Cascade Investment Group Inc. acquired a new position in shares of Everus (NYSE:ECG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,000 shares of the company's stock, valued at approximately $329,000.
Several other large investors also recently bought and sold shares of ECG. SeaCrest Wealth Management LLC acquired a new stake in Everus in the 4th quarter worth about $292,000. Hennessy Advisors Inc. purchased a new position in Everus during the fourth quarter worth approximately $31,611,000. Brady Martz Wealth Solutions LLC purchased a new stake in shares of Everus during the 4th quarter valued at $472,000. Mendota Financial Group LLC acquired a new stake in shares of Everus during the 4th quarter worth $36,000. Finally, Forza Wealth Management LLC acquired a new position in Everus in the fourth quarter valued at $336,000.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Oppenheimer raised their target price on shares of Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Stifel Nicolaus raised their target price on Everus from $71.00 to $78.00 and gave the company a "buy" rating in a report on Wednesday, December 11th. DA Davidson assumed coverage on shares of Everus in a research note on Monday, November 4th. They set a "neutral" rating and a $55.00 price objective on the stock. Finally, Wolfe Research started coverage on shares of Everus in a report on Tuesday, December 3rd. They set a "peer perform" rating for the company.
Read Our Latest Stock Analysis on Everus
Everus Trading Up 5.2 %
NYSE:ECG traded up $3.45 during mid-day trading on Monday, hitting $69.74. The stock had a trading volume of 1,976,250 shares, compared to its average volume of 492,445. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. The stock's 50 day moving average is $66.15. Everus has a 52 week low of $40.05 and a 52 week high of $73.83.
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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