Market Resilience: Entergy Corp. (ETR) Finishes Weak at 129.06, Down -0.76

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Entergy Corp. (NYSE: ETR) closed the day trading at $129.06 down -0.76% from the previous closing price of $130.05. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 1.15 million shares were traded. ETR stock price reached its highest trading level at $131.05 during the session, while it also had its lowest trading level at $128.755.

Ratios:

For a better understanding of ETR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.78.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on September 17, 2024, Upgraded its rating to Overweight and sets its target price to $138 from $115 previously.

On November 21, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $94 to $110.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 08, 2023, while the target price for the stock was maintained at $117.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 23 ’24 when NORGEOT PETER S JR sold 7,922 shares for $130.00 per share. The transaction valued at 1,029,860 led to the insider holds 34,993 shares of the business.

NORGEOT PETER S JR bought 7,922 shares of ETR for $1,029,860 on Sep 23 ’24. On Sep 13 ’24, another insider, NORGEOT PETER S JR, who serves as the EVP & Chief Operating Officer of the company, sold 7,000 shares for $125.00 each. As a result, the insider received 875,000 and left with 34,993 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETR now has a Market Capitalization of 27597029376 and an Enterprise Value of 55537389568. As of this moment, Entergy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.43, and their Forward P/E ratio for the next fiscal year is 16.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 4.602 whereas that against EBITDA is 12.106.

Stock Price History:

Over the past 52 weeks, ETR has reached a high of $133.38, while it has fallen to a 52-week low of $90.78. The 50-Day Moving Average of the stock is 4.30%, while the 200-Day Moving Average is calculated to be 17.47%.

Shares Statistics:

Over the past 3-months, ETR traded about 1.65M shares per day on average, while over the past 10 days, ETR traded about 1323840 shares per day. A total of 213.83M shares are outstanding, with a floating share count of 213.38M. Insiders hold about 0.21% of the company’s shares, while institutions hold 92.44% stake in the company. Shares short for ETR as of 1727654400 were 3382077 with a Short Ratio of 2.05, compared to 1724976000 on 2961079. Therefore, it implies a Short% of Shares Outstanding of 3382077 and a Short% of Float of 1.7999999999999998.

Dividends & Splits

ETR’s forward annual dividend rate is 4.52, up from 4.46 a year ago. Against a Trailing Annual Dividend Yield of 0.0342945The stock’s 5-year Average Dividend Yield is 3.77.

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