Everus (NYSE:ECG) Hits New 52-Week High – Still a Buy?

Everus (NYSE:ECGGet Free Report) hit a new 52-week high during 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

A number of equities analysts have recently weighed in on the stock. Wolfe Research began coverage on shares of Everus in a research report on Tuesday, December 3rd. They issued a “peer perform” rating for the company. Oppenheimer initiated coverage on Everus in a report on Wednesday, December 4th. They issued an “outperform” rating and a $70.00 price target for the company. Stifel Nicolaus lifted their price objective on Everus from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, DA Davidson began coverage on Everus in a research note on Monday, November 4th. They issued a “neutral” rating and a $55.00 target price for the company.

Check Out Our Latest Analysis on Everus

Everus Stock Down 5.1 %

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 Company Profile

(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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