Comparing MYR Group (NASDAQ:MYRG) & QualTek Services (NASDAQ:QTEK)

MYR Group (NASDAQ:MYRGGet Rating) and QualTek Services (NASDAQ:QTEKGet Rating) are both small-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, risk, earnings, analyst recommendations, institutional ownership and valuation.

Insider & Institutional Ownership

88.2% of MYR Group shares are owned by institutional investors. Comparatively, 65.5% of QualTek Services shares are owned by institutional investors. 2.8% of MYR Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

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

Net Margins Return on Equity Return on Assets
MYR Group 3.40% 17.57% 7.99%
QualTek Services N/A -921.32% -25.91%

Valuation and Earnings

This table compares MYR Group and QualTek Services’ revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
MYR Group $2.50 billion 0.61 $85.01 million $4.96 18.15
QualTek Services $612.24 million 0.06 -$110.43 million N/A N/A

MYR Group has higher revenue and earnings than QualTek Services.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for MYR Group and QualTek Services, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MYR Group 0 0 0 0 N/A
QualTek Services 0 0 2 0 3.00

QualTek Services has a consensus target price of $7.00, indicating a potential upside of 168.71%. Given QualTek Services’ higher possible upside, analysts plainly believe QualTek Services is more favorable than MYR Group.

Summary

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

MYR Group Company Profile (Get Rating)

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 electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to 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 traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

QualTek Services Company Profile (Get Rating)

QualTek Services Inc. provides communications infrastructure services and renewables solutions to telecommunications and utilities industries in North America. The company operates through two segments, Telecom, and Renewables and Recovery Logistics. The Telecom segment performs site acquisition, engineering, project management, installation, testing, last mile installation, and maintenance solutions of communication infrastructure for telecommunication and cable providers, businesses, public venues, government facilities, and residential subscribers. The Renewables and Recovery Logistics segment offers fiber optic construction, maintenance, and repair services; continuity and disaster relief services to telecommunication 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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