Maxim (NASDAQ:MXIM) Group analyst Tate Sullivan maintained a Hold rating on Emcor Group (NYSE:EME) Inc on Tuesday, setting a price target of 60, which is approximately 15.65% below the present share price of $71.13.
Sullivan expects Emcor Group Inc to post earnings per share (EPS) of $1.35 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Emcor Group, with an average price target of $70.
The analysts price targets range from a high of $80 to a low of $60.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.3 billion and a net profit of $106.06 million. The company's market cap is $3.99 billion.
According to TipRanks.com, Maxim Group analyst Tate Sullivan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.6% and a 40.85% success rate.
EMCOR Group, Inc. engages in the provision of electrical and mechanical construction and facilities services. It operates through the following segments: Unites States Electrical Construction and Facilities Services; United States Mechanical Construction and Facilities Services; United States Building Services; United States Industrial Services; and United Kingdom Building Services. The Unites States Electrical Construction and Facilities Services segment offers systems for electrical power transmission and distribution. The United States Mechanical Construction and Facilities Services segment involves systems for heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation. The United States Building Services segment consists of those operations which provide a portfolio of services needed to support the operation and maintenance of customers' facilities. The United States Industrial Services segment covers operations which provide industrial maintenance and services. The United Kingdom Building Services comprises of commercial and government site-based operations and maintenance; and facility maintenance and services. The company was founded in 1987 and is headquartered in Norwalk, CT.