28-Mar-2024
Catalyst Watch: Tesla deliveries, Disney board vote, DJT drama and Fortinet event
Seeking Alpha News (Thu, 28-Mar 3:00 PM ET)
EMCOR Group, Inc. to Participate at the 16th Annual Evercore ISI Industrial Conference
Business Wire (Thu, 29-Feb 9:00 AM ET)
EMCOR Group, Inc. Reports Fourth Quarter and Full-Year 2023 Results
Business Wire (Wed, 28-Feb 7:30 AM ET)
EMCOR Group, Inc. Fourth Quarter Conference Call to Be Broadcast Over the Internet
Business Wire (Wed, 7-Feb 7:30 AM ET)
EMCOR Group, Inc. Declares Regular Quarterly Dividend
Business Wire (Thu, 4-Jan 9:19 AM ET)
EMCOR Group Inc is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Its services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. The company's operating subsidiaries are organized into reportable segments: United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, United States industrial services, and United Kingdom building services. Geographically the majority of revenue is generated from the United States.
Emcor Group trades on the NYSE stock market under the symbol EME.
As of March 28, 2024, EME stock price declined to $350.20 with 298,605 million shares trading.
EME has a beta of 0.74, meaning it tends to be less sensitive to market movements. EME has a correlation of 0.10 to the broad based SPY ETF.
EME has a market cap of $16.47 billion. This is considered a Large Cap stock.
Last quarter Emcor Group reported $3 billion in Revenue and $4.47 earnings per share. This beat revenue expectation by $79 million and exceeded earnings estimates by $.92.
In the last 3 years, EME stock traded as high as $354.73 and as low as $95.64.
The top ETF exchange traded funds that EME belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
EME has outperformed the market in the last year with a price return of +120.5% while the SPY ETF gained +33.6%. EME has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +62.1% and +8.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
EME support price is $346.46 and resistance is $356.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EME stock will trade within this expected range on the day.