Emcor Group, Inc. (EME, Financial) recently experienced a significant stock price decline, dropping by 5.06% to $423.56 per share, with a trading volume of approximately 291,006 shares. The stock's turnover rate was 0.62%, and it saw a price fluctuation of 4.09% within the same period.
Recent financial reports exhibit Emcor Group's strong performance, recording a revenue of $3.667 billion and a net profit of $248 million. The earnings per share stood at $5.27, with a gross profit of $684 million, leading to a P/E ratio of 24.34. Analysts have shown confidence in the stock, with 75% recommending a buy and 25% suggesting a hold, while no analysts have advised selling.
Within the construction and engineering sector, where Emcor Group operates, the industry faced an overall decline of 2.06%. Notable gains were observed in companies like Juni Engineering, ENGlobal, and Shimmick Corporation. Meanwhile, active trading was noted in Blink Charging Co., Comfort Systems USA, and Sterling Infrastructure, with turnover rates of 4.65%, 2.62%, and 1.10% respectively. Larger price fluctuations were seen in Juni Engineering, Manulife Construction, and SSK Holdings Limited, with respective variances of 17.28%, 11.64%, and 9.63%.
Emcor Group is a prominent American specialty contractor, providing a wide range of electrical and mechanical construction and facilities services. The company operates through approximately 100 subsidiaries, serving diverse sectors including commercial, healthcare, and utilities. The majority of its revenue is derived from the U.S. operations.
