Myr Group Intrinsic Value – MYR Group to Present at UBS Industrials Summit in November

October 31, 2023

🌥️Trending News

MYR ($NASDAQ:MYRG) Group Inc. is set to participate in the upcoming UBS Industrials Summit Investor Conference that will take place in November. MYR Group Inc. is a leading specialty contractor serving the electrical infrastructure industry throughout the United States and Canada. With its strong presence in all the major markets, MYR Group Inc. has established itself as one of the most trusted contractors in the industry. Their services range from transmission and distribution power lines to electrical installation projects for industrial, commercial, renewable, and governmental sectors. MYR Group Inc. is also actively involved in the construction, maintenance, engineering, design, and installation of various projects within these sectors.

The company is regularly involved in projects along the lines of transmission and distribution power lines, electrical installation projects for industrial, commercial, renewable, and governmental sectors, and specialized projects such as mass transit, correctional facilities, and hospitals. It has a strong track record of delivering quality solutions to its customers for over a century and is continuing to do so with their latest participation in the UBS Industrials Summit Investor Conference. With their expertise in the electrical infrastructure industry and their commitment to delivering quality solutions for customers, My Group Inc. is poised to make an impact at the conference.

Market Price

On Friday, MYR Group Inc., a leading specialty contractor servicing the electrical infrastructure industry, announced that it will be presenting at the UBS Industrials Summit in November. The news came shortly after MYR GROUP‘s stock opened at $118.3 and closed at $111.8, down by 5.0% from its previous closing price of $117.8. The UBS Industrials Summit is an annual gathering hosted by UBS that brings together industry leaders in the manufacturing and industrial sectors to discuss trends, challenges, and opportunities in the marketplace. MYR GROUP is thrilled to have been selected to present and share its insights with attendees.

The upcoming summit presents a great opportunity for MYR GROUP to build upon its already strong presence in the industry. It will also provide a platform to showcase the company’s innovative solutions and services that have made them a reliable partner for customers nationwide. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Myr Group. More…

    Total Revenues Net Income Net Margin
    3.5k 91.52 2.5%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Myr Group. More…

    Operations Investing Financing
    122.15 -87.99 -40.13
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Myr Group. More…

    Total Assets Total Liabilities Book Value Per Share
    1.56k 935.27 37.43
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Myr Group are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    16.6% 16.6% 3.7%
    FCF Margin ROE ROA
    0.9% 13.2% 5.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Myr Group Intrinsic Value

    GoodWhale recently conducted an analysis of MYR GROUP‘s wellbeing. After carefully analyzing their financial performance, we determined that the fair value of MYR GROUP’s share is around $118.0. This value was calculated using our proprietary Valuation Line. More…

  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    The competition between MYR Group Inc and its competitors, AcroMeta Group Ltd, Takada Corp, and GenusPlus Group Ltd, is fierce. All four companies are striving to stay ahead of the competition by providing quality products and services that meet the needs and expectations of their customers. Each company is competing to remain competitive in the marketplace and gain a competitive advantage over its rivals.

    – AcroMeta Group Ltd ($SGX:43F)

    AcroMeta Group Ltd is a company that provides software development, optimization and data services for a variety of businesses. The company currently has a market cap of 6.24M as of 2022 and a Return on Equity of -7.35%. The market cap indicates the total value of the company and is indicative of the level of investor confidence in the firm. The Return on Equity, on the other hand, is a measure of the profitability of the company and reflects how well it is able to generate returns from its equity investments. AcroMeta Group Ltd is a company that is continuing to grow and expand, and despite the current negative return on equity, investors are still confident in the potential of the company.

    – Takada Corp ($TSE:1966)

    Takada Corp is a Japanese electronics and technology company that specializes in the production of consumer-level electronic products. The company has a market capitalization of 9.43 billion as of 2022, indicating a significant value for the company. Additionally, Takada Corp has a return on equity of 6.87%, which is well above the industry average. This implies that the company is able to generate returns from its shareholders’ investments, making it an attractive investment opportunity.

    – GenusPlus Group Ltd ($ASX:GNP)

    GenusPlus Group Ltd is a leading international company providing innovative solutions for businesses in the technology, financial services, and consulting industries. The company has a market capitalization of 177.72 million as of 2022, which reflects the current value of its outstanding shares. GenusPlus Group Ltd also has an impressive Return on Equity of 16.18%, which indicates the company’s ability to generate profits from its operations. This strong performance is likely due to the company’s focus on providing cutting-edge technology solutions to its clients. GenusPlus Group Ltd also provides a wide range of consulting services, helping business leaders improve their performance and maximize their potential.

    Summary

    MYR Group Inc. recently announced their attendance at the UBS Industrials Summit Investor Conference in November. Investors are currently watching the stock closely in anticipation of the event, as share prices have been steadily moving downwards in recent weeks. Analysts suggest that investors should look for potential value investments in the company, as current market conditions may present buying opportunities.

    Additionally, current and potential investors should be aware of any potential risks associated with the company’s operations, such as economic conditions, competitive landscape, and regulatory changes. Ultimately, investors should weigh the cost-benefit of investing in MYR Group Inc. to determine if it is a good fit for their portfolio.

    Recent Posts

    Leave a Comment