The Evergy, Inc. (NYSE:EVRG) is going down by -0.09% in today’s trading session, a fall equivalent to -0.06% of the stock’s price from yesterday’s market close. A news came out on 08/20/19 stating that Local Utility Debuts Evergy Brand With Community Focus by WSJ. The lowest point that the shares touched during the trading session was $65.18, while the peak of the day was recorded at a share price of $65.58. EVRG finished the previous session at $65.55 according to the data provided by Barchart, while the trading volume was observed to be $1,211,973.
In the 100 days of trading, EVRG managed to top a 61.32% Moving average. Additionally, Evergy, Inc. shares have achieved a 52-week range between 54.19 and 66.01 alongside 100 days raw stochastic set at 89.51%.
The number of shares outstanding, according to the fundamentals of the company, is set at 237.92M, equal to the value of $15.60B in market capitalization. In the last 30 days, Evergy, Inc. shares went down by -1.36%, adding 66.38 to growth in value, on top of a +3.36% boost since 08/20/19.
Evergy, Inc. (NYSE:EVRG) Analyst’s Estimates
Evergy, Inc. (EVRG) could record at least $1.50 per share in quarterly earnings in the upcoming report, a number that would actually represent an increase of 9.13% YOY.
According to the average analyst rating, Evergy, Inc. would be rated as Overweight. Out of 10 different analysts monitoring EVRG stock, 6 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 0 indicate that EVRG is an OVERWEIGHT, 1 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On Aug-15-19, the stock earned a Downgrade rating due to a new analyst call from Wells Fargo, while analysts from BofA/Merrill believe that the stock is set at Buy from Neutral, as concluded on Feb-12-19. Goldman, is still rather wary about the stock, deciding to keep the rating at Sell as confirmed through a call on Jan-04-19.
EVRG Key Ratios To Watch:
Beta value of the stock is recorded at 0.17. Additionally, Evergy, Inc. is recording price volatility of 1.03% for the period of the last seven days and 1.30% in the last 30 days.
Evergy, Inc. (NYSE:EVRG) Technical Outlook
For the period of the last 50 days, Evergy, Inc. had its Raw Stochastic average set at 86.73% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 70.30%. Stochastic %K for Evergy, Inc., with the last 20 days included, was set at 73.56%, having Stochastic %D topping 63.07%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Evergy, Inc. stocks with recording 15.47% in metrics.
Evergy, Inc. Insider Watch:
Similarly, 86.80% of the company’s float is held by institutions – and there are 796 institutions in total holding shares of this company. The top three institutional holders of EVRG stocks are: Vanguard Group, Inc. (The) with ownership of $1.87 billion, which is approximately 31,166,120 of the company’s shares; Blackrock Inc., holding 20,074,496 shares of the stock with an approximate value of $1.21 billion; and State Street Corporation, currently with more than 12,319,174 shares of the company valued at $741.0 million. Positions in Evergy, Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 7 insider purchases amounting to 20,060 shares. Similarly, there were 7 sale transactions amounting to 23,000 shares, with the net shares purchased during the last six months reaching -2,940.