With 1.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.8 million shares. The 52-week range on EVRG shows that it touched its highest point at $67.89 and its lowest point at $48.60 during that stretch. It currently has a 1-year price target of $67.83. With its current market cap of 15.47 billion, EVRG has annualized dividend of $2.60 while the current yield stands at 3.86%. Beta for the stock currently stands at 0.62.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVRG was up-trending over the past week, with a rise of 1.23%, but this was up by 5.69% over a month. Three-month performance surged to 5.47% while six-month performance rose 14.12%. The stock gained 34.42% in the past year, while it has gained 9.26% so far this year. A look at the trailing 12-month EPS for EVRG yields 3.70 with Next year EPS estimates of 4.02. For the next quarter, that number is 0.36. This implies an EPS growth rate of 7.99% for this year and 5.26% for next year. EPS is expected to grow by 6.37% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.86%.
Float and Shares Shorts:
At present, 229.97 million EVRG shares are outstanding with a float of 226.67 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVRG since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.83272 being high and $3.80285 being low. For EVRG, this leads to a yearly average estimate of $3.82276. Based on analyst estimates, the high estimate for the next quarter is $0.75 and the low estimate is $0.56. The average estimate for the next quarter is thus $0.65.
