Impact of Brokerage Rating on Entergy Corporation(ETR)

Many Entergy Corporation(ETR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Entergy Corporation was Downgraded by BofA/Merrill to Underperform on Nov 22, 2016.

Company has reported several Insider transactions to the SEC, on Aug 16, 2016, Kimberly H Despeaux (Senior Vice President) sold 2,000 shares at 79.55 per share price.On May 17, 2016, Alexis M Herman (director) sold 1,091 shares at 76.24 per share price.On May 5, 2016, Roderick K West (EVP & Chief Admin. Officer) sold 64,000 shares at 75.76 per share price.

Entergy Corporation Last issued its quarterly earnings results on Oct 25, 2016. The company reported $2.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.31. Analyst had a consensus of $2.00.Analysts expectations of $ 3535.78.During the same quarter in the previous year, the company posted $1.90 EPS.

Entergy Corporation (NYSE:ETR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.07 by 10 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Entergy Corporation (NYSE:ETR) shares are expected to touch $77.29 in the short term. This short term price target has been shared by 7 analysts. However, the standard deviation of short term price estimate has been valued at 7.67. The target price could hit $88 on the higher end and $67 on the lower end.

Entergy Corporation (NYSE:ETR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.63% or 1.17 points. After the session commenced at $71.68, the stock reached the higher end at $71.81 while it hit a low of $70.58. With the volume soaring to 1,483,252 shares, the last trade was called at $70.79. The company has a 52-week high of $82.085. The company has a market cap of $12,680 million and there are 179,127,890 shares in outstanding. The 52-week low of the share price is $66.71.

Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. They are a major integrated energy company engaged in power production, distribution operations, and related diversified services. They are also a leading provider of wholesale energy marketing and trading services, as well as an operator of natural gas pipeline and storage facilities.


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