A new trading day began on Friday, with Evergy Inc (NASDAQ: EVRG) stock price down -0.34% from the previous day of trading, before settling in for the closing price of $62.12. EVRG’s price has ranged from $48.04 to $65.47 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 5.61%. Meanwhile, its annual earnings per share averaged 8.41%. With a float of $226.73 million, this company’s outstanding shares have now reached $229.97 million.
Let’s determine the extent of company efficiency that accounts for 4658 employees. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. 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 27 ’24, was worth 150,008. In this transaction SVP & CHIEF TECHNOLOGY OFFICER of this company sold 2,300 shares at a rate of $65.22, taking the stock ownership to the 14,634 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 2,300 for $64.84, making the entire transaction worth $149,132.
Evergy Inc (EVRG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.41% 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
Here are Evergy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.70, a number that is poised to hit 0.42 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 2.33 million, which is a jump from its year-to-date volume of 2.05 million. As of the previous 9 days, the stock’s Stochastic %D was 16.20%. Additionally, its Average True Range was 0.85.
During the past 100 days, Evergy Inc’s (EVRG) raw stochastic average was set at 62.88%, which indicates a significant increase from 8.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.14% in the past 14 days, which was lower than the 13.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.98, while its 200-day Moving Average is $56.93. However, in the short run, Evergy Inc’s stock first resistance to watch stands at $62.40. Second resistance stands at $62.89. The third major resistance level sits at $63.15. If the price goes on to break the first support level at $61.65, it is likely to go to the next support level at $61.39. Should the price break the second support level, the third support level stands at $60.90.
Evergy Inc (NASDAQ: EVRG) Key Stats
With a market capitalization of 14.19 billion, the company has a total of 229,976K Shares Outstanding. Currently, annual sales are 5,508 M while annual income is 731,300 K. The company’s previous quarter sales were 1,811 M while its latest quarter income was 465,600 K.
