Shares of Everus (NYSE:ECG - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $73.83 and last traded at $73.03, with a volume of 132060 shares. The stock had previously closed at $69.34.
Analysts Set New Price Targets
ECG has been the subject of a number of research reports. Wolfe Research began coverage on shares of Everus in a report on Tuesday, December 3rd. They issued a "peer perform" rating for the company. Oppenheimer upped their price objective on shares of Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Stifel Nicolaus lifted their target price on Everus from $71.00 to $78.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. Finally, DA Davidson assumed coverage on Everus in a report on Monday, November 4th. They issued a "neutral" rating and a $55.00 price target for the company.
Check Out Our Latest Stock Analysis on ECG
Everus Stock Up 1.2 %
The company's 50 day simple moving average is $65.62. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hennessy Advisors Inc. bought a new stake in shares of Everus in the 4th quarter valued at approximately $31,611,000. SeaCrest Wealth Management LLC bought a new stake in Everus in the fourth quarter valued at $292,000. Mendota Financial Group LLC acquired a new position in Everus during the fourth quarter worth $36,000. Finally, Forza Wealth Management LLC bought a new position in shares of Everus during the fourth quarter valued at $336,000.
About Everus
(
Get 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.
See Also
Before you consider Everus, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Everus wasn't on the list.
While Everus currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
