에 대한 최신 뉴스 EMCOR Group (NYSE:EME) 주식

EMCOR Group

EMCOR Group Inc is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Its services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. The company's operating subsidiaries are organized into reportable segments: United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, United States industrial services, and United Kingdom building services. Geographically the majority of revenue is generated from the United States.

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매주, 벤징가의 스톡 위스퍼 지수(Benzinga&#39;s Stock Whisper Index)는 독점 데이터(proprietary data)와 패턴 인식의 조합을 사용하여 표면 바로 아래에서 주목을 받을 만한 주식 5종목을 소개한다.

벤징가의 &#39;스톡 위스퍼&#39; 지수: 액손, 스노우플레이, 엠코 그룹, 로켓랩 및 트레이드 데스크

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Shares of homebuilders, construction and household durables stocks are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

EMCOR Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) short percent of float has fallen 18.12% since its last report. The company recently reported that it has 431 thousand shares sold short, which is 1.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>EMCOR Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733927417_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EMCOR Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing EMCOR Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, EMCOR Group's peer group average for short interest as a percentage of float is 5.05%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into EMCOR Group's Recent Short Interest

EMCOR Group shares are trading lower after Goldman Sachs initiated coverage on the stock with a Sell rating and announced a $445 price target.

Goldman Sachs analyst Adam Bubes initiates coverage on EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) with a Sell rating and announces Price Target of $445.

News

Price Target

Initiation

Analyst Ratings

Goldman Sachs Initiates Coverage On EMCOR Group with Sell Rating, Announces Price Target of $445

