Westar Energy (WR) to Release Earnings on Tuesday
Westar Energy (NYSE:WR) is scheduled to announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.41 per share for the quarter.
Shares of Westar Energy (NYSE WR) opened at $50.43 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.07 and a quick ratio of 0.65. The company has a market cap of $7,170.00, a PE ratio of 20.93, a P/E/G ratio of 5.90 and a beta of 0.35. Westar Energy has a 12-month low of $47.06 and a 12-month high of $57.32.
A number of equities research analysts recently commented on WR shares. Bank of America started coverage on shares of Westar Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $57.00 price objective for the company. Zacks Investment Research upgraded shares of Westar Energy from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research report on Sunday, January 21st. UBS Group started coverage on shares of Westar Energy in a research report on Friday, February 2nd. They issued a “neutral” rating and a $55.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Westar Energy from $62.00 to $56.00 and set an “overweight” rating for the company in a research report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $55.50.
Westar Energy, Inc is an electric utility. The Company provides electric generation, transmission and distribution services. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Its subsidiary, Kansas Gas and Electric Company (KGE), provides these services in south-central and southeastern Kansas, including the city of Wichita.
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