Everus (NYSE:ECG) Hits New 1-Year High – Time to Buy?

Everus (NYSE:ECGGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $72.36 and last traded at $72.36, with a volume of 40695 shares. The stock had previously closed at $70.58.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ECG. DA Davidson started coverage on shares of Everus in a report on Monday, November 4th. They issued a “neutral” rating and a $55.00 price target on the stock. Stifel Nicolaus raised their target price on shares of Everus from $71.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Oppenheimer initiated coverage on shares of Everus in a research report on Wednesday, December 4th. They set an “outperform” rating and a $70.00 price target for the company. Finally, Wolfe Research assumed coverage on Everus in a research report on Tuesday, December 3rd. They issued a “peer perform” rating on the stock.

Read Our Latest Analysis on Everus

Everus Stock Down 5.1 %

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58.

About Everus

(Get 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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