The stock of Entergy Corp (NYSE:ETR) last traded at $79.24, up 2.09% from the previous session.
ETR stock price is now 3.35% away from the 50-day moving average and 24.44% away from the 200-day moving average. The market capitalization of the company currently stands at $33.98B.
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On November 04, 2024, Morgan Stanley Upgraded its previous ‘Underweight’ rating to ‘Equal-Weight’ on the stock increasing its target price from $116 to quote $150, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, RODRIGUEZ DEANNA D., “Officer” Under Sec. 16 Rules sold 6,088 shares of the company’s stock on Dec 13 ’24. The stock was sold for $450,147 at an average price of $73.94. Upon completion of the transaction, the “Officer” Under Sec. 16 Rules now directly owns 3,952 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Officer RODRIGUEZ DEANNA D. bought 6,088 shares of the business’s stock. A total of $450,147 was incurred on buying the stock at an average price of $73.94. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, Entergy Corp has had a low of $48.08 and a high of $84.26. As of last week, the company has a debt-to-equity ratio of 1.90, a current ratio of 0.87, and a quick ratio of 0.57. According to the stock market information, the enterprise value for the company is $44909006848, which is based on a 19.29 price-to-earnings ratio, a 2.26 price-to-earnings-growth ratio, and a beta of 0.71. The fifty day moving average price for ETR is $76.6694 and a two-hundred day moving average price translates $63.6795 for the stock.
The latest earnings results from Entergy Corp (NYSE: ETR) was released for 2024-09-30. The net profit margin was 14.81% and return on equity was 12.09% for ETR. The company reported revenue of $3.39 billion for the quarter, compared to $3.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.74 percent.
