Evergy stock: buy or sell?

EVRG stock price: $69.58 -0.74% At close on February 26th, 2020

Updated on:
February 26th, 2020

5

Evergy depreciated -0.74% to $69.58 after marking all time highs on Feb 18th. With Wednesday it's been 5 red days in a row.

Should I buy Evergy stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Evergy stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Evergy stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for EVRG stock for the last 30 days.

Evergy stock analysis

Daily outlook

After reaching all time highs on Feb/18, Evergy depreciated -0.74% to $69.58.

Evergy depreciated -0.74% today to $69.58 after marking all time highs on Feb 18th. Since SMA50d and SMA100d crossed up on Jan 23rd, EVRG price climbed $0.47 per share (0.68%). Since January when EVRG stock price broke up the SMA100d line, it gained $6.10 (9.61%). On February/18, EVRG hit a new all time high, pushing higher than on January 30th tops. Check different trading setups that use ATHs as triggers.

EVRG stock chart (daily)

Weekly outlook

Evergy shares eased -4.57% this week, ending at $69.58. Late January EVRG boosted an amazing 5.66% in just one week.

Once Evergy stock failed to resist above the support, it inevitably slid down. Price is now looking for lower supports, and best candidates are 68.864, 66.0865 and 63.9692. Not so far away is the last all-time high Evergy marked last week. Since late April 2019 when EVRG stock price broke up the SMA40w line, it gained $14.32 (25.91%). Since SMA10d and SMA20w crossed up by mid January, EVRG price climbed $5.07 per share (7.86%).

EVRG stock chart (weekly)

Evergy stock price history

Evergy stock historical price chart

EVRG stock reached all-time highs on Feb/18 with a price of $76.57.

Evergy stock price target

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. For the last 30 days we have not detected any price prediction for Evergy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Evergy disappointed experts when it reported an Earnings per Share (EPS) of $0.08 when the analysts' forecast was $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

In 2018, Evergy annual sales rocketed an astounding 66.31% to $4,275.90 million USD from $2,571.00 marked in 2017. However, its profit margin (compared to revenues) remained stable 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 posted $1,199.80 million in sales for 2018-Q4, a -24.18% less compared to previous quarter. Reported quarter income 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 an outstanding gain and skyrocketed 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 a company, it's worth to review its ownership structure.

Evergy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.30% 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$15.9 B
Total shares227.9 M
Float shares227.2 M
  - Institutional holdings (%)86.7%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

Evergy summary

Wednesday, February 26th, 2020
Open$70.12
Close$69.58
Day range$69.57 - $70.85
Previous close$70.10
Session gain-0.74%
Average true range$1.23
50d mov avg$68.05
100d mov avg$65.66
200d mov avg$63.42
Daily pattern
Weekly pattern lt06c

Evergy performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Evergy, the comparison is made against .
Stock3m6m12m
EVRGEvergy9.97%7.91%29.43%

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.