Ingalls & Snyder LLC acquired a new position in Everus (NYSE:ECG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,579 shares of the company's stock, valued at approximately $367,000.
Several other institutional investors have also added to or reduced their stakes in ECG. Crews Bank & Trust purchased a new stake in shares of Everus in the 4th quarter worth about $29,000. Mendota Financial Group LLC purchased a new stake in shares of Everus in the 4th quarter worth about $36,000. Empowered Funds LLC purchased a new stake in shares of Everus in the 4th quarter worth about $110,000. KBC Group NV purchased a new stake in shares of Everus in the 4th quarter worth about $150,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Everus in the 4th quarter worth about $292,000.
Everus Stock Performance
ECG stock traded down $0.67 during trading on Tuesday, hitting $47.47. 408,713 shares of the stock traded hands, compared to its average volume of 678,187. Everus has a 1 year low of $40.05 and a 1 year high of $77.93. The stock has a 50 day simple moving average of $67.57. 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 (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 the consensus estimate of $0.73 by ($0.06). Sell-side analysts expect that Everus will post 2.87 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently weighed in on ECG. Wolfe Research began coverage on shares of Everus in a research report on Tuesday, December 3rd. They issued a "peer perform" rating on the stock. Stifel Nicolaus cut their price objective on shares of Everus from $85.00 to $67.00 and set a "buy" rating on the stock in a research report on Thursday, February 13th. Oppenheimer increased 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. Finally, DA Davidson started coverage on shares of Everus in a research report on Monday, November 4th. They set a "neutral" rating and a $55.00 price objective on the stock.
Read Our Latest Stock Report on Everus
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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