Investors Are Waking Up To Entergy Corp (NYSE: ETR) After Rising 51.35% Over The Past 12 Months

Entergy Corp (NYSE:ETR) currently has a daily average trading volume of 3.45M but it saw 1391028 shares traded in last market. With a market cap of 32.56B USD, the company’s current market price of $75.94 came falling about -0.38 while comparing to the previous closing price of $76.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $79.04 and as low as $48.08. In the recent trading on the day, stock has struck highest price mark of $75.5 while lowest mark touched by it was $76.2.

Taking a look at 20-day trading activity of Entergy Corp (ETR) gives us an average price of $75.42, while its current price level is -3.92% below from 52-week high level whereas it is 57.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $73.39 while that of 200 days or SMA-200 reads an average of $60.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.66% during that period while stretching the period over a month that increases to 1.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.01 which implies that the stock is in neutral territory.

Morgan Stanley upgraded its recommendation for the stock as a “Equal-Weight” from “Underweight” on November 04, 2024 while assigning a price target range of $116-$150. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $138 and $154.

Over the week, ETR’s stock price is moving 3.76% up while it is -0.41% when we observe its performance for the past one month. Year-to-date it is 50.09% up and over the past year, the stock is showing an upside performance of 51.35%.

Currently, Entergy Corp’s total number of outstanding shares is 428.82M. Company’s return on investment (ROI) stands at 4.20% and return on equity (ROE) at 12.09%. It has a price to earnings ratio (P/E ratio) of 18.49 while having a 19.60 of forward P/E ratio. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 2.17 while price to sale or P/S ratio amounts to 2.75. Its return on asset (ROA) is 2.82% on average.