Entergy stock: buy or sell?
Updated on:
September 20th, 2019
5
Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States.
Should I buy Entergy stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, 2 buy setups match with Entergy stock now:
| Buy setup | Elegible |
|---|---|
| New all-time high | Yes |
| New 52 week high | Yes |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Entergy stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
At Stocks2.com, we detected 11 ratings published for ETR stock in the last month. The general sentiment of these ratings is bullish for ETR stock, with 8 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-9 | JPMorgan Chase & Co. | Neutral | Overweight |
| 2019-9-6 | Morgan Stanley | Overweight | Equal Weight |
| 2019-8-21 | Morgan Stanley | n/a | Overweight |
| 2019-6-7 | UBS Group | n/a | Buy |
| 2019-6-14 | Morgan Stanley | n/a | Overweight |
| 2019-5-16 | Morgan Stanley | n/a | Overweight |
| 2019-4-18 | Morgan Stanley | Equal Weight | Overweight |
| 2019-3-11 | Macquarie | Neutral | Outperform |
| 2019-2-21 | Wells Fargo & Co | Outperform | Outperform |
| 2019-2-12 | Morgan Stanley | Equal Weight | Equal Weight |
| 2019-1-23 | Royal Bank of Canada | n/a | Hold |
Entergy stock analysis
Daily outlook
Entergy remained steady 0.11% today to $115.21 after reaching all time highs today.
Entergy set new all time highs again today, setting highs to $116.57. Shares closed at $115.21 and remained constant 0.11%. From a daily outlook perspective, ETR is drawing an uptrend of rising tops and rising bottoms. Since its last top on September 4th at $115.90, price slid and found support around $111.10. Breaking down under $111.10 would cancel the current uptrend and it might slide further to test lower supports. Note that $115.90 might act as a resistance line. Trading the long side, we should wait to a new breakout over $115.90 to find the next buy point.
Weekly outlook
Shares of Entergy closed this week at $115.21 after topping to a new all time high ($116.57) and raised a fine 1.49%.
In a weekly time frame, Entergy stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, ETR might consolidate in a flat-base, waiting to break out over or down under . Since price and SMA20w lines crossed up by mid October 2018, ETR climbed $36.96 (47.23%).
Entergy stock price history
Entergy stock historical price chart
ETR stock reached all-time highs today with a price of $116.57.
Entergy stock price target is $106.40
Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 9 price forecasts for Entergy stock:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-9-9 | JPMorgan Chase & Co. | Upgrades | $105.00 | $116.00 | 10.5% |
| 2019-9-6 | Morgan Stanley | Downgrades | $114.00 | $115.00 | 0.9% |
| 2019-8-21 | Morgan Stanley | Raises Target | $111.00 | $114.00 | 2.7% |
| 2019-6-7 | UBS Group | Raises Target | $107.00 | $112.00 | 4.7% |
| 2019-6-14 | Morgan Stanley | Raises Target | $105.00 | $109.00 | 3.8% |
| 2019-5-16 | Morgan Stanley | Raises Target | $104.00 | $105.00 | 1% |
| 2019-2-21 | Wells Fargo & Co | Raises Target | $99.00 | $105.00 | 6.1% |
| 2019-2-12 | Morgan Stanley | Raises Target | $88.00 | $91.00 | 3.4% |
| 2019-1-23 | Royal Bank of Canada | Reiterates | n/a | $91.00 | - |
| (in average) | $104.10 | $106.40 | 2.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
On February, Entergy reported its latest financial data, posting a dazzling growth for the Earnings per Share (EPS) ratio. Experts were expecting $0.48 per share, but Entergy posted $0.60.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 2.97 | n/a |
| 2017-Q3 | 2017-10-24 | 2.19 | 2.35 | 7.3% |
| 2017-Q4 | 2018-02-23 | 0.42 | 0.76 | 81.0% |
| 2018-Q1 | 2018-04-25 | 1.31 | 1.16 | -11.5% |
| 2018-Q2 | 2018-08-01 | 1.26 | 1.79 | 42.1% |
| 2018-Q3 | 2018-10-31 | 2.83 | 3.77 | 33.2% |
