MYR Group Inc. (MYRG) formed double top with $32.95 target or 5.00% above today’s $31.38 share price. MYR Group Inc. (MYRG) has $516.75 million valuation. The stock increased 0.10% or $0.03 during the last trading session, reaching $31.38. About 116,233 shares traded or 24.55% up from the average. MYR Group Inc. (NASDAQ:MYRG) has declined 22.82% since April 13, 2017 and is downtrending. It has underperformed by 34.37% the S&P500.
Mountain Lake Investment Management Llc increased Alliance Holdings Gp Lp (AHGP) stake by 5.93% reported in 2017Q4 SEC filing. Mountain Lake Investment Management Llc acquired 40,000 shares as Alliance Holdings Gp Lp (AHGP)’s stock declined 3.28%. The Mountain Lake Investment Management Llc holds 715,000 shares with $19.16 million value, up from 675,000 last quarter. Alliance Holdings Gp Lp now has $1.42B valuation. The stock decreased 1.41% or $0.34 during the last trading session, reaching $23.69. About 86,882 shares traded. Alliance Holdings GP, L.P. (NASDAQ:AHGP) has declined 2.09% since April 13, 2017 and is downtrending. It has underperformed by 13.64% the S&P500.
Since March 16, 2018, it had 0 buys, and 2 selling transactions for $748,904 activity. KOERTNER WILLIAM A sold $10,990 worth of stock.
Investors sentiment decreased to 0.81 in 2017 Q4. Its down 0.42, from 1.23 in 2017Q3. It turned negative, as 17 investors sold MYR Group Inc. shares while 50 reduced holdings. 18 funds opened positions while 36 raised stakes. 14.13 million shares or 3.76% more from 13.62 million shares in 2017Q3 were reported. Leucadia Corp reported 6,294 shares. Raymond James And Associates holds 6,592 shares. First Mercantile invested in 3,260 shares or 0.02% of the stock. Comerica Bankshares holds 0% or 16,897 shares. 100,395 were reported by Aqr Capital Ltd Liability. Morgan Stanley holds 33,076 shares. Rice Hall James & Assocs Limited Liability Corporation accumulated 50,652 shares. Global X Mngmt Lc owns 0% invested in MYR Group Inc. (NASDAQ:MYRG) for 2,030 shares. Amer Intll, a New York-based fund reported 12,766 shares. Bank & Trust Of America De accumulated 66,014 shares. Howe Rusling owns 110 shares for 0% of their portfolio. Susquehanna Int Gp Limited Liability Partnership invested 0% in MYR Group Inc. (NASDAQ:MYRG). Employees Retirement System Of Ohio, a Ohio-based fund reported 2,855 shares. Ls Inv Advsrs Ltd Co owns 565 shares. Federated Invsts Pa accumulated 340 shares or 0% of the stock.
Among 10 analysts covering MYR Group (NASDAQ:MYRG), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. MYR Group has $42.0 highest and $23 lowest target. $34.43’s average target is 9.72% above currents $31.38 stock price. MYR Group had 31 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by Robert W. Baird on Tuesday, September 5. The rating was maintained by Robert W. Baird with “Buy” on Friday, October 6. Stifel Nicolaus maintained MYR Group Inc. (NASDAQ:MYRG) rating on Wednesday, March 28. Stifel Nicolaus has “Hold” rating and $3500 target. Stifel Nicolaus maintained it with “Hold” rating and $36.0 target in Monday, August 28 report. The firm earned “Market Perform” rating on Friday, August 18 by FBR Capital. Robert W. Baird maintained MYR Group Inc. (NASDAQ:MYRG) rating on Wednesday, December 6. Robert W. Baird has “Buy” rating and $38.0 target. The firm earned “Hold” rating on Friday, March 9 by FBR Capital. On Thursday, March 8 the stock rating was maintained by Robert W. Baird with “Outperform”. The stock of MYR Group Inc. (NASDAQ:MYRG) has “Buy” rating given on Wednesday, January 3 by Robert W. Baird. Stifel Nicolaus maintained MYR Group Inc. (NASDAQ:MYRG) rating on Sunday, December 10. Stifel Nicolaus has “Hold” rating and $38.0 target.
Analysts await MYR Group Inc. (NASDAQ:MYRG) to report earnings on May, 2. They expect $0.22 earnings per share, up 214.29% or $0.15 from last year’s $0.07 per share. MYRG’s profit will be $3.62M for 35.66 P/E if the $0.22 EPS becomes a reality. After $0.35 actual earnings per share reported by MYR Group Inc. for the previous quarter, Wall Street now forecasts -37.14% negative EPS growth.