Everus (NYSE:ECG - Free Report) had its price objective lifted by Stifel Nicolaus from $78.00 to $85.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.
ECG has been the subject of a number of other research reports. Oppenheimer increased their price target on shares of Everus from $70.00 to $80.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Wolfe Research began coverage on Everus in a research note on Tuesday, December 3rd. They issued a "peer perform" rating for the company. Finally, DA Davidson started coverage on Everus in a report on Monday, November 4th. They issued a "neutral" rating and a $55.00 target price for the company.
Read Our Latest Stock Report on ECG
Everus Price Performance
Shares of Everus stock traded up $1.94 during midday trading on Friday, hitting $77.28. 748,564 shares of the company were exchanged, compared to its average volume of 449,095. Everus has a 52 week low of $40.05 and a 52 week high of $77.93. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50. The firm has a 50 day simple moving average of $67.64.
Everus (NYSE:ECG - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported $0.82 earnings per share (EPS) for the quarter. The business had revenue of $760.99 million for the quarter. On average, sell-side analysts forecast that Everus will post 2.83 EPS for the current fiscal year.
Institutional Trading of Everus
Several large investors have recently bought and sold shares of ECG. Crews Bank & Trust bought a new stake in Everus in the fourth quarter worth $29,000. Mendota Financial Group LLC purchased a new position in shares of Everus in the 4th quarter worth about $36,000. KBC Group NV bought a new position in Everus in the 4th quarter worth about $150,000. SeaCrest Wealth Management LLC purchased a new stake in Everus during the 4th quarter valued at about $292,000. Finally, Cascade Investment Group Inc. bought a new stake in Everus during the 4th quarter valued at about $329,000.
About Everus
(
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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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