W. R. Berkley (WRB) Touches $69.74 Formed H&S; Emcor Group (EME)’s Sentiment Is 1.12

December 7, 2017 - By Maria Brooks

W. R. Berkley Corporation (WRB) formed inverse H&S with $71.83 target or 3.00% above today’s $69.74 share price. W. R. Berkley Corporation (WRB) has $8.49B valuation. The stock increased 0.04% or $0.03 during the last trading session, reaching $69.74. About 6,670 shares traded. W. R. Berkley Corporation (NYSE:WRB) has risen 22.62% since December 7, 2016 and is uptrending. It has outperformed by 5.92% the S&P500.

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company has market cap of $4.72 billion. The firm designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; central plant heating and cooling systems; cranes and rigging; millwrighting; and steel fabrication, erection, and welding. It has a 24.05 P/E ratio. It also offers building services to facilities, such as commercial and government site activities and maintenance; reception, security, and catering; outage services to utilities and industrial plants; military base activities support; mobile mechanical maintenance and services; floor care and janitorial; landscaping, lot sweeping, and snow removal; facilities and vendor management; call center; installation and support for building systems; technical consulting and diagnostics; small modification and retrofit; infrastructure and building projects; and program development, management, and maintenance services for energy systems.

Analysts await EMCOR Group, Inc. (NYSE:EME) to report earnings on February, 22. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. EME’s profit will be $50.58M for 23.32 P/E if the $0.86 EPS becomes a reality. After $1.09 actual earnings per share reported by EMCOR Group, Inc. for the previous quarter, Wall Street now forecasts -21.10% negative EPS growth.

The stock decreased 0.01% or $0.01 during the last trading session, reaching $80.23. About 178,303 shares traded. EMCOR Group, Inc. (EME) has risen 40.80% since December 7, 2016 and is uptrending. It has outperformed by 24.10% the S&P500.

Corbyn Investment Management Inc Md holds 4.39% of its portfolio in EMCOR Group, Inc. for 214,511 shares. Kirr Marbach & Co Llc In owns 212,325 shares or 3.09% of their US portfolio. Moreover, S&T Bank Pa has 2.02% invested in the company for 169,990 shares. The Washington-based Saturna Capital Corp has invested 1.5% in the stock. Palo Capital Inc., a California-based fund reported 38,707 shares.

Ratings analysis reveals 50% of EMCOR Group’s analysts are positive. Out of 2 Wall Street analysts rating EMCOR Group, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. EME was included in 2 notes of analysts from October 28, 2016. The company was initiated on Friday, January 13 by Macquarie Research. The stock of EMCOR Group, Inc. (NYSE:EME) has “Buy” rating given on Friday, October 28 by Stifel Nicolaus.

Among 10 analysts covering W.R. Berkley (NYSE:WRB), 1 have Buy rating, 1 Sell and 8 Hold. Therefore 10% are positive. W.R. Berkley has $74 highest and $52 lowest target. $64.86’s average target is -7.00% below currents $69.74 stock price. W.R. Berkley had 20 analyst reports since July 28, 2015 according to SRatingsIntel. On Wednesday, October 25 the stock rating was maintained by Deutsche Bank with “Hold”. As per Thursday, January 21, the company rating was upgraded by Morgan Stanley. The stock of W. R. Berkley Corporation (NYSE:WRB) earned “Hold” rating by Keefe Bruyette & Woods on Monday, December 4. The stock has “Hold” rating by RBC Capital Markets on Monday, July 10. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, November 15. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, July 6. The rating was maintained by RBC Capital Markets on Wednesday, July 26 with “Hold”. The firm earned “Sell” rating on Wednesday, October 25 by UBS. The firm earned “Outperform” rating on Tuesday, January 17 by Macquarie Research. The stock of W. R. Berkley Corporation (NYSE:WRB) has “Hold” rating given on Monday, August 28 by RBC Capital Markets.

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