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-0.00018972386553735 0.000241466737957019 -0.000465685851773887 0.000569171596612637 -0.00201797202435358 -0.00201797202435358 -0.00201797202435358 -0.00201797202435358
Stock impact report

3 Reasons MYRG is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

MYR Group, Inc. (MYRG) 
Last myr group, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.myrgroup.com/investor-relations
Company Research Source: Yahoo! Finance
The company has also beaten the index over the past six months as its stock price is up 39.7% thanks to its solid quarterly results. Is now the time to buy MYR Group, or should you be careful about including it in your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free Why Is MYR Group Not Exciting? We're glad investors have benefited from the price increase, but we're sitting this one out for now. Here are three reasons you should be careful with MYRG and a stock we'd rather own. 1. Weak Backlog Growth Points to Soft Demand In addition to reported revenue, backlog is a useful data point for analyzing Construction and Maintenance Services companies. This metric shows the value of outstanding orders that have not yet been executed or delivered, giving visibility into MYR Group's future revenue streams. MYR Group's backlog came in at $2.82 billion in the latest quarter, and over the last two years, its year-on-year growth averag Show less Read more
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