Entergy Corporation (NYSE:ETR) went up by 0.64% from its latest closing price compared to the recent 1-year high of $126.82. The company’s stock price has collected -1.20% of loss in the last five trading sessions. Barron’s reported on 07/29/22 that 6 Utility Stocks for a Messy Market
Is It Worth Investing in Entergy Corporation (NYSE :ETR) Right Now?
Entergy Corporation (NYSE:ETR) scored a price-to-earnings ratio above its average ratio, recording 18.86 x from its present earnings ratio. Plus, the 36-month beta value for ETR is at 0.57.
The average price from analysts is $129.88, which is $15.3 above the current price. ETR currently public float of 202.66M and currently shorts hold a 2.08% ratio of that float. Today, the average trading volume of ETR was 1.02M shares.
ETR’s Market Performance
ETR stocks went down by -1.20% for the week, with a monthly drop of -4.67% and a quarterly performance of 7.56%, while its annual performance rate touched 7.48%. The volatility ratio for the week stands at 1.90% while the volatility levels for the past 30 days are set at 2.00% for Entergy Corporation. The simple moving average for the period of the last 20 days is -2.97% for ETR stocks with a simple moving average of 0.16% for the last 200 days.
Analysts’ Opinion of ETR
Many brokerage firms have already submitted their reports for ETR stocks, with UBS repeating the rating for ETR by listing it as a “Neutral.” The predicted price for ETR in the upcoming period, according to UBS is $128 based on the research report published on September 06th of the current year 2022.
Credit Suisse, on the other hand, stated in their research note that they expect to see ETR reach a price target of $136. The rating they have provided for ETR stocks is “Outperform” according to the report published on April 26th, 2022.
Vertical Research gave a rating of “Hold” to ETR, setting the target price at $117 in the report published on January 10th of the current year.
ETR Trading at -2.01% from the 50-Day Moving Average
After a stumble in the market that brought ETR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.17% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares sank -4.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.02% upper at present.
During the last 5 trading sessions, ETR fell by -1.20%, which changed the moving average for the period of 200-days by +8.58% in comparison to the 20-day moving average, which settled at $117.14. In addition, Entergy Corporation saw 1.13% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ETR starting from HERMAN ALEXIS M, who sale 190 shares at the price of $116.56 back on Sep 06. After this action, HERMAN ALEXIS M now owns 7,379 shares of Entergy Corporation, valued at $22,146 using the latest closing price.
HERMAN ALEXIS M, the Director of Entergy Corporation, sale 161 shares at $120.35 during a trade that took place back on Aug 18, which means that HERMAN ALEXIS M is holding 7,375 shares at $19,376 based on the most recent closing price.
Stock Fundamentals for ETR
Equity return is now at value 10.60, with 2.10 for asset returns.