Evergy Inc (NASDAQ: EVRG) Now -3.72% Off Its High ($69.93), Does Analysts See Headwinds And Risks?

Evergy Inc (NASDAQ:EVRG) currently has a daily average trading volume of 2.17M but it saw 1872831 shares traded in last market. With a market cap of 15.49B USD, the company’s current market price of $67.33 came rising about 1.75 while comparing to the previous closing price of $66.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $69.93 and as low as $49.55. In the recent trading on the day, stock has struck highest price mark of $66.3287 while lowest mark touched by it was $67.53.

Taking a look at 20-day trading activity of Evergy Inc (EVRG) gives us an average price of $67.16, while its current price level is -3.72% below from 52-week high level whereas it is 35.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $65.94 while that of 200 days or SMA-200 reads an average of $60.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.64% during that period while stretching the period over a month that increases to 1.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.20 which implies that the stock is in neutral territory.

Ladenburg Thalmann upgraded its recommendation for the stock as a “Buy” from “Neutral” on January 02, 2025 while assigning a price target range of $59-$68.50. Mizuho issued its recommendations for the stock as it initiated the price target for the stock is $67.

Over the week, EVRG’s stock price is moving -0.63% down while it is -2.15% when we observe its performance for the past one month. Year-to-date it is 9.39% up and over the past year, the stock is showing an upside performance of 30.41%.

The company is expected to be releasing its next quarterly report on 2025-Feb-26, for which analysts forecasted an EPS of 0.65 while estimate for next year EPS is 4.03. In next quarter, company is expected to be making quarterly sales of $1.45B as analysts are expecting the sales for current fiscal year at $5.97B and seeing the company making $6.23B in sales next year. Moreover, analysts are in estimates of $1.21B for current-quarter revenue.

Currently, Evergy Inc’s total number of outstanding shares is 229.98M with 0.22% of that held by the insiders while 89.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.99% and return on equity (ROE) at 8.91%. It has a price to earnings ratio (P/E ratio) of 17.77 while having a 15.74 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 2.66. Its return on asset (ROA) is 2.65% on average.