EMCOR Group (NYSE:EME - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 24.500-25.750 for the period, compared to the consensus EPS estimate of 23.775. The company issued revenue guidance of $16.4 billion-$16.9 billion, compared to the consensus revenue estimate of $16.5 billion.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. Jefferies Financial Group started coverage on shares of EMCOR Group in a report on Friday, June 27th. They issued a "buy" rating on the stock. Stifel Nicolaus increased their price objective on shares of EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Robert W. Baird started coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price on the stock. William Blair initiated coverage on shares of EMCOR Group in a research note on Friday, June 27th. They set an "outperform" rating for the company. Finally, The Goldman Sachs Group raised their price objective on shares of EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $581.40.
View Our Latest Analysis on EME
EMCOR Group Price Performance
Shares of EME stock opened at $646.99 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.14 and a current ratio of 1.16. The business's 50 day moving average price is $521.15 and its 200-day moving average price is $455.25. EMCOR Group has a fifty-two week low of $319.49 and a fifty-two week high of $667.64. The firm has a market cap of $28.96 billion, a P/E ratio of 28.83 and a beta of 1.24.
EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, topping the consensus estimate of $5.68 by $1.04. EMCOR Group had a return on equity of 37.12% and a net margin of 7.00%. The business's revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the prior year, the business earned $5.25 EPS. On average, equities research analysts anticipate that EMCOR Group will post 20.74 earnings per share for the current year.
EMCOR Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.15%. The ex-dividend date of this dividend is Tuesday, July 15th. EMCOR Group's dividend payout ratio (DPR) is presently 4.42%.
Insider Buying and Selling
In other EMCOR Group news, CEO Anthony Guzzi sold 7,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $436.03, for a total value of $3,052,210.00. Following the transaction, the chief executive officer owned 208,989 shares in the company, valued at $91,125,473.67. The trade was a 3.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.83% of the stock is currently owned by insiders.
Institutional Investors Weigh In On EMCOR Group
A hedge fund recently raised its stake in EMCOR Group stock. Great Lakes Advisors LLC grew its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 32.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 590 shares of the construction company's stock after purchasing an additional 144 shares during the period. Great Lakes Advisors LLC's holdings in EMCOR Group were worth $218,000 as of its most recent SEC filing. Institutional investors own 92.59% of the company's stock.
About EMCOR Group
(
Get Free Report)
EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.
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