Evergy (NASDAQ:EVRG) Releases FY 2025 Earnings Guidance

Evergy (NASDAQ:EVRG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.920-4.120 for the period, compared to the consensus estimate of 4.030. The company issued revenue guidance of -.

Evergy Price Performance

Evergy stock opened at $69.05 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.55 and a quick ratio of 0.32. The company has a market capitalization of $15.88 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. Evergy has a one year low of $48.60 and a one year high of $69.58. The business has a 50 day simple moving average of $63.69 and a 200 day simple moving average of $62.08.

Evergy (NASDAQ:EVRG) last posted its earnings results on Thursday, February 27th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.11). Evergy had a return on equity of 8.77% and a net margin of 14.77%. On average, sell-side analysts forecast that Evergy will post 3.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EVRG. Guggenheim upgraded Evergy from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. LADENBURG THALM/SH SH upgraded Evergy from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $59.00 to $68.50 in a research report on Thursday, January 2nd. Finally, Barclays lowered their target price on Evergy from $65.00 to $62.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.