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

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MYR Group (NASDAQ:MYRG – Get Rating) and QualTek Services (NASDAQ:QTEK – Get Rating) are both small utilities, but which is the better investment? We will compare the two companies based on the strength of their analyst ratings, 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 investment
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 owned by institutional investors. 2.8% of MYR Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds, and endowments believe a company will outperform the market over the long term.

profit and rating

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

gross receipts price/sales ratio net income 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 sales and profits than QualTek Services.

Analyst Recommendations

This is a summary of the most recent ratings and recommendations for MYR Group and QualTek Services as reported by MarketBeat.

sell reviews keep ratings Buy reviews Strong buy recommendations rating score
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%. Given QualTek Services’ higher potential upside potential, analysts clearly believe QualTek Services is cheaper than MYR Group.

summary

MYR Group beats QualTek Services on 8 of the 10 factors comparing the two stocks.

Company profile of the MYR Group (received rating)

MYR Group Inc., through its subsidiaries, provides electrical design services in the United States and Canada. It operates through two segments, Transmission and Distribution and Trade and Industry. The Transmission and Distribution segment provides a range of electrical transmission and distribution network and substation facility services, including design, engineering, procurement, construction, modernization, maintenance and repair, with a focus on construction, maintenance and repair for customers in the electric utility industry; and services, including construction and maintenance of high-voltage transmission lines, substations, and underground and above-ground low-voltage distribution systems, renewable energy facilities and limited gas construction services, and emergency recovery services in response to hurricanes, ice or other storm-related damage. This segment serves as the prime contractor for customers such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility 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 transportation networks, bridges, roadways, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing plants, wastewater treatment plants, mining plants, 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 headquartered in Henderson, Colorado.

Company Profile of QualTek Services (received rating)

QualTek 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: Telecommunications and Renewable Energy and Reclamation Logistics. The Telecoms segment performs site acquisition, engineering, project management, installation, testing, last mile installation and maintenance solutions of communications infrastructure for telecom and cable providers, enterprises, public entities, government entities and residential customers. The Renewables and Recovery Logistics segment provides fiber optic construction, maintenance and repair services; continuity and disaster relief services for telecommunications and utility companies; and business-as-usual services such as generator storage and repair and cell maintenance services. The company was founded in 2012 and is headquartered in Blue Bell, Pennsylvania.



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