Critical Survey: QualTek Services (NASDAQ: QTEK) and MYR Group (NASDAQ: MYRG)

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MYR Group (NASDAQ:MYRG – Get Rating) and QualTek Services (NASDAQ:QTEK – Get Rating) are both small cap utilities, but which is the best investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Profitability

This table compares the net margins, return on equity and return on assets of MYR Group and QualTek Services.

Net margins Return on equity return on assets
MYR Group 3.37% 16.96% 7.72%
QualTek-Services N / A -1,753.67% -25.94%

Institutional and insider ownership

86.2% of MYR Group shares are held by institutional investors. 2.8% of MYR Group shares are held by insiders. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a company will outperform the market over the long term.

Benefits and evaluation

This table compares the gross revenue, earnings per share and valuation of MYR Group and QualTek Services.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
MYR Group $2.50 billion 0.57 $85.01 million $5.00 16.72
QualTek-Services $612.24 million 0.16 -$4.06 million N / A N / A

MYR Group has higher revenue and profit than QualTek Services.

Analyst Recommendations

This is a summary of current ratings and recommendations for MYR Group and QualTek Services, as reported by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
MYR Group 0 0 0 0 N / A
QualTek-Services 0 0 2 0 3.00

MYR Group currently has a consensus price target of $101.00, suggesting a potential upside of 20.84%. QualTek Services has a consensus price target of $7.00, suggesting a potential upside of 260.82%. Considering the higher possible upside of QualTek Services, analysts clearly believe that QualTek Services is more favorable than MYR Group.

Summary

MYR Group beats QualTek Services on 8 out of 10 factors compared between the two stocks.

MYR Group Company Profile (Get an assessment)

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electricity transmission and distribution networks and substation facilities, including design, engineering, procurement, construction, level, maintenance and repair, with a primary focus on construction, maintenance and repair to customers in the electric utility industry; and services, including the construction and maintenance of high voltage transmission lines, underground and overhead low voltage substations and distribution systems, renewable energy facilities and limited gas construction services , as well as emergency catering services in response to hurricane, freezing rain or other storm-related damage. This segment serves as prime contractor for customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial plant owners and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance and repair of commercial and industrial wiring; and installation of traffic networks, bridge, pavement and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, factories manufacturing, process facilities, wastewater treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, government agencies, and developers. The company was founded in 1891 and is based in Henderson, Colorado.

QualTek Services Company Profile (Get an assessment)

QualTek Services LogoQualTek Services Inc. provides communications infrastructure services and renewable energy solutions to the telecommunications and utility industries in North America. The Company operates through two segments, Telecom, and Renewables and Recovery Logistics. The Telecommunications segment performs site acquisition, engineering, project management, installation, testing, last mile installation and maintenance solutions of communications infrastructure for telecommunications and cable providers. , businesses, public places, government facilities and residential subscribers. The Renewables and Recovery Logistics segment offers fiber optic construction, maintenance and repair services; business continuity and disaster relief services to telecommunications and utility companies; and business-as-usual services, such as generator storage and cell repair and maintenance services. The company was founded in 2012 and is headquartered in Blue Bell, Pennsylvania.



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