A new trading day began on January 24, 2023, with Entergy Corporation (NYSE: ETR) stock priced at $107.29, up 0.49% from the previous day of trading. During the day, the shares moved up to $107.63 and dropped to $105.88 before settling in for the closing price of $106.75. ETR’s price has ranged from $94.94 to $126.82 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 1.60% over the past five years. Meanwhile, its annual earnings per share averaged -19.70%. With a float of $202.71 million, this company’s outstanding shares have now reached $203.45 million.
Let’s look at the performance matrix of the company that is accounted for 12369 employees. In terms of profitability, gross margin is +23.07, operating margin of +16.47, and the pretax margin is +11.19.
Entergy Corporation (ETR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Diversified Industry. The insider ownership of Entergy Corporation is 0.10%, while institutional ownership is 92.70%. The most recent insider transaction that took place on Sep 06, was worth 22,146. In this transaction Director of this company sold 190 shares at a rate of $116.56, taking the stock ownership to the 7,379 shares. Before that another transaction happened on Aug 18, when Company’s Director sold 161 for $120.35, making the entire transaction worth $19,376. This insider now owns 7,375 shares in total.
Entergy Corporation (ETR) Latest Financial update
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $1.78 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +9.56 while generating a return on equity of 9.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -19.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.19% during the next five years compared to 29.90% growth over the previous five years of trading.
Entergy Corporation (NYSE: ETR) Trading Performance Indicators
Here are Entergy Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 19.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.15, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 6.75 in one year’s time.
Technical Analysis of Entergy Corporation (ETR)
Entergy Corporation (NYSE: ETR) saw its 5-day average volume 1.74 million, a negative change from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 40.20%. Additionally, its Average True Range was 2.40.
During the past 100 days, Entergy Corporation’s (ETR) raw stochastic average was set at 45.38%, which indicates a significant decrease from 53.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.50% in the past 14 days, which was higher than the 28.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $111.96, while its 200-day Moving Average is $113.35. Nevertheless, the first resistance level for the watch stands at $107.97 in the near term. At $108.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $109.72. If the price goes on to break the first support level at $106.22, it is likely to go to the next support level at $105.18. The third support level lies at $104.47 if the price breaches the second support level.
Entergy Corporation (NYSE: ETR) Key Stats
With a market capitalization of 21.74 billion, the company has a total of 203,484K Shares Outstanding. Currently, annual sales are 11,743 M while annual income is 1,119 M. The company’s previous quarter sales were 4,219 M while its latest quarter income was 555,880 K.