Wealth Enhancement Advisory Services LLC purchased a new position in shares of Everus (NYSE:ECG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,062 shares of the company's stock, valued at approximately $333,000.
Several other large investors have also recently added to or reduced their stakes in ECG. Principal Financial Group Inc. acquired a new stake in shares of Everus during the 4th quarter valued at approximately $16,241,000. Deutsche Bank AG acquired a new stake in shares of Everus during the 4th quarter valued at approximately $1,192,000. Principal Securities Inc. acquired a new stake in shares of Everus during the 4th quarter valued at approximately $27,000. Truist Financial Corp acquired a new stake in shares of Everus during the 4th quarter valued at approximately $421,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Everus during the 4th quarter valued at approximately $84,000.
Everus Trading Down 1.4%
Shares of Everus stock traded down $0.87 during trading on Friday, hitting $59.57. 188,528 shares of the company were exchanged, compared to its average volume of 703,620. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47. Everus has a fifty-two week low of $31.38 and a fifty-two week high of $77.93. The firm has a 50 day moving average price of $49.67 and a 200 day moving average price of $54.22.
Everus (NYSE:ECG - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business's quarterly revenue was up 32.1% on a year-over-year basis. On average, equities research analysts predict that Everus will post 2.49 EPS for the current year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on ECG shares. Stifel Nicolaus lifted their price target on shares of Everus from $55.00 to $71.00 and gave the company a "buy" rating in a research report on Friday, May 16th. DA Davidson lifted their price objective on Everus from $58.00 to $68.00 and gave the stock a "neutral" rating in a research report on Thursday, May 15th.
Get Our Latest Stock Report on ECG
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.
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