Focus Partners Advisor Solutions LLC bought a new stake in shares of Everus (NYSE:ECG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,162 shares of the company's stock, valued at approximately $537,000.
A number of other institutional investors have also recently made changes to their positions in ECG. SRS Capital Advisors Inc. purchased a new position in Everus in the 4th quarter worth $26,000. Principal Securities Inc. purchased a new position in Everus in the 4th quarter worth $27,000. HighMark Wealth Management LLC purchased a new position in Everus in the 4th quarter worth $28,000. Crews Bank & Trust purchased a new position in Everus in the 4th quarter worth $29,000. Finally, Quarry LP purchased a new position in Everus in the 4th quarter worth $36,000.
Analysts Set New Price Targets
ECG has been the subject of a number of research analyst reports. Stifel Nicolaus raised their target price on Everus from $55.00 to $71.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. DA Davidson lifted their price objective on Everus from $58.00 to $68.00 and gave the company a "neutral" rating in a research note on Thursday, May 15th.
Read Our Latest Report on Everus
Everus Stock Up 4.9%
NYSE ECG traded up $2.75 on Tuesday, reaching $59.45. The stock had a trading volume of 673,381 shares, compared to its average volume of 739,703. Everus has a 12-month low of $31.38 and a 12-month high of $77.93. The stock has a fifty day moving average price of $43.36 and a two-hundred day moving average price of $54.35. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47.
Everus (NYSE:ECG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.29. The company had revenue of $826.63 million for the quarter, compared to analysts' expectations of $676.35 million. The firm's quarterly revenue was up 32.1% compared to the same quarter last year. On average, equities research analysts predict that Everus will post 2.49 earnings per share for the current year.
About Everus
(
Free Report)
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.
Read More
Before you consider Everus, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Everus wasn't on the list.
While Everus currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
