10.5% Above Target

MYRG's consensus price target is $412.67, -10.5% below the current price of $461.1. The 21 analysts tracking MYRG see downside risk at present valuations.

MYRG has a consensus rating of "Hold" based on 21 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $412.67 implies -10.5% downside from current levels.

At a forward P/E of 40.3384x, MYRG trades at a premium valuation. The consensus price target of $412.67 (-10.5% downside) suggests analysts may view current valuations as stretched.

The most bullish Wall Street analyst has a price target of $503 for MYRG, while the most conservative target is $285. The consensus of $412.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $607 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

MYRG is well covered by analysts, with 21 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 12 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month MYRG stock forecast based on 21 Wall Street analysts shows a consensus price target of $412.67, with estimates ranging from $285 (bear case) to $503 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $461, with bear/bull scenarios of $290/$607.

Our quantitative valuation model calculates MYRG's fair value at $461 (base case), with a bear case of $290 and bull case of $607. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.

MYRG trades at a forward P/E ratio of 40.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 61.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on MYRG, with 0 Sell ratings and a price target of $412.67 (-10.5% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

MYRG analyst price targets range from $285 to $503, a 53% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $412.67 consensus represents the middle ground. Our model's $290-$607 range provides an independent fundamental perspective.