The leading market experts have placed a mean price target of $61.75 on EMCOR Group, Inc. (NYSE:EME) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.81 a share for the upcoming quarter and $3.08 for the current fiscal.
The technical analysis of EMCOR Group, Inc. Common Stock plainly substantiates that the 50-day moving average of EMCOR Group, Inc. Common Stock is $53.55, and stock is trading $3.12 points away or +5.83% from its 50-day moving average of $53.55. Further it is trading $7.96 or +16.34% away its 200-day moving average of $48.71. EMCOR Group, Inc. (NYSE:EME) 52-week high is $57.55 and the 52-week low is $40.98.
This explains if the stock moves $-0.88, it will post a 52-week high. In event of +38.29% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of EMCOR Group, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, EMCOR Group, Inc. (NYSE:EME) ratio came in at 19.35.
The stock last ended the trading session at $56.67 and registered a market cap of $3.45B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. EMCOR Group, Inc. (NYSE:EME) PEG ratio is at 1.23.
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