MYR Group shares reached a new 52-week high of $491.61, driven by consistent earnings beats and a Zacks Rank #1 (Strong Buy). The stock has surged 123% year-to-date, far outpacing the Zacks Utilities sector's 8.2% gain. In its latest quarter, MYR reported earnings of $2.99 per share, well above the $2.09 consensus estimate. Analysts expect full-year earnings of $11.43 per share, a 51.79% increase, with further growth projected for the next fiscal year. The company holds a VGM Score of B, with top marks in Growth and Momentum, though its valuation multiples trade at a premium to industry averages.
MYR Group IncStrong earnings beat and analyst upgrades drive stock to 52-week high.