Evergy stock: buy or sell?
September 20th, 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. 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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|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 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%).
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%.
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 $66.50How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-20||UBS Group||Raises Target||$65.00||$68.00||4.6%|
|2019-8-9||SunTrust Banks||Raises Target||$66.00||$67.00||1.5%|
|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 missed the expectations of the analysts and reported a spooky EPS of $0.08 per share when experts were expecting $0.24.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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.
|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 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%.
|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 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:
|Market cap||$15.5 B|
|Total shares||235.5 M|
|Float shares||234.8 M|
|- Institutional holdings (%)||86.4%|
|- Insider holdings (%)||0.5%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$65.32 - $66.38|
|Average true range||$0.92|
|50d mov avg||$62.84|
|100d mov avg||$60.87|
|200d mov avg||$58.50|
Evergy performancePerformance 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: