Everforth (NYSE:EFOR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Everforth (NYSE:EFOR) from a hold rating to a buy rating in a research note released on Saturday morning,Wall Street Zen reports.

Other equities research analysts also recently issued research reports about the stock. Wells Fargo & Company boosted their price objective on shares of Everforth from $26.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, October 29th. UBS Group upped their price target on Everforth from $17.00 to $19.00 and gave the stock a “sell” rating in a research report on Thursday, October 29th. Zacks Research cut Everforth from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. BMO Capital Markets upped their price target on shares of Everforth from $30.00 to $41.00 and gave the stock a “market perform” rating in a research report on Friday, October 9th. Finally, Weiss Ratings upgraded shares of Everforth from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, September 28th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Everforth presently has a consensus rating of “Reduce” and an average target price of $33.83.

Everforth Stock Performance

EFOR stock opened at $37.47 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.13 and a current ratio of 2.13. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 10.04 and a beta of 0.48. The firm’s fifty day simple moving average is $34.89. Everforth has a 52 week low of $16.90 and a 52 week high of $54.94.

Everforth (NYSE:EFOR) last released its quarterly earnings data on Wednesday, October 28th. The company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.09. The firm had revenue of $1.03 billion during the quarter. Everforth had a return on equity of 8.93% and a net margin of 1.71%. Everforth’s revenue was up 2.0% compared to the same quarter last year. As a group, analysts forecast that Everforth will post 3.74 EPS for the current year.

Institutional Trading of Everforth

An institutional investor recently bought a new stake in Everforth stock. Crescent Grove Advisors LLC acquired a new position in shares of Everforth (NYSE:EFOR) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,400 shares of the company’s stock, valued at approximately $408,000. 95.36% of the stock is owned by institutional investors and hedge funds.

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.