MYRG vs. AVA, MGEE, CWT, AWR, PRMW, PRIM, NWE, PAM, CPK, and PNM
Should you be buying MYR Group stock or one of its competitors? The main competitors of MYR Group include Avista (AVA), MGE Energy (MGEE), California Water Service Group (CWT), American States Water (AWR), Primo Water (PRMW), Primoris Services (PRIM), NorthWestern Energy Group (NWE), Pampa Energía (PAM), Chesapeake Utilities (CPK), and PNM Resources (PNM).
Avista (NYSE:AVA) and MYR Group (NASDAQ:MYRG) are both mid-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, risk, dividends, profitability, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.
Avista has higher earnings, but lower revenue than MYR Group. Avista is trading at a lower price-to-earnings ratio than MYR Group, indicating that it is currently the more affordable of the two stocks.
Avista presently has a consensus target price of $35.00, suggesting a potential downside of 6.19%. MYR Group has a consensus target price of $173.25, suggesting a potential upside of 20.38%. Given Avista's stronger consensus rating and higher possible upside, analysts clearly believe MYR Group is more favorable than Avista.
In the previous week, Avista had 5 more articles in the media than MYR Group. MarketBeat recorded 25 mentions for Avista and 20 mentions for MYR Group. Avista's average media sentiment score of 0.31 beat MYR Group's score of 0.18 indicating that MYR Group is being referred to more favorably in the news media.
Avista has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500. Comparatively, MYR Group has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.
MYR Group received 110 more outperform votes than Avista when rated by MarketBeat users. Likewise, 62.27% of users gave MYR Group an outperform vote while only 47.86% of users gave Avista an outperform vote.
85.2% of Avista shares are held by institutional investors. Comparatively, 88.9% of MYR Group shares are held by institutional investors. 1.0% of Avista shares are held by insiders. Comparatively, 1.8% of MYR Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Avista has a net margin of 9.96% compared to Avista's net margin of 2.38%. Avista's return on equity of 13.84% beat MYR Group's return on equity.
Summary
MYR Group beats Avista on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MYRG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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