6,810 Shares in Everus (NYSE:ECG) Purchased by Legato Capital Management LLC

Legato Capital Management LLC acquired a new position in Everus (NYSE:ECG) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,810 shares of the company’s stock, valued at approximately $448,000.

Other hedge funds have also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in Everus in the 4th quarter worth about $29,000. Mendota Financial Group LLC purchased a new stake in shares of Everus during the 4th quarter worth about $36,000. Empowered Funds LLC purchased a new stake in shares of Everus during the 4th quarter worth about $110,000. KBC Group NV purchased a new stake in shares of Everus during the 4th quarter worth about $150,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Everus during the 4th quarter worth about $292,000.

Analyst Upgrades and Downgrades

ECG has been the subject of a number of recent research reports. Stifel Nicolaus cut their price target on Everus from $85.00 to $67.00 and set a “buy” rating for the company in a research note on Thursday. Wolfe Research initiated coverage on Everus in a research note on Tuesday, December 3rd. They set a “peer perform” rating for the company. Oppenheimer raised their price target on Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, DA Davidson assumed 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.

Everus Price Performance

Shares of NYSE ECG opened at $48.19 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47. The firm’s 50-day moving average is $67.94. Everus has a 52 week low of $40.05 and a 52 week high of $77.93.

Everus (NYSE:ECG) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.06). Equities analysts forecast that Everus will post 2.87 earnings per share for the current 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.