EMCOR Group Inc. (NYSE: EME) has reported E.P.S. of $4.18 for its first fiscal quarter (ending March 31) versus $2.33 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $15.23 compared to $9.13 a year ago.
Recent Price Action
EMCOR Group Inc. (NYSE: EME) stock closed at $349.35 on 4/25/24 after a large increase of 3.1%. Moreover, trading volume in this advance was unusually high at 162% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.0% during the last week.
Current PriceTarget Research Rating
EME is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
EMCOR Group has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. EMCOR Group has a poor Appreciation Score of 27 but a very high Power Rating of 100, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment