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Last $31.20 USD
Change Today -0.50 / -1.58%
Volume 199.7K
MYRG On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

myr group inc/delaware (MYRG) Snapshot

Open
$31.70
Previous Close
$31.70
Day High
$31.95
Day Low
$30.97
52 Week High
03/26/15 - $32.11
52 Week Low
08/8/14 - $22.43
Market Cap
648.3M
Average Volume 10 Days
357.9K
EPS TTM
$1.70
Shares Outstanding
20.8M
EX-Date
--
P/E TM
18.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for MYR GROUP INC/DELAWARE (MYRG)

myr group inc/delaware (MYRG) Related Businessweek News

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myr group inc/delaware (MYRG) Details

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through 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 and the renewable energy industries. Its services comprise construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems; and storm restoration services in response to hurricane, ice, or other storm 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 services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, local governments, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Rolling Meadows, Illinois.

3,650 Employees
Last Reported Date: 03/11/15
Founded in 1891

myr group inc/delaware (MYRG) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $600.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $328.5K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $376.5K
Senior Vice President
Total Annual Compensation: $346.0K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $341.5K
Compensation as of Fiscal Year 2014.

myr group inc/delaware (MYRG) Key Developments

MYR Group, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

MYR Group, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported contract revenues of $250,979,000 against $254,581,000 a year ago. Income from operations was $22,470,000 against $15,786,000 a year ago. Income before provision for income taxes was $22,296,000 against $15,590,000 a year ago. Net income was $14,127,000 or $0.66 diluted per share against $10,022,000 or $0.46 diluted per share a year ago. Net cash flow from operating activities was $21,352,000 against $23,569,000 a year ago. Purchases of property and equipment were $3,053,000 against $11,185,000 a year ago. EBITDA was $31,090,000 or $1.47 diluted per share against $23,515,000 or $1.09 diluted per share a year ago. The decline in revenue was primarily due to lower revenues on several large transmission projects that were substantially complete or nearing completion, which were partially offset by higher distribution revenues. For the year, the company reported contract revenues of $943,967,000 against $902,729,000 a year ago. Income from operations was $58,404,000 against $55,617,000 a year ago. Income before provision for income taxes was $57,950,000 against $54,872,000 a year ago. Net income was $36,544,000 or $1.69 diluted per share against $34,759,000 or $1.61 diluted per share a year ago. Net cash flow from operating activities was $54,976,000 against $95,062,000 a year ago. Purchases of property and equipment were $39,045,000 against $42,725,000 a year ago. EBITDA was $91,989,000 or $4.29 diluted per share against $84,785,000 or $3.96 diluted per share a year ago. Book value per diluted share as on December 31, 2014 was $15.03 against $13.82 as at December 31, 2013. Tangible book value per diluted share as on December 31, 2014 was $12.40 against $11.17 as at December 31, 2013. Return on assets was 7.0% against 7.5% a year ago. Return on equity was 12.3% against 13.6% a year ago.

MYR Group Seeks Acquisitions

MYR Group, Inc. (NasdaqGS:MYRG) is seeking acquisitions. MYR Group said, "Although we believe that we have adequate cash and availability under our credit facility to meet our liquidity needs, our involvement in any multi-year transmission projects or the acquisition of other companies may require additional capital, depending upon the size of the project or the acquisition and the financial terms of the underlying agreement."

MYR Group, Inc. to Report Q4, 2014 Results on Mar 11, 2015

MYR Group, Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 11, 2015

 

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MYRG:US $31.20 USD -0.50

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Industry Analysis

MYRG

Industry Average

Valuation MYRG Industry Range
Price/Earnings 18.5x
Price/Sales 0.7x
Price/Book 2.0x
Price/Cash Flow 17.6x
TEV/Sales 0.6x
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