Evergy stock: buy or sell?

EVRG stock price: $66.00 0.69% At close on September 20th, 2019

Updated on:
September 20th, 2019

5

Evergy inched 0.69% to $66.00 after reaching all time highs today. With Friday, it's been 4 green sessions in a row, soaring $1.86 or 2.90%.

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. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups work for Evergy stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Evergy stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 6 ratings published for EVRG stock in the last 30 days.

Is EVRG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-20UBS Groupn/aNeutral
2019-8-9SunTrust Banksn/aBuy
2019-8-27Guggenheimn/aBuy
2019-6-7UBS Groupn/aNeutral
2019-2-12Bank of AmericaNeutralBuy
2019-1-4Goldman Sachs GroupNeutralSell

Evergy stock analysis

Daily outlook

Evergy ended today at $66.00 after reaching a new all time high ($66.38) and inched a slightly good 0.69%.

Shares of Evergy ended today at $66.00 after reaching a new all time high ($66.38) and inched a slightly good 0.69%. On May, SMA50d and SMA100d crossed up triggering a rise of 16.22%. Since price and SMA50d lines crossed up on August, EVRG climbed $6.03 (10.06%).

EVRG stock chart (daily)

Weekly outlook

Shares of Evergy closed this week at $66.00 after marking a new all time high ($66.38) and rose a beatiful 2.79%.

Price pattern shows an uptrend with two rising tops and bottoms, and now ready to break out the $66.01 resistance. Since late April when EVRG stock price broke up the SMA40w line, it gained $10.30 (18.49%). Late April, SMA10w and SMA20w crossed up triggering a rise of 17.27%.

EVRG stock chart (weekly)

Evergy stock price history

Evergy stock historical price chart

EVRG stock reached all-time highs today with a price of $66.38.

Evergy stock price target is $66.50

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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. We found 4 price forecasts for Evergy stock released in the last 30 days:
EVRG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-20UBS GroupRaises Target$65.00$68.004.6%
2019-8-9SunTrust BanksRaises Target$66.00$67.001.5%
2019-8-27GuggenheimRaises Target$65.00$70.007.7%
2019-6-7UBS GroupRaises Target$58.00$61.005.2%
(in average)$63.50$66.505.0%
The price target for Evergy stock is $66.50, moving in a range between $70.00 and $61.00. In average, analysts' outlook on EVRG price forecast is positive, increasing the target by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Evergy missed the expectations of the analysts and reported a spooky EPS of $0.08 per share when experts were expecting $0.24.
EVRG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-080.560.560.0%
2018-Q32018-11-071.261.324.8%
2018-Q42019-02-210.240.08-66.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a super good gain of 66.31% to $4,275.90 million dollars. However, its profit margin (compared to sales) remained constant to 12.53%, that is $535.80 million.

EVRG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$2,602 M-$313 M12.0%-
2015$2,459 M-5.48%$292 M11.9%-6.81%
2016$2,562 M4.19%$347 M13.5%18.72%
2017$2,571 M0.35%$324 M12.6%-6.54%
2018$4,276 M66.31%$536 M12.5%65.42%

Quarterly financial results

Evergy reported $1,199.80 million 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 collapsed a -20.89% compared to previous quarter when profit margin was 22.43%. When comparing sales to same quarter last year, Evergy sales marked an amazing growth and boosted a 101.71%.
EVRG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q3$794 M-$158 M19.9%-
2017-Q4$595 M-25.12%$34 M5.7%-78.57%
2018-Q1$600 M0.91%$60 M10.1%78.32%
2018-Q2$893 M48.85%$102 M11.4%68.31%
2018-Q3$1,583 M77.13%$355 M22.4%248.72%
2018-Q4$1,200 M-24.18%$19 M1.5%-94.79%

Evergy ownership

When you are planning to buy shares of a company, it's worth to overview its ownership structure.

Evergy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.50% of all shares.

Bearish positions for EVRG stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Evergy:

EVRG
Market cap$15.5 B
Total shares235.5 M
Float shares234.8 M
  - Institutional holdings (%)86.4%
  - Insider holdings (%)0.5%
Shares in short selling0.0%

Evergy summary

Friday, September 20th, 2019
Open$66.32
Close$66.00
Day range$65.32 - $66.38
Previous close$65.55
Session gain0.69%
Average true range$0.92
50d mov avg$62.84
100d mov avg$60.87
200d mov avg$58.50
Daily patternlt02a
Weekly pattern lb02b

Evergy performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Evergy against in the following table:
Stock3m6m12m
EVRGEvergy8.57%15.57%21.97%

Evergy competitors

Unfortunately, we could not find any public company that could be defined as Evergy competitor. This doesn't mean Evergy does not have any competitor in the market, it's just we could not detected it.