Media headlines about Entergy (NYSE:ETR) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Entergy earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 45.9539924848284 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities analysts recently weighed in on ETR shares. TheStreet raised shares of Entergy from a “c” rating to a “b-” rating in a research report on Friday, October 27th. Mizuho raised shares of Entergy from a “neutral” rating to a “buy” rating in a research report on Friday, November 17th. Guggenheim reaffirmed a “buy” rating and set a $101.00 price objective on shares of Entergy in a research report on Wednesday, January 3rd. Jefferies Group raised shares of Entergy from a “hold” rating to a “buy” rating in a research report on Monday, October 16th. Finally, Citigroup raised shares of Entergy from a “neutral” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Friday, October 13th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $84.54.
Entergy (ETR) traded down $0.95 during trading on Friday, reaching $78.22. 998,700 shares of the company’s stock were exchanged, compared to its average volume of 1,247,144. The firm has a market cap of $14,050.00, a price-to-earnings ratio of -15.83, a PEG ratio of 2.30 and a beta of 0.55. Entergy has a 12 month low of $69.63 and a 12 month high of $87.95. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.58 and a current ratio of 0.78.
Entergy (NYSE:ETR) last released its earnings results on Tuesday, October 24th. The utilities provider reported $2.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.24 by $0.11. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.13 billion. Entergy had a negative net margin of 7.82% and a positive return on equity of 14.76%. During the same period in the prior year, the business earned $2.31 EPS. analysts predict that Entergy will post 6.91 EPS for the current year.
In other news, EVP Marcus V. Brown sold 3,000 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $86.42, for a total value of $259,260.00. Following the sale, the executive vice president now directly owns 22,264 shares in the company, valued at approximately $1,924,054.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Charles L. Rice, Jr. sold 9,234 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $86.24, for a total transaction of $796,340.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,012 shares of company stock worth $4,267,922. 0.24% of the stock is owned by company insiders.
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Entergy Company Profile
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.
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