Emcor Group (EME) Is Up 0.87% in One Week: What You Should Know

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2] - Emcor Group (EME) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3][12] Price Performance - EME shares have increased by 0.87% over the past week, while the Zacks Building Products - Heavy Construction industry has decreased by 0.07% during the same period [6] - Over the past quarter, EME shares have risen by 30.75%, and over the last year, they have increased by 64.75%, significantly outperforming the S&P 500, which rose by 8.47% and 20.31% respectively [7] Trading Volume - EME's average 20-day trading volume is 336,711 shares, which serves as a useful baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for EME have been revised upwards, increasing the consensus estimate from $23.59 to $25.00 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10] Overall Assessment - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, EME is rated as a 2 (Buy) stock, making it a promising candidate for momentum investing [4][12]