Emcor Group (EME) closed the most recent trading day at $402.69, moving +1.58% from the previous trading session.
In the latest trading session, Emcor Group (EME) closed at $371.26, marking a +1.97% move from the previous day.
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The U.S. economy added 142, 000 jobs in August 2024, more than a downwardly revised 89, 000 in July but below forecasts of 160, 000.
Emcor Group (EME) reachead $356.46 at the closing of the latest trading day, reflecting a -0.61% change compared to its last close.
Here is how Emcor Group (EME) and Grafton Group PLC (GROUF) have performed compared to their sector so far this year.
EMCOR Group, Inc. expects earnings to increase by up to 50% this year, driven by internal growth, improved productivity, and favorable trends. The company has a one-year price target of $490.21, reflecting a 27.27% increase, and is rated a Strong Buy. Despite potential risks like economic downturns and commodity price increases, EMCOR's strong financial position and strategic management support continued growth and shareholder value.
EMCOR Group, Inc. EME has seen its shares rise steadily, rallying 76.8% year to date (YTD), outperforming the Zacks Building Products - Heavy Construction industry's 59.4% growth. The broader Construction sector rose 18.5% and the S&P 500 grew 17.8% in the same time frame.
EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock have been highlighted in this Industry Outlook article.
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
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