News headlines about Entergy (NYSE:ETR) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Entergy earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 46.2849688292331 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Entergy (ETR) traded up $0.37 during mid-day trading on Wednesday, reaching $80.27. The company’s stock had a trading volume of 625,539 shares, compared to its average volume of 1,223,472. Entergy has a 1-year low of $69.63 and a 1-year high of $87.95. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.78 and a quick ratio of 0.58. The stock has a market cap of $14,350.00, a price-to-earnings ratio of -16.25, a PEG ratio of 1.66 and a beta of 0.55.
Entergy (NYSE:ETR) last issued its quarterly earnings results on Tuesday, October 24th. The utilities provider reported $2.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.24 by $0.11. Entergy had a positive return on equity of 14.76% and a negative net margin of 7.82%. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same quarter in the prior year, the business posted $2.31 EPS. equities analysts anticipate that Entergy will post 6.91 earnings per share for the current fiscal year.
A number of equities analysts recently commented on ETR shares. TheStreet raised Entergy from a “c” rating to a “b-” rating in a report on Friday, October 27th. Mizuho upgraded Entergy from a “neutral” rating to a “buy” rating in a research note on Friday, November 17th. Jefferies Group upgraded Entergy from a “hold” rating to a “buy” rating in a research note on Monday, October 16th. Citigroup upgraded Entergy from a “neutral” rating to a “buy” rating and set a $91.00 price target for the company in a research note on Friday, October 13th. Finally, Bank of America upgraded Entergy from a “neutral” rating to a “buy” rating and set a $89.00 price target for the company in a research note on Tuesday, December 12th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $83.17.
In other news, COO Paul D. Hinnenkamp sold 2,300 shares of the firm’s stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of $84.00, for a total transaction of $193,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charles L. Rice, Jr. sold 9,234 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $86.24, for a total value of $796,340.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 57,812 shares of company stock valued at $4,907,522. Company insiders own 0.24% of the company’s stock.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.
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