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EMEEMCOR Group, Inc.Hold5.9·$834.77-0.89%
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EMCOR Group, Inc. (EME) Stock Analysis

Range Bound setup

HoldModerate Confidence

Industrials · Engineering & Construction

Hold if already holding. Not a fresh buy at $834.77, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: United States (97.0%); Concentration risk — Product: construction operations (72.0%).

EMCOR Group provides electrical and mechanical construction, building services, and industrial services across the United States through approximately 100 operating subsidiaries, generating $16.99 billion in 2025 revenues with 72% from construction, 21% from building services,... Read more

$834.77+4.2% A.UpsideScore 5.9/10#10 of 30 Engineering & Construction
QualityF-score6 / 9FCF yield2.38%
IncomeYield0.15%(5y avg 0.30%)Payout3.86%sustainable
Stop $776.34Target $870.12(analyst − 13%)A.R:R 0.6:1
Analyst target$1000.14+19.8%7 analysts
$870.12our TP
$834.77price
$1000.14mean
$1123

Hold if already holding. Not a fresh buy at $834.77, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: United States (97.0%); Concentration risk — Product: construction operations (72.0%). Chart setup: RSI 45 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 5.9/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.40, earnings proximity 43d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About EMCOR Group, Inc.

About EMCOR Group, Inc.

EMCOR Group generated $16.99 billion in revenue in 2025, with electrical and mechanical construction accounting for 72% of total revenues, building services 21%, and industrial services 7%; the company employs approximately 44,000 people across roughly 100 U.S. operating subsidiaries. EMCOR sold its United Kingdom operations on December 1, 2025, making the U.S. business essentially the entire enterprise, and has logged 17 consecutive years with a Total Recordable Incident Rate below half the Bureau of Labor Statistics industry average for Building Equipment Contractors.

EMCOR earns construction revenue from large installation projects — typically $10 million to over $200 million, representing approximately 58% of electrical and mechanical construction revenues — and from smaller projects under $10 million (the remaining 42%). Major project categories include data centers, semiconductor and biotech manufacturing facilities, hospitals, warehousing, and transportation infrastructure. The company competes against APi Group Corporation, Comfort Systems USA, Quanta Services, and Tutor Perini in construction; against APi Group and Service Logic in mechanical building services; and against JVIC, Universal Plant Services, and Turner Industries in industrial services. Raw material exposure includes copper and steel, and an approximately 14,400-vehicle fleet creates direct fuel cost exposure. The majority of construction work is competitively bid, and fixed-price and guaranteed-maximum-price contracts create execution risk if labor productivity or material costs deviate from original estimates — a dynamic EMCOR has experienced and may continue to face given inflationary pressures and supply chain tightness.

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EMCOR's 62% unionized workforce, covered by roughly 450 separate collective bargaining agreements, creates distributed labor cost exposure: while the company characterizes its union relations as generally positive, contract renewals introduce periodic wage escalation and potential work stoppages. The government site-based services division holds contracts with multiple federal agencies — including the National Archives, the FDIC, the Government Accountability Office, and several cabinet departments — subject to termination for convenience by the government at any time, a structural risk across a portion of the building services segment's revenue base.

See also: Industrials · Engineering & Construction

From EMCOR Group, Inc.'s most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 30, 202643d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Strong growth profile
Wide economic moat
Risks
Concentration risk — Geographic: United States (97.0%)
Concentration risk — Product: construction operations (72.0%)
Thin upside margin: 4.2%

Key Metrics

P/E (TTM)28.3
P/E (Fwd)25.8
Mkt Cap$37.5B
EV/EBITDA20.0
Profit Mgn7.5%
ROE39.2%
Rev Growth19.7%
Beta1.12
Dividend0.15%
Rating analysts14

Quality Signals

Piotroski F6/9MoatWideCompounder

Options Flow

P/C1.30bearish
IV52%elevated
Max Pain$470-43.7% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicUnited States97%
    10-K Item 1: 'approximately 97% were generated in the United States and approximately 3% were generated in the United Kingdom'
  • HIGHProductconstruction operations72%
    10-K Item 1: 'Our United States electrical and mechanical construction operations accounted for approximately 72% of our 2025 total revenues'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R 0.6 < 1.5@spotMomentum 4.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.5>=4.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.40EARNINGS PROXIMITY 43d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
45 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $775.88Resistance $879.37

Price Targets

$776
$870
A.Upside+4.2%
A.R:R0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 0.6 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-30 (43d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is EME stock a buy right now?

Hold if already holding. Not a fresh buy at $834.77, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: United States (97.0%); Concentration risk — Product: construction operations (72.0%). Chart setup: RSI 45 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $870.12 (+4.2%), stop $776.34 (−7.5%), A.R:R 0.6:1. Score 5.9/10, moderate confidence.

What is the EME stock price target?

Take-profit target: $870.12 (+4.2% upside). Target $870.12 (+4.2%), stop $776.34 (−7.5%), A.R:R 0.6:1. Stop-loss: $776.34.

What are the risks of investing in EME?

Concentration risk — Geographic: United States (97.0%); Concentration risk — Product: construction operations (72.0%); Thin upside margin: 4.2%.

Is EME overvalued or undervalued?

EMCOR Group, Inc. trades at a P/E of 28.3 (forward 25.8). TrendMatrix value score: 5.8/10. Verdict: Hold.

What do analysts say about EME?

14 analysts cover EME with a consensus score of 4.1/5. Average price target: $1000.

What does EMCOR Group, Inc. do?EMCOR Group provides electrical and mechanical construction, building services, and industrial services across the...

EMCOR Group provides electrical and mechanical construction, building services, and industrial services across the United States through approximately 100 operating subsidiaries, generating $16.99 billion in 2025 revenues with 72% from construction, 21% from building services, and 7% from industrial services. The company employs approximately 44,000 people, 62% of whom are represented by roughly 450 collective bargaining agreements.

Related stocks: AGX (Argan, Inc.) · DY (Dycom Industries, Inc.) · GVA (Granite Construction Incorporat) · ROAD (Construction Partners, Inc.) · ECG (Everus Construction Group, Inc.)
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