The stock of Entergy Corp. (ETR) has gone up by 2.25% for the week, with a 10.16% rise in the past month and a 25.55% rise in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are 1.51% for ETR. The simple moving average for the last 20 days is 5.07% for ETR stock, with a simple moving average of 22.34% for the last 200 days.
Is It Worth Investing in Entergy Corp. (NYSE: ETR) Right Now?
The price-to-earnings ratio for Entergy Corp. (NYSE: ETR) is above average at 15.89x. The 36-month beta value for ETR is also noteworthy at 0.73. 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.”
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The public float for ETR is 213.37M, and at present, short sellers hold a 1.45% of that float. The average trading volume of ETR on October 02, 2024 was 1.67M shares.
ETR) stock’s latest price update
Entergy Corp. (NYSE: ETR)’s stock price has increased by 1.02 compared to its previous closing price of 131.61. However, the company has seen a 2.25% increase in its stock price over the last five trading sessions. investopedia.com reported 2024-09-30 that Bank of America is predicting a big jump in electrical demand—with some power companies better-positioned to capitalize than others.
Analysts’ Opinion of ETR
Many brokerage firms have already submitted their reports for ETR stocks, with Barclays repeating the rating for ETR by listing it as a “Overweight.” The predicted price for ETR in the upcoming period, according to Barclays is $138 based on the research report published on September 17, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see ETR reach a price target of $110, previously predicting the price at $94. The rating they have provided for ETR stocks is “Buy” according to the report published on November 21st, 2023.
RBC Capital Mkts gave a rating of “Sector Perform” to ETR, setting the target price at $117 in the report published on November 08th of the previous year.
ETR Trading at 10.05% 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 able to rebound, for now settling with 0.91% of gains for the given period.
Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +8.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.75% upper at present.
During the last 5 trading sessions, ETR rose by +2.25%, which changed the moving average for the period of 200-days by +26.14% in comparison to the 20-day moving average, which settled at $127.08. In addition, Entergy Corp. saw 31.39% 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 NORGEOT PETER S JR, who sale 7,922 shares at the price of $130.00 back on Sep 23 ’24. After this action, NORGEOT PETER S JR now owns 34,993 shares of Entergy Corp., valued at $1,029,860 using the latest closing price.
NORGEOT PETER S JR, the Officer of Entergy Corp., proposed sale 7,922 shares at $130.00 during a trade that took place back on Sep 23 ’24, which means that NORGEOT PETER S JR is holding shares at $1,029,860 based on the most recent closing price.
Stock Fundamentals for ETR
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.36 for the gross margin
The net margin for Entergy Corp. stands at 0.15. The total capital return value is set at 0.04. Equity return is now at value 12.65, with 2.92 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 1.94. The interest coverage ratio of the stock is 2.19.
Currently, EBITDA for the company is 4.87 billion with net debt to EBITDA at 5.85. When we switch over and look at the enterprise to sales, we see a ratio of 4.63. The receivables turnover for the company is 7.63for 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 0.90.
Conclusion
In summary, Entergy Corp. (ETR) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
