Moody Aldrich Partners LLC Buys New Holdings in Everus (NYSE:ECG)

Moody Aldrich Partners LLC purchased a new position in Everus (NYSE:ECG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 66,289 shares of the company's stock, valued at approximately $4,359,000. Moody Aldrich Partners LLC owned 0.13% of Everus as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of ECG. Forza Wealth Management LLC bought a new stake in Everus during the 4th quarter valued at about $336,000. Mendota Financial Group LLC bought a new stake in shares of Everus during the fourth quarter valued at approximately $36,000. SeaCrest Wealth Management LLC bought a new stake in shares of Everus during the fourth quarter valued at approximately $292,000. Hennessy Advisors Inc. purchased a new stake in shares of Everus in the fourth quarter valued at approximately $31,611,000. Finally, Brady Martz Wealth Solutions LLC bought a new position in Everus in the fourth quarter worth approximately $472,000.

Analysts Set New Price Targets

ECG has been the subject of a number of research analyst reports. Oppenheimer lifted their target price on Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Wolfe Research started coverage on shares of Everus in a research note on Tuesday, December 3rd. They issued a "peer perform" rating for the company. Stifel Nicolaus raised their target price on shares of Everus from $78.00 to $85.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Finally, DA Davidson began coverage on shares of Everus in a research report on Monday, November 4th. They issued a "neutral" rating and a $55.00 price target for the company.

Everus Trading Down 2.7 %

Shares of ECG traded down $1.87 during trading hours on Friday, hitting $68.62. The company had a trading volume of 901,408 shares, compared to its average volume of 584,894. Everus has a one year low of $40.05 and a one year high of $77.93. The business's fifty day moving average price is $68.29. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47.

Everus (NYSE:ECG - Get Free Report) last released its quarterly 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. As a group, equities research analysts anticipate that Everus will post 2.83 earnings per share for the current fiscal year.

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.