Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Emcor Group, Inc (NYSE: EME) closed the day trading at $430.00 down -19.12% from the previous closing price of $531.65. In other words, the price has decreased by -$19.12 from its previous closing price. On the day, 1.61 million shares were traded. EME stock price reached its highest trading level at $487.115 during the session, while it also had its lowest trading level at $428.94.
Ratios:
For a better understanding of EME, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northcoast on November 22, 2024, initiated with a Buy rating and assigned the stock a target price of $600.
On November 22, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $445.
On November 15, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $600.Stifel initiated its Buy rating on November 15, 2024, with a $600 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 29 ’24 when Walker-Lee Robin A sold 1,300 shares for $370.79 per share. The transaction valued at 482,027 led to the insider holds 8,637 shares of the business.
Robin A. Walker-Lee Living Tru bought 1,300 shares of EME for $481,501 on Jul 29 ’24. On Jun 06 ’24, another insider, Lowe Carol P, who serves as the Director of the company, sold 1,245 shares for $374.23 each. As a result, the insider received 465,916 and left with 16,807 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EME now has a Market Capitalization of 19780902912 and an Enterprise Value of 23778560000. As of this moment, Emcor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.84, and their Forward P/E ratio for the next fiscal year is 18.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 7.17. Its current Enterprise Value per Revenue stands at 1.67 whereas that against EBITDA is 17.288.
Stock Price History:
Over the past 52 weeks, EME has reached a high of $545.29, while it has fallen to a 52-week low of $220.45. The 50-Day Moving Average of the stock is -12.40%, while the 200-Day Moving Average is calculated to be 3.58%.
Shares Statistics:
Over the past 3-months, EME traded about 407.50K shares per day on average, while over the past 10 days, EME traded about 365020 shares per day. A total of 46.00M shares are outstanding, with a floating share count of 45.37M. Insiders hold about 1.38% of the company’s shares, while institutions hold 94.19% stake in the company. Shares short for EME as of 1735603200 were 490227 with a Short Ratio of 1.20, compared to 1732838400 on 431388. Therefore, it implies a Short% of Shares Outstanding of 490227 and a Short% of Float of 1.39.
Dividends & Splits
EME’s forward annual dividend rate is 1.00, up from 0.93 a year ago. Against a Trailing Annual Dividend Yield of 0.0017492711The stock’s 5-year Average Dividend Yield is 0.36.
