Extremely significant positive changes in EMCOR Group Inc. (NYSE: EME) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, EME is expected to continue to be a major Value Builder.
EMCOR Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. EMCOR Group has a neutral Appreciation Score of 41 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.
Recent Price Action
EMCOR Group Inc. (NYSE: EME) stock closed at $355.77 on 8/9/24 after a slight decline of -0.4%. However, unusually low trading volume at 52% of normal accompanied the decline. The stock has declined -2.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Be the first to comment