Evergy stock: buy or sell?
July 16th, 2019
Should I buy Evergy stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Evergy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Evergy stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 3 ratings published for EVRG stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-12||Bank of America||Neutral||Buy|
|2019-1-4||Goldman Sachs Group||Neutral||Sell|
Evergy stock analysis
Evergy stayed stable 0.10% to $61.04 after reaching all time highs on Wednesday.
Evergy stayed stable 0.10% to $61.04 after marking all time highs on Wednesday. Since price and SMA200d lines crossed up on March, EVRG climbed $6.10 (11.10%). On May, SMA50d and SMA100d crossed up triggering a rise of 6.71%. On Wednesday, EVRG hit new all time highs, pushing higher previous ATH of $61.88 recorded on July/3. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of Evergy remained constant a tight -0.16% this week.
Evergy stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Evergy marked last week. Since late April when EVRG stock price broke up the SMA40w line, it gained $4.93 (8.79%). Since SMA10d and SMA20w crossed up late April, EVRG price climbed $4.34 per share (7.65%).
Evergy stock price history
Evergy stock historical price chart
EVRG stock reached all-time highs on Wednesday with a price of $62.12.
Evergy stock price target is $61.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' EVRG stock price predictions in the hope that they will be met as they may be wrong and not met. Currently, only 1 price prediction for Evergy stock was published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-7||UBS Group||Raises Target||$58.00||$61.00||5.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Evergy didn't meet the expectations of the experts and reported a scary EPS of $0.08 per share when experts were expecting $0.24.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Evergy annual turnover skyrocketed an amazing 66.31% to $4,275.90 million dollars from $2,571.00 marked in 2017. Instead, its profit margin (compared to sales) stayed steady to 12.53%, that is $535.80 million.
|2014||$2,602 M||-||$313 M12.0%||-|
|2015||$2,459 M||-5.48%||$292 M11.9%||-6.81%|
|2016||$2,562 M||4.19%||$347 M13.5%||18.72%|
|2017||$2,571 M||0.35%||$324 M12.6%||-6.54%|
|2018||$4,276 M||66.31%||$536 M12.5%||65.42%|
Quarterly financial resultsEvergy posted $1,199.80 M in sales for 2018-Q4, a -24.18% less compared to previous quarter. Reported quarter earnings marked $18.50 M with a profit margin of 1.54%. Profit margin plummed a -20.89% compared to previous quarter when profit margin was 22.43%. When comparing sales to same quarter last year, Evergy sales marked a super good increase and climbed a 101.71%.
|2017-Q3||$794 M||-||$158 M19.9%||-|
|2017-Q4||$595 M||-25.12%||$34 M5.7%||-78.57%|
|2018-Q1||$600 M||0.91%||$60 M10.1%||78.32%|
|2018-Q2||$893 M||48.85%||$102 M11.4%||68.31%|
|2018-Q3||$1,583 M||77.13%||$355 M22.4%||248.72%|
|2018-Q4||$1,200 M||-24.18%||$19 M1.5%||-94.79%|
Evergy ownershipWhen you are planning to invest in shares of a stock, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Evergy, 0.50% of all outstanding shares are owned by its staff.
Bearish positions for EVRG stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$14.9 B|
|Total shares||244.1 M|
|Float shares||243.5 M|
|- Institutional holdings (%)||86.4%|
|- Insider holdings (%)||0.5%|
|Shares in short selling||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$60.68 - $61.48|
|Average true range||$0.94|
|50d mov avg||$59.56|
|100d mov avg||$57.96|
|200d mov avg||$57.15|
Evergy performanceTo better understand Evergy performance you must compare its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for Evergy stock.