Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $69.64 in the prior trading day, Evergy Inc (NASDAQ: EVRG) closed at $66.56, down -4.42%. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 6.28 million shares were traded.
Ratios:
Our goal is to gain a better understanding of EVRG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.20.
Ladenburg Thalmann Upgraded its Neutral to Buy on January 02, 2025, whereas the target price for the stock was revised from $59 to $68.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when KING CHARLES L sold 2,300 shares for $65.22 per share. The transaction valued at 150,008 led to the insider holds 14,634 shares of the business.
Charles Lynn King bought 2,300 shares of EVRG for $149,132 on Nov 27 ’24. On Nov 13 ’24, another insider, Bryant Kevin E., who serves as the EVP – CORPORATE INITIATIVES of the company, sold 48,141 shares for $62.93 each. As a result, the insider received 3,029,552 and left with 1 shares of the company.
Valuation Measures:
As of this moment, Evergy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.56, and their Forward P/E ratio for the next fiscal year is 15.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 1.54.
Stock Price History:
Over the past 52 weeks, EVRG has reached a high of $70.36, while it has fallen to a 52-week low of $52.10. The 50-Day Moving Average of the stock is -1.47%, while the 200-Day Moving Average is calculated to be 5.42%.
Shares Statistics:
A total of 229.98M shares are outstanding, with a floating share count of 226.71M. Insiders hold about 1.44% of the company’s shares, while institutions hold 87.52% stake in the company.