Everus (NYSE:ECG) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Everus (NYSE:ECG - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.06), Zacks reports. Everus updated its FY 2025 guidance to EPS.

Everus Stock Performance

Everus stock traded down $1.35 during midday trading on Friday, reaching $48.19. The company's stock had a trading volume of 1,010,355 shares, compared to its average volume of 591,388. Everus has a 52 week low of $40.05 and a 52 week high of $77.93. 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 firm's 50-day moving average is $67.94.

Analyst Ratings Changes

ECG has been the topic of a number of recent analyst reports. Stifel Nicolaus decreased their price target on Everus from $85.00 to $67.00 and set a "buy" rating on the stock in a research report on Thursday. Oppenheimer raised their price target on Everus from $70.00 to $80.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Wolfe Research initiated coverage on Everus in a research report on Tuesday, December 3rd. They issued a "peer perform" rating on the stock. Finally, DA Davidson initiated coverage on Everus in a research report on Monday, November 4th. They issued a "neutral" rating and a $55.00 price target on the stock.

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.