Emcor Group offers a vast array of industrial services including those critical to hyperscale data centers. Emcor stock was reinvigorated after the company's positive earnings report in late April.
The Fortune 500 name is Wednesday's pick for IBD 50 Growth Stocks To Watch as shares broke out of a base Tuesday and are in a buy zone.
The IBD 50 name has more than 100 operating companies in 420 locations. Its business consists of construction, building and industrial segments. It offers building services including security, lighting and audio systems, heating and cooling, and plumbing systems.
Emcor's companies also plan, design, install and maintain data center infrastructure and power generation systems. Further, it offers uninterruptible data center services for power supply systems.
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Emcor Stock Reaches Buy Zone
Emcor stock broke out of an early-stage cup-with-handle base with a buy point of 478.75 Tuesday. The breakout volume was 16% lighter than average, so it wasn't a powerful move. Shares are in a 5% buy zone that extends to 502.69, according to MarketSurge pattern recognition.
Despite its valiant 51% stock climb from the bottom of the base, shares show a 7% gain on the year. The stock also remains around 11% off its all-time high, reached Jan. 22.
Its 50-day moving average is starting to turn up, which is a positive sign for the industrial stock.
Industrial Services Name Crushes Earnings Estimates
On April 30, Emcor reported much higher first-quarter profit and modestly beat sales expectations. Earnings grew 30% to $5.41 per share as revenue rose 13% to $3.87 billion.
The company's U.S. electrical construction segment was the bright spot, with 42.3% revenue growth. The segment was helped by the acquisition of Miller Electric, which contributed $183 million in sales during the quarter.
Emcor maintained its full-year 2025 revenue forecast of $16.1 billion to $16.9 billion. It also narrowed its 2025 earnings outlook to a range of $22.65 to $24 per share.
The company is confident in its pipeline and has factored in the potential effects of tariffs in its outlook.
"Despite a dynamic and uncertain environment, we remain well positioned with a significant year-over-year increase in (remaining performance obligations) and a healthy project pipeline." Emcor Chief Executive Tony Guzzi said in the company's earnings release.
Profits Rising In 2026
Looking forward, analysts see 2026 profit climbing to $25.55 per share.
Emcor stock's 1.4 up/down volume ratio shows positive demand over the last 50 days.
Investor's Business Daily Mutual Fund Index name Allspring Growth Fund initiated a position in Emcor stock in the March quarter.
Finally, the stock holds an IBD Earnings Per Share Rating of 98 and a 94 Composite Rating. Perfect ratings for both would be 99.
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