EMCOR Group (NYSE:EME – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 22.250-24.000 for the period, compared to the consensus estimate of 23.060. The company issued revenue guidance of $16.1 billion-$16.9 billion, compared to the consensus revenue estimate of $15.8 billion.
EMCOR Group Stock Performance
Shares of EME traded up $22.89 during trading hours on Wednesday, reaching $420.92. 881,363 shares of the company traded hands, compared to its average volume of 510,437. The stock’s fifty day moving average is $461.63 and its 200 day moving average is $448.68. EMCOR Group has a 1-year low of $272.29 and a 1-year high of $545.29. The stock has a market cap of $19.36 billion, a P/E ratio of 21.38 and a beta of 1.11.
EMCOR Group (NYSE:EME – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The construction company reported $6.32 EPS for the quarter, beating the consensus estimate of $5.53 by $0.79. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. On average, equities research analysts predict that EMCOR Group will post 20.74 EPS for the current year.
EMCOR Group Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the stock. The Goldman Sachs Group initiated coverage on EMCOR Group in a report on Friday, November 22nd. They set a “sell” rating and a $445.00 price objective on the stock. Northcoast Research began coverage on EMCOR Group in a research note on Friday, November 22nd. They issued a “buy” rating and a $600.00 price target on the stock. StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Finally, Stifel Nicolaus initiated coverage on shares of EMCOR Group in a research note on Friday, November 15th. They issued a “buy” rating and a $600.00 target price on the stock. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and an average target price of $518.75.
Check Out Our Latest Report on EMCOR Group
EMCOR Group Company Profile
EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.
Recommended Stories
- Five stocks we like better than EMCOR Group
- Bank Stocks – Best Bank Stocks to Invest In
- Buffett’s on the Sidelines – Should You Follow?
- Canadian Penny Stocks: Can They Make You Rich?
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Which Wall Street Analysts are the Most Accurate?
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.com's FREE daily email newsletter.