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Emcor Group (EME) Rises As Market Takes a Dip: Key Facts
EMCOREMCOR(US:EME) ZACKSยท2024-07-11 22:56

Company Overview - Emcor Group (EME) closed at $375.46, with a daily increase of 0.72%, outperforming the S&P 500's loss of 0.88% [1] - The company is projected to report earnings of $3.50 per share, indicating a year-over-year growth of 18.64% [2] - Emcor Group currently has a Forward P/E ratio of 23.15, which is higher than the industry average of 19.14 [4] Analyst Insights - Recent changes in analyst estimates for Emcor Group reflect positive near-term business trends, indicating analysts' confidence in the company's performance [7] - The Zacks Rank system, which assesses stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Emcor Group at 3 (Hold) [8] Industry Context - Emcor Group operates within the Building Products - Heavy Construction industry, which ranks in the top 24% of over 250 industries, with a current Zacks Industry Rank of 58 [9] - Over the past month, Emcor Group's shares have depreciated by 2.57%, which is better than the Construction sector's loss of 2.77% but lagging behind the S&P 500's gain of 5.11% [6]