Is There More Upside Ahead For Entergy Corp (NYSE: ETR)

Entergy Corp (ETR) concluded trading on Thursday at a closing price of $74.49, with 4.58 million shares of worth about $340.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 40.80% during that period and on December 19, 2024 the price saw a gain of about 1.78%. Currently the company’s common shares owned by public are about 428.82M shares, out of which, 427.89M shares are available for trading.

Stock saw a price change of 0.48% in past 5 days and over the past one month there was a price change of -0.61%. Year-to-date (YTD), ETR shares are showing a performance of 47.23% which increased to 46.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.08 but also hit the highest price of $79.04 during that period. The average intraday trading volume for Entergy Corp shares is 3.54 million. The stock is currently trading -1.41% below its 20-day simple moving average (SMA20), while that difference is up 2.63% for SMA50 and it goes to 23.29% higher than SMA200.

Entergy Corp (NYSE: ETR) currently have 428.82M outstanding shares and institutions hold larger chunk of about 95.88% of that.

The stock has a current market capitalization of $31.94B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 18.14, while it has posted earnings per share of $4.11 in the same period. Its PEG reads 2.52 and has Quick Ratio of 0.57 while making debt-to-equity ratio of 1.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ETR, volatility over the week remained 2.34% while standing at 1.92% over the month.

Stock’s fiscal year EPS is expected to rise by 7.14% while it is estimated to increase by 6.74% in next year. EPS is likely to shrink at an annualized rate of 7.20% for next 5-years, compared to annual growth of 19.11% made by the stock over the past 5-years.

Coverage by Morgan Stanley stated Entergy Corp (ETR) stock as an Equal-weight in their note to investors on November 04, 2024, suggesting a price target of $150 for the stock. On November 04, 2024, BofA Securities Downgrade their recommendations, while on September 17, 2024, Barclays Upgrade their ratings for the stock with a price target of $138. Stock get a Buy rating from BofA Securities on November 21, 2023.

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