Everus (NYSE:ECG) CFO Maximillian J. Marcy Buys 1,300 Shares

Everus (NYSE:ECG) CFO Maximillian J. Marcy acquired 1,300 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was acquired at an average price of $38.99 per share, with a total value of $50,687.00. Following the transaction, the chief financial officer now directly owns 5,508 shares of the company’s stock, valued at $214,756.92. This represents a 30.89 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Everus Price Performance

NYSE:ECG opened at $45.18 on Thursday. The stock has a fifty day simple moving average of $64.18. Everus has a 1 year low of $37.84 and a 1 year high of $77.93. 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 (NYSE:ECG) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.06). Analysts forecast that Everus will post 2.49 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on ECG shares. Oppenheimer increased their target price on Everus from $70.00 to $80.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. DA Davidson initiated 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. Stifel Nicolaus dropped 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. Finally, Wolfe Research began coverage on Everus in a research note on Tuesday, December 3rd. They set a “peer perform” rating for the company.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Yousif Capital Management LLC acquired a new position in Everus in the 4th quarter valued at $1,326,000. Cascade Investment Advisors Inc. bought a new position in shares of Everus during the fourth quarter valued at $1,272,000. Register Financial Advisors LLC acquired a new stake in Everus in the 4th quarter valued at about $3,167,000. SG Americas Securities LLC acquired a new stake in shares of Everus during the 4th quarter worth approximately $669,000. Finally, Moody Aldrich Partners LLC acquired a new position in Everus during the fourth quarter valued at approximately $4,359,000.

About Everus

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.