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