Evergy Inc. (NYSE:EVRG) went up by 0.16% from its latest closing price compared to the recent 1-year high of $65.43. The company’s stock price has collected 3.18% of gains in the last five trading sessions. MarketWatch.com reported on 03/12/21 that Evergy Inc. stock outperforms competitors on strong trading day
Is It Worth Investing in Evergy Inc. (NYSE :EVRG) Right Now?
Evergy Inc. (NYSE:EVRG) scored a price-to-earnings ratio above its average ratio, recording 22.54 x from its present earnings ratio. Plus, the 36-month beta value for EVRG is at 0.34. Opinions of the stock are interesting as 5 analysts out of 8 who provided ratings for Evergy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $61.29, which is $0.03 above the current price. EVRG currently public float of 226.17M and currently shorts hold a 1.23% ratio of that float. Today, the average trading volume of EVRG was 1.81M shares.
EVRG’s Market Performance
EVRG stocks went up by 3.18% for the week, with a monthly jump of 8.87% and a quarterly performance of 14.21%, while its annual performance rate touched 5.84%. The volatility ratio for the week stands at 1.67% while the volatility levels for the past 30 days are set at 1.83% for Evergy Inc.. The simple moving average for the period of the last 20 days is 3.87% for EVRG stocks with a simple moving average of 10.17% for the last 200 days.
Analysts’ Opinion of EVRG
Many brokerage firms have already submitted their reports for EVRG stocks, with Wells Fargo repeating the rating for EVRG by listing it as a “Overweight.” The predicted price for EVRG in the upcoming period, according to Wells Fargo is $60 based on the research report published on October 15th of the previous year 2020.
Goldman, on the other hand, stated in their research note that they expect to see EVRG reach a price target of $58. The rating they have provided for EVRG stocks is “Neutral” according to the report published on September 02nd, 2020.
EVRG Trading at 9.11% from the 50-Day Moving Average
After a stumble in the market that brought EVRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.37% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares surge +8.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.90% upper at present.
During the last 5 trading sessions, EVRG rose by +3.18%, which changed the moving average for the period of 200-days by +3.22% in comparison to the 20-day moving average, which settled at $59.22. In addition, Evergy Inc. saw 10.36% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EVRG starting from KING CHARLES L, who sale 1,000 shares at the price of $57.63 back on Mar 12. After this action, KING CHARLES L now owns 7,580 shares of Evergy Inc., valued at $57,632 using the latest closing price.
Lawrence Sandra AJ, the Director of Evergy Inc., sale 250 shares at $57.12 during a trade that took place back on Mar 12, which means that Lawrence Sandra AJ is holding 480 shares at $14,280 based on the most recent closing price.
Stock Fundamentals for EVRG
Current profitability levels for the company are sitting at:
- +23.28 for the present operating margin
- +30.69 for the gross margin
The net margin for Evergy Inc. stands at +12.58. The total capital return value is set at 6.05, while invested capital returns managed to touch 3.48. Equity return is now at value 7.10, with 2.30 for asset returns.
Based on Evergy Inc. (EVRG), the company’s capital structure generated 119.77 points at debt to equity in total, while total debt to capital is 54.50. Total debt to assets is 38.58, with long-term debt to equity ratio resting at 106.59. Finally, the long-term debt to capital ratio is 48.50.
When we switch over and look at the enterprise to sales, we see a ratio of 4.67, with the company’s debt to enterprise value settled at 0.46. The receivables turnover for the company is 7.28 and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.