Evergy Inc. [EVRG] shares are down more than -15.07% this year and recently decreased -0.02% or -$0.82 to settle at $54.19. Analysts expect EVRG to grow earnings at a 5.90% annual rate over the next 5 years. EVRG has a short ratio of 4.03. This implies that the market is currently less bearish on the outlook for EVRG.
On 10, November 2020, Evergy Issues Statement. According to news published on Yahoo Finance, Evergy Committed to Doing What is in Best Interest of All Evergy Shareholders and Stakeholders.
Analyst Birdseye View:
The most recent analyst activity for Evergy Inc. [NYSE:EVRG] stock was on September 02, 2020, when it was Resumed with a Neutral rating from Goldman, which also raised its 12-month price target on the stock to $58. Before that, on October 15, 2020, Wells Fargo Recapitulated an Overweight rating and elevated its amount target to $60. On August 03, 2020, Wolfe Research Downgrade a Peer perform rating. On June 04, 2020, Evercore ISI Upgrade an Outperform rating and increased its price target to $69. On March 03, 2020, BofA/Merrill Upgrade a Buy rating. On November 25, 2019, Evercore ISI Downgrade an In-line rating. On November 20, 2019, BofA/Merrill Downgrade an Underperform rating. BofA/Merrill elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $42.01 and a peak of $76.57. Right now, according to Wall Street analyst the average 12-month amount target is $61.00. At the most recent market close, shares of Evergy Inc. [NYSE:EVRG] were valued at $54.19. According to the average price forecast, investors can expect a potential return of 2.08%.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 54.35 points at 1st support level, the second support level is making up to 53.70. But as of 1st resistance point, this stock is sitting at 56.31 and at 57.62 for 2nd resistance point.
Evergy Inc. [EVRG] reported its earnings at $1.73 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.57/share signifying the difference of 0.16 and 10.20% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.68 calling estimates for $0.68/share with the difference of 0 depicting the surprise of 0.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Evergy Inc. [NYSE:EVRG] is 0.90. Now if looking for a valuation of this stock’s showing 19.84 of P/E (TTM) ratio.
The most recent insider trade was by Caisley Charles A., SVP – MKTG & PA & CHIEF CO, and it was the sale of 1000.0 shares on Nov 11. KING CHARLES L, the SVP & CHIEF TECHNOLOGY OFFICER, completed a sale of 3030.0 shares on Nov 09. On May 18, Bryant Kevin E., EVP – CHIEF OPERATING OFFICER, completed a sale of 4000.0 shares.