Evergy Inc (NASDAQ: EVRG) is 18.77% higher on its value in year-to-date trading and has touched a low of $46.92 and a high of $62.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EVRG stock was last observed hovering at around $61.65 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $62.00, the stock is 3.02% and 5.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing 0.57% at the moment leaves the stock 15.30% off its SMA200. EVRG registered 15.11% gain for a year compared to 6-month gain of 20.09%.
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The stock witnessed a 6.20% loss in the last 1 month and extending the period to 3 months gives it a 16.17%, and is -0.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.05% over the week and 1.23% over the month.
Evergy Inc (EVRG) has around 4658 employees, a market worth around $14.26B and $5.65B in sales. Current P/E ratio is 19.31 and Fwd P/E is 15.23. Profit margin for the company is 13.10%. Distance from 52-week low is 32.15% and -0.39% from its 52-week high. The company has generated returns on investments over the last 12 months (3.41%).
The EPS is expected to grow by 8.47% this year.
Evergy Inc (EVRG) Top Institutional Holders
948.0 institutions hold shares in Evergy Inc (EVRG), with institutional investors hold 87.92% of the company’s shares. The shares outstanding are 229.73M, and float is at 226.28M with Short Float at 3.62%. Institutions hold 87.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.29 million shares valued at $1.6 billion. The investor’s holdings represent 13.1562% of the EVRG Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 16.45 million shares valued at $871.58 million to account for 7.1478 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 16.39 million shares representing 7.1217% and valued at over $868.39 million, while ZIMMER PARTNERS, LP holds 2.5417 of the shares totaling 5.85 million with a market value of $309.92 million.
Evergy Inc (EVRG) Insider Activity
The most recent transaction is an insider sale by Caisley Charles A., the company’s SVP – PA & CHIEF CO. SEC filings show that Caisley Charles A. sold 9,236 shares of the company’s common stock on Sep 03 ’24 at a price of $59.63 per share for a total of $0.55 million. Following the sale, the insider now owns 33425.0 shares.
Still, SEC filings show that on Aug 27 ’24, Humphrey Heather A (SVP – GEN COUNSEL, CORP SEC) disposed off 3,347 shares at an average price of $58.80 for $0.2 million. The insider now directly holds 35,314 shares of Evergy Inc (EVRG).
