Head to Head Review: Pike Corp (PIKE) & MYR Group (MYRG)
Pike Corp (NYSE: PIKE) and MYR Group (NASDAQ:MYRG) are both large-cap smart grid & power distribution construction companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, dividends, earnings, valuation, risk, analyst recommendations and institutional ownership.
This table compares Pike Corp and MYR Group’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider & Institutional Ownership
86.5% of MYR Group shares are owned by institutional investors. 5.0% of MYR Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This is a breakdown of current ratings and target prices for Pike Corp and MYR Group, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
MYR Group has a consensus price target of $31.75, indicating a potential downside of 0.50%. Given MYR Group’s higher possible upside, analysts clearly believe MYR Group is more favorable than Pike Corp.
Volatility and Risk
Pike Corp has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, MYR Group has a beta of 0.43, suggesting that its stock price is 57% less volatile than the S&P 500.
Earnings and Valuation
This table compares Pike Corp and MYR Group’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|MYR Group||$1.14 billion||0.46||$21.43 million||$0.93||34.31|
MYR Group has higher revenue and earnings than Pike Corp. MYR Group is trading at a lower price-to-earnings ratio than Pike Corp, indicating that it is currently the more affordable of the two stocks.
MYR Group beats Pike Corp on 9 of the 10 factors compared between the two stocks.
About Pike Corp
Pike Corporation is a provider of construction and engineering services for investor-owned, municipal and co-operative electric utilities in the United States. The Company’s suite of energy and communication solutions includes facilities planning and siting, permitting, engineering, design, installation, maintenance and repair of power delivery systems, including utility-grade solar construction projects and storm-related services. The Company operates in two segments: construction and engineering. On January 1, 2014, Synergetic Design Holdings, Inc. merged with and into Pike Enterprises, Inc., a wholly owned subsidiary of the Company, and UC Synergetic, Inc. (UCS) merged with and into Pike Energy Solutions, LLC (PES), the surviving entity of which was named UC Synergetic, LLC.
About MYR Group
MYR Group Inc. is a holding company. The Company, through its subsidiaries, provides specialty electrical construction services. The Company performs construction services in two segments: Transmission and Distribution (T&D), and Commercial and Industrial (C&I). The Company provides C&I electrical contracting services to general contractors, commercial and industrial facility owners, local governments and developers in the western and northeastern United States and western Canada. The Company’s T&D segment serves the T&D sector of the electric utility industry. The Company provides a range of services on electric transmission and distribution networks and substation facilities, such as design, engineering, procurement, construction and upgrade. The Company’s C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway and tunnel lighting.
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