Country Club Bank bought a new stake in Everus (NYSE:ECG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,187 shares of the company's stock, valued at approximately $681,000.
Several other institutional investors and hedge funds have also modified their holdings of ECG. Crews Bank & Trust acquired a new position in Everus during the 4th quarter worth $29,000. Mendota Financial Group LLC acquired a new position in shares of Everus during the fourth quarter valued at $36,000. KBC Group NV acquired a new stake in Everus in the fourth quarter worth about $150,000. SeaCrest Wealth Management LLC acquired a new position in Everus during the 4th quarter valued at about $292,000. Finally, Cascade Investment Group Inc. bought a new position in shares of Everus in the 4th quarter valued at about $329,000.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Oppenheimer upped 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 lifted their price objective on shares of Everus from $78.00 to $85.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Wolfe Research started coverage on shares of Everus in a research report on Tuesday, December 3rd. They set a "peer perform" rating for the company. Finally, DA Davidson initiated coverage on shares of Everus in a report on Monday, November 4th. They set a "neutral" rating and a $55.00 target price on the stock.
View Our Latest Research Report on ECG
Everus Price Performance
ECG stock traded down $0.30 during trading on Friday, reaching $70.42. 440,984 shares of the company were exchanged, compared to its average volume of 591,388. The business's 50-day moving average is $68.75. Everus has a twelve month low of $40.05 and a twelve month high of $77.93. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50.
Everus (NYSE:ECG - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.82 earnings per share (EPS) for the quarter. The firm had revenue of $760.99 million for the quarter. Research analysts anticipate that Everus will post 2.87 EPS for the current fiscal year.
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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