Calamos Advisors LLC bought a new stake in shares of Everus (NYSE:ECG – Free 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.
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:ECG – Get 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
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.
Featured Articles
- Five stocks we like better than Everus
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Learn Technical Analysis Skills to Master the Stock Market
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- ESG Stocks, What Investors Should Know
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Want to see what other hedge funds are holding ECG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Everus (NYSE:ECG – Free Report).
Receive News & Ratings for Everus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everus and related companies with MarketBeat.com's FREE daily email newsletter.