Each week,&nbsp;Benzinga's Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
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Here&#8217;s a look at the Benzinga Stock Whisper Index for the week ending Nov. 15:
Axon Enterprises Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>): The weapons and cloud-based digital evidence company was one of many that<a href="https://www.benzinga.com/news/large-cap/24/11/41886058/donald-trump-victory-week-nov-4-8-these-large-cap-stocks-were-biggest-gainers"> saw strong interest </a>from investors after the 2024 presidential election was won by Donald Trump. 
The company recently reported third-quarter revenue of $544.3 million, up 32% year-over-year. The revenue total beat a Street consensus estimate of $525.1 million. Axon also reported earnings per share of $1.45, which beat a Street estimate of $1.20. 
The quarter continued a streak of consecutive quarters of beating analyst estimates, which now stands at 10 for both revenue and earnings per share. Axon also shared revenue guidance for the fourth quarter with an expected range of $560 million to $570 million, ahead of a Street estimate of $523 million. 
Analysts <a href="https://www.benzinga.com/quote/AXON/analyst-ratings">raised price targets</a> on Axon after the earnings and 2024 election. Northland maintained an Outperform rating and raised the price target from $365 to $550, Needham maintained a Buy rating and raised the price target from $525 to $600 and Baird maintained an Outperform rating and raised the price target from $460 to $600.
Axon shares were up over 11% over the last five days, as of writing. The stock is up over 140% year-to-date in 2024. The Axon <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> is below.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="488" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111044/Screenshot-241.png" alt="" class="wp-image-650644" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111044/Screenshot-241.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111044/Screenshot-241-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111044/Screenshot-241-768x375.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>): The cloud and data company is seeing increased interest ahead of third-quarter financial results. The company will report third-quarter results after market close on Nov. 20. Analysts expect the company to report earnings per share of 15 cents, down from 25 cents and revenue of $897.6 million, up from $734.2 million. 
The company has beaten analyst estimates for earnings per share in nine of the past 10 quarters and for revenue in more than 10 straight quarters. 
Snowflake's second-quarter revenue was up 29% year-over-year with product revenue up 30% year-over-year and the company's net revenue retention rate at 127% in the quarter. Snowflake reported remaining performance obligations of $5.2 billion and a total of 510 customers.
"With the combination of our platform, the network effect of collaboration and our AI innovations, we have a huge opportunity ahead to deliver even greater value to deliver even greater value to our customers," Snowflake CEO Sridhar Ramaswamy said after<a href="https://www.benzinga.com/news/earnings/24/08/40494892/snowflake-q2-earnings-revenue-beat-eps-beat-raised-guidance-additional-2-5b-buyback-great-traction-"> second-quarter results.</a>
With cybersecurity a key theme moving forward <a href="https://www.benzinga.com/24/11/41849944/financial-crime-weekly-alleged-snowflake-hacker-arrested-banned-china-chip-shipments-payday-advance-company-sued">and recent hacks,</a> Snowflake stock could continue to see interest from investors. Snowflake stock was up around 5% over the last week, but shares are down more than 30% year-to-date in 2024, as of writing.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111102/Screenshot-242.png" alt="" class="wp-image-650645" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111102/Screenshot-242.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111102/Screenshot-242-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111102/Screenshot-242-768x386.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>): The electrical and manufacturing construction and facilities services provider is <a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">back on the Stock Whisper Index</a>. 
The company recently reported third-quarter financial results with earnings per share beating analyst estimates and revenue missing estimates. Guidance from the company was similar with full-year revenue guidance of revenue set at $14.5 billion, down from a prior range of $14.5 billion to $15.0 billion and below a Street estimate of $14.7 billion. 
EMCOR expects full-year earnings per share of $20.50 to $21, up from a previous range of $19 to $20 and ahead of a Street estimate of $19.53 per share. The stock could benefit from interest rate cuts and the administration. 
Stifel <a href="https://www.benzinga.com/quote/EME/analyst-ratings">recently initiated </a>the stock with a Buy rating and $600 price target. The stock was up after the 2024 election before cooling off in the past week. Shares were down on the week, but remain up over 130% year-to-date in 2024, as of writing.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="487" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111119/Screenshot-243.png" alt="" class="wp-image-650647" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111119/Screenshot-243.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111119/Screenshot-243-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111119/Screenshot-243-768x375.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>): The space and rocket company continues to see strong interest from readers. The company reported<a href="https://www.benzinga.com/general/space/24/11/41922070/rocket-lab-q3-earnings-revenue-beat-eps-beat-continued-strong-demand-growth-multi-launch-agreement-air-force-award-and-more"> third-quarter financial results</a> recently with revenue of $104.8 million and earnings per share of a loss of 10 cents per share both beating analyst estimates. 
Rocket Lab's revenue was up 55% year-over-year in the quarter. The company has already passed a new annual launch record with 12 Electron launches so far, with more scheduled in November and December. Rocket Lab highlighted its backlog of over $1 billion and strong demand growth in the quarterly results.
"We expect to close out the year strongly with more Electron launches scheduled in November and December, alongside continued progress across Neutron and space systems, that is behind our guidance for a record $125-$135 million revenue quarter in Q4," Rocket Lab CEO Peter Beck said.
The company also announced a multi-launch agreement with an unnamed commercial satellite company and an award from the U.S. Air Force Research Laboratory worth up to $8 million.
Beck highlighted the company's backlog including over 40 spacecraft that range from missions to Mars, national security and telecommunications projects for partners during an <a href="https://www.benzinga.com/general/space/24/11/41961309/rocket-lab-ceo-touts-spacex-rival-status-trump-impact-on-space-as-stock-surges-almost-30">interview on CNBC. </a>Beck also expressed optimism about space policy under incoming President Donald Trump.
Analysts <a href="https://www.benzinga.com/quote/RKLB/analyst-ratings">raised their price targets</a> on Rocket Lab after the quarterly financial results. The stock was up 30% over the past five days and is up over 225% year-to-date in 2024, as of writing.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1001" height="485" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111135/Screenshot-244.png" alt="" class="wp-image-650648" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111135/Screenshot-244.png 1001w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111135/Screenshot-244-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111135/Screenshot-244-768x372.png 768w" sizes="(max-width: 1001px) 100vw, 1001px" /></a></figure>
The Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>): The advertising company saw strong interest from readers after reporting<a href="https://www.benzinga.com/news/earnings/24/11/41830188/the-trade-desk-stock-is-tumbling-after-the-bell-whats-going-on"> third-quarter financial results.</a> Third-quarter earnings per share of 41 cents beat a street estimate of 39 cents per share and revenue of $628.0 million beat a Street estimate of $620 million. 
The company has now beaten analyst estimates for earnings per share in nine of the past 10 quarters and beaten revenue estimates in more than 10 straight quarters. Trade Desk said its customer retention was over 95% in the quarter.
"As we enter our busiest time of year and look ahead to 2025, we have never been in a better position to capture a greater share of the $1 trillion advertising TAM," The Trade Desk CEO Jeff Green said.
Trade Desk's guidance for the fourth quarter came in ahead of Street estimates for revenue. Several analysts <a href="https://www.benzinga.com/quote/TTD/analyst-ratings">raised their price targets </a>on the stock after the quarterly results.
Trade Desk shares were down 5.11% over the past five days and the stock is up 78% year-to-date in 2024, as of writing.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111150/Screenshot-245.png" alt="" class="wp-image-650649" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111150/Screenshot-245.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111150/Screenshot-245-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/15111150/Screenshot-245-768x384.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111524&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
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<li><a href="https://www.benzinga.com/exclusives/24/10/41405659/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">October 18</a></li>
<li><a href="https://www.benzinga.com/real-estate/reit/24/10/41549488/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">October 25</a></li>
<li><a href="https://www.benzinga.com/exclusives/24/11/41693907/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">November 1</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41856335/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-42">November 8</a></li>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/66585980a3067c00012c48c0/david-roman">Goldman Sachs analyst David Roman </a>initiated coverage on HealthEquity, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) with a Neutral rating and announced a price target of $108. HealthEquity shares closed at $95.70 on Thursday. <a href="https://www.benzinga.com/quote/HQY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Alexandria Hammond initiated coverage on Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) with an Underperform rating and announced a price target of $25. Pfizer shares closed at $26.02 on Thursday. <a href="https://www.benzinga.com/quote/PFE/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/insights/analyst-ratings/24/10/41494343/analyst-expectations-for-mastecs-future">Stifel analyst Brian Brophy</a> initiated coverage on EMCOR Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) with a Buy rating and announced a price target of $600. EMCOR shares closed at $498.11 on Thursday. <a href="https://www.benzinga.com/quote/EME/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Redburn Atlantic analyst Harry Read initiated coverage on Insight Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSIT#NASDAQ">NSIT</a>) with a Buy rating and announced a price target of $220. Insight Enterprises shares closed at $152.63 on Thursday. See how other analysts view this stock.</li>
<li>Wolfe Research analyst Alexandria Hammond initiated coverage on Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) with an Outperform rating and announced a price target of $190. Johnson &amp; Johnson shares closed at $151.87 on Thursday. <a href="https://www.benzinga.com/quote/JNJ/analyst-ratings">See how other analysts view this stock.</a></li>
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Considering buying JNJ stock? Here&#8217;s what analysts think: 
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Pre-Market Outlook

