Oppenheimer lifts Everus Construction Group [ECG] price estimate. Who else is bullish?

Everus Construction Group [NYSE: ECG] loss -3.56% on the last trading session, reaching $66.66 price per share at the time.

If compared to the average trading volume of 647.45K shares, ECG reached a trading volume of 412450 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Everus Construction Group [ECG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ECG shares is $72.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ECG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Oppenheimer have made an estimate for Everus Construction Group shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 04, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on December 03, 2024, representing the official price target for Everus Construction Group stock. Previously, the target price had yet another raise to $71, while Stifel analysts kept a Buy rating on ECG stock.

The Average True Range (ATR) for Everus Construction Group is set at 3.45, with the Price to Sales ratio for ECG stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 7.50, with the Price to Cash per share for the same quarter was set at 0.01.

Trading performance analysis for ECG stock

Everus Construction Group [ECG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.38.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ECG stock in for the last two-week period is set at 50.30, with the RSI for the last a single of trading hit 45.99, and the three-weeks RSI is set at 53.79 for Everus Construction Group [ECG]. The present Moving Average recorded at 68.34 for the last single week of trading.

Everus Construction Group [ECG]: A deeper dive into fundamental analysis

Everus Construction Group’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.58.

An analysis of Institutional ownership at Everus Construction Group [ECG]