S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

MYR Group (MYRG) Competitors

$158.71
-0.12 (-0.08%)
(As of 04/19/2024 ET)

MYRG vs. PRMW, MGEE, AVA, CWT, NWE, AWR, PAM, SR, PRIM, and PNM

Should you be buying MYR Group stock or one of its competitors? The main competitors of MYR Group include Primo Water (PRMW), MGE Energy (MGEE), Avista (AVA), California Water Service Group (CWT), NorthWestern Energy Group (NWE), American States Water (AWR), Pampa Energía (PAM), Spire (SR), Primoris Services (PRIM), and PNM Resources (PNM).

MYR Group vs.

Primo Water (NYSE:PRMW) and MYR Group (NASDAQ:MYRG) are both mid-cap utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.

87.7% of Primo Water shares are owned by institutional investors. Comparatively, 88.9% of MYR Group shares are owned by institutional investors. 4.4% of Primo Water shares are owned by company insiders. Comparatively, 1.8% of MYR Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

MYR Group received 303 more outperform votes than Primo Water when rated by MarketBeat users. However, 63.08% of users gave Primo Water an outperform vote while only 62.21% of users gave MYR Group an outperform vote.

CompanyUnderperformOutperform
Primo WaterOutperform Votes
41
63.08%
Underperform Votes
24
36.92%
MYR GroupOutperform Votes
344
62.21%
Underperform Votes
209
37.79%

Primo Water has a net margin of 10.82% compared to Primo Water's net margin of 2.50%. Primo Water's return on equity of 14.80% beat MYR Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Primo Water10.82% 8.55% 3.11%
MYR Group 2.50%14.80%6.10%

In the previous week, MYR Group had 3 more articles in the media than Primo Water. MarketBeat recorded 7 mentions for MYR Group and 4 mentions for Primo Water. MYR Group's average media sentiment score of 1.32 beat Primo Water's score of -0.29 indicating that Primo Water is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Primo Water
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MYR Group
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Primo Water has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500. Comparatively, MYR Group has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.

Primo Water has higher earnings, but lower revenue than MYR Group. Primo Water is trading at a lower price-to-earnings ratio than MYR Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Primo Water$1.77B1.67$238.10M$1.4912.38
MYR Group$3.64B0.73$90.99M$5.4229.28

Primo Water currently has a consensus target price of $20.75, suggesting a potential upside of 12.47%. MYR Group has a consensus target price of $170.75, suggesting a potential upside of 7.59%. Given MYR Group's stronger consensus rating and higher probable upside, equities analysts clearly believe Primo Water is more favorable than MYR Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Primo Water
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
MYR Group
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Primo Water beats MYR Group on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MYRG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MYRG vs. The Competition

MetricMYR GroupWater, sewer, & utility lines IndustryUtilities SectorNASDAQ Exchange
Market Cap$2.66B$2.71B$11.66B$7.30B
Dividend YieldN/A0.60%4.27%4.01%
P/E Ratio29.2815.2680.8920.04
Price / Sales0.730.8626.6289.18
Price / Cash17.9110.6217.6934.82
Price / Book4.072.721.844.16
Net Income$90.99M$73.11M$587.14M$214.20M
7 Day Performance-6.29%-3.06%-0.24%-3.54%
1 Month Performance-1.14%0.74%-0.58%-4.09%
1 Year Performance28.27%29.53%-4.08%3.28%

MYR Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRMW
Primo Water
4.7614 of 5 stars
$17.90
-0.4%
$20.75
+15.9%
+19.1%$2.88B$1.77B12.016,400News Coverage
Positive News
MGEE
MGE Energy
2.8443 of 5 stars
$78.57
-0.7%
$62.00
-21.1%
-0.3%$2.86B$690.43M24.18723
AVA
Avista
3.3842 of 5 stars
$35.32
-0.3%
$33.50
-5.2%
-21.2%$2.76B$1.75B15.841,858News Coverage
CWT
California Water Service Group
4.1492 of 5 stars
$47.26
+1.6%
$53.50
+13.2%
-22.2%$2.73B$794.63M53.101,266Upcoming Earnings
NWE
NorthWestern Energy Group
1.7123 of 5 stars
$50.54
+0.6%
$53.25
+5.4%
-16.7%$3.10B$1.42B15.701,573Upcoming Earnings
Analyst Upgrade
AWR
American States Water
4.6661 of 5 stars
$70.82
+0.7%
$77.00
+8.7%
-23.6%$2.62B$595.70M21.01815
PAM
Pampa Energía
1.9128 of 5 stars
$46.50
+1.0%
$36.50
-21.5%
+14.3%$2.54B$1.73B8.501,907Analyst Report
SR
Spire
2.5217 of 5 stars
$60.30
+0.4%
$61.43
+1.9%
-13.9%$3.32B$2.67B16.253,589Analyst Report
Analyst Revision
PRIM
Primoris Services
3.3511 of 5 stars
$45.84
-1.7%
$53.67
+17.1%
+74.7%$2.46B$5.72B19.7614,058
PNM
PNM Resources
4.7083 of 5 stars
$37.23
-0.6%
$46.20
+24.1%
-26.3%$3.36B$1.94B36.151,635

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This page (NASDAQ:MYRG) was last updated on 4/19/2024 by MarketBeat.com Staff

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