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Stock impact report

Is Evergy Still Worth Considering After Its Strong 2024 Share Price Run? [Yahoo! Finance]

Evergy, Inc. (EVRG) 
Last evergy, inc. earnings: 11/6 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
You are not alone, and that is exactly what this breakdown will dig into. Despite a recent pullback of about 1.8% over the last week and 4.2% over the last month, the stock is still up 17.6% year to date and 22.6% over the past year, with 3 year and 5 year gains of 30.2% and 65.7% respectively. That mix of short term softness and strong longer term returns is usually where valuation gets really interesting. Much of the recent move has been underpinned by ongoing regulatory developments in its service territories and investor focus on regulated utilities as a relative safe haven as interest rate expectations shift. At the same time, Evergy has stayed in the headlines as it continues grid modernization and renewable integration projects that could support long term cash flows while also raising questions about capital spending and future returns. On our framework, Evergy scores just 2 out of 6 on valuation checks, which suggests the stock only screens as undervalued on a couple of Show less Read more
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