Markets

NSIT

This Johnson & Johnson Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Stifel analyst Brian Brophy initiates coverage on EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) with a Buy rating and announces Price Target of $600.

Stifel Initiates Coverage On EMCOR Group with Buy Rating, Announces Price Target of $600

MTRX

MYRG

ROAD

STRL

Shares of construction and engineering companies are trading higher after Donald Trump won the 2024 presidential election.

EMCOR Group shares are trading higher after the company reported better-than-expected adjusted EPS results and issued FY24 EPS guidance above estimates.

Full Year 2024 Guidance
Based on year-to-date 2024 performance, current operating conditions, and near-term visibility, the Company is:
<ol>
<li>Adjusting its full-year 2024 revenue guidance to at least $14.5 billion, from the prior guidance range of $14.5 billion - $15.0 billion.</li>
<li>Increasing its full-year 2024 diluted earnings per share guidance range to $20.50 - $21.00, from the prior guidance range of $19.00 - $20.00.</li>
</ol>

Earnings

Guidance

EMCOR Group Revises 2024 Guidance: Sees Revenue Of At Least $14.5B (Previously $14.5B-$15B) Vs. $14.703B Est.; Increases Its EPS Guidance To $20.50-$21 (Prior $19-$20) Vs. $19.53 Est.

EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) reported quarterly earnings of $5.80 per share which beat the analyst consensus estimate of $4.98 by 16.47 percent. This is a 60.66 percent increase over earnings of $3.61 per share from the same period last year. The company reported quarterly sales of $3.697 billion which missed the analyst consensus estimate of $3.771 billion by 1.95 percent. This is a 15.24 percent increase over sales of $3.208 billion the same period last year.

