What Does EMCOR Group, Inc.'s (NYSE:EME) Share Price Indicate?
Nov 14
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U.S. Construction Industry Analysis
UpdatedNov 15, 2024
DataAggregated Company Financials
Companies53
- 7D-2.1%
- 3M23.0%
- 1Y75.2%
- YTD54.8%
Over the last 7 days, the Construction industry has remained flat, although notably Fluor declined by 14%. As for the the longer term, the industry is up 76% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the U.S. Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 15 Nov 2024 | US$196.9b | US$145.5b | US$3.7b | 33.5x | 52.6x | 1.4x |
| Sun, 13 Oct 2024 | US$184.6b | US$144.7b | US$4.0b | 34.6x | 46.4x | 1.3x |
| Tue, 10 Sep 2024 | US$153.9b | US$144.8b | US$4.0b | 27.3x | 38.6x | 1.1x |
| Thu, 08 Aug 2024 | US$153.0b | US$145.1b | US$4.1b | 24.7x | 37.7x | 1.1x |
| Sat, 06 Jul 2024 | US$155.8b | US$141.8b | US$3.4b | 24.5x | 45.3x | 1.1x |
| Mon, 03 Jun 2024 | US$164.0b | US$141.8b | US$3.4b | 25.3x | 47.7x | 1.2x |
| Wed, 01 May 2024 | US$151.2b | US$140.4b | US$3.5b | 24.7x | 43.2x | 1.1x |
| Fri, 29 Mar 2024 | US$153.4b | US$136.2b | US$3.5b | 25.8x | 44.3x | 1.1x |
| Sun, 25 Feb 2024 | US$134.9b | US$134.8b | US$3.6b | 25.8x | 37.5x | 1x |
| Tue, 23 Jan 2024 | US$122.3b | US$135.2b | US$3.6b | 23.6x | 34.2x | 0.9x |
| Thu, 21 Dec 2023 | US$127.6b | US$135.1b | US$3.6b | 24.9x | 35.7x | 0.9x |
| Sat, 18 Nov 2023 | US$112.1b | US$134.9b | US$3.5b | 22.3x | 32x | 0.8x |
| Mon, 16 Oct 2023 | US$108.4b | US$130.5b | US$3.4b | 19.8x | 32.3x | 0.8x |
| Wed, 13 Sep 2023 | US$120.2b | US$130.5b | US$3.4b | 21.4x | 35.9x | 0.9x |
| Fri, 11 Aug 2023 | US$121.1b | US$130.8b | US$3.3b | 21.4x | 36.7x | 0.9x |
| Sun, 09 Jul 2023 | US$117.7b | US$126.6b | US$3.2b | 19.8x | 36.4x | 0.9x |
| Tue, 06 Jun 2023 | US$110.9b | US$126.6b | US$3.2b | 18.9x | 34.3x | 0.9x |
| Thu, 04 May 2023 | US$106.7b | US$123.4b | US$3.3b | 23.4x | 32.6x | 0.9x |
| Sat, 01 Apr 2023 | US$109.6b | US$122.8b | US$3.2b | 25.2x | 33.9x | 0.9x |
| Mon, 27 Feb 2023 | US$111.4b | US$121.9b | US$3.1b | 22.2x | 35.7x | 0.9x |
| Wed, 25 Jan 2023 | US$106.8b | US$115.2b | US$2.8b | 24x | 37.5x | 0.9x |
| Fri, 23 Dec 2022 | US$103.7b | US$115.9b | US$2.9b | 22.9x | 35.7x | 0.9x |
| Sun, 20 Nov 2022 | US$107.1b | US$115.5b | US$2.9b | 24.6x | 37.2x | 0.9x |
| Tue, 18 Oct 2022 | US$90.2b | US$111.5b | US$2.8b | 25.9x | 32.5x | 0.8x |
| Thu, 15 Sep 2022 | US$97.2b | US$111.4b | US$2.8b | 27x | 35.3x | 0.9x |
| Sat, 13 Aug 2022 | US$100.8b | US$111.2b | US$2.7b | 30.4x | 36.7x | 0.9x |
| Mon, 11 Jul 2022 | US$86.2b | US$107.6b | US$2.7b | 23.6x | 32.3x | 0.8x |
| Wed, 08 Jun 2022 | US$95.2b | US$107.6b | US$2.7b | 27.1x | 35.8x | 0.9x |
| Fri, 06 May 2022 | US$89.3b | US$107.7b | US$2.6b | 21x | 33.8x | 0.8x |
| Sun, 03 Apr 2022 | US$99.5b | US$106.1b | US$2.6b | 22.2x | 38.7x | 0.9x |
| Tue, 01 Mar 2022 | US$84.9b | US$99.7b | US$2.1b | 25.8x | 41.3x | 0.9x |
| Thu, 27 Jan 2022 | US$81.9b | US$100.0b | US$1.9b | 25.3x | 42.3x | 0.8x |
| Sat, 25 Dec 2021 | US$92.2b | US$100.0b | US$1.9b | 29.5x | 47.7x | 0.9x |
| Mon, 22 Nov 2021 | US$95.7b | US$99.8b | US$2.0b | 29.5x | 48x | 1x |
Price to Earnings Ratio
48x
Current Industry PE
- Investors are optimistic on the American Construction industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 53.3x which is higher than its 3-year average PE of 38.2x.
- The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | -0.49% | |
| Industrials | -0.69% | |
| Construction | -2.07% | |
| Construction and Engineering | -2.07% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PWR Quanta Services | US$323.87 | 0.9% +US$444.3m | 76.7% | PE59x | |
| STRL Sterling Infrastructure | US$182.39 | 4.6% +US$248.2m | 179.0% | PE30.4x | |
| DY Dycom Industries | US$184.66 | 3.9% +US$199.9m | 116.4% | PE22.6x | |
| MYRG MYR Group | US$150.34 | 3.5% +US$82.4m | 25.5% | PE63.2x | |
| BWMN Bowman Consulting Group | US$25.18 | 7.0% +US$28.7m | -6.0% | PS1.1x |
