The stock of Evergy Inc (EVRG) has seen a 1.83% increase in the past week, with a -4.47% drop in the past month, and a 0.13% flourish in the past quarter. The volatility ratio for the week is 1.57%, and the volatility levels for the past 30 days are at 1.34% for EVRG. The simple moving average for the last 20 days is -1.21% for EVRG stock, with a simple moving average of 7.42% for the last 200 days.
Is It Worth Investing in Evergy Inc (NASDAQ: EVRG) Right Now?
The price-to-earnings ratio for Evergy Inc (NASDAQ: EVRG) is above average at 16.64x, Company’s 36-month beta value is 0.62.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 0 as “sell.”
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
The public float for EVRG is 226.73M, and currently, short sellers hold a 4.00% ratio of that floaft. The average trading volume of EVRG on December 26, 2024 was 1.88M shares.
EVRG) stock’s latest price update
The stock of Evergy Inc (NASDAQ: EVRG) has decreased by -0.23 when compared to last closing price of 61.75. Despite this, the company has experienced a 1.83% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-17 that Given their stable performance and capacity to raise shareholder value, investors may bet on NJR, D and EVRG for consistent income.
Analysts’ Opinion of EVRG
Many brokerage firms have already submitted their reports for EVRG stocks, with Mizuho repeating the rating for EVRG by listing it as a “Outperform.” The predicted price for EVRG in the upcoming period, according to Mizuho is $67 based on the research report published on October 29, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see EVRG reach a price target of $70. The rating they have provided for EVRG stocks is “Buy” according to the report published on September 20th, 2024.
Ladenburg Thalmann gave a rating of “Neutral” to EVRG, setting the target price at $51 in the report published on April 04th of the current year.
EVRG Trading at -0.99% 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 -5.90% of loss for the given period.
Volatility was left at 1.34%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares sank -5.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.91% upper at present.
During the last 5 trading sessions, EVRG rose by +1.64%, which changed the moving average for the period of 200-days by +19.93% in comparison to the 20-day moving average, which settled at $62.36. In addition, Evergy Inc saw 18.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EVRG starting from KING CHARLES L, who sale 2,300 shares at the price of $65.22 back on Nov 27 ’24. After this action, KING CHARLES L now owns 14,634 shares of Evergy Inc, valued at $150,008 using the latest closing price.
Charles Lynn King, the Officer of Evergy Inc, proposed sale 2,300 shares at $64.84 during a trade that took place back on Nov 27 ’24, which means that Charles Lynn King is holding shares at $149,132 based on the most recent closing price.
Stock Fundamentals for EVRG
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.42 for the gross margin
The net margin for Evergy Inc stands at 0.15. The total capital return value is set at 0.05. Equity return is now at value 8.63, with 2.72 for asset returns.
Based on Evergy Inc (EVRG), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is 2.59.
Currently, EBITDA for the company is 2.42 billion with net debt to EBITDA at 1.26. When we switch over and look at the enterprise to sales, we see a ratio of 3.02. The receivables turnover for the company is 14.24for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
In a nutshell, Evergy Inc (EVRG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
