Stocks of Evergy Inc (NASDAQ:EVRG) traded higher last session on Wall Street, up 3.19% to $67.32.
EVRG stock price is now 0.39% away from the 50-day moving average and 5.25% away from the 200-day moving average. The market capitalization of the company currently stands at $15.49B.
With the price target of $75, BMO Capital Markets recently initiated with Outperform rating for Evergy Inc (NASDAQ: EVRG). On April 28, 2025, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $78, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, KING CHARLES L, SVP & CHIEF TECHNOLOGY OFFICER sold 2,300 shares of the company’s stock on Nov 27 ’24. The stock was sold for $150,008 at an average price of $65.22. Upon completion of the transaction, the SVP & CHIEF TECHNOLOGY OFFICER now directly owns 14,634 shares in the company, valued at $0.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’24, Officer Charles Lynn King bought 2,300 shares of the business’s stock. A total of $149,132 was incurred on buying the stock at an average price of $64.84. A total of 1.44% of the company’s stock is owned by insiders.
During the past 12 months, Evergy Inc has had a low of $52.10 and a high of $70.36. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 0.55, and a quick ratio of 0.29.
The net profit margin was 14.96% and return on equity was 8.95% for EVRG. The company reported revenue of $1.37 billion for the quarter, compared to $1.33 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.27 percent.
