Evergy Inc (EVRG) posted a -1.94% change over the last five days signaling a new trend

On Monday, Evergy Inc (NASDAQ: EVRG) was 0.35% up from the session before settling in for the closing price of $59.58. A 52-week range for EVRG has been $47.97 – $62.58.

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During the last 5-year period, the sales growth of Utilities Sector giant was 5.61%. When this article was written, the company’s average yearly earnings per share was at 8.47%. With a float of $225.97 million, this company’s outstanding shares have now reached $229.73 million.

Let’s determine the extent of company efficiency that accounts for 4658 employees. In terms of profitability, gross margin is 40.23%, operating margin of 22.85%, and the pretax margin is 13.32%.

Evergy Inc (EVRG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Evergy Inc stocks. The insider ownership of Evergy Inc is 1.74%, while institutional ownership is 84.81%. The most recent insider transaction that took place on Sep 03 ’24, was worth 550,753. In this transaction SVP – PA & CHIEF CO of this company sold 9,236 shares at a rate of $59.63, taking the stock ownership to the 33,425 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 9,236 for $59.58, making the entire transaction worth $550,269.

Evergy Inc (EVRG) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.88 earnings per share (EPS) during the time that was better than consensus figure (set at 1.84) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.40% during the next five years compared to 4.86% growth over the previous five years of trading.

Evergy Inc (NASDAQ: EVRG) Trading Performance Indicators

You can see what Evergy Inc (EVRG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.21, a number that is poised to hit 1.94 in the next quarter and is forecasted to reach 4.04 in one year’s time.

Technical Analysis of Evergy Inc (EVRG)

Looking closely at Evergy Inc (NASDAQ: EVRG), its last 5-days average volume was 1.72 million, which is a drop from its year-to-date volume of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 16.81%. Additionally, its Average True Range was 0.82.

During the past 100 days, Evergy Inc’s (EVRG) raw stochastic average was set at 73.41%, which indicates a significant increase from 19.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.26% in the past 14 days, which was higher than the 13.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $60.57, while its 200-day Moving Average is $55.07. However, in the short run, Evergy Inc’s stock first resistance to watch stands at $59.99. Second resistance stands at $60.18. The third major resistance level sits at $60.56. If the price goes on to break the first support level at $59.41, it is likely to go to the next support level at $59.03. Now, if the price goes above the second support level, the third support stands at $58.84.

Evergy Inc (NASDAQ: EVRG) Key Stats

There are 229,958K outstanding shares of the company, which has a market capitalization of 13.55 billion. As of now, sales total 5,508 M while income totals 731,300 K. Its latest quarter income was 1,448 M while its last quarter net income were 207,000 K.