Entergy Corporation (NYSE: ETR) is -12.03% lower on its value in year-to-date trading and has touched a low of $94.94 and a high of $122.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ETR stock was last observed hovering at around $100.29 in the last trading session, with the day’s loss setting it -1.32%.
Currently trading at $98.97, the stock is -5.76% and -6.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -1.32% at the moment leaves the stock -9.52% off its SMA200. ETR registered -15.27% loss for a year compared to 6-month loss of -12.45%. The firm has a 50-day simple moving average (SMA 50) of $3.52 and a 200-day simple moving average (SMA200) of $11.86.
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The stock witnessed a -9.01% gain in the last 1 month and extending the period to 3 months gives it a -7.69%, and is -3.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 1.91% over the month.
Entergy Corporation (ETR) has around 11707 employees, a market worth around $21.12B and $13.87B in sales. Current P/E ratio is 18.01 and Fwd P/E is 13.78. Profit margin for the company is 8.20%. Distance from 52-week low is 4.24% and -19.18% from its 52-week high. The company has generated returns on investments over the last 12 months (5.30%).
Entergy Corporation (ETR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Entergy Corporation (ETR) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.20, where 5 rate it as a Hold and 2 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -3.10% this year
Entergy Corporation (ETR) Top Institutional Holders
The shares outstanding are 211.35M, and float is at 202.71M with Short Float at 1.06%.
Entergy Corporation (ETR) Insider Activity
A total of 122 insider transactions have happened at Entergy Corporation (ETR) in the last six months, with sales accounting for 71 and purchases happening 51 times. The most recent transaction is an insider sale by RODRIGUEZ DEANNA D., the company’s “Officer” Under Sec. 16 Rules. SEC filings show that RODRIGUEZ DEANNA D. sold 300 shares of the company’s common stock on Mar 09 at a price of $103.96 per share for a total of $31188.0. Following the sale, the insider now owns 3269.0 shares.
Entergy Corporation disclosed in a document filed with the SEC on Mar 08 that HERMAN ALEXIS M (Director) sold a total of 213 shares of the company’s common stock. The trade occurred on Mar 08 and was made at $103.82 per share for $22114.0. Following the transaction, the insider now directly holds 7388.0 shares of the ETR stock.
Still, SEC filings show that on Feb 27, MINOR ANASTASIA (“Officer” Under Sec. 16 Rules) acquired 2,500 shares at an average price of $107.50 for $0.27 million. The insider now directly holds 4,462 shares of Entergy Corporation (ETR).
Entergy Corporation (ETR): Who are the competitors?
The company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading 2.33% up over the past 12 months and The Southern Company (SO) that is -4.45% lower over the same period. Dominion Energy Inc. (D) is -38.23% down on the 1-year trading charts.