Professional
Added to YB: 2025-04-28
Pitch date: 2025-04-11
ECG [bullish]
Everus Construction Group, Inc.
+127.28%
current return
Author Info
No bio for this author
Company Info
Everus Construction Group, Inc. provides contracting services in the United States. It operates through two segments, Electrical & Mechanical and Transmission & Distribution.
Market Cap
$4.1B
Pitch Price
$39.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.67
P/E
24.72
EV/Sales
1.33
Sector
Construction and Engineering
Category
value
Middle Coast Investing New Position: Everus Construction Group, Inc.
ECG (new position): Construction company for power/pipeline infrastructure trading at 14.7x 2025E due to earnings miss (-3.8%) & sector fears. Revenue +41% YoY with backlog +38%. Newly spun-off from MDU ($1.9B cap), undervalued vs fair value $60-70. Risks: reliance on renewables, AI boom, Biden admin bills. Bought $39-48, now $37.09.
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