Entergy corporation (NYSE: ETR) has reported E.P.S. of $0.35 for its first fiscal quarter (ending March 31) versus $1.47 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $10.00 compared to $5.46 a year ago.
Recent Price Action
Entergy corporation (NYSE: ETR) stock closed at $106.46 on 4/24/24 after a slight decline of -0.7%. Moreover, this decline was accompanied by unusually high trading volume at 184% of normal. The stock has performed in line with the market over the last nine months and has risen 5.8% during the last week.
Current PriceTarget Research Rating
ETR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Entergy corporation has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Entergy corporation has a neutral Power Rating of 53 but a good Appreciation Score of 74, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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