Earnings Beats

Earnings Misses

EMCOR Group Q3 2024 Adj. EPS $5.80 Beats $4.98 Estimate, Sales $3.697B Miss $3.771B Estimate

EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect EMCOR Group to report an earnings per share (EPS) of $4.98.
The announcement from EMCOR Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $1.49, which was followed by a 5.03% increase in the share price the next day.
Here's a look at EMCOR Group's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>3.76</td>
<td>2.83</td>
<td>3.55</td>
<td>2.72</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>5.25</td>
<td>4.17</td>
<td>4.47</td>
<td>3.61</td>
</tr>
<tr>
<td>Price Change %</td>
<td>5.0%</td>
<td>1.0%</td>
<td>3.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730300512_0.png" alt="eps graph" />
<a href="https://www.benzinga.com/quote/EME/earnings">To track all earnings releases for EMCOR Group visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

An Overview of EMCOR Group's Earnings

EMCOR Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) short percent of float has fallen 6.76% since its last report. The company recently reported that it has 693 thousand shares sold short, which is 1.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.73 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>EMCOR Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729877425_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EMCOR Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing EMCOR Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, EMCOR Group's peer group average for short interest as a percentage of float is 5.27%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) has outperformed the market over the past 10 years by 15.49% on an annualized basis producing an average annual return of 26.78%. Currently, EMCOR Group has a market capitalization of $20.80 billion. 
Buying $1000 In EME: If an investor had bought $1000 of EME stock 10 years ago, it would be worth $10,679.80 today based on a price of $445.81 for EME at the time of writing.
<h3>EMCOR Group's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729713616_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning EMCOR Group Stock In The Last 10 Years

EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) has outperformed the market over the past 15 years by 9.58% on an annualized basis producing an average annual return of 21.41%. Currently, EMCOR Group has a market capitalization of $21.02 billion. 
Buying $100 In EME: If an investor had bought $100 of EME stock 15 years ago, it would be worth $1,771.92 today based on a price of $450.45 for EME at the time of writing.
<h3>EMCOR Group's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728936013_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 15 Years Ago Would Be Worth $1,800 Today

