Looking up: Westar Energy, Inc. (WR)

Company Profile:

Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. It has 7,200 megawatts of electric generation capacity producing electricity through various fuel types, including coal, uranium, natural gas, diesel, wind, and landfill gas. It sells electricity retail to residential, commercial, and industrial customers, as well as for lighting public streets and highways; and electricity wholesale to electric cooperatives, municipalities, other electric utilities, and regional transmission organizations. It provides its services in central and northeastern Kansas, as well as in south-central and southeastern Kansas. It serves approximately 698,000 customers. The company was founded in 1924 and is headquartered in Topeka, Kansas.

Recent News:

Westar Energy Inc. spent millions preparing for an Environmental Protection Agency rule limiting mercury and other emissions from power plants that was put on hold by the U.S. Supreme Court.

The Westar Energy, Inc. Board of Directors today declared a quarterly dividend of 36 cents per share payable July 1, 2015, on the company`s common stock. The dividends are payable to shareholders of record as of June 9, 2015.

Westar Energy, Inc. announced earnings of $51 million, or $0.38 per share, for the first quarter 2015 compared with earnings of $69 million, or $0.53 per share, for the first quarter 2014.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

WR’s strengths can be seen in its better growth, strong profitability and better solvency. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 53.42. The current P/E ratio indicates it is undervalued compared to the average P/E ratio of the industry and the sector. We rate Westar Energy, Inc. (WR) a Strong BUY.

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