Recent exceptional positive changes in investment behavior have benefitted EMCOR Group Inc. (NYSE: EME): the stock rose on very heavy volume, and positive upside/downside volume developed.
EMCOR Group Inc. (NYSE: EME) has benefited from significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would 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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. EMCOR Group has a slightly negative Appreciation Score of 30 but a very high Power Rating of 88, leading to the High Neutral Value Trend Rating.
Recent Price Action
EMCOR Group Inc. (NYSE: EME) stock closed at $504.35 on 11/7/24 after a modest gain of 0.5%. Moreover, trading volume in this advance was exceptionally high at 220% of normal. The stock has risen 16.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
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