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NASDAQ:MYRG News 8 January 2026

MYR Group stock sinks nearly 8% as infrastructure contractors slide ahead of U.S. jobs data

MYR Group stock sinks nearly 8% as infrastructure contractors slide ahead of U.S. jobs data

New York, Jan 8, 2026, 15:03 EST — Regular session MYR Group Inc shares were down 7.6% at $218 on Thursday afternoon, putting the electrical contractor among the sharper decliners in U.S. infrastructure-linked stocks. The stock opened higher and then slid, hitting an intraday low of $215.30. The selling came as major U.S. indexes eased and Treasury yields firmed, with…

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  • Five-Star Business Finance Q3 Misses EPS Estimates, Analysts Maintain Cautious Outlook
    January 30, 2026, 1:52 AM EST. Five-Star Business Finance Limited (NSE:FIVESTAR) shares fell 14% to ₹444 following its third-quarter financial results. The company reported revenue of ₹6.3 billion, aligning with expectations, but statutory earnings per share (EPS) missed forecasts by 2.8%, at ₹9.38. Analysts covering the stock have revised 2027 EPS forecasts slightly downward to ₹45.19 from ₹46.53, while revenue estimates remain steady at ₹30.1 billion, representing a projected 34% year-on-year increase. The consensus price target remains near ₹709, reflecting stable valuation despite the EPS downgrade. Projected revenue growth aligns with historical rates and slightly outpaces industry peers, indicating steady performance. Analyst estimates show limited divergence, suggesting consistent assumptions underpinning these forecasts.
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