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Here's a look at the Benzinga Stock Whisper Index for the week of Sept. 27:
Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>): A chipmaker specializing in power management systems saw shares trade higher on the week and interest increase after a <a href="https://www.benzinga.com/quote/MPWR/analyst-ratings">raised price target </a>from Stifel. 
The analyst maintained a Buy rating and raised the price target from $1,000 to $1,100. 
Monolithic <a href="https://www.monolithicpower.com/media/investor-relations/press-releases/Q2_2024_Earnings_Release.pdf">reported </a>second-quarter financial results in August. In the second quarter, revenue was up 15.0% year-over-year to $507.4 million. CEO Michael Hsing highlighted that the results showed the company's transformation from being just a chip supplier "to a full solutions provider."
Monolithic shares were up 3.3% over the last five trading days, as seen on the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1">Benzinga Pro chart </a>below, and are up 53.5% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120223/Screenshot-190.png" alt="" class="wp-image-570182" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120223/Screenshot-190.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120223/Screenshot-190-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120223/Screenshot-190-768x388.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>): The electrical and manufacturing construction and facilities services provider gained interest from readers over the week, which could be related to upcoming earnings or the recent Fed rate cut. 
The company is set to report third-quarter financial results in October. Analysts expect the company to report revenue of $3.77 billion and earnings per share of $4.98, up from $3.21 billion and $3.61, respectively, in last year's third quarter. 
EMCOR Group has beaten analyst revenue estimates in 16 straight quarters and earnings per share estimates in nine straight quarters. The recent interest rate cut could prove beneficial to the company as this could lead to increased spending by the private sector.
EMCOR shares were down 2% over the last five trading days, but remain up over 50% year-to-date.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120241/Screenshot-191.png" alt="" class="wp-image-570183" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120241/Screenshot-191.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120241/Screenshot-191-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120241/Screenshot-191-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Read Also:&nbsp;<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40691773/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-august-2024-where-do-tesla-n" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In August 2024 – Where Do Tesla, Nvidia, Apple, AMD Stock Rank?</a>
PDD Holdings Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>): The Chinese commerce company was one of several to enjoy a boost with the country announcing<a href="https://www.benzinga.com/government/24/09/40936014/whats-going-on-with-chinese-tech-stocks-like-alibaba-pdd-on-thursday"> a monetary stimulus</a> to residents. 
Of the Chinese stocks, PDD Holdings saw the largest increase in interest from Benzinga readers over the last week. 
The owner of several commerce platforms in China and Temu in the U.S. could benefit from the stimulus and increased spending in China as it also looks to grow in other international markets.
PDD Holdings shares are up 35% over the last five days, but remain down on a year-to-date basis.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="991" height="497" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120257/Screenshot-192.png" alt="" class="wp-image-570184" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120257/Screenshot-192.png 991w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120257/Screenshot-192-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120257/Screenshot-192-768x385.png 768w" sizes="(max-width: 991px) 100vw, 991px" /></a></figure>
Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>): Vistra was one of several energy related companies to see a lift in share price and interest<a href="https://www.benzinga.com/news/24/09/41032700/whats-going-on-with-vistra-stock"> related to a large deal </a>between Constellation Energy and Microsoft. The energy sector, especially companies with exposure to nuclear energy, are seeing rising interest thanks to the growing demand for data centers and AI infrastructure. Vistra has been getting increased attention from analysts in September.
Jefferies <a href="https://www.benzinga.com/quote/VST/analyst-ratings">initiated coverage</a> of the stock with a Buy rating and $99 price target, only to raise its price target to $137 several weeks later. BMO maintained an Outperform rating and raised the price target from $120 to $125. Morgan Stanley maintained an Overweight rating and raised the price target from $110 to $132.
Vistra stock was up 8% over the last week. With a year-to-date gain of over 209%, Vistra is one of the best-performing stocks in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120317/Screenshot-193.png" alt="" class="wp-image-570185" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120317/Screenshot-193.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120317/Screenshot-193-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120317/Screenshot-193-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>): The aerospace giant saw increased interest from readers during the week as shares trade near 52-week highs. The company <a href="https://www.benzinga.com/markets/equities/24/09/40986267/ge-aerospace-takes-flight-with-ai-wingmate-boosts-innovation-employee-productivity-with-microsof">announced the launch </a>of AI Wingmate in collaboration with Microsoft during the week, an initiative that could boost employee productivity.
"The launch of AI Wingmate will transform employee productivity, allowing our people to spend more time solving our customers' toughest problems," GE Aerospace Chief Information Officer David Burns said.
GE Aerospace <a href="https://www.benzinga.com/top-stories/24/08/40531771/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">previously appeared</a> on the Stock Whisper Index thanks to <a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40515453/exclusive-trump-or-harris-12-stocks-2-etfs-could-win-no-matter-whos-president-says-market-strate">increased interest in the defense sector</a> ahead of the 2024 presidential election. Freedom Capital Markets Chief Global Strategist Jay Woods previously told Benzinga the defense stock could be a winner whether its Donald Trump or Vice President Kamala Harris that wins the election.
The aerospace company is set to report third-quarter financial results in October. The company has beaten revenue estimates from analysts in 10 straight quarters and beaten earnings per share estimates from analysts in seven straight quarters.
GE Aerospace shares are up over 80% year-to-date in 2024, with the chart below showing the dip on the week.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120335/Screenshot-194.png" alt="" class="wp-image-570187" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120335/Screenshot-194.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120335/Screenshot-194-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27120335/Screenshot-194-768x387.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/exclusives/24/08/40653930/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">August 30</a></li>
<li><a href="https://www.benzinga.com/general/biotech/24/09/40752686/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 6</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/09/40855829/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 13</a></li>
<li><a href="https://www.benzinga.com/exclusives/24/09/40962321/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">September 20</a></li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40928301/interest-rates-in-free-fall-what-it-means-for-mortgages-credit-cards-and-your-wallet-a">Interest Rates In Free-Fall: What It Means For Mortgages, Credit Cards And Your Wallet As The Federal Reserve Springs Into Action For First Time In 4 Years</a></li>
</ul>

