MYRG PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d

MYRG ▼ -7.85% at T+5d

LONG call ✗ call lost -7.85% · α vs SPY -7.80% · entry $478.93 → $441.35

Next anchor: T+20d in 12d

Currently $445.72 · -6.93% from $478.93 entry

Entry anchored
May 27, 03:59 PM ET
via Databento tick

T+1d

-2.90%

call -2.90% · α -3.14%

$465.06

settled 16d ago

T+5d

-7.85%

call -7.85% · α -7.80%

$441.35

settled 10d ago

T+20d

—

call — · α —

—

in 12d

T+60d

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call — · α —

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in 2mo

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Executive Summary

MYR Group announced the acquisition of Valley Holdings, Inc. (Valley Electric and Comet Electric) for approximately $328.0 million, funded through cash on hand and its revolving credit facility. The deal strengthens MYR's Commercial & Industrial segment in the Western U.S., adding combined average annual revenues in excess of $400 million. Expected close is July 1, 2026, subject to customary approvals.

Key Financial Metrics

Deal Value

$328.0M

Actionable Insight

The acquisition is immediately earnings-accretive given the target's large revenue base vs. the purchase price. Monitor the close date (July 1) and any regulatory hurdles, as well as integration execution in the C&I segment.

Key Facts

Acquisition consideration ~$328.0 million; funded via cash on hand and revolving credit facility.
Targets: Valley Electric (Everett, WA) and Comet Electric (Chatsworth, CA) — full-service electrical contractors in Western U.S.
Combined average annual revenues of Valley and Comet exceeded $400 million over the last two years.
Expected to close on or about July 1, 2026; approved by seller (Prospect Capital Corporation) and MYR Board.
Acquisition enhances MYR's C&I segment geographic reach and service offerings in data centers, transportation, and more.

Financial Impact

~$328.0 million acquisition price; acquired companies generate >$400 million in combined average annual revenue

revenuegeographic reachsegment diversification

Risk Factors

Integration risk — combining two large contractors with distinct workforces and cultures
Financing risk — reliance on revolving credit facility may increase leverage
Regulatory approval conditions could delay or block the close

Market Snapshot

Exchange

Nasdaq

Sector

Water, Sewer, Pipeline, Comm & Power Line Construction

Analyst Consensus

71% bullish (14 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3302388

4 reports for MYRG

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for MYRG — sortable, filterable
	Type				Now
Jun 4, 2026 8d ago	Insider Cluster NEUTRAL ★ 4/10	$444.44 awaiting T+5	awaiting T+5	—	$445.72 (+0.29%)
May 27, 2026 16d ago	Press Release BULLISH ★ 7/10	$478.93 $441.35	▼ −7.85%	▼ −7.80%	$445.72 (−6.93%)
Apr 15, 2026 8w ago	Press Release NEUTRAL ★ 3/10	$315.26 $338.05	▲ +7.23%	▲ +6.25%	$445.72 (+41.38%)
Feb 25, 2026 15w ago	8-K BULLISH ★ 8/10	$274.01 $274.62	▲ +0.22%	▲ +1.32%	$445.72 (+62.67%)

US Market Status

Market Closed — Opens Mon (48h 2m)

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