Critical Comparison: MYR Group (MYRG) vs. Its Rivals

MYR Group (NASDAQ:MYRG) is one of 190 publicly-traded companies in the “Construction & Engineering” industry, but how does it weigh in compared to its rivals? We will compare MYR Group to related businesses based on the strength of its institutional ownership, analyst recommendations, profitability, dividends, earnings, valuation and risk.

Institutional and Insider Ownership

88.9% of MYR Group shares are held by institutional investors. Comparatively, 48.3% of shares of all “Construction & Engineering” companies are held by institutional investors. 1.9% of MYR Group shares are held by insiders. Comparatively, 20.8% of shares of all “Construction & Engineering” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

MYR Group has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500. Comparatively, MYR Group’s rivals have a beta of 1.66, indicating that their average stock price is 66% more volatile than the S&P 500.

Profitability

This table compares MYR Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MYR Group	4.13%	24.17%	9.96%
MYR Group Competitors	-7.82%	10.89%	4.14%

Valuation and Earnings

This table compares MYR Group and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MYR Group	$4.01 billion	$118.42 million	31.56
MYR Group Competitors	$9.35 billion	$451.89 million	-5,963.13

MYR Group’s rivals have higher revenue and earnings than MYR Group. MYR Group is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings and price targets for MYR Group and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MYR Group	0	4	3	2	2.78
MYR Group Competitors	804	3362	7150	342	2.60

MYR Group presently has a consensus target price of $426.00, indicating a potential upside of 28.05%. As a group, “Construction & Engineering” companies have a potential upside of 25.33%. Given MYR Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe MYR Group is more favorable than its rivals.

Summary

MYR Group beats its rivals on 8 of the 13 factors compared.

MYR Group Company Profile

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Thornton, Colorado.