Somewhat Favorable News Coverage Somewhat Unlikely to Impact Entergy (ETR) Stock Price

News articles about Entergy (NYSE:ETR) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Entergy earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 45.7638785346919 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Entergy (NYSE:ETR) traded down $0.55 during trading hours on Tuesday, hitting $77.67. The stock had a trading volume of 1,258,818 shares, compared to its average volume of 1,248,310. Entergy has a fifty-two week low of $69.63 and a fifty-two week high of $87.95. The company has a market capitalization of $13,950.00, a P/E ratio of -15.72, a price-to-earnings-growth ratio of 2.25 and a beta of 0.55. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.58 and a current ratio of 0.78.

Entergy (NYSE:ETR) last released its earnings results on Tuesday, October 24th. The utilities provider reported $2.35 earnings per share for the quarter, topping the 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 the consensus estimate of $3.13 billion. During the same period last year, the company earned $2.31 earnings per share. analysts forecast that Entergy will post 6.88 EPS for the current fiscal year.

A number of analysts recently issued reports on ETR shares. JPMorgan Chase & Co. raised their price target on Entergy from $83.00 to $84.00 and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Bank of America started coverage on Entergy in a research report on Tuesday, October 24th. They issued a “neutral” rating and a $86.00 price target for the company. Wells Fargo & Co restated an “outperform” rating and issued a $96.00 price target (up from $90.00) on shares of Entergy in a research report on Wednesday, October 25th. TheStreet upgraded Entergy from a “c” rating to a “b-” rating in a research report on Friday, October 27th. Finally, Jefferies Group upgraded Entergy from a “hold” rating to a “buy” rating in a research report on Monday, October 16th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $84.54.

In other news, insider Charles L. Rice, Jr. sold 9,234 shares of Entergy stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $86.24, for a total transaction of $796,340.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard C. Riley sold 2,000 shares of Entergy stock in a transaction on Thursday, October 19th. The stock was sold at an average price of $85.00, for a total value of $170,000.00. Following the sale, the insider now owns 27,264 shares of the company’s stock, valued at $2,317,440. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,362 shares of company stock valued at $3,300,678. Corporate insiders own 0.24% of the company’s stock.

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About Entergy

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.

Insider Buying and Selling by Quarter for Entergy (NYSE:ETR)

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