Legato Capital Management LLC acquired a new position in shares of Everus (NYSE:ECG - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,810 shares of the company's stock, valued at approximately $448,000.
Several other hedge funds also recently made changes to their positions in ECG. Crews Bank & Trust bought a new stake in Everus during the 4th quarter valued at $29,000. Mendota Financial Group LLC acquired a new stake in shares of Everus during the fourth quarter worth $36,000. Empowered Funds LLC acquired a new stake in shares of Everus during the fourth quarter worth $110,000. KBC Group NV purchased a new position in shares of Everus during the fourth quarter valued at $150,000. Finally, SeaCrest Wealth Management LLC purchased a new position in shares of Everus during the fourth quarter valued at $292,000.
Everus Price Performance
Shares of NYSE ECG traded down $0.67 during trading hours on Tuesday, hitting $47.47. 408,713 shares of the company's stock were exchanged, compared to its average volume of 678,187. Everus has a 1-year low of $40.05 and a 1-year high of $77.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. The firm has a 50-day moving average of $67.57.
Everus (NYSE:ECG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.06). Research analysts anticipate that Everus will post 2.87 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have commented on the company. DA Davidson started coverage on Everus in a research note on Monday, November 4th. They issued a "neutral" rating and a $55.00 target price on the stock. Oppenheimer upped their price target on Everus from $70.00 to $80.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 7th. Wolfe Research started coverage on Everus in a research note on Tuesday, December 3rd. They set a "peer perform" rating for the company. Finally, Stifel Nicolaus decreased their price target on Everus from $85.00 to $67.00 and set a "buy" rating for the company in a research note on Thursday, February 13th.
Check Out Our Latest Analysis 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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