Jefferies Financial Group Inc. bought a new position in shares of Everus (NYSE:ECG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,175 shares of the company's stock, valued at approximately $801,000.
Other hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. purchased a new position in Everus during the fourth quarter worth about $16,241,000. Yousif Capital Management LLC purchased a new position in Everus during the fourth quarter worth about $1,326,000. Principal Securities Inc. purchased a new position in Everus during the fourth quarter worth about $27,000. Deutsche Bank AG purchased a new position in Everus during the fourth quarter worth about $1,192,000. Finally, SG Americas Securities LLC purchased a new position in Everus during the fourth quarter worth about $669,000.
Everus Stock Performance
Shares of ECG stock traded down $0.05 during trading on Friday, reaching $57.82. The company's stock had a trading volume of 545,768 shares, compared to its average volume of 732,643. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47. The stock's 50-day moving average price is $44.85 and its 200 day moving average price is $54.32. Everus has a 1-year low of $31.38 and a 1-year high of $77.93.
Everus (NYSE:ECG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.29. The business had revenue of $826.63 million during the quarter, compared to analyst estimates of $676.35 million. The business's quarterly revenue was up 32.1% compared to the same quarter last year. On average, equities analysts anticipate that Everus will post 2.49 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. DA Davidson increased their target price on shares of Everus from $58.00 to $68.00 and gave the stock a "neutral" rating in a research note on Thursday, May 15th. Stifel Nicolaus lifted their price objective on shares of Everus from $55.00 to $71.00 and gave the company a "buy" rating in a report on Friday, May 16th.
Get Our Latest Stock Report on ECG
Everus Company Profile
(
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.
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