Country Club Bank Takes Position in Everus (NYSE:ECG)

Country Club Bank acquired a new position in shares of Everus (NYSE:ECG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,187 shares of the company’s stock, valued at approximately $681,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ECG. Montgomery Investment Management Inc. acquired a new position in shares of Everus in the 4th quarter valued at $765,000. Yousif Capital Management LLC purchased a new stake in Everus in the 4th quarter valued at about $1,326,000. Calamos Advisors LLC acquired a new position in Everus in the fourth quarter valued at about $1,895,000. Crews Bank & Trust purchased a new position in Everus during the fourth quarter worth about $29,000. Finally, Swedbank AB acquired a new stake in shares of Everus during the fourth quarter valued at about $1,644,000.

Everus Trading Up 2.0 %

Shares of NYSE ECG opened at $68.98 on Thursday. Everus has a 12-month low of $40.05 and a 12-month high of $77.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58. The company has a fifty day moving average of $68.49.

Everus (NYSE:ECG) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $760.99 million during the quarter. On average, research analysts forecast that Everus will post 2.83 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. Stifel Nicolaus increased their price objective on shares of Everus from $78.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. DA Davidson assumed coverage on Everus in a research note on Monday, November 4th. They issued a “neutral” rating and a $55.00 price objective for the company. Wolfe Research began coverage on Everus in a research note on Tuesday, December 3rd. They set a “peer perform” rating on the stock. Finally, Oppenheimer boosted their price target on shares of Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th.

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.