A share price of Evergy Inc [EVRG] is currently trading at $50.53, up 1.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EVRG shares have lost -2.23% over the last week, with a monthly amount drifted -2.38%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Evergy Inc [NASDAQ: EVRG] stock has seen the most recent analyst activity on April 04, 2024, when Ladenburg Thalmann initiated its Neutral rating and assigned the stock a price target of $51. Previously, Citigroup started tracking the stock with Buy rating on March 26, 2024, and set its price target to $64. On March 13, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $57 on the stock. Guggenheim downgraded its rating to a Neutral but stick to its price target of $52 on January 22, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $60 on January 09, 2024. Barclays upgraded its rating to Overweight for this stock on January 02, 2024, and upped its price target to $56. In a note dated October 03, 2023, BofA Securities upgraded an Neutral rating on this stock and revised its target price from $52 to $49.
Evergy Inc experienced fluctuations in its stock price throughout the past year between $46.92 and $63.84. Currently, Wall Street analysts expect the stock to reach $58.5 within the next 12 months. Evergy Inc [NASDAQ: EVRG] shares were valued at $50.53 at the most recent close of the market. An investor can expect a potential return of 15.77% based on the average EVRG price forecast.
Analyzing the EVRG fundamentals
Trailing Twelve Months sales for Evergy Inc [NASDAQ:EVRG] were 5.51B which represents -7.17% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.93 points at the first support level, and at 49.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.90, and for the 2nd resistance point, it is at 51.27.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Evergy Inc [NASDAQ:EVRG] is 0.51. Also, the Quick Ratio is 0.29, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 15.91.
Transactions by insiders
Recent insider trading involved Landrieu Mary L., Director, that happened on Jun 14 ’23 when 1170.0 shares were sold. SVP & CHIEF HRO & CHIEF DO, Elwell Lesley Lissette completed a deal on May 25 ’23 to sell 1328.0 shares. Meanwhile, Director Lawrence Sandra AJ sold 2523.0 shares on May 12 ’23.
