Evergy (EVRG) Expected to Announce Quarterly Earnings on Thursday

Evergy (NASDAQ:EVRG) is expected 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. Parties that are interested in registering for the company’s conference call can do so using this link.

Evergy Price Performance

Shares of Evergy stock opened at $67.25 on Friday. The firm has a fifty day simple moving average of $63.11 and a 200-day simple moving average of $61.78. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 1.15. Evergy has a 1-year low of $48.60 and a 1-year high of $67.89. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 2.81 and a beta of 0.66.

Analyst Upgrades and Downgrades

EVRG has been the subject of a number of analyst reports. Mizuho initiated 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. LADENBURG THALM/SH SH upgraded shares of Evergy from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $59.00 to $68.50 in a research note on Thursday, January 2nd. Guggenheim raised shares of Evergy from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Finally, Barclays dropped their target price on shares of Evergy from $65.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.