rts logo

Entergy Corp (ETR) Stock Could Soon Reward Patient Investors

Entergy Corp (NYSE: ETR) is 47.51% higher on its value in year-to-date trading and has touched a low of $96.15 and a high of $156.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ETR stock was last observed hovering at around $149.12 in the last trading session, with the day’s gains setting it 0.15%.

Currently trading at $149.27, the stock is 3.98% and 10.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 0.10% at the moment leaves the stock 29.52% off its SMA200. ETR registered 51.01% gain for a year compared to 6-month gain of 32.33%. The firm has a 50-day simple moving average (SMA 50) of $135.0138 and a 200-day simple moving average (SMA200) of $115.0014.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 10.34% loss in the last 1 month and extending the period to 3 months gives it a 25.56%, and is -0.72% 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 1.59% over the week and 2.47% over the month.

Entergy Corp (ETR) has around 12177 employees, a market worth around $32.46B and $11.86B in sales. Current P/E ratio is 18.17 and Fwd P/E is 19.30. Profit margin for the company is 14.81%. Distance from 52-week low is 55.25% and -4.83% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).

with sales reaching $3.42B over the same period.The EPS is expected to grow by 7.02% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 25.33% in year-over-year returns.

Entergy Corp (ETR) Top Institutional Holders

1278.0 institutions hold shares in Entergy Corp (ETR), with institutional investors hold 96.12% of the company’s shares. The shares outstanding are 214.41M, and float is at 213.96M with Short Float at 1.84%. Institutions hold 95.91% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.71 million shares valued at $2.75 billion. The investor’s holdings represent 12.0644% of the ETR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.77 million shares valued at $2.01 billion to account for 8.8065 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.28 million shares representing 5.2923% and valued at over $1.21 billion, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 3.2497 of the shares totaling 6.93 million with a market value of $741.13 million.

Entergy Corp (ETR) Insider Activity

The most recent transaction is an insider sale by FISACKERLY HALEY, the company’s “Officer” Under Sec. 16 Rules. SEC filings show that FISACKERLY HALEY sold 4,134 shares of the company’s common stock on Nov 12 ’24 at a price of $149.03 per share for a total of $0.62 million. Following the sale, the insider now owns 2016.0 shares.

Entergy Corp disclosed in a document filed with the SEC on Nov 08 ’24 that COOK-NELSON KIMBERLY (EVP & Chief Nuclear Officer) sold a total of 25,557 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $148.77 per share for $3.8 million. Following the transaction, the insider now directly holds 10174.0 shares of the ETR stock.

Still, SEC filings show that on Nov 12 ’24, FISACKERLY HALEY (Officer) Proposed Sale 4,134 shares at an average price of $149.03 for $0.62 million. The insider now directly holds shares of Entergy Corp (ETR).

Related Posts