NBC Securities Inc. Buys Shares of 4,532 Everus (NYSE:ECG)

NBC Securities Inc. bought a new position in shares of Everus (NYSE:ECG - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,532 shares of the company's stock, valued at approximately $168,000.

Other large investors have also modified their holdings of the company. Tompkins Financial Corp purchased a new position in shares of Everus during the 1st quarter worth approximately $25,000. SRS Capital Advisors Inc. acquired a new stake in shares of Everus in the 4th quarter worth approximately $26,000. Principal Securities Inc. acquired a new stake in shares of Everus in the 4th quarter worth approximately $27,000. HighMark Wealth Management LLC acquired a new stake in shares of Everus in the 4th quarter worth approximately $28,000. Finally, Quarry LP acquired a new stake in shares of Everus in the 4th quarter worth approximately $36,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. DA Davidson upped their price target on Everus from $58.00 to $68.00 and gave the stock a "neutral" rating in a report on Thursday, May 15th. Stifel Nicolaus upped their price target on Everus from $55.00 to $71.00 and gave the stock a "buy" rating in a report on Friday, May 16th.

Everus Trading Up 0.9%

Shares of ECG traded up $0.53 on Wednesday, reaching $60.36. The stock had a trading volume of 162,887 shares, compared to its average volume of 709,362. The firm has a 50-day moving average of $48.67 and a 200 day moving average of $54.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. Everus has a twelve month low of $31.38 and a twelve month high of $77.93.

Everus (NYSE:ECG - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.29. The company had revenue of $826.63 million for the quarter, compared to analyst estimates of $676.35 million. The company's revenue was up 32.1% on a year-over-year basis. As a group, sell-side analysts predict that Everus will post 2.49 EPS for the current fiscal year.

About Everus

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.