Emcor Group Inc (NYSE: EME) Soon To Announce $2.12 B Quarterly Sales, Anticipate the Brokerages, Says Zack

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NYSE: EME
NYSE: EME

The highest sales estimates of the Emcor Group Inc (NYSE: EME) is from $2.14 B to $2.10 B. 7.4% per year negative growth is also recorded by the analysts of the stock market. By the 29th of October, Thursday it is expected that the company will issue the next results of the earnings before the reopening of the markets. 

With estimates from $8.68 till $8.71 B the Emcor Group Inc (NYSE: EME) is likely to report $8.69 complete years of sales. For the coming fiscal year, analysts are predicting that the company will bring forth sales of $8.87 within a range of $8.73 to $9.01 B.

The mean average is calculated by Zack Investment Research, which works on the progress of NYSE: EME.

NYSE: EME Earning Data

0n 3rd August Monday Emcor Group declared their data of quarterly earnings. The Zack consensus estimate was brought down by $0.92 to $0.52. The margin of the NYSE: EME is 1.78% and the equity of return is 16.17%. Compared to last year’s same quarter the revenue has come down to 13.3%.

Comparing different aspects of the stock market, ValuEngine has slashed the shares of Emcor Group Inc reports on hold rating and sale rating on the 4th of August, Tuesday. However on the 29th of July, Wednesday the shares of the construction group were upgraded from the neutral to the buy rating. With a consensus price target of around $66.33, the group is maintaining an average rating of hold in the stock markets of the US.

Emcor Group Inc Details

The NYSE: EME started at $70.67 on Friday. The 52 weeks low and 52 weeks high of the company are $41.85 and $93.54 respectively. Also, the fifty days moving average and two hundred days moving average of this particular company is $69.90 and $66.58 respectively. The current ratio, quick ratio, and debt to equity ratio of the company are 1.48, 1.46, and 0.15 respectively. The market cap of the company is $3,88 B whereas it also has a detailed PE ratio of 25.06 and a beta of 1.07’

On the 11th of August Tuesday, the CEO of the company Anthony Guzzi sold off the stocks of the company in the amount of 10,000 with the total price of $770,100.00. Securities and Exchange Commission presented the legal filing of this particular sale, among which the corporate insiders claimed the possession of 1.90% stocks of the entire company.

The holdings of several stocks were modified by several important investors. Different companies raised their stakes in the NYSE: EME for a large amount over the years. Recently several large investors have possession of quite a few numbers of shares of the company.