Emcor Group, Inc (NYSE: EME) is -5.27% lower on its value in year-to-date trading and has touched a low of $220.45 and a high of $545.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EME stock was last observed hovering at around $531.65 in the last trading session, with the day’s loss setting it -101.65%.
Currently trading at $430.00, the stock is -11.32% and -12.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -19.12% at the moment leaves the stock 3.58% off its SMA200. EME registered 95.36% gain for a year compared to 6-month gain of 24.06%. The firm has a 50-day simple moving average (SMA 50) of $492.6734 and a 200-day simple moving average (SMA200) of $414.7427.
The stock witnessed a -7.18% loss in the last 1 month and extending the period to 3 months gives it a -3.51%, and is -15.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.66% over the week and 3.05% over the month.
Emcor Group, Inc (EME) has around 38300 employees, a market worth around $19.78B and $14.24B in sales. Current P/E ratio is 21.84 and Fwd P/E is 18.88. Profit margin for the company is 6.51%. Distance from 52-week low is 95.06% and -21.14% from its 52-week high. The company has generated returns on investments over the last 12 months (30.56%).
with sales reaching $3.82B over the same period.The EPS is expected to grow by 57.08% this year, but quarterly earnings will post 16.18% year-over-year. Quarterly sales are estimated to grow 11.13% in year-over-year returns.
Emcor Group, Inc (EME) Top Institutional Holders
1094.0 institutions hold shares in Emcor Group, Inc (EME), with institutional investors hold 96.62% of the company’s shares. The shares outstanding are 46.00M, and float is at 45.37M with Short Float at 1.08%. Institutions hold 95.12% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.89 million shares valued at $2.15 billion. The investor’s holdings represent 12.4968% of the EME Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.84 million shares valued at $1.77 billion to account for 10.2617 of the shares outstanding. The other top investors are FMR LLC which holds 3.6 million shares representing 7.647% and valued at over $1.32 billion, while KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds 5.6509 of the shares totaling 2.66 million with a market value of $972.48 million.
Emcor Group, Inc (EME) Insider Activity
The most recent transaction is an insider sale by Walker-Lee Robin A, the company’s Director. SEC filings show that Walker-Lee Robin A sold 1,300 shares of the company’s common stock on Jul 29 ’24 at a price of $370.79 per share for a total of $0.48 million. Following the sale, the insider now owns 8637.0 shares.
Still, SEC filings show that on Jun 06 ’24, Lowe Carol P (Director) disposed off 1,245 shares at an average price of $374.23 for $0.47 million. The insider now directly holds 16,807 shares of Emcor Group, Inc (EME).
