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.