EVERGY INC (NASDAQ: EVRG) has reported E.P.S. of $1.53 for its third fiscal quarter (ending September 30) versus $1.86 for the same period a year ago — a decline of -18%. This performance was $-0.31 short of the consensus estimate of $1.84. E.P.S. were $2.96 for the latest four quarters through September 30 versus $3.47 for the same period a year ago — a decline of -15%.
Recent Price Action
EVERGY INC (NASDAQ: EVRG) stock declined by -1.2% on 11/7/23. The shares closed at $50.33. The stock has been weak relative to the market over the last nine months but has risen 3.8% during the last week.
Current PriceTarget Research Rating
EVRG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
EVERGY INC has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. EVERGY INC has a good Appreciation Score of 77 but a slightly negative Power Rating of 39, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment