Entergy Corp. (NYSE: ETR) has a price-to-earnings ratio of 11.21x that is above its average ratio. Additionally, the 36-month beta value for ETR is 0.71. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 13 rating it as “hold,” and 0 rating it as “sell.”
The public float for ETR is 212.87M and currently, short sellers hold a 1.78% ratio of that float. The average trading volume of ETR on July 25, 2024 was 1.65M shares.
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ETR) stock’s latest price update
Entergy Corp. (NYSE: ETR)’s stock price has increased by 1.37 compared to its previous closing price of 110.35. However, the company has seen a 1.10% increase in its stock price over the last five trading sessions. youtube.com reported 2024-07-22 that These dividend stocks to buy offer attractive yields at cheap prices.
ETR’s Market Performance
Entergy Corp. (ETR) has experienced a 1.10% rise in stock performance for the past week, with a 3.83% rise in the past month, and a 4.37% rise in the past quarter. The volatility ratio for the week is 1.35%, and the volatility levels for the past 30 days are at 1.41% for ETR. The simple moving average for the past 20 days is 4.00% for ETR’s stock, with a 8.71% simple moving average for the past 200 days.
Analysts’ Opinion of ETR
Many brokerage firms have already submitted their reports for ETR stocks, with BofA Securities repeating the rating for ETR by listing it as a “Buy.” The predicted price for ETR in the upcoming period, according to BofA Securities is $110 based on the research report published on November 21, 2023 of the previous year 2023.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see ETR reach a price target of $117. The rating they have provided for ETR stocks is “Sector Perform” according to the report published on November 08th, 2023.
UBS gave a rating of “Buy” to ETR, setting the target price at $118 in the report published on November 06th of the previous year.
ETR Trading at 2.80% 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 -2.12% of loss for the given period.
Volatility was left at 1.41%, however, over the last 30 days, the volatility rate increased by 1.35%, as shares surge +4.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.12% lower at present.
During the last 5 trading sessions, ETR rose by +1.10%, which changed the moving average for the period of 200-days by +21.90% in comparison to the 20-day moving average, which settled at $107.82. In addition, Entergy Corp. saw 10.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ETR starting from FISACKERLY HALEY, who sale 1,500 shares at the price of $110.23 back on May 08 ’24. After this action, FISACKERLY HALEY now owns 2,479 shares of Entergy Corp., valued at $165,345 using the latest closing price.
JACKSON REGINALD T, the SVP & Chief Accounting Officer of Entergy Corp., sale 9,229 shares at $108.71 during a trade that took place back on May 06 ’24, which means that JACKSON REGINALD T is holding 2,166 shares at $1,003,268 based on the most recent closing price.
Stock Fundamentals for ETR
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.4 for the gross margin
The net margin for Entergy Corp. stands at 0.18. The total capital return value is set at 0.05. Equity return is now at value 15.21, with 3.52 for asset returns.
Based on Entergy Corp. (ETR), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.93. The interest coverage ratio of the stock is 2.43.
Currently, EBITDA for the company is 4.87 billion with net debt to EBITDA at 5.68. When we switch over and look at the enterprise to sales, we see a ratio of 4.26. The receivables turnover for the company is 9.3for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.
Conclusion
In conclusion, Entergy Corp. (ETR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
