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Entergy Corp (ETR) – Don’t Be So Quick to Call it Dead

Entergy Corp (NYSE: ETR) is 15.17% higher on its value in year-to-date trading and has touched a low of $49.80 and a high of $88.38 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 $87.40 in the last trading session, with the day’s loss setting it -0.08%.

Currently trading at $87.32, the stock is 6.27% and 11.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.67 million and changing -0.09% at the moment leaves the stock 32.72% off its SMA200. ETR registered 74.64% gain for a year compared to 6-month gain of 48.50%.

The stock witnessed a 6.50% loss in the last 1 month and extending the period to 3 months gives it a 18.77%, and is 6.46% up 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 2.56% over the week and 2.43% over the month.

Entergy Corp (ETR) has around 12177 employees, a market worth around $37.44B and $11.88B in sales. Current P/E ratio is 35.80 and Fwd P/E is 20.08. Profit margin for the company is 8.89%. Distance from 52-week low is 75.34% and -1.20% from its 52-week high. The company has generated returns on investments over the last 12 months (2.52%).

with sales reaching $3.21B over the same period.The EPS is expected to grow by 6.48% this year, but quarterly earnings will post 13.02% year-over-year. Quarterly sales are estimated to grow 14.73% in year-over-year returns.

The shares outstanding are 561.95M, and float is at 427.57M with Short Float at 1.77%.

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 STATE STREET CORP with 11.28 million shares valued at $1.21 billion to account for 10.5611 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 18.77 million shares representing 8.8065 and valued at over $2.01 billion, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 6.485 of the shares totaling 6.93 million with a market value of $741.13 million.

Entergy Corp (ETR) Insider Activity

Entergy Corp disclosed in a document filed with the SEC on Dec 13 ’24 that RODRIGUEZ DEANNA D. (“Officer” Under Sec. 16 Rules) sold a total of 6,088 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $73.94 per share for $0.45 million. Following the transaction, the insider now directly holds 3952.0 shares of the ETR stock.

Still, SEC filings show that on Dec 13 ’24, RODRIGUEZ DEANNA D. (Officer) Proposed Sale 6,088 shares at an average price of $73.94 for $0.45 million. The insider now directly holds shares of Entergy Corp (ETR).

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