Evergy Inc (NASDAQ: EVRG)’s stock price has gone rise by 0.61 in comparison to its previous close of 69.01, however, the company has experienced a 3.12% increase in its stock price over the last five trading days. seekingalpha.com reported 2025-02-27 that Evergy, Inc. (NASDAQ:EVRG ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Corporate Participants Peter Flynn – Director, IR David Campbell – Chairman & Chief Executive Officer Bryan Buckler – EVP & Chief Financial Officer Conference Call Participants Shahriar Pourreza – Guggenheim Partners Julien Dumoulin-Smith – Jefferies Durgesh Chopra – Evercore Michael Sullivan – Wolfe Travis Miller – Morningstar Nicholas Campanella – Barclays Operator Good day and thank you for standing by. Welcome to the Q4 2024 Evergy, Inc., Earnings Conference Call.
Is It Worth Investing in Evergy Inc (NASDAQ: EVRG) Right Now?
Evergy Inc (NASDAQ: EVRG) has a higher price-to-earnings ratio of 18.32x compared to its average ratio. EVRG has 36-month beta value of 0.51. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for EVRG is 226.71M, and currently, short sellers hold a 3.92% ratio of that float. The average trading volume of EVRG on April 03, 2025 was 2.21M shares.
EVRG’s Market Performance
The stock of Evergy Inc (EVRG) has seen a 3.12% increase in the past week, with a 2.56% rise in the past month, and a 12.86% gain in the past quarter. The volatility ratio for the week is 1.28%, and the volatility levels for the past 30 days are at 1.66% for EVRG.. The simple moving average for the past 20 days is 3.31% for EVRG’s stock, with a 13.12% simple moving average for the past 200 days.
Analysts’ Opinion of EVRG
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see EVRG reach a price target of $68.50, previously predicting the price at $59. The rating they have provided for EVRG stocks is “Buy” according to the report published on January 02nd, 2025.
Mizuho gave a rating of “Outperform” to EVRG, setting the target price at $67 in the report published on October 29th of the previous year.
EVRG Trading at 4.35% 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 -0.72% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.28%, as shares surge +3.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.12% upper at present.
During the last 5 trading sessions, EVRG rose by +3.12%, which changed the moving average for the period of 200-days by +31.10% in comparison to the 20-day moving average, which settled at $67.20. In addition, Evergy Inc saw 12.80% 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
- 0.47 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 8.91, with 2.65 for asset returns.
Based on Evergy Inc (EVRG), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.41. The interest coverage ratio of the stock is 2.61.
Currently, EBITDA for the company is 2.64 billion with net debt to EBITDA at 5.32. When we switch over and look at the enterprise to sales, we see a ratio of 5.13. The receivables turnover for the company is 22.81for 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 0.50.
Conclusion
To put it simply, Evergy Inc (EVRG) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
