Everus (NYSE:ECG) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Everus (NYSE:ECG) released its quarterly earnings results on Tuesday. The company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.06), Zacks reports. Everus updated its FY 2025 guidance to EPS.

Everus Trading Down 18.1 %

Shares of ECG stock opened at $56.01 on Thursday. Everus has a 1 year low of $40.05 and a 1 year high of $77.93. The firm’s fifty day moving average price is $68.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.58.

Analysts Set New Price Targets

ECG has been the topic of several research reports. Wolfe Research started coverage on Everus in a report on Tuesday, December 3rd. They issued a “peer perform” rating on the stock. DA Davidson started coverage on Everus in a report on Monday, November 4th. They issued a “neutral” rating and a $55.00 price objective on the stock. Stifel Nicolaus increased their target price on Everus from $78.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Oppenheimer increased their target price on Everus from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th.

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.