419 Shares in Everus (NYSE:ECG) Purchased by HighMark Wealth Management LLC

HighMark Wealth Management LLC bought a new stake in shares of Everus (NYSE:ECG) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 419 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds also recently modified their holdings of the business. Hennessy Advisors Inc. bought a new position in shares of Everus in the 4th quarter worth $31,611,000. Principal Financial Group Inc. bought a new position in Everus during the fourth quarter worth about $16,241,000. Moody Aldrich Partners LLC acquired a new position in shares of Everus during the 4th quarter worth about $4,359,000. Register Financial Advisors LLC bought a new stake in shares of Everus in the 4th quarter valued at about $3,167,000. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Everus in the 4th quarter valued at approximately $3,258,000.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wolfe Research began coverage on shares of Everus in a report on Tuesday, December 3rd. They set a “peer perform” rating for the company. Oppenheimer boosted their price target on shares of Everus from $70.00 to $80.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. DA Davidson started coverage on shares of Everus in a research report on Monday, November 4th. They issued a “neutral” rating and a $55.00 price objective for the company. Finally, Stifel Nicolaus reduced their target price on Everus from $85.00 to $67.00 and set a “buy” rating on the stock in a report on Thursday, February 13th.

Everus Trading Down 2.7 %

Everus stock opened at $48.19 on Tuesday. The firm has a 50 day moving average of $67.57. 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 twelve month low of $40.05 and a twelve month high of $77.93.

Everus (NYSE:ECG) last announced its 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, analysts anticipate that Everus will post 2.87 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.