Evergy (EVRG) Expected to Announce Quarterly Earnings on Thursday

Evergy (NASDAQ:EVRG) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $1.24 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Evergy Stock Up 0.5 %

Shares of EVRG opened at $68.39 on Tuesday. The firm has a market cap of $15.73 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. The company’s fifty day moving average is $63.38 and its two-hundred day moving average is $61.96. Evergy has a fifty-two week low of $48.60 and a fifty-two week high of $68.81. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 1.15.

Analysts Set New Price Targets

Several equities analysts recently weighed in on EVRG shares. Mizuho started coverage on shares of Evergy in a report on Tuesday, October 29th. They set an “outperform” rating and a $67.00 target price on the stock. LADENBURG THALM/SH SH raised shares of Evergy from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Barclays dropped their price target on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Finally, Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Evergy presently has a consensus rating of “Moderate Buy” and an average price target of $65.36.

Evergy Company Profile

Evergy, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities.