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Friday, June 1, 2012

Potential Takeover Candidate? (NYSE: EME)

Shares of EME fell by 2.46% or $-0.672/share to $26.68. NYSE is trading at a price to book ratio of 1.45. The PEG is 1.23. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 378778 shares of EME exchange hands on a given day and today's volume is recorded at 695698. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

EMCOR Group, Inc. (EMCOR) is an electrical and mechanical construction and facilities services firm in the United States, the United Kingdom and globally.