News coverage about Entergy (NYSE:ETR) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Entergy earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.9539924848284 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several equities research analysts have issued reports on ETR shares. Bank of America raised Entergy from a “neutral” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Tuesday, December 12th. TheStreet cut Entergy from a “b-” rating to a “c+” rating in a research note on Wednesday, December 6th. Morgan Stanley raised their target price on Entergy from $86.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. Wells Fargo & Co reissued an “outperform” rating and set a $96.00 target price (up previously from $90.00) on shares of Entergy in a research note on Wednesday, October 25th. Finally, Jefferies Group raised Entergy from a “hold” rating to a “buy” rating in a research note on Monday, October 16th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Entergy has a consensus rating of “Buy” and a consensus price target of $84.54.
Entergy (NYSE:ETR) traded down $0.80 during trading hours on Friday, reaching $76.99. The company had a trading volume of 1,382,694 shares, compared to its average volume of 1,350,000. The stock has a market capitalization of $13,830.00, a price-to-earnings ratio of -15.59, a PEG ratio of 2.26 and a beta of 0.55. Entergy has a 52-week low of $69.63 and a 52-week 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.
In other Entergy news, insider Charles L. Rice, Jr. sold 9,234 shares of Entergy stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $86.24, for a total transaction of $796,340.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Marcus V. Brown sold 3,000 shares of Entergy stock in a transaction dated Monday, November 13th. The stock was 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 of the company’s stock, valued at $1,924,054.88. The disclosure for this sale can be found here. Insiders have sold a total of 29,768 shares of company stock valued at $2,570,188 over the last ninety days. 0.24% of the stock is owned by company insiders.
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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