Everus Construction Group [ECG] stock is trading at $76.10, up 4.97%. An important factor to consider is whether the stock is rising or falling in short-term value. The ECG shares have gain 9.75% over the last week, with a monthly amount glided 11.09%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Everus Construction Group [NYSE: ECG] stock has seen the most recent analyst activity on December 04, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $70. On November 15, 2024, Stifel initiated with a Buy rating and assigned a price target of $71 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $55 on November 04, 2024.
Everus Construction Group [ECG] stock has fluctuated between $40.05 and $73.83 over the past year. Currently, Wall Street analysts expect the stock to reach $67.5 within the next 12 months. Everus Construction Group [NYSE: ECG] shares were valued at $76.10 at the most recent close of the market. An investor can expect a potential drop of -11.3% based on the average ECG price forecast.
Analyzing the ECG fundamentals
Everus Construction Group [NYSE:ECG] reported sales of 2.73B for the trailing twelve months, which represents a growth of 6.07%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.3 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.44 points at the first support level, and at 70.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.89, and for the 2nd resistance point, it is at 79.69.
Ratios To Look Out For
For context, Everus Construction Group’s Current Ratio is 1.58. On the other hand, the Quick Ratio is 1.50, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 8.56 and price to earnings (TTM) ratio is 26.67.
