Brady Martz Wealth Solutions LLC Invests $472,000 in Everus (NYSE:ECG)

Brady Martz Wealth Solutions LLC purchased a new position in Everus (NYSE:ECG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,801 shares of the company’s stock, valued at approximately $472,000.

A number of other hedge funds also recently bought and sold shares of ECG. Mendota Financial Group LLC bought a new stake in Everus during the 4th quarter valued at about $36,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Everus during the fourth quarter valued at approximately $292,000. Forza Wealth Management LLC bought a new stake in shares of Everus during the fourth quarter valued at approximately $336,000. Finally, Hennessy Advisors Inc. purchased a new position in Everus in the 4th quarter worth approximately $31,611,000.

Everus Price Performance

NYSE ECG opened at $69.74 on Friday. Everus has a 1-year low of $40.05 and a 1-year high of $73.83. 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 company’s fifty day moving average price is $66.15.

Wall Street Analysts Forecast Growth

Several analysts have commented on ECG shares. Stifel Nicolaus increased their target price on Everus from $71.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Wolfe Research assumed coverage on Everus in a research report on Tuesday, December 3rd. They set a “peer perform” rating on the stock. Oppenheimer boosted their target price on Everus from $70.00 to $80.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Finally, DA Davidson assumed coverage on shares of Everus in a report on Monday, November 4th. They set a “neutral” rating and a $55.00 price target on the stock.

Everus 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.