Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Emcor Group Inc    EME

EMCOR GROUP INC (EME)
My previous session
Most popular
  Report  
Delayed Quote. Delayed  - 01/18 04:02:01 pm
64.9 USD   +1.34%
2016EMCOR GROUP INC : half-yearly earnings release
2016EMCOR GROUP INC : quaterly earnings release
2013EMCOR GROUP INC : quaterly earnings release
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Emcor : $2.05 Billion in Sales a Nticipated for Emcor Group Inc This Quarter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 03:44am EST

Equities research analysts expect Emcor Group Inc (NYSE:EME) to report $2.05 billion in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Emcor Groups earnings, with the lowest sales estimate coming in at $2.02 billion and the highest estimate coming in at $2.08 billion. Emcor Group reported sales of $2.01 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 2%. The company is scheduled to report its next quarterly earnings results on Thursday, February 28th.

On average, analysts expect that Emcor Group will report full-year sales of $7.96 billion for the current fiscal year, with estimates ranging from $7.92 billion to $7.98 billion. For the next fiscal year, analysts expect that the company will post sales of $8.23 billion, with estimates ranging from $8.18 billion to $8.31 billion. Zacks sales calculations are an average based on a survey of sell-side research analysts that cover Emcor Group.

Emcor Group (NYSE:EME) last released its quarterly earnings data on Thursday, October 25th. The construction company reported $1.35 earnings per share for the quarter, topping the Zacks consensus estimate of $1.23 by $0.12. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.95 billion. Emcor Group had a return on equity of 15.96% and a net margin of 3.27%.

A number of equities research analysts have commented on EME shares. DA Davidson upgraded Emcor Group from a neutral rating to a buy rating and set a $83.00 target price on the stock in a research report on Thursday, October 25th. They noted that the move was a valuation call. Zacks Investment Research upgraded Emcor Group from a hold rating to a buy rating and set a $84.00 target price on the stock in a research report on Monday, October 1st. Maxim Group started coverage on Emcor Group in a research report on Thursday, December 13th. They issued a hold rating and a $68.00 target price on the stock. Finally, ValuEngine downgraded Emcor Group from a hold rating to a sell rating in a research report on Wednesday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Emcor Group currently has an average rating of Hold and a consensus price target of $80.50.

In related news, Director Jerry E. Ryan sold 12,000 shares of the businesss stock in a transaction on Tuesday, December 11th. The stock was sold at an average price of $65.76, for a total value of $789,120.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William P. Reid sold 1,900 shares of the businesss stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $71.69, for a total value of $136,211.00. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in shares of Emcor Group by 3.8% in the 3rd quarter. BlackRock Inc. now owns 6,731,040 shares of the construction companys stock valued at $505,568,000 after buying an additional 247,310 shares during the period. Vanguard Group Inc. increased its holdings in Emcor Group by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 5,531,946 shares of the construction companys stock worth $415,505,000 after purchasing an additional 53,572 shares during the period. Vanguard Group Inc increased its holdings in Emcor Group by 1.0% during the 3rd quarter. Vanguard Group Inc now owns 5,531,946 shares of the construction companys stock worth $415,505,000 after purchasing an additional 53,572 shares during the period. Prudential Financial Inc. increased its holdings in Emcor Group by 3.3% during the 3rd quarter. Prudential Financial Inc. now owns 1,222,818 shares of the construction companys stock worth $91,846,000 after purchasing an additional 38,718 shares during the period. Finally, Voya Investment Management LLC increased its holdings in Emcor Group by 11.1% during the 2nd quarter. Voya Investment Management LLC now owns 1,098,299 shares of the construction companys stock worth $83,668,000 after purchasing an additional 109,762 shares during the period. Hedge funds and other institutional investors own 92.75% of the companys stock.

NYSE:EME traded up $0.95 on Tuesday, reaching $62.35. The companys stock had a trading volume of 209,800 shares, compared to its average volume of 326,380. Emcor Group has a 12-month low of $57.29 and a 12-month high of $85.08. The company has a quick ratio of 1.44, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $3.47 billion, a P/E ratio of 15.36, a P/E/G ratio of 0.78 and a beta of 1.12.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 30th. Shareholders of record on Friday, January 18th will be given a $0.08 dividend. The ex-dividend date is Thursday, January 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.51%. Emcor Groups dividend payout ratio is currently 7.88%.

Emcor Group announced that its board has initiated a stock buyback plan on Thursday, October 25th that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 5% of its stock through open market purchases. Stock repurchase plans are often a sign that the companys management believes its shares are undervalued.

(c) 2019 Daily Independent. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EMCOR GROUP INC
01/19EMCOR : Jane Street Group LLC Buys 5,386 Shares of Emcor Group Inc
AQ
01/17EMCOR GROUP INC : Ex-dividend day for
FA
01/15EMCOR : Plans $0.08 Quarterly Dividend
AQ
01/12EMCOR : Metlife Investment Advisors Llc Has $5.67 Million Stake in Emcor Group I..
AQ
01/12EMCOR : $2.05 Billion in Sales a Nticipated for Emcor Group Inc This Quarter
AQ
01/09EMCOR : Valley Milk, LLC Named Food Engineering Magazine's 2019 Plant of the Yea..
BU
01/07EMCOR GROUP, INC. : Declares Regular Quarterly Dividend
BU
2018EMCOR GROUP INC : Change in Directors or Principal Officers, Financial Statement..
AQ
2018EMCOR : Robin Walker-Lee Elected to the EMCOR Group, Inc. Board of Directors
BU
2018EMCOR : $10 million vote of confidence in St Andrews University vision
AQ
More news
Financials ($)
Sales 2018 7 953 M
EBIT 2018 403 M
Net income 2018 285 M
Finance 2018 16,3 M
Yield 2018 0,49%
P/E ratio 2018 13,38
P/E ratio 2019 12,61
EV / Sales 2018 0,47x
EV / Sales 2019 0,45x
Capitalization 3 736 M
Chart EMCOR GROUP INC
Duration : Period :
Emcor Group Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EMCOR GROUP INC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 76,3 $
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Anthony J. Guzzi Chairman, President & Chief Executive Officer
Mark A. Pompa Chief Financial Officer & Executive Vice President
David A. B. Brown Independent Director
Michael Tim Yonker Independent Director
Richard F. Hamm Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EMCOR GROUP INC8.73%3 736
VINCI3.78%51 193
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION4.91%37 051
LARSEN & TOUBRO-8.32%25 955
CHINA COMMUNICATIONS CONSTRUCTION CO LTD6.38%23 788
CHINA RAILWAY GROUP LTD1.14%23 391