Currently, there are 428.82M common shares owned by the public and among those 427.67M shares have been available to trade.
The company’s stock has a 5-day price change of -7.18% and 12.93% over the past three months. ETR shares are trading 2.37% year to date (YTD), with the 12-month market performance up to 56.68% higher. It has a 12-month low price of $48.08 and touched a high of $84.26 over the same period. ETR has an average intraday trading volume of 3.69 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.96%, 1.38%, and 22.15% respectively.
Institutional ownership of Entergy Corp (NYSE: ETR) shares accounts for 95.82% of the company’s 428.82M shares outstanding.
It has a market capitalization of $33.28B and a beta (3y monthly) value of 0.71. The stock’s trailing 12-month PE ratio is 18.90, while the earnings-per-share (ttm) stands at $4.11. The company has a PEG of 2.22 and a Quick Ratio of 0.57 with the debt-to-equity ratio at 1.90. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.15% over the week and 2.28% over the month.
Earnings per share for the fiscal year are expected to increase by 7.28%, and 6.94% over the next financial year. EPS should shrink at an annualized rate of 8.53% over the next five years, compared to 19.11% over the past 5-year period.
Morgan Stanley coverage for the Entergy Corp (ETR) stock in a research note released on November 04, 2024 offered a Equal-Weight rating with a price target of $150. BofA Securities was of a view on November 04, 2024 that the stock is Neutral, while Barclays gave the stock Overweight rating on September 17, 2024, issuing a price target of $115- $138. BofA Securities on their part issued Buy rating on November 21, 2023.
