News stories about Emcor (NYSE:EME) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Emcor earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.1512962588636 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Emcor (EME) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- BRIEF-Emcor Group Says CEO Anthony Guzzi’s 2017 Total Compensation Was $9.7 Mln Vs $8.6 Mln In 2016 (reuters.com)
- Top Ranked Growth Stocks to Buy for April 18th (zacks.com)
- Emcor (EME) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
- EMCOR Group: This Construction Stock Is An Excellent Value Pick (seekingalpha.com)
Shares of Emcor stock opened at $80.60 on Friday. The stock has a market cap of $4,748.67, a price-to-earnings ratio of 20.09, a PEG ratio of 1.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 1.38. Emcor has a 12-month low of $61.94 and a 12-month high of $85.08.
Emcor (NYSE:EME) last announced its quarterly earnings data on Thursday, February 22nd. The construction company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.27. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.94 billion. Emcor had a net margin of 2.96% and a return on equity of 15.10%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. analysts predict that Emcor will post 4.48 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, April 16th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, April 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.40%. Emcor’s dividend payout ratio (DPR) is currently 7.88%.
Several brokerages have recently weighed in on EME. Zacks Investment Research raised shares of Emcor from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Monday, February 26th. DA Davidson restated a “neutral” rating on shares of Emcor in a research note on Friday, February 23rd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $87.00 price target on shares of Emcor in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $86.00.
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Emcor Company Profile
EMCOR Group, Inc provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; and central plant heating and cooling systems, as well as offers cranes and rigging, millwrighting, and steel fabrication, erection, and welding services.
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