20,174 Shares in Everus (NYSE:ECG) Bought by Yousif Capital Management LLC

Yousif Capital Management LLC acquired a new stake in Everus (NYSE:ECG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,174 shares of the company’s stock, valued at approximately $1,326,000.

A number of other large investors also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in shares of Everus in the fourth quarter valued at about $29,000. Mendota Financial Group LLC purchased a new stake in Everus in the 4th quarter valued at approximately $36,000. KBC Group NV acquired a new position in Everus during the 4th quarter worth approximately $150,000. SeaCrest Wealth Management LLC purchased a new position in shares of Everus during the 4th quarter worth approximately $292,000. Finally, Cascade Investment Group Inc. acquired a new stake in shares of Everus in the 4th quarter valued at approximately $329,000.

Everus Stock Down 11.4 %

Shares of ECG stock opened at $49.61 on Friday. The business’s fifty day moving average price is $68.35. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. Everus has a 1 year low of $40.05 and a 1 year high of $77.93.

Everus (NYSE:ECG) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.06). As a group, equities analysts forecast that Everus will post 2.87 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Oppenheimer upped their price objective on Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Stifel Nicolaus lowered their price target on shares of Everus from $85.00 to $67.00 and set a “buy” rating on the stock in a research note on Thursday. Wolfe Research assumed coverage on shares of Everus in a research note on Tuesday, December 3rd. They issued a “peer perform” rating for the company. Finally, DA Davidson initiated coverage on shares of Everus in a report on Monday, November 4th. They set a “neutral” rating and a $55.00 price objective on the stock.

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.