EMCOR Group, Inc. with ticker code (EME) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between $200.00 and $160. and has a mean target at $182.67. Given that the stocks previous close was at $157.18 this would indicate that there is a potential upside of 16.2%. Also worth taking note is the 50 day moving average now sits at $157.43 while the 200 day moving average is $137.55. The total market capitalization for the company now stands at $7,472m. Visit the company website at: https://www.emcorgroup.com
The potential market cap would be $8,684m based on the market consensus.
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; 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. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. The company was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
The company has a dividend yield of 0.46% with the ex dividend date set at 14-4-2023 (DMY).
Other points of data to note are a P/E ratio of 19.34, revenue per share of 221.82 and a 6.49% return on assets.
