Emcor Group, Inc. (NYSE: EME) has a higher price-to-earnings ratio of 26.22x compared to its average ratio. EME has 36-month beta value of 1.08. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for EME is 46.37M, and currently, short sellers hold a 0.87% ratio of that float. The average trading volume of EME on April 26, 2024 was 456.90K shares.
EME) stock’s latest price update
The stock price of Emcor Group, Inc. (NYSE: EME) has jumped by 3.09 compared to previous close of 338.89. Despite this, the company has seen a gain of 3.95% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-22 that EMCOR’s (EME) first-quarter 2024 performance is likely to have benefited from increased project flow and strength in the combined U.S. Construction segments and the U.S. Building Services segment.
EME’s Market Performance
EME’s stock has risen by 3.95% in the past week, with a monthly drop of -0.52% and a quarterly rise of 58.45%. The volatility ratio for the week is 2.86% while the volatility levels for the last 30 days are 2.55% for Emcor Group, Inc.. The simple moving average for the past 20 days is 0.20% for EME’s stock, with a 45.18% simple moving average for the past 200 days.
Analysts’ Opinion of EME
Sidoti gave a rating of “Buy” to EME, setting the target price at $137 in the report published on May 16th of the previous year.
EME Trading at 8.30% from the 50-Day Moving Average
After a stumble in the market that brought EME to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.46% of loss for the given period.
Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares sank -0.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.91% upper at present.
During the last 5 trading sessions, EME rose by +3.95%, which changed the moving average for the period of 200-days by +87.56% in comparison to the 20-day moving average, which settled at $348.53. In addition, Emcor Group, Inc. saw 62.16% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EME starting from Guzzi Anthony, who sale 6,000 shares at the price of $319.65 back on Mar 12 ’24. After this action, Guzzi Anthony now owns 219,023 shares of Emcor Group, Inc., valued at $1,917,900 using the latest closing price.
Guzzi Anthony, the Chairman, President and CEO of Emcor Group, Inc., sale 11,000 shares at $196.37 during a trade that took place back on Jul 27 ’23, which means that Guzzi Anthony is holding 224,722 shares at $2,160,070 based on the most recent closing price.
Stock Fundamentals for EME
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.17 for the gross margin
The net margin for Emcor Group, Inc. stands at 0.05. The total capital return value is set at 0.3. Equity return is now at value 28.49, with 10.43 for asset returns.
Based on Emcor Group, Inc. (EME), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.56. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 43.15.
Currently, EBITDA for the company is 997.07 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 4.09for trailing twelve months and the total asset turnover is 1.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
To put it simply, Emcor Group, Inc. (EME) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
