Alert: Rating Downgrade (5/22/20)-Entergy Corp. (NYSE: ETR).


Stock Rating Downgrade

Of late the Value Trend Rating for Entergy Corp. (NYSE: ETR) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

On 5/22/20, Entergy Corp. (NYSE: ETR) stock rose modestly by 0.3%, closing at $97.96. However, this advance was accompanied by unusually low trading volume at 54% of normal. The stock has performed in line with the market over the last nine months and has risen 3.2% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ETR is expected to continue to be a Value Builder.

Entergy has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Entergy has a poor Appreciation Score of 28 but a good Power Rating of 72, with the Neutral Value Trend Rating the result.

About John Lafferty 77056 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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