​

MYR Group (MYRG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MYRG Stock Forecast

MYR Group (MYRG) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $138.33, with a high of $172.00 and a low of $119.00. This represents a -2.26% decline from the last price of $141.53.

$100 $116 $132 $148 $164 $180 High: $172 Avg: $138.33 Low: $119 Last Closed Price: $141.53

MYRG Stock Rating

MYR Group stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (62.50%), 3 Hold (37.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 3 5 Strong Sell Sell Hold Buy Strong Buy

MYRG Forecast vs Benchmarks

TypeNameUpside
StockMYR Group-2.26%
SectorIndustrials Stocks 15.95%

Price Target Trends

1M3M12M
# Anlaysts-14
Avg Price Target-$172.00$136.50
Last Closing Price$141.53$141.53$141.53
Upside/Downside-21.53%-3.55%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25122--5
Dec, 24122--5
Nov, 24323--8
Oct, 24323--8
Sep, 24323--8
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Andrew WittmannRobert W. Baird$172.00$149.5715.00%21.53%
Sep 18, 2024Ati ModakGoldman Sachs$124.00$100.6923.15%-12.39%
Aug 28, 2024Andrew WittmannRobert W. Baird$131.00$100.0130.99%-7.44%
Aug 05, 2024Brian BrophyStifel Nicolaus$119.00$96.1823.73%-15.92%
Oct 28, 2022Justin HaukeRobert W. Baird$95.00$80.2818.34%-32.88%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Sep 18, 2024Goldman SachsBuyBuyhold
May 02, 2024Sidoti & Co.UnderperformUnderperformhold
Mar 01, 2024Stifel NicolausBuyBuyhold
Oct 17, 2023Sidoti & Co.Buyupgrade
Oct 28, 2022BTIGBuyinitialise
Oct 28, 2022KeyBancOverweightupgrade

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$3.52$5.05$4.98$5.40---
Avg Forecast$3.20$4.88$4.49$5.48$1.55$6.14$7.53
High Forecast$3.09$4.72$4.33$5.37$1.52$6.02$7.21
Low Forecast$3.29$5.01$4.65$5.58$1.58$6.25$7.86
Surprise %10.00%3.48%10.91%-1.46%---

Revenue Forecast

$2B $2B $3B $3B $4B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.25B$2.50B$3.01B$3.64B---
Avg Forecast$2.22B$2.46B$2.89B$3.54B$3.42B$3.52B$3.76B
High Forecast$2.16B$2.40B$2.80B$3.49B$3.36B$3.46B$3.76B
Low Forecast$2.26B$2.51B$2.96B$3.59B$3.47B$3.57B$3.76B
Surprise %1.22%1.49%4.24%2.81%---

Net Income Forecast

$0 $30M $60M $90M $120M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$58.76M$85.01M$83.38M$90.99M---
Avg Forecast$53.91M$70.97M$80.64M$90.99M$26.14M$103.30M$126.82M
High Forecast$52.09M$56.77M$64.51M$72.79M$25.64M$101.29M$121.35M
Low Forecast$55.32M$85.16M$96.77M$109.19M$26.65M$105.31M$132.30M
Surprise %8.99%19.79%3.40%----

MYRG Forecast FAQ

Is MYR Group stock a buy?

MYR Group stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MYR Group is a favorable investment for most analysts.

What is MYR Group's price target?

MYR Group's price target, set by 8 Wall Street analysts, averages $138.33 over the next 12 months. The price target range spans from $119 at the low end to $172 at the high end, suggesting a potential -2.26% change from the previous close price of $141.53.

How does MYR Group stock forecast compare to the average forecast of its sector, industry, and investment themes?

MYR Group stock forecast shows a -2.26% downside, underperforming the average forecast for the industrials stocks sector (15.95%).

What is the breakdown of analyst ratings for MYR Group over the past three months?

  • January 2025: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 37.50% Strong Buy, 25.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is MYR Group’s EPS forecast?

MYR Group's average annual EPS forecast for its fiscal year ending in December is 1.55 for 2024, a -71.30% decrease from the reported $5.4 in 2023. The prediction for 2025 is $6.14, and $7.53 for 2026.

What is MYR Group’s revenue forecast?

MYR Group's average annual revenue forecast for its fiscal year ending in December is $3.42B for 2024, a -6.17% decrease from the reported $3.64B in 2023. The forecast for 2025 is $3.52B, and $3.76B for 2026.

What is MYR Group’s net income forecast?

For its fiscal year ending in December, MYR Group's average annual net income forecast is $26.14M for 2024, reflecting a -71.27% decrease from the reported $90.99M in 2023. The projection for 2025 is $103.3M, and $126.82M for 2026.