| 2018-Q4 | 2019-02-20 | 0.48 | 0.6 | 25.0% |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual turnover report draw a neutral movement of -0.59% to $11,009.50 M USD. However, its profit margin (compared to revenues) appreciated to 7.83%, that is $862.56 million.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $11,400 M | - | $731 M6.4% | - |
| 2014 | $12,495 M | 9.60% | $960 M7.7% | 31.44% |
| 2015 | $11,513 M | -7.86% | $-156.73 M-1.4% | -116.32% |
| 2016 | $10,846 M | -5.80% | $-564.50 M-5.2% | 260.17% |
| 2017 | $11,075 M | 2.11% | $425 M3.8% | -175.35% |
| 2018 | $11,010 M | -0.59% | $863 M7.8% | 102.79% |
Quarterly financial results
Entergy reported $2,512.48 M in revenues for 2018-Q4, a -19.07% decline compared to previous quarter. Reported quarter income marked $-62.32 million with a profit margin of -2.48%. Profit margin collapsed a -19.87% compared to previous quarter when profit margin was 17.39%. When comparing revenues to same quarter last year, Entergy sales marked a fatal slide and slightly fell a -4.24%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $2,590 M | - | $413 M16.0% | - |
| 2017-Q3 | $3,244 M | 25.24% | $402 M12.4% | -2.84% |
| 2017-Q4 | $2,624 M | -19.11% | $-476 M-18.1% | -218.44% |
| 2018-Q1 | $2,724 M | 3.81% | $136 M5.0% | -128.63% |
| 2018-Q2 | $2,669 M | -2.02% | $249 M9.3% | 82.72% |
| 2018-Q3 | $3,104 M | 16.32% | $540 M17.4% | 116.92% |
| 2018-Q4 | $2,512 M | -19.07% | $-62 M-2.5% | -111.55% |
| 2019-Q1 | $2,610 M | 3.86% | $259 M9.9% | -515.02% |
Entergy ownership
When you are planning to buy a company, it's always worth to review its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Entergy, 0.26% of all outstanding shares are owned by its staff.
Bearish positions for ETR stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
| ETR | AEP | CMS | D | DUK | |
|---|---|---|---|---|---|
| Market cap | $22.9 B | $46.0 B | $17.8 B | $64.9 B | $69.4 B |
| Total shares | 198.8 M | 493.8 M | 283.8 M | 803.4 M | 728.6 M |
| Float shares | 198.1 M | 493.2 M | 281.9 M | 800.7 M | 727.6 M |
| - Institutional holdings (%) | 91.2% | 75.8% | 94.5% | 60.2% | 61.7% |
| - Insider holdings (%) | 0.3% | 0.0% | 0.6% | 0.3% | 0.1% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Entergy summary
| Friday, September 20th, 2019 | |
|---|---|
| Open | $115.93 |
| Close | $115.21 |
| Day range | $114.63 - $116.57 |
| Previous close | $115.08 |
| Session gain | 0.11% |
| Average true range | $1.54 |
| 50d mov avg | $109.00 |
| 100d mov avg | $103.92 |
| 200d mov avg | $96.31 |
| Daily pattern | lb03a |
| Weekly pattern | lt06a |
Entergy performance
To better understand Entergy performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Entergy against American Electric Power, CMS Energy, Dominion Energy, Duke Energy, Consolidated Edison, El Paso Electric, Exelon, OGE Energy, PPL and Southern in the following table:| Stock | 3m | 6m | 12m |
|---|---|---|---|
| ETREntergy | 11.45% | 22.04% | 45.05% |
| AEPAmerican Electric... | 2.52% | 11.13% | 34.86% |
| CMSCMS Energy | 6.96% | 14.50% | 31.07% |
| DDominion Energy | 4.38% | 9.59% | 19.59% |
| DUKDuke Energy | 7.51% | 7.27% | 24.50% |
| EDConsolidated Edis... | 4.45% | 10.70% | 22.92% |
| EEEl Paso Electric | 2.55% | 17.44% | 16.09% |
| EXCExelon | -3.10% | -2.16% | 14.43% |
| OGEOGE Energy | 4.36% | 6.13% | 27.10% |
| PPL | 1.18% | 1.12% | 12.58% |
| SOSouthern | 9.76% | 20.42% | 45.56% |
Entergy competitors
We chose a few stocks to conform a list of Entergy competitors to examine if you are interested in investing in ETR:- American Electric Power (AEP)
- CMS Energy (CMS)
- Dominion Energy (D)
- Duke Energy (DUK)
- Consolidated Edison (ED)
- El Paso Electric (EE)
- Exelon (EXC)
- OGE Energy (OGE)
- PPL (PPL)
- Southern (SO)
Latest Entergy stock news
- InvestorPlace3 Big Stock Charts for Monday: Entergy, Incyte and SL Green RealtyAugust 6, 2018