Evergy (EVRG) to Release Quarterly Earnings on Thursday

Evergy (NASDAQ:EVRG) is projected to issue its quarterly earnings data 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

Evergy Stock Performance

NASDAQ EVRG opened at $68.81 on Wednesday. Evergy has a 52-week low of $48.60 and a 52-week high of $69.06. The company has a fifty day moving average of $63.52 and a 200-day moving average of $62.03. The company has a market capitalization of $15.82 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.82 and a beta of 0.66. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.32 and a current ratio of 0.55.

Wall Street Analyst Weigh In

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

About Evergy

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.