ECG

Everus Construction Group Inc

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Advanced Chart

60.930

+0.630(+1.040%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

61.050

Open

59.300

VWAP

59.86

Vol

673.18K

Mkt Cap

3.11B

Low

59.300

Amount

40.30M

EV/EBITDA(TTM)

13.15

Total Shares

51.00M

2.83B

EV/OCF(TTM)

P/S(TTM)

0.92

Everus Construction Group, Inc. is a construction solutions provider offering specialty contracting services to a set of end markets across the United States. Its segments are Electrical & Mechanical (E&M) and Transmission & Distribution (T&D). Its E&M segment offers a variety of specialty contracting services, including construction and maintenance of electrical and communication wiring, fire suppression systems, and mechanical piping and services to customers in both the public and private sectors. Its T&D segment specializes in transmission and distribution construction and offers a set of specialty contracting services, including the construction and maintenance of overhead and underground electrical, gas and communication infrastructure. T&D segment also designs, manufactures, sells and rents overhead and underground line-stringing equipment and tools. T&D segment also provides solutions across excavation and underground boring, substations, signals and lighting, and others.

3 Analyst Rating

-5.35% Downside

Wall Street analysts forecast ECG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ECG is 57.67 USD with a low forecast of 55.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

1 Hold

0 Sell

Moderate Buy

-5.35% Downside

Current: 60.930

Low

55.00

Averages

57.67

High

60.00

-5.35% Downside

Current: 60.930

Low

55.00

Averages

57.67

High

60.00

Stifel

Brian Brophy

Strong Buy

Maintains

$67 → $55

2025-04-09

Reason

Stifel

Brian Brophy

Price Target

$67 → $55

2025-04-09

Maintains

Strong Buy

Reason

Stifel analyst Brian Brophy lowered the firm's price target on Everus Construction to $55 from $67 and keeps a Buy rating on the shares. Following the firm's Q1 Transmission and Distribution Engineering and Construction survey, the firm says respondent commentary highlighted a slightly softer Q1, relative strength from data centers, concerns over material pricing due to tariffs, and "particularly healthy backlogs." The firm believes tariffs have also created incremental risk for the clean energy outlook and related T&D work, but stockpiling of materials among large developers likely supports activity this year, the analyst added in a note on the group in which the firm trimmed several price targets.

Stifel

Brian Brophy

Strong Buy

Maintains

$85 → $67

2025-02-13

Reason

Stifel

Brian Brophy

Price Target

$85 → $67

2025-02-13

Maintains

Strong Buy

Reason

Stifel

Brian Brophy

Strong Buy

Maintains

$78 → $85

2025-01-24

Reason

Stifel

Brian Brophy

Price Target

$78 → $85

2025-01-24

Maintains

Strong Buy

Reason

Oppenheimer

Ian Zaffino

Buy

Maintains

$70 → $80

2025-01-07

Reason

Oppenheimer

Ian Zaffino

Price Target

$70 → $80

2025-01-07

Maintains

Buy

Reason

Oppenheimer analyst Ian Zaffino raised the firm's price target on Everus Construction to $80 from $70 and keeps an Outperform rating on the shares. The firm believes Everus Construction remains well positioned to benefit from numerous megatrends, including grid hardening, data center construction, and onshoring. Its backlog is up 56% year-over-year as of Q3 2024, well ahead of the company's long-term targets calling for revenue/EBITDA growth of 5%-7%/7%-9%, Oppenheimer adds.

Stifel

Brian Brophy

Strong Buy

Maintains

$71 → $78

2024-12-11

Reason

Stifel

Brian Brophy

Price Target

$71 → $78

2024-12-11

Maintains

Strong Buy

Reason

Oppenheimer

Ian Zaffino

Buy

Initiates

$70

2024-12-04

Reason

Oppenheimer

Ian Zaffino

Price Target

$70

2024-12-04

Initiates

Buy

Reason

Oppenheimer analyst Ian Zaffino initiated coverage of Everus Construction with an Outperform rating and $70 price target. The firm views Everus as "interesting investment opportunity" following the spinoff from MDU Resources. The company is "under-levered and no longer capital-starved," so it can take full advantage of numerous tailwinds, including data centers, grid modernization, on-shoring and energy transition, the analyst tells investors in a research note. The firm believes the company can accelerate growth trough greater penetration in existing markets and more project work in higher-growth sub-markets.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Everus Construction Group Inc (ECG.N) is 25.55, compared to its 5-year average forward P/E of 21.21. For a more detailed relative valuation and DCF analysis to assess Everus Construction Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

21.21

Current PE

25.55

Overvalued PE

26.18

Undervalued PE

16.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

13.77

Current EV/EBITDA

15.97

Overvalued EV/EBITDA

16.94

Undervalued EV/EBITDA

10.59

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.93

Current PS

1.02

Overvalued PS

1.17

Undervalued PS

0.68