Detailed Review Of Prospects For Evergy Inc Stock

Evergy Inc [EVRG] stock is trading at $66.22, up 0.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EVRG shares have gain 2.97% over the last week, with a monthly amount glided 10.55%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Evergy Inc [NASDAQ: EVRG] stock has seen the most recent analyst activity on January 23, 2025, when Guggenheim upgraded its rating to a Buy. Previously, Ladenburg Thalmann upgraded its rating to Buy on January 02, 2025, and elevated its price target to $68.50. On October 29, 2024, Mizuho initiated with a Outperform rating and assigned a price target of $67 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $70 on September 20, 2024. Ladenburg Thalmann initiated its recommendation with a Neutral and recommended $51 as its price target on April 04, 2024. Citigroup started tracking with a Buy rating for this stock on March 26, 2024, and assigned it a price target of $64. In a note dated March 13, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $51 to $57.

Evergy Inc [EVRG] stock has fluctuated between $48.17 and $65.82 over the past year. Currently, Wall Street analysts expect the stock to reach $68.5 within the next 12 months. Evergy Inc [NASDAQ: EVRG] shares were valued at $66.22 at the most recent close of the market. An investor can expect a potential return of 3.44% based on the average EVRG price forecast.

Analyzing the EVRG fundamentals

Evergy Inc [NASDAQ:EVRG] reported sales of 5.80B for the trailing twelve months, which represents a growth of 9.16%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 65.48 points at the first support level, and at 64.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.61, and for the 2nd resistance point, it is at 66.99.

Ratios To Look Out For

For context, Evergy Inc’s Current Ratio is 0.55. In addition, the Quick Ratio stands at 0.32 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 1.52 and price to earnings (TTM) ratio is 17.89.

Transactions by insiders

Recent insider trading involved KING CHARLES L, SVP & CHIEF TECHNOLOGY OFFICER, that happened on Nov 27 ’24 when 2300.0 shares were sold. Officer, Charles Lynn King completed a deal on Nov 27 ’24 to buy 2300.0 shares. Meanwhile, EVP – CORPORATE INITIATIVES Bryant Kevin E. sold 48141.0 shares on Nov 13 ’24.

Related Posts