Tech

MPWR

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Emcor Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>) ended the recent trading session at $433.56, demonstrating a -0.36% swing from the preceding day&#39;s closing price. The stock&#39;s performance was behind the S&amp;P 500&#39;s daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.
Coming into today, shares of the construction and maintenance company had gained 15.23% in the past month. In that same time, the Construction sector gained 3.49%, while the S&amp;P 500 gained 1.65%.
The investment community will be paying close attention to the earnings performance of Emcor Group in its upcoming release. The company is forecasted to report an EPS of $4.99, showcasing a 38.23% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $3.68 billion, up 14.86% from the year-ago period.
It is also important to note the recent changes to analyst estimates for Emcor Group. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company&#39;s business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we&#39;ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Emcor Group boasts a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Emcor Group is presently being traded at a Forward P/E ratio of 22.31. Its industry sports an average Forward P/E of 21.54, so one might conclude that Emcor Group is trading at a premium comparatively.
The Building Products - Heavy Construction industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 12, placing it within the top 5% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
<a href="https://www.zacks.com/stock/news/2340852/emcor-group-eme-stock-sinks-as-market-gains-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_6v1-2340852">To read this article on Zacks.com click here.</a>

Large Cap

Emcor Group Stock Sinks As Market Gains: Here's Why

EMCOR Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) short percent of float has fallen 7.69% since its last report. The company recently reported that it has 950 thousand shares sold short, which is 2.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>EMCOR Group Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727363713_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for EMCOR Group has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing EMCOR Group's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, EMCOR Group's peer group average for short interest as a percentage of float is 5.49%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(EME) - Analyzing EMCOR Group's Short Interest

