Everforth (NYSE:EFOR – Get Free Report) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $34.92 and traded as low as $34.01. Everforth shares last traded at $34.12, with a volume of 1,526,088 shares trading hands.
Wall Street Analysts Forecast Growth
EFOR has been the subject of several research reports. Truist Financial upped their target price on shares of Everforth from $36.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. UBS Group increased their target price on Everforth from $17.00 to $19.00 and gave the stock a “sell” rating in a research note on Thursday, October 29th. Zacks Research lowered Everforth from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Wells Fargo & Company lifted their target price on shares of Everforth from $26.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 29th. Finally, Wall Street Zen upgraded shares of Everforth from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Everforth presently has an average rating of “Reduce” and a consensus price target of $33.83.
Get Our Latest Stock Report on Everforth
Everforth Price Performance
The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.75. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 22.41 and a beta of 0.42. The business has a 50-day moving average of $34.92.
Everforth (NYSE:EFOR – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.09. Everforth had a net margin of 1.71% and a return on equity of 8.87%. The business had revenue of $1.03 billion for the quarter. The company’s revenue was up 2.0% compared to the same quarter last year. Analysts predict that Everforth will post 3.74 earnings per share for the current year.
Institutional Trading of Everforth
Institutional investors and hedge funds have recently modified their holdings of the company. Pictet Asset Management Holding SA bought a new stake in shares of Everforth during the 3rd quarter valued at $241,000. Ethic Inc. increased its holdings in Everforth by 10.8% in the 3rd quarter. Ethic Inc. now owns 11,207 shares of the company’s stock valued at $369,000 after acquiring an additional 1,092 shares during the last quarter. Finally, Crescent Grove Advisors LLC bought a new stake in shares of Everforth in the 3rd quarter worth about $408,000. 95.36% of the stock is currently owned by institutional investors.
About Everforth
Everforth is a technology and digital engineering company that aims to help companies adapt and thrive in a world of constant change. The company combines industry expertise with in-demand solutions with the goal of driving meaningful outcomes for their customers.
In order to help commercial and government customers find success, Everforth provides tailored technology solutions that help their clients move faster and innovate with purpose. Their solutions fall into a variety of categories, including AI and Data Analytics, Cloud and Infrastructure, Cybersecurity, and Enterprise Platforms.
Featured Articles
- Five stocks we like better than Everforth
- Bloom Energy: The Off-Grid Answer to AI’s Power Drain
- Space Race 2.0: Intuitive Machines Secures Another NASA Contract
- Zebra Technologies’ Sell-Off: 3 Factors Investors May Be Missing
- Advanced Micro Devices’ Q3 Results Answer a Big Question, But Another Remains
Receive News & Ratings for Everforth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everforth and related companies with MarketBeat.com's FREE daily email newsletter.
