Zacks Research Downgrades Everus Construction Group (NYSE:ECG) to Hold

Posted by Stanley Muller on Oct 8th, 2026

Everus Construction Group (NYSE:ECG – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

ECG has been the subject of a number of other research reports. Weiss Ratings downgraded shares of Everus Construction Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, September 9th. Oppenheimer reissued an “outperform” rating and issued a $200.00 target price on shares of Everus Construction Group in a research report on Thursday, August 6th. Guggenheim boosted their target price on shares of Everus Construction Group from $160.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Freedom Capital raised shares of Everus Construction Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, DA Davidson started coverage on shares of Everus Construction Group in a research note on Friday, August 21st. They set a “buy” rating and a $168.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $169.50.

View Our Latest Research Report on Everus Construction Group

Everus Construction Group Price Performance

Shares of NYSE:ECG opened at $125.38 on Tuesday. The company has a market cap of $6.40 billion, a P/E ratio of 25.23 and a beta of 2.27. The business has a fifty day simple moving average of $123.08 and a 200-day simple moving average of $134.66. Everus Construction Group has a 52 week low of $78.14 and a 52 week high of $171.58. The company has a quick ratio of 1.53, a current ratio of 1.59 and a debt-to-equity ratio of 0.34.

Everus Construction Group (NYSE:ECG – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.50. Everus Construction Group had a return on equity of 38.22% and a net margin of 5.96%.The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the business posted $1.03 earnings per share. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. Equities research analysts forecast that Everus Construction Group will post 5.25 EPS for the current year.

Insiders Place Their Bets

In other Everus Construction Group news, Director David M. Sparby bought 1,000 shares of the stock in a transaction dated Monday, August 17th. The stock was bought at an average cost of $144.95 per share, for a total transaction of $144,950.00. Following the completion of the purchase, the director directly owned 19,658 shares of the company’s stock, valued at approximately $2,849,427.10. The trade was a 5.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Paul R. Sanderson sold 3,300 shares of Everus Construction Group stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $136.69, for a total value of $451,077.00. Following the sale, the vice president directly owned 18,950 shares in the company, valued at approximately $2,590,275.50. The trade was a 14.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Everus Construction Group during the 2nd quarter valued at approximately $1,094,243,000. Wasatch Advisors LP raised its position in shares of Everus Construction Group by 39.7% in the 1st quarter. Wasatch Advisors LP now owns 3,017,249 shares of the company’s stock valued at $356,216,000 after purchasing an additional 856,912 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Everus Construction Group by 109.9% during the 1st quarter. First Trust Advisors LP now owns 1,280,916 shares of the company’s stock valued at $151,225,000 after buying an additional 670,646 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Everus Construction Group by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,105,056 shares of the company’s stock valued at $130,431,000 after buying an additional 10,760 shares during the last quarter. Finally, De Lisle Partners LLP acquired a new stake in shares of Everus Construction Group during the second quarter worth approximately $59,936,000.

Everus Construction Group Company Profile

(Get Free Report)

Everus Construction Group, Inc is a U.S.-based infrastructure construction company that provides services for electric, natural gas, communications and other utility networks. Its work includes the construction, maintenance and repair of power transmission and distribution systems, underground and overhead utility infrastructure, natural gas pipelines and related facilities.

The company also serves telecommunications, renewable energy, industrial and commercial customers. Its capabilities include engineering and construction, storm restoration, distribution system work, substation and transmission construction, fiber and communications infrastructure, and other specialized projects that support energy and utility networks.

Everus Construction Group was formerly known as MDU Construction Services Group and became an independent publicly traded company following its separation from MDU Resources Group in 2024.