Calamos Advisors LLC Invests $1.90 Million in Everus (NYSE:ECG)

Calamos Advisors LLC bought a new stake in shares of Everus (NYSE:ECGFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 28,828 shares of the company’s stock, valued at approximately $1,895,000.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. DA Davidson began coverage on Everus in a report on Monday, November 4th. They issued a “neutral” rating and a $55.00 target price for the company. Stifel Nicolaus upped their price objective on Everus from $78.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Oppenheimer lifted their target price on Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, Wolfe Research initiated coverage on shares of Everus in a report on Tuesday, December 3rd. They set a “peer perform” rating for the company.

Read Our Latest Stock Analysis on ECG

Everus Stock Up 1.4 %

Shares of NYSE ECG opened at $67.55 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. Everus has a one year low of $40.05 and a one year high of $77.93. The company’s fifty day moving average price is $68.41.

Everus (NYSE:ECGGet Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.82 earnings per share for the quarter. The business had revenue of $760.99 million for the quarter. As a group, equities analysts anticipate that Everus will post 2.83 EPS for the current fiscal year.

Everus Profile

(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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Institutional Ownership by Quarter for Everus (NYSE:ECG)

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