Montgomery Investment Management Inc. purchased a new stake in shares of Everus (NYSE:ECG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 11,642 shares of the company's stock, valued at approximately $765,000.
Several other hedge funds have also bought and sold shares of ECG. Register Financial Advisors LLC bought a new stake in shares of Everus in the 4th quarter worth $3,167,000. Cascade Investment Advisors Inc. bought a new stake in Everus in the 4th quarter worth about $1,272,000. SG Americas Securities LLC purchased a new position in Everus in the 4th quarter worth about $669,000. Moody Aldrich Partners LLC bought a new position in Everus during the 4th quarter valued at about $4,359,000. Finally, Brady Martz Wealth Solutions LLC purchased a new stake in shares of Everus during the 4th quarter valued at about $472,000.
Everus Trading Down 0.4 %
Shares of NYSE:ECG traded down $0.30 during midday trading on Friday, hitting $70.42. The company had a trading volume of 440,984 shares, compared to its average volume of 591,388. Everus has a 12-month low of $40.05 and a 12-month high of $77.93. The business has a fifty day simple moving average of $68.61. 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 earnings results on Wednesday, November 6th. The company reported $0.82 EPS for the quarter. The firm had revenue of $760.99 million for the quarter. Sell-side analysts forecast that Everus will post 2.87 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on ECG shares. Wolfe Research initiated coverage on shares of Everus in a report on Tuesday, December 3rd. They issued a "peer perform" rating on the stock. Stifel Nicolaus lifted their price objective on Everus from $78.00 to $85.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Oppenheimer increased their target price on 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 research note on Monday, November 4th. They set a "neutral" rating and a $55.00 price target for the company.
View Our Latest Research Report on ECG
About Everus
(
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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