Can Entergy Corp’s (ETR) hike of 6.95% in a week be considered a lucky break?

On Friday, Entergy Corp (NYSE: ETR) opened lower -6.45% from the last session, before settling in for the closing price of $154.78. Price fluctuations for ETR have ranged from $94.85 to $156.85 over the past 52 weeks.

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Annual sales at Utilities sector company grew by 2.63% over the past five years. Company’s average yearly earnings per share was noted 6.78% at the time writing. With a float of $213.38 million, this company’s outstanding shares have now reached $213.83 million.

Let’s look at the performance matrix of the company that is accounted for 12177 employees. In terms of profitability, gross margin is 36.47%, operating margin of 19.56%, and the pretax margin is 8.93%.

Entergy Corp (ETR) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Entergy Corp is 0.21%, while institutional ownership is 92.35%. The most recent insider transaction that took place on Sep 23 ’24, was worth 1,029,860. In this transaction EVP & Chief Operating Officer of this company sold 7,922 shares at a rate of $130.00, taking the stock ownership to the 34,993 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Officer proposed sale 7,922 for $130.00, making the entire transaction worth $1,029,860.

Entergy Corp (ETR) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 6.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.20% during the next five years compared to 19.11% growth over the previous five years of trading.

Entergy Corp (NYSE: ETR) Trading Performance Indicators

Check out the current performance indicators for Entergy Corp (ETR). In the past quarter, the stock posted a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.21, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach 7.73 in one year’s time.

Technical Analysis of Entergy Corp (ETR)

Entergy Corp (NYSE: ETR) saw its 5-day average volume 3.34 million, a positive change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 52.76%. Additionally, its Average True Range was 3.80.

During the past 100 days, Entergy Corp’s (ETR) raw stochastic average was set at 77.12%, which indicates a significant increase from 50.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.60% in the past 14 days, which was higher than the 29.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $129.68, while its 200-day Moving Average is $112.60. Nevertheless, the first resistance level for the watch stands at $151.44 in the near term. At $158.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $161.64. If the price goes on to break the first support level at $141.24, it is likely to go to the next support level at $137.68. The third support level lies at $131.04 if the price breaches the second support level.

Entergy Corp (NYSE: ETR) Key Stats

There are currently 213,831K shares outstanding in the company with a market cap of 28.96 billion. Presently, the company’s annual sales total 12,147 M according to its annual income of 2,362 M. Last quarter, the company’s sales amounted to 2,954 M and its income totaled 51,730 K.