Evergy, Inc. (NYSE:EVRG) continues to exhibit impressive market performance with shares being acquired by various entities including
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp,
Dimensional Fund Advisors LP,
Decade Renewable Partners LP, and others. The company's board has also expanded, welcoming newly appointed members and earning an 81 RS Rating. It has been outperforming other utilities stocks, reaching new highs and attracting favorable recommendations from firms such as Jefferies.
Evergy's recent financial performance showed Q2 earnings lagging estimates, but revenues have shown a year-on-year increase. Strategic acquisitions and investments are anticipated to bolster the company's position, despite some potential EPS headwinds. Analysts have an overall \"Moderate Buy\" consensus on the company.
Hsbc Holdings PLC and
Gabelli Funds LLC, however, have reduced their holdings in Evergy.
The company continues to show signs of strong growth with the initiation of W. Bryan Buckler as the new CFO and an extended demand growth forecast. Despite a three-year downtrend, Evergy remains a favored utility stock among market specialists.
Evergy EVRG News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Sun, 29 Sep 2024 08:47:33 GMT -
Rating 7
- Innovation -1
- Information 8
- Rumor -3
