Yousif Capital Management LLC Purchases Shares of 20,174 Everus (NYSE:ECG)

Yousif Capital Management LLC bought a new stake in Everus (NYSE:ECG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,174 shares of the company's stock, valued at approximately $1,326,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ECG. Crews Bank & Trust acquired a new stake in Everus in the 4th quarter valued at about $29,000. Mendota Financial Group LLC acquired a new stake in Everus in the 4th quarter valued at about $36,000. KBC Group NV acquired a new stake in Everus in the 4th quarter valued at about $150,000. SeaCrest Wealth Management LLC acquired a new stake in Everus in the 4th quarter valued at about $292,000. Finally, Cascade Investment Group Inc. acquired a new stake in Everus in the 4th quarter valued at about $329,000.

Everus Price Performance

Shares of NYSE ECG traded down $1.35 during mid-day trading on Monday, reaching $48.19. The company had a trading volume of 1,010,355 shares, compared to its average volume of 591,388. The business has a fifty day simple moving average of $67.57. 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 has a 12-month low of $40.05 and a 12-month high of $77.93.

Everus (NYSE:ECG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.06). Equities research analysts predict that Everus will post 2.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ECG has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on shares of Everus in a report on Tuesday, December 3rd. They issued a "peer perform" rating for the company. Stifel Nicolaus reduced their price objective on shares of Everus from $85.00 to $67.00 and set a "buy" rating for the company in a research note on Thursday. Oppenheimer upped their price objective 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. Finally, DA Davidson began coverage on shares of Everus in a research note on Monday, November 4th. They set a "neutral" rating and a $55.00 price objective for the company.

Everus 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.