- Impressive Earnings: EMCOR Group's Q1 EPS of $5.41 exceeded expectations by $0.78.
- Revenue Growth: Achieved $3.87 billion in revenue, a 12.8% year-over-year increase.
- Analyst Insights: Average price target suggests 17.82% upside potential.
EMCOR Group Inc. (EME, Financial) delivered a stellar performance in the first quarter, reporting a non-GAAP EPS of $5.41, significantly beating analyst estimates by $0.78. The company's revenue reached $3.87 billion, marking a substantial 12.8% increase compared to the previous year, surpassing forecasts by $90 million. Further highlighting its growth trajectory, EMCOR reported a record $11.75 billion in remaining performance obligations, reflecting a 28.1% increase year-over-year. The company also reaffirmed its 2025 revenue guidance, cementing its positive outlook.
Wall Street Analysts' Forecast
EMCOR Group Inc (EME, Financial) is attracting significant attention on Wall Street. According to the one-year price targets offered by five analysts, the average target price is set at $486.60, with expectations ranging from a high of $525.00 to a low of $379.00. This average target indicates a potential upside of 17.82% from the current stock price of $413.02. Investors can view more detailed estimate data on the EMCOR Group Inc (EME) Forecast page.
The consensus recommendation from six brokerage firms currently rates EMCOR Group Inc (EME, Financial) at an average of 2.0, classifying it as "Outperform." This rating signifies a positive outlook, with the scale ranging from 1, representing a Strong Buy, to 5, indicating a Sell.
GuruFocus Valuation Insights
Based on GuruFocus estimates, the estimated GF Value for EMCOR Group Inc (EME, Financial) in one year is projected at $304.59. This suggests a potential downside of 26.25% from the current price of $413.02. The GF Value is GuruFocus' fair value estimate, derived from the historical multiples at which the stock has traded, past business growth, and future performance estimates. For more comprehensive data, visit the EMCOR Group Inc (EME) Summary page.
