Myr Group Stock Short Ratio
| MYRG Stock | USD 164.60 0.22 0.13% |
MYR Group fundamentals help investors to digest information that contributes to MYR's financial success or failures. It also enables traders to predict the movement of MYR Stock. The fundamental analysis module provides a way to measure MYR's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MYR stock.
MYR | Short Ratio |
MYR Group Company Short Ratio Analysis
MYR's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current MYR Short Ratio | 2.57 X |
Most of MYR's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MYR Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MYR Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for MYR is extremely important. It helps to project a fair market value of MYR Stock properly, considering its historical fundamentals such as Short Ratio. Since MYR's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MYR's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MYR's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
MYR Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, MYR Group has a Short Ratio of 2.57 times. This is 50.95% lower than that of the Construction & Engineering sector and 38.95% lower than that of the Industrials industry. The short ratio for all United States stocks is 35.75% higher than that of the company.
MYR Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MYR's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MYR could also be used in its relative valuation, which is a method of valuing MYR by comparing valuation metrics of similar companies.MYR is currently under evaluation in short ratio category among related companies.
MYR Institutional Holders
Institutional Holdings refers to the ownership stake in MYR that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MYR's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MYR's value.| Shares | Neumeier Investment Counsel Llc | 2023-12-31 | 251.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 241.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 217.3 K | American Century Companies Inc | 2023-12-31 | 206.8 K | Northern Trust Corp | 2023-12-31 | 193.8 K | Gilder Gagnon Howe & Co Llc | 2023-12-31 | 187.1 K | Nuveen Asset Management, Llc | 2023-12-31 | 171.1 K | Federated Hermes Inc | 2023-12-31 | 169.3 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 158.6 K | Blackrock Inc | 2023-12-31 | 3 M | Vanguard Group Inc | 2023-12-31 | 1.3 M |
MYR Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0524 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 2.8 B | ||||
| Shares Outstanding | 16.74 M | ||||
| Shares Owned By Insiders | 2.26 % | ||||
| Shares Owned By Institutions | 97.74 % | ||||
| Number Of Shares Shorted | 438.4 K | ||||
| Price To Earning | 23.54 X | ||||
| Price To Book | 4.35 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 3.64 B | ||||
| Gross Profit | 343.96 M | ||||
| EBITDA | 184.02 M | ||||
| Net Income | 90.99 M | ||||
| Cash And Equivalents | 35.77 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 73.61 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.43 X | ||||
| Book Value Per Share | 39.03 X | ||||
| Cash Flow From Operations | 71.02 M | ||||
| Short Ratio | 2.57 X | ||||
| Earnings Per Share | 5.41 X | ||||
| Price To Earnings To Growth | 4.91 X | ||||
| Target Price | 180.5 | ||||
| Number Of Employees | 9 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 2.75 B | ||||
| Total Asset | 1.61 B | ||||
| Retained Earnings | 492.53 M | ||||
| Working Capital | 279.04 M | ||||
| Current Asset | 303.37 M | ||||
| Current Liabilities | 179.74 M | ||||
| Net Asset | 1.61 B |
About MYR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MYR Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYR Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for MYR Stock analysis
When running MYR's price analysis, check to measure MYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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Is MYR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Earnings Share 5.41 | Revenue Per Share 218.433 | Quarterly Revenue Growth 0.162 | Return On Assets 0.0524 |
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.