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

Country Club Bank bought a new stake in Everus (NYSE:ECG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 10,187 shares of the company’s stock, valued at approximately $681,000.

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

Wall Street Analysts Forecast Growth

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

Everus Stock Performance

Shares of NYSE:ECG opened at $68.98 on Thursday. Everus has a 52 week low of $40.05 and a 52 week high of $77.93. The firm has a 50-day moving average price of $68.49. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50.

Everus (NYSE:ECG) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.82 EPS for the quarter. The business had revenue of $760.99 million during the quarter. On average, research analysts forecast that Everus will post 2.83 EPS for the current fiscal year.

Everus Company 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.