EMCOR Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EME#NYSE">EME</a>) has outperformed the market over the past 10 years by 15.82% on an annualized basis producing an average annual return of 27.06%. Currently, EMCOR Group has a market capitalization of $20.23 billion. 
Buying $1000 In EME: If an investor had bought $1000 of EME stock 10 years ago, it would be worth $10,745.39 today based on a price of $433.56 for EME at the time of writing.
<h3>EMCOR Group's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727272823_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EMCOR Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>) shares reached a new 52-week high of $437.10 on Friday. The stock pulled back to end the trading session at $435.60, gaining 1.3% that day. Impressively, the stock marked a 9.9% surge in the past five days.
The move came in after the most awaited interest rate cut news, which boosted the overall market sentiments. On Wednesday, the Federal Reserve announced an interest rate cut by 50 cents to a range of 4.75% to 5%. Reduced interest rates can have a highly supportive effect on infrastructure stocks, benefiting from cheaper financing, increased government and private sector investment, higher appeal for dividend-seeking investors, and potential growth in related sectors like real estate.
In the year-to-date period (YTD), the stock surged more than 104%, handily outpacing the Zacks Building Products - Heavy Construction industry&#39;s 79.9% growth, the broader Construction sector&#39;s 22.6% rise and the S&amp;P 500&#39;s 19.6% increase. Investors looking for momentum stock may dig into EME right now.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/b5/78846.jpg?v=176645747" />
Image Source: Zacks Investment Research
EMCOR, known for its strategic focus and diverse offerings, has seen significant growth in recent years amid a competitive landscape of non-residential services.
Substantiating the above-mentioned optimism, the 50-day SMA continues to read higher than the 200-day SMA, signaling a bullish trend. This technical strength underscores positive market sentiment and confidence in EMCOR&#39;s financial health and prospects.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/24/78848.jpg?v=784714474" />
Image Source: Zacks Investment Research
Other stocks from the same industry that touched a 52-week high on Sept. 20 are Dycom Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dy#NYSE">DY</a>), MasTec, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtz#NYSE">MTZ</a>) and Great Lakes Dredge &amp; Dock (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>). These stocks surged 72.2%, 67.1% and 40.7%, respectively, in YTD.
Let&#39;s delve deeper into the factors substantiating this Fortune 500 company&#39;s resilience, which currently captures around $17 billion of total market share.
<h2>Solid Diversified Business</h2>
EMCOR has established itself as a leader in mechanical and electrical construction, industrial infrastructure, and building services. Its focus on these specialized sectors has positioned the company to dominate markets requiring expert solutions.
A key strength of EME is its investment in Virtual Design and Construction&nbsp;technologies, including Building Information Modeling (BIM), which helps the company design and coordinate complex projects. This technology also enhances its prefabrication processes, enabling customized fabrication for electrical, sheet metal, fire sprinkler, and piping systems, thus improving efficiency and competitiveness.
With the growing emphasis on energy efficiency and sustainability, EMCOR is well-positioned to benefit from the increased demand for HVAC and lighting retrofits, as well as building automation services. The Mechanical Services division, which generates nearly 65% of EMCOR&#39;s total revenues, plays a crucial role in meeting this demand and driving the company&#39;s success.
The company also expands in high-growth sectors and geographies via acquisitions. In the first half of 2024, EMCOR acquired four companies. The acquired companies are set to strengthen their Mechanical Construction, Building Services and Industrial Services segments, positioning them well for future growth.
<h2>EME&#39;s High RPO Levels May Boost Growth</h2>
EMCOR reported remaining performance obligations (RPOs) of $9 billion at end of second-quarter 2024, reflecting an 8.6% year-over-year increase. This near-record RPO level highlights a robust pipeline of future projects, particularly in sectors like data centers, high-tech manufacturing, healthcare, and water/wastewater.
RPOs in the network and communications sector, which includes data centers, reached a record $1.7 billion, marking 40% year-over-year growth. This surge emphasizes EMCOR&#39;s strong position in the expanding data center market, indicating significant future revenue potential.
<h2>Strong Cash Flow</h2>
The company generated $412 million in operating cash flow in the first six months of 2024, almost double the amount from the prior-year period. This strong cash flow supports the company&#39;s ability to fund growth initiatives, pursue acquisitions, and return capital to shareholders.
EMCOR invests in expanding prefabrication and VDC technologies, including BIM, automation, and robotics, while also engaging in various M&amp;A activities. Additionally, the company provides impressive returns to its stockholders through share repurchases and dividends. In 2024, EMCOR increased its quarterly dividend by 39% to 25 cents.
<h2>Obstacles Hindering EME&#39;s Growth Trajectory</h2>
EMCOR has faced difficulties in the commercial real estate market due to reduced demand and the completion of several projects. The U.S. and U.K. site-based services businesses, particularly in the U.S. Building Services segment, have experienced revenue setbacks, mainly due to the non-renewal of certain contracts in the last reported quarter.
In addition to sector-specific challenges, EMCOR is exposed to risks from fluctuating global energy markets and supply-chain disruptions. These factors could limit infrastructure investments and increase project costs, creating obstacles to the company&#39;s growth prospects.
<h2>Valuation, Return &amp; Growth Trend</h2>
EMCOR&#39;s shares are currently overvalued marginally. Its forward 12-month price-to-earnings (P/E) ratio of 22.27 is above its five-year median of 16.23 and the industry&#39;s average of 21.66 currently.
EME provides solid investment returns compared to the industry&#39;s average, as reflected by its current trailing 12-month Return on Equity of 32.7%. This indicates the company efficiently uses its shareholders&#39; funds.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/2b/78847.jpg?v=1312124596" />
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for EME&#39;s earnings has moved up in the past 60 days, indicating analysts are showing confidence in the stock. Over the last 60 days, forecasts for 2024 and 2025 have increased to $19.50 (from $16.10) and $19.59 (from $17.41), respectively.
<h2>Final Thoughts</h2>
EMCOR&#39;s focus on advanced technologies and sustainability, robust capital allocation strategy, and strong financial performance make it a must-buy for investors looking for good long-term gain. Also, Fed&#39;s rate cut is likely to bolster the infrastructure market by lowering borrowing costs, enhancing project viability, encouraging investment, and stimulating economic growth.
However, some industry headwinds and a high valuation depict a risk to the sustainability of its current price if the company&#39;s future performance does not meet investors&#39; expectations.
We believe its impressive business structure, as well as economic rebound, will help the company generate higher earnings in coming quarters. Additionally, solid return and future earnings expectations reinforce its Zacks Rank #1 (Strong Buy) rating, making EMCOR an attractive addition to investors&#39; portfolio at present.
<a href="https://www.zacks.com/stock/news/2340075/emcor-hits-52-week-high-is-the-stock-still-worth-buying?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2340075">To read this article on Zacks.com click here.</a>

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