EMCOR Group Inc. (NYSE:EME) shares traded lower over the last trading session, losing -1.21% on 02/12/21. The shares fell to a low of $93.10 before closing at $93.45. Intraday shares traded counted 0.16 million, which was 38.62% higher than its 30-day average trading volume of 262.89K. EME’s previous close was $94.59 while the outstanding shares total 54.98M. The firm has a beta of 1.20, a 12-month trailing P/E ratio of 37.88, and a growth ratio of 2.53. The stock’s Relative Strength Index (RSI) is 49.58, with weekly volatility at 2.16% and ATR at 2.62. The EME stock’s 52-week price range has touched low of $41.85 and a $101.33 high.
Investors have identified the Engineering & Construction company EMCOR Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.20 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
EMCOR Group Inc. (EME) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For EME, the company has in raw cash 679.34 million on their books with 9.69 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 2.9 billion total, with 1.98 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.89 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EME sounds very interesting.
Is the stock of EME attractive?
In related news, EVP – Shared Services, MATZ R KEVIN sold 10,000 shares of the company’s stock in a transaction that recorded on Nov 30. The sale was performed at an average price of 87.74, for a total value of 877,441. As the sale deal closes, the Chairman, President and CEO, Guzzi Anthony now sold 14,224 shares of the company’s stock, valued at 1,209,154. Also, Chairman, President and CEO, Guzzi Anthony sold 512 shares of the company’s stock in a deal that was recorded on Nov 10. The shares were price at an average price of 80.00 per share, with a total market value of 40,960. Following this completion of acquisition, the Chairman, President and CEO, Guzzi Anthony now holds 13,712 shares of the company’s stock, valued at 1,097,197. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.80%.
1 out of 6 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on EMCOR Group Inc.. 0 analysts has assigned a Sell rating on the EME stock. The 12-month mean consensus price target for the company’s shares has been set at $97.33.