Everus (NYSE:ECG) Director Edward A. Ryan Buys 1,400 Shares

Everus (NYSE:ECG - Get Free Report) Director Edward A. Ryan acquired 1,400 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was bought at an average price of $38.02 per share, with a total value of $53,228.00. Following the purchase, the director now directly owns 14,928 shares in the company, valued at approximately $567,562.56. This trade represents a 10.35 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Everus Stock Down 0.3 %

Shares of ECG stock traded down $0.13 during mid-day trading on Friday, hitting $41.77. The stock had a trading volume of 788,814 shares, compared to its average volume of 782,288. The company has a 50-day simple moving average of $63.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. Everus has a fifty-two week low of $37.84 and a fifty-two week high of $77.93.

Everus (NYSE:ECG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.06). As a group, analysts expect that Everus will post 2.49 EPS for the current year.

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Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ECG. 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. Stifel Nicolaus lowered their price objective on Everus from $85.00 to $67.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. Oppenheimer upped their target price on shares of Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Finally, DA Davidson assumed coverage on Everus in a report on Monday, November 4th. They issued a "neutral" rating and a $55.00 price objective for the company.

Institutional Trading of Everus

Hedge funds have recently modified their holdings of the business. SRS Capital Advisors Inc. acquired a new stake in Everus in the fourth quarter valued at $26,000. Principal Securities Inc. acquired a new stake in Everus during the 4th quarter worth approximately $27,000. HighMark Wealth Management LLC purchased a new position in Everus in the 4th quarter worth approximately $28,000. Crews Bank & Trust purchased a new position in Everus in the fourth quarter valued at about $29,000. Finally, Mendota Financial Group LLC bought a new stake in Everus in the fourth quarter valued at about $36,000.

Everus Company Profile

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.