Entergy Corporation (ETR): Is it worth Buying?


Entergy Corporation (NYSE:ETR) changes shares on Tuesday trading session, with a change of 0.53% or $0.54 shares. The trading starts at $102.50 and closed at $102.62 throughout the day. The trading session low price was $102.19 and day high was $104.10 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 0.72 million while its average volume is 1.32M. In other hand, the ETR market cap reached to $20.56B. While, its current target price is $116.13.

On June 18, 2020, IN BRIEF: Massachusetts, Entergy sub settle lawsuit over nuclear plant decommissioning. According to the news reported on Reuters, A subsidiary of Entergy Corp that decommissions nuclear power plants has settled with the state of Massachusetts regarding two lawsuits the state filed in federal appeals court challenging a 2018 application to transfer a license to retire a nuclear power plant in Massachusetts…

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.48% and up 7.01% for month. Its quarterly performance was 6.63% above, while its half year performance is down -20.99%. ETR yearly performance stood at negative -1.67% and fall -13.89% for year-to-date. Current recommendation for Entergy Corporation is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ETR EPS (TTM) for 12-month is 5.55. EPS for this year is 36.10%, while for the next year its value is 5.94. Sales growth for the current quarter is 3.12 while its EPS Q/Q reached -55.10%. It has an EPS of 3.80% up for past five years and for the next five years will be up 5.95%.

Let’s take a look on the analyst recommendations on ETR for the current month and previous month. For the current month, 10 of 17 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 18 analysts participate in stock recommendation. Out of 18, 0 rated it sell, 11 rated it as Buy and 7 as Hold Ratings. On the other hand, target price ranges from $101.00 – $132.00. Average target price for ETR was reached at $116.44.

The insider ownership moved to 0.30% and institutional holding shifted to 88.20%.

The company posted an EPS (TTM) of 5.55. According to the most recent quarter report on (Sep 2020), 12 analysts estimated an average EPS of 2.44, while 2.52 EPS posted a year ago period. Analyst Estimated EPS for ETR published in the report was $2.07 – $2.71 during the same period. Comparing with last year, the average estimated EPS was 2.52 which is higher than 1.37 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ETR fall -5.77% for period of 200 days. SMA for 50 days was 4.03% which is showing green signal, while SMA-20 was 2.90%. The moving average value for Entergy Corporation (ETR) is 2.02M and 0.84% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ETR stock. On Jul 31, HERMAN ALEXIS M, Director, sold 189 trading shares at the cost of $104.22, which valued at 19698.0. On Jun 02, HERMAN ALEXIS M, Director, sold 156 shares at the cost of $102.86, with total shares of 6,095. On Feb 24, HERMAN ALEXIS M, Director, sold 153 shares at the cost of 130.25. After this transaction, HERMAN ALEXIS M total shares reached to 5,118 which valued at 19928.0.