Professional
Added to YB: 2024-09-27
Pitch date: 2024-09-25
MYRG [neutral]
MYR Group Inc.
+118.18%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada.
Market Cap
$3.6B
Pitch Price
$100.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.39
P/E
37.18
EV/Sales
1.03
Sector
Construction and Engineering
Category
growth
Pernas Research More Research Needed On: MYR Group Inc.
MYRG more research needed: US/Canada electrical infrastructure co. Double-digit rev growth from transmission expansion. Down 30% YTD due to labor costs & solar competition. IIJA/IRA tailwinds. $1.6B mkt cap, 12x EV/EBITDA. Assess if challenges temporary & project strategy optimal.
Read full article (1 min)