Long-Time Horizon Analysis of Entergy Corp. (ETR) Stock

Entergy Corp. [ETR] stock is trading at $129.58, down -0.12%. 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 1.49% over the last week, with a monthly amount glided 8.82%, 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 September 17, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $138 from $115. Previously, BofA Securities upgraded its rating to Buy on November 21, 2023, and elevated its price target to $110. On November 08, 2023, downgrade downgraded it’s rating to Sector Perform but maintained its price target of $117 on the stock. UBS upgraded its rating to a Buy and increased its price target to $118 on November 06, 2023. KeyBanc Capital Markets upgraded its rating to a Overweight but $97 remained the price target by the analyst firm on October 05, 2023. Barclays started tracking with a Equal Weight rating for this stock on August 23, 2023, and assigned it a price target of $98. In a note dated June 01, 2023, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $112 to $96.

Entergy Corp. [ETR] stock has fluctuated between $87.10 and $131.03 over the past year. Currently, Wall Street analysts expect the stock to reach $122.5 within the next 12 months. Entergy Corp. [NYSE: ETR] shares were valued at $129.58 at the most recent close of the market. An investor can expect a potential drop of -5.46% based on the average ETR price forecast.

Analyzing the ETR fundamentals

Entergy Corp. [NYSE:ETR] reported sales of 12.07B for the trailing twelve months, which represents a growth of 3.78%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.12 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.94.

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 128.92 points at the first support level, and at 128.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.21, and for the 2nd resistance point, it is at 130.85.

Ratios To Look Out For

For context, Entergy Corp.’s Current Ratio is 0.90. In addition, the Quick Ratio stands at 0.58 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 2.30, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 15.49.

Transactions by insiders

Recent insider trading involved NORGEOT PETER S JR, EVP & Chief Operating Officer, that happened on Sep 23 ’24 when 7922.0 shares were sold. Officer, NORGEOT PETER S JR completed a deal on Sep 23 ’24 to buy 7922.0 shares. Meanwhile, EVP & Chief Operating Officer NORGEOT PETER S JR sold 7000.0 shares on Sep 13 ’24.

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