Core Viewpoint - Emcor Group (EME) has shown strong stock performance recently, with a notable increase in earnings estimates, indicating potential for continued growth in the near term [1][2][7]. Earnings Performance - Emcor Group is expected to report earnings of $5.54 per share for the current quarter, reflecting a year-over-year increase of +23.9% [5]. - The consensus earnings estimate for the current fiscal year is $20.74, indicating a significant change of +55.5% from the previous year [5]. - For the next fiscal year, the consensus estimate is $22.24, showing a year-over-year change of +7.2% [6]. Revenue Growth - The consensus sales estimate for the current quarter is $3.84 billion, representing a year-over-year increase of +11.7% [9]. - For the current fiscal year, the revenue estimate is $14.67 billion, indicating a growth of +16.6% [9]. - The next fiscal year's revenue estimate is $15.64 billion, reflecting a change of +6.6% [9]. Recent Results and Surprises - In the last reported quarter, Emcor Group achieved revenues of $3.7 billion, a year-over-year increase of +15.3% [10]. - The reported EPS was $5.80, compared to $3.61 a year ago, with a surprise of +16.23% against the consensus estimate [11]. - The company has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times [11]. Valuation Metrics - Emcor Group has a Zacks Value Style Score of D, indicating it is trading at a premium compared to its peers [15]. - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued or undervalued [13][14]. Conclusion - The strong earnings estimate revisions and the Zacks Rank 1 suggest that Emcor Group may outperform the broader market in the near term [16].

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? D ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Emcor Group (EME) .Emcor Group currently has an average brokerage ...

Emcor Group (EME) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this construction and maintenance company have returned +10.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Building Products - Heavy Construction industry, to which Emcor Group belongs, has gained 10.2% over this period. Now the key question is: Where could the stock ...

The Zacks Building Products - Heavy Construction industry is poised to sustain its growth trajectory, driven by a robust infrastructure push led by the U.S. government. This initiative emphasizes critical upgrades to the nation’s roads, bridges, and broadband infrastructure. Industry participants are experiencing heightened demand across key segments such as communications, power transmission, and large-scale infrastructure projects.Despite headwinds like project delays, labor market competition, and rising ...

Return on equity (ROE) is one of the most favored metrics of investors. It is a profitability ratio that measures earnings generated by a company from its equity. Investors can follow the ROE trend in companies and compare this to historical or industry benchmarks to pick a winning stock.However, stepping beyond the basic ROE and analyzing it at an advanced level could lead to even better returns. Here is where the DuPont analysis comes into play. It is an analytical method, which examines three major eleme ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

I am bullish on EMCOR Group, Inc. (NYSE: EME ) due to its strong financial health and growth potential. The stock has been on an upward trajectory gaining about 287% over the last three years, outperforming theI am an experienced financial analyst and a former writer for Fade The Market on Seeking Alpha, with a passion for numbers and a knack for unraveling complex financial data. Armed with a strong financial modeling and data analysis background, I thrive on providing accurate insights and recommendations ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Gro ...

EMCOR Group, Inc. (EME) reported impressive third-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate and increasing year over year. See the Zacks Earnings Calendar to stay ahead of market-making news. The upside was backed by innovation and high-demand projects, particularly in data centers, semiconductor plants, and institutional sectors. Owing to this solid performance, the company raised its financial guidance for 2024. Following the results, shares of EMCOR gained 3 ...