Entergy Corp. [ETR] stock prices are up 1.37% to $111.86 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ETR shares have gain 1.10% over the last week, with a monthly amount glided 3.83%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Entergy Corp. [NYSE: ETR] stock has seen the most recent analyst activity on November 21, 2023, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $110 from $94. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on November 08, 2023, and kept the price target unchanged to $117. On November 06, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $118 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but stick to its price target of $97 on October 05, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $98 as its price target on August 23, 2023. Evercore ISI downgraded its rating to In-line for this stock on June 01, 2023, and downed its price target to $96. In a note dated April 03, 2023, Ladenburg Thalmann initiated an Buy rating and provided a target price of $116 on this stock.
The stock price of Entergy Corp. [ETR] has been fluctuating between $87.10 and $114.28 over the past year. Currently, Wall Street analysts expect the stock to reach $117.88 within the next 12 months. Entergy Corp. [NYSE: ETR] shares were valued at $111.86 at the most recent close of the market. An investor can expect a potential return of 5.38% based on the average ETR price forecast.
Analyzing the ETR fundamentals
The Entergy Corp. [NYSE:ETR] reported sales of 11.96B for trailing twelve months, representing a drop of -6.25%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.15 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.93.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 110.83 points at the first support level, and at 109.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 112.47, and for the 2nd resistance point, it is at 113.09.
Ratios To Look Out For
It’s worth pointing out that Entergy Corp. [NYSE:ETR]’s Current Ratio is 0.65. In addition, the Quick Ratio stands at 0.41 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 2.00, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 11.21.
Transactions by insiders
Recent insider trading involved FISACKERLY HALEY, “Officer” Under Sec. 16 Rules, that happened on May 08 ’24 when 1500.0 shares were sold. SVP & Chief Accounting Officer, JACKSON REGINALD T completed a deal on May 06 ’24 to sell 9229.0 shares. Meanwhile, EVP & General Counsel Brown Marcus V sold 8500.0 shares on Mar 15 ’24.
