We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is EMCOR Group (EME) Stock Outpacing Its Construction Peers This Year?
Read MoreHide Full Article
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Emcor Group (EME - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Emcor Group is one of 92 companies in the Construction group. The Construction group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Emcor Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for EME's full-year earnings has moved 0.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that EME has returned about 71.2% since the start of the calendar year. Meanwhile, stocks in the Construction group have gained about 6.1% on average. This shows that Emcor Group is outperforming its peers so far this year.
Another stock in the Construction sector, Comfort Systems (FIX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 138.3%.
For Comfort Systems, the consensus EPS estimate for the current year has increased 20.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Emcor Group belongs to the Building Products - Heavy Construction industry, a group that includes 9 individual companies and currently sits at #95 in the Zacks Industry Rank. This group has gained an average of 57.8% so far this year, so EME is performing better in this area.
Comfort Systems, however, belongs to the Building Products - Air Conditioner and Heating industry. Currently, this 7-stock industry is ranked #209. The industry has moved +5.6% so far this year.
Investors with an interest in Construction stocks should continue to track Emcor Group and Comfort Systems. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is EMCOR Group (EME) Stock Outpacing Its Construction Peers This Year?
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Emcor Group (EME - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Emcor Group is one of 92 companies in the Construction group. The Construction group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Emcor Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for EME's full-year earnings has moved 0.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that EME has returned about 71.2% since the start of the calendar year. Meanwhile, stocks in the Construction group have gained about 6.1% on average. This shows that Emcor Group is outperforming its peers so far this year.
Another stock in the Construction sector, Comfort Systems (FIX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 138.3%.
For Comfort Systems, the consensus EPS estimate for the current year has increased 20.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Emcor Group belongs to the Building Products - Heavy Construction industry, a group that includes 9 individual companies and currently sits at #95 in the Zacks Industry Rank. This group has gained an average of 57.8% so far this year, so EME is performing better in this area.
Comfort Systems, however, belongs to the Building Products - Air Conditioner and Heating industry. Currently, this 7-stock industry is ranked #209. The industry has moved +5.6% so far this year.
Investors with an interest in Construction stocks should continue to track Emcor Group and Comfort Systems. These stocks will be looking to continue their solid performance.