NEW YORK (
-- EMCOR Group
) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
EMCOR Group, Inc., together with its subsidiaries, provides electrical and mechanical construction and facilities services worldwide. EMCOR Group has a market cap of $2 billion and is part of the
industry. Shares are up 3.6% year to date as of the close of trading on Thursday.
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