On Tuesday, Evergy Inc (NASDAQ: EVRG) opened higher 0.54% from the last session, before settling in for the closing price of $64.49. Price fluctuations for EVRG have ranged from $48.04 to $64.95 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 5.61% annually for the last half of the decade. Company’s average yearly earnings per share was noted 8.49% at the time writing. With a float of $226.72 million, this company’s outstanding shares have now reached $229.73 million.
In an organization with 4658 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 42.08%, operating margin of 24.74%, and the pretax margin is 15.15%.
Evergy Inc (EVRG) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Evergy Inc is 1.41%, while institutional ownership is 86.18%. The most recent insider transaction that took place on Nov 13 ’24, was worth 3,029,552. In this transaction EVP – CORPORATE INITIATIVES of this company sold 48,141 shares at a rate of $62.93, taking the stock ownership to the 1 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Officer proposed sale 48,141 for $63.68, making the entire transaction worth $3,065,619.
Evergy Inc (EVRG) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.27 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.28) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.49% 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
Check out the current performance indicators for Evergy Inc (EVRG). In the past quarter, the stock posted a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.70, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 4.04 in one year’s time.
Technical Analysis of Evergy Inc (EVRG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.8 million. That was inferior than the volume of 2.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.25%. Additionally, its Average True Range was 0.92.
During the past 100 days, Evergy Inc’s (EVRG) raw stochastic average was set at 99.10%, which indicates a significant increase from 97.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.15% in the past 14 days, which was lower than the 14.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.62, while its 200-day Moving Average is $56.14. However, in the short run, Evergy Inc’s stock first resistance to watch stands at $65.07. Second resistance stands at $65.31. The third major resistance level sits at $65.72. If the price goes on to break the first support level at $64.42, it is likely to go to the next support level at $64.01. Assuming the price breaks the second support level, the third support level stands at $63.77.
Evergy Inc (NASDAQ: EVRG) Key Stats
There are currently 229,976K shares outstanding in the company with a market cap of 14.91 billion. Presently, the company’s annual sales total 5,508 M according to its annual income of 731,300 K. Last quarter, the company’s sales amounted to 1,811 M and its income totaled 465,600 K.
