% from 2Q 2021). Profit margin: 2.8% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.9%, compared to a 9.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 14
MYR Group Inc. to Report Q2, 2022 Results on Jul 27, 2022 MYR Group Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2022 Announcement • May 05
MYR Group Inc. (NasdaqGS:MYRG) announces an Equity Buyback for $75 million worth of its shares. MYR Group Inc. (NasdaqGS:MYRG) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of its outstanding shares of common stock. The company intends to fund the repurchases from cash on hand and borrowings under its credit facility. The repurchase program will be valid till November 7, 2022, or until the authorized funds are exhausted, whichever is earlier. Announcement • May 04
MYR Group Inc. Announces the Appointment of Ajoy H. Karna to the Company's Board of Directors MYR Group Inc. announced the appointment of Ajoy H. Karna to the Company’s Board of Directors (the “Board”), effective May 2, 2022. Mr. Karna will serve as a Class III director and on the Board’s Audit Committee. Mr. Karna has more than 33 years of experience in finance and management. He currently serves as Senior Vice President, Strategy and Chief Financial Officer - International for Sysco Corporation (Sysco), previously serving as Senior Vice President & CEO, Foodservice of Sysco’s Europe operations. Prior to Sysco, Mr. Karna held numerous roles in finance and strategy at PepsiCo Inc. and the Quaker Oats Company. Board Change • May 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Shirin O'connor was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$1.22 (vs US$1.19 in 1Q 2021) First quarter 2022 results: EPS: US$1.22 (up from US$1.19 in 1Q 2021). Revenue: US$636.6m (up 7.4% from 1Q 2021). Net income: US$20.7m (up 3.8% from 1Q 2021). Profit margin: 3.2% (down from 3.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.7%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year and the company’s share price has also increased by 36% per year. Announcement • Apr 27
MYR Group, Inc Announces Resignation of William A. Koertner as Member of the Board of Directors MYR Group Inc. provide that directors are expected to tender their resignations immediately after the first annual meeting of stockholders following their 72 nd birthday. In accordance with this policy, on April 21, 2022, William A. Koertner notified the Company of his decision to retire as a member of the board of directors (the “Board”), effective as of April 22, 2022. Mr. Koertner served as a director since 2007 and as President and CEO of MYR Group from December 2003 until January 1, 2017. Announcement • Apr 22
MYR Group Inc. to Report Q1, 2022 Results on Apr 27, 2022 MYR Group Inc. announced that they will report Q1, 2022 results After-Market on Apr 27, 2022 Recent Insider Transactions • Mar 10
Director recently sold €422k worth of stock On the 8th of March, William Koertner sold around 5k shares on-market at roughly €84.48 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months. Announcement • Mar 04
MYR Group Inc., Annual General Meeting, Apr 21, 2022 MYR Group Inc., Annual General Meeting, Apr 21, 2022, at 08:00 Mountain Daylight. Agenda: To consider the election of two class iii director nominees for three year terms; to consider the advisory approval of the compensation of our named executive officers; to consider ratification of the appointment of company independent registered public accounting firm; and to consider other matters. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$5.05 (up from US$3.52 in FY 2020). Revenue: US$2.50b (up 11% from FY 2020). Net income: US$85.0m (up 45% from FY 2020). Profit margin: 3.4% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 7.7%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year and the company’s share price has also increased by 37% per year. Announcement • Feb 19
MYR Group Inc. to Report Q4, 2021 Results on Feb 23, 2022 MYR Group Inc. announced that they will report Q4, 2021 results After-Market on Feb 23, 2022 Recent Insider Transactions • Dec 09
Director recently sold €1.0m worth of stock On the 7th of December, William Koertner sold around 10k shares on-market at roughly €100 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months. Recent Insider Transactions • Nov 10
Director recently sold €987k worth of stock On the 8th of November, William Koertner sold around 10k shares on-market at roughly €98.69 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.6m more than they bought in the last 12 months. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS US$1.37 (vs US$1.04 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: US$610.2m (flat on 3Q 2020). Net income: US$23.2m (up 34% from 3Q 2020). Profit margin: 3.8% (up from 2.8% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Aug 13
Director recently sold €851k worth of stock On the 11th of August, William Koertner sold around 10k shares on-market at roughly €85.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.2m more than they bought in the last 12 months. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS US$1.26 (vs US$0.80 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$649.6m (up 27% from 2Q 2020). Net income: US$21.2m (up 59% from 2Q 2020). Profit margin: 3.3% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 21
