From Yahoo Finance: 2025-04-01 08:39:00

Everus Construction Group, Inc. (ECG) is trading at $37.09 with a forward P/E of 15.02. Post spin-off from MDU Resources, ECG shows strong potential in the engineering sector. With a focus on power grid expansion, the company is positioned for growth amid increasing electricity demand.

ECG’s financials support a bullish outlook, with $2.8 billion in 2024 revenue and a projected $3.0–$3.1 billion in 2025 revenue. Backlogs are up 38% year over year, indicating strong demand. Compared to peer Construction Partners Inc. (ROAD), ECG appears undervalued, offering substantial upside potential.

Insider activity, including CFO purchases, signals confidence in ECG’s future. With a clean balance sheet and projected EBITDA of $210–$225 million in 2025, the company is focused on growth through acquisitions. Despite not being a popular hedge fund stock, ECG offers strong potential in the AI sector.

For investors seeking AI stocks with promising returns, ECG may offer long-term growth potential. However, other AI stocks with lower valuations could provide higher returns in a shorter timeframe. Consider exploring cheaper AI stocks for investment opportunities.

Read more: Everus Construction Group, Inc. (ECG): A Bull Case Theory