MYR Group Gains 59% in a Year: Time to Buy, Sell or Hold the Stock?
MYR Group (MYRG) posted record Q2 2026 revenues of $1.08B and backlog of $3.16B, with earnings surging 88% and gross margins expanding 170 basis points. The company trades below industry peers on price-to-sales multiples while benefiting from secular growth trends in electrification, data centers, and infrastructure investment. Strategic acquisitions and a strong balance sheet support continued expansion.