While Entergy Corp has underperformed by -1.67%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ETR rose by 71.46%, with highs and lows ranging from $88.38 to $49.80, whereas the simple moving average jumped by 30.18% in the last 200 days.
On January 30, 2025, Ladenburg Thalmann Upgraded Entergy Corp (NYSE: ETR) to Buy. A report published by KeyBanc Capital Markets on December 04, 2024, Downgraded its rating to ‘Sector Weight’ for ETR. Morgan Stanley also Upgraded ETR shares as ‘Equal-Weight’, setting a target price of $150 on the company’s shares in a report dated November 04, 2024. BofA Securities November 04, 2024d the rating to Neutral on November 04, 2024, and set its price target from $138 to $154. Barclays September 17, 2024d its ‘Equal Weight’ rating to ‘Overweight’ for ETR, as published in its report on September 17, 2024. BofA Securities’s report from November 21, 2023 suggests a price prediction of $110 for ETR shares, giving the stock a ‘Buy’ rating. RBC Capital Mkts also rated the stock as ‘Sector Perform’.
Analysis of Entergy Corp (ETR)
With ETR’s current dividend of $4.06 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 0.64%, showing a positive trend in the upcoming months.
Entergy Corp’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 7.04% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and ETR has an average volume of 3.51M. On a monthly basis, the volatility of the stock is set at 2.46%, whereas on a weekly basis, it is put at 2.46%, with a gain of 3.67% over the past seven days. Furthermore, long-term investors anticipate a median target price of $89.49, showing growth from the present price of $85.86, which can serve as yet another indication of whether ETR is worth investing in or should be passed over.
How Do You Analyze Entergy Corp Shares?
Utilities – Regulated Electric giant Entergy Corp (ETR) is based in the USA and is one of the largest companies in the market. When comparing Entergy Corp shares with other companies under Utilities, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 35.20, there is a growth in quarterly earnings of -71.84%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.29%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 95.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ETR shares are owned by institutional investors to the tune of 95.36% at present.
