With 0.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.33 million shares. During the session, the Engineering & Construction company that operates in wider Industrials sector, reached to the highest price of $509.46 whereas the lowest price it dropped to was $501.601. The 52-week range on EME shows that it touched its highest point at $504.53 and its lowest point at $206.37 during that stretch. It currently has a 1-year price target of $520.00. With its current market cap of 23.20 billion, EME has annualized dividend of $0.93 while the current yield stands at 0.18%. Beta for the stock currently stands at 1.09.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EME was up-trending over the past week, with a rise of 13.07%, but this was up by 12.85% over a month. Three-month performance surged to 41.76% while six-month performance rose 31.93%. The stock gained 141.79% in the past year, while it has gained 134.11% so far this year. A look at the trailing 12-month EPS for EME yields 19.69 with Next year EPS estimates of 22.32. For the next quarter, that number is 5.53. This implies an EPS growth rate of 55.47% for this year and 7.60% for next year. EPS is expected to grow by 1.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.36%.
Float and Shares Shorts:
At present, 47.05 million EME shares are outstanding with a float of 45.31 million shares on hand for trading. On 2024-10-15, short shares totaled 0.69 million, which was 150.999995 higher than short shares on 1726185600. In addition to Mr. Anthony J. Guzzi as the firm’s Chairman, President & CEO, Ms. Maxine Lum Mauricio Esq. serves as its Chief Administrative Officer, Executive VP, General Counsel & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.98091006 of EME’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EME reported revenue of $3696924000.0 and operating income of $363538000.0. The EBITDA in the recently reported quarter was $398076000.0 and diluted EPS was $5.8.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With EME analysts setting a high price target of 525.0 and a low target of 515.0, the average target price over the next 12 months is 520.0. Based on these targets, EME could surge 4.09% to reach the target high and rise by 2.11% to reach the target low. Reaching the average price target will result in a growth of 3.1% from current levels.
Analysts have provided yearly estimates in a range of $20.81602 being high and $20.68759 being low. For EME, this leads to a yearly average estimate of $20.74.