Director recently sold €334k worth of stock On the 14th of May, William Koertner sold around 5k shares on-market at roughly €66.76 per share. In the last 3 months, they made an even bigger sale worth €1.7m. Insiders have been net sellers, collectively disposing of €8.5m more than they bought in the last 12 months. Recent Insider Transactions • May 06
Senior VP & CFO recently sold €256k worth of stock On the 5th of May, Betty Johnson sold around 4k shares on-market at roughly €69.67 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.7m. Betty has been a seller over the last 12 months, reducing personal holdings by €864k. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 15% share price gain to US$68.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Construction industry in Europe. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.65 per share. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$1.19 (vs US$0.60 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$592.5m (up 14% from 1Q 2020). Net income: US$19.9m (up 101% from 1Q 2020). Profit margin: 3.4% (up from 1.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 30% per year. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improved over the past week After last week's 20% share price gain to US$58.50, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 16.5x. This compares to an average P/E of 14x in the Construction industry in Europe. Total returns to shareholders over the past three years are 105%. Recent Insider Transactions • Mar 10
Senior VP & CFO recently sold €374k worth of stock On the 8th of March, Betty Johnson sold around 7k shares on-market at roughly €53.96 per share. This was the largest sale by an insider in the last 3 months. Betty has been a seller over the last 12 months, reducing personal holdings by €608k. Is New 90 Day High Low • Mar 10
New 90-day high: €55.00 The company is up 14% from its price of €48.40 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.85 per share. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS US$3.52 (vs US$2.27 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$2.25b (up 8.5% from FY 2019). Net income: US$58.8m (up 56% from FY 2019). Profit margin: 2.6% (up from 1.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 2.8%, compared to a 6.5% growth forecast for the Construction industry in Germany. Announcement • Mar 05
MYR Group Inc., Annual General Meeting, Apr 22, 2021 MYR Group Inc., Annual General Meeting, Apr 22, 2021, at 07:00 Mountain Daylight. Agenda: To consider the election as directors of the three class II nominees, each to serve a term of three years; to consider the advisory resolution to approve the compensation of its named executive officers; to consider the ratification of the appointment of its independent registered public accounting firm; and to consider other business properly presented at the meeting. Announcement • Feb 26
MYR Group Inc. to Report Q4, 2020 Results on Mar 03, 2021 MYR Group Inc. announced that they will report Q4, 2020 results After-Market on Mar 03, 2021 Is New 90 Day High Low • Jan 08
New 90-day high: €51.00 The company is up 42% from its price of €36.00 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.23 per share. Is New 90 Day High Low • Dec 24
New 90-day high: €49.40 The company is up 64% from its price of €30.20 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.64 per share. Is New 90 Day High Low • Dec 05
New 90-day high: €44.40 The company is up 41% from its price of €31.40 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.67 per share. Recent Insider Transactions • Nov 20
Director recently sold €466k worth of stock On the 16th of November, William Koertner sold around 11k shares on-market at roughly €40.61 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Is New 90 Day High Low • Nov 10
New 90-day high: €40.00 The company is up 21% from its price of €33.00 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.42 per share. Recent Insider Transactions • Nov 05
Senior VP recently sold €234k worth of stock On the 2nd of November, Betty Johnson sold around 6k shares on-market at roughly €37.38 per share. In the last 3 months, there was an even bigger sale from another insider worth €775k. This was Betty's only on-market trade for the last 12 months. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 6.3% at US$607.9m. Revenue is forecast to stay flat over the next year, compared to a 1.2% growth forecast for the Construction industry in Germany. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of US$53.4m, up 50% from the prior year. Total revenue was US$2.21b over the last 12 months, up 14% from the prior year. Is New 90 Day High Low • Oct 06
New 90-day high: €33.80 The company is up 27% from its price of €26.60 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.54 per share. Announcement • Oct 05
MYR Group, Inc. to Report Q4, 2009 Results on 03/15/2010 MYR Group, Inc. announced that they will report Q4, 2009 results on 03/15/2010 Announcement • Jul 23
MYR Group Inc. to Report Q2, 2020 Results on Jul 29, 2020 MYR Group Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 29, 2020