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Strength seen in EMCOR Group (EME): Stock Moves Up 6.2%

Zacks Equity Research

EMCOR Group Inc. EME was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven after the company announced better-than-expected third-quarter 2016 results. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This reverses the recent trend for the company, as the stock is now down 0.84% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So,make sure to keep an eye on this stock going forward to see if this recent move higher can last. 

EMCOR Group has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is MasTec, Inc. MTZsporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is EMR going up? Or down? Predict to see what others think: Up or Down

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EMCOR GROUP INC (EME): Free Stock Analysis Report
 
MASTEC INC (MTZ): Free Stock Analysis Report
 
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