Evergy Inc. [NYSE: EVRG] traded at a low on 06/15/20, posting a -1.22 loss after which it closed the day’ session at $59.35. The results of the trading session contributed to over 2217959 shares changing hands. Over the past one week, the price volatility of Evergy Inc. stands at 3.33% while the volatility over the past one month is 2.75%.
The market cap for EVRG stock reached $13.65 billion, with 227.10 million shares outstanding and 226.12 million shares in the current float. Compared to the average trading volume of 2.52M shares, EVRG reached a trading volume of 2217959 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Evergy Inc. [EVRG]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVRG shares is $65.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVRG stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Evergy Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 04, 2020. The new note on the price target was released on March 03, 2020, representing the official price target for Evergy Inc. stock.
The Average True Range (ATR) for Evergy Inc. is set at 2.10, with the Price to Sales ratio for EVRG stock in the period of the last 12 months amounting to 2.70. The Price to Book ratio for the last quarter was 1.58, with the Price to Cash per share for the same quarter was set at 1.32.
How has EVRG stock performed recently?
Evergy Inc. [EVRG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.83. With this latest performance, EVRG shares gained by 4.71% in over the last four-week period, additionally sinking by -4.49% over the last 6 months – not to mention a drop of -2.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVRG stock in for the last two-week period is set at 44.27, with the RSI for the last a single of trading hit 38.56, and the three-weeks RSI is set at 47.72 for Evergy Inc. [EVRG]. The present Moving Average for the last 50 days of trading for this stock 59.44, while it was recorded at 61.48 for the last single week of trading, and 63.36 for the last 200 days.
Evergy Inc. [EVRG]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Evergy Inc. [EVRG] shares currently have an operating margin of +23.04 and a Gross Margin at +30.14. Evergy Inc.’s Net Margin is presently recorded at +13.01.
Return on Total Capital for EVRG is now 6.38, given the latest momentum, and Return on Invested Capital for the company is 3.92. Return on Equity for this stock inclined to 7.20, with Return on Assets sitting at 2.60. When it comes to the capital structure of this company, Evergy Inc. [EVRG] has a Total Debt to Total Equity ratio set at 117.83. Additionally, EVRG Total Debt to Total Capital is recorded at 54.09, with Total Debt to Total Assets ending up at 38.88. Long-Term Debt to Equity for the company is recorded at 103.78, with the Long-Term Debt to Total Capital now at 47.64.
Reflecting on the efficiency of the workforce at the company, Evergy Inc. [EVRG] managed to generate an average of $145,094 per employee. Receivables Turnover for the company is 8.05 with a Total Asset Turnover recorded at a value of 0.20.Evergy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.
Earnings analysis for Evergy Inc. [EVRG]
With the latest financial reports released by the company, Evergy Inc. posted 0.58/share EPS, while the average EPS was predicted by analysts to be reported at 0.56/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVRG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Evergy Inc. go to 3.90%.
Insider trade positions for Evergy Inc. [EVRG]
There are presently around $11,460 million, or 85.20% of EVRG stock, in the hands of institutional investors. The top three institutional holders of EVRG stocks are: VANGUARD GROUP INC with ownership of 31,077,156, which is approximately 2.809% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 17,962,336 shares of the stock with an approximate value of $1.08 billion in EVRG stocks shares; and STATE STREET CORP, currently with $738.95 million in EVRG stock with ownership of nearly -0.332% of the company’s market capitalization.
Positions in Evergy Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 242 institutional holders increased their position in Evergy Inc. [NYSE:EVRG] by around 22,656,899 shares. Additionally, 308 investors decreased positions by around 25,712,749 shares, while 116 investors held positions by with 142,369,167 shares. The mentioned changes placed institutional holdings at 190,738,815 shares, according to the latest SEC report filing. EVRG stock had 60 new institutional investments in for a total of 4,809,990 shares, while 76 institutional investors sold positions of 5,431,882 shares during the same period.