.jpg "MYR Group (NASDAQ: MYRG)")
Today, a Director at MYR Group, William Koertner, exercised options of MYR Group for $1.39M.
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Based on MYR Group’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $374 million and quarterly net profit of $13.58 million. In comparison, last year the company earned revenue of $300 million and had a net profit of $1.2 million. The company has a one-year high of $37.80 and a one-year low of $23. MYRG’s market cap is $500M and the company has a P/E ratio of 23.91.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $38.25, reflecting a -6.6% downside.
The insider sentiment on MYR Group has been negative according to 31 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
William Koertner’s trades have generated a 3.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution; and Commercial and Industrial segments.
