Entergy stock: buy or sell

ETR stock price: $94.69 -0.06% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021

1

Entergy stock brief

  • Entergy closed on Tuesday at $94.69 after only moving a -0.06%.
  • Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States.

Should I buy Entergy stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $ETR stock a buy?

Currently, Entergy stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $ETR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Entergy stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies give us the ability us to avoid impetuous decisions based on our personal sentiments or the noise surrounding the market. Our trading system selects very simple setups to guide us on when is the best time to sell a stock. Be aware that these setups should not be used for selling short Entergy stock

As a golden rule, you should never hold an operation that generates greater losses than those expected at the time of purchase. The moment to sell your stock must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Entergy stock?

Currently, Entergy stock doesn't match any of our preferred sell setups, so if you hold Entergy stock and your operation is in profit probably is not time to sell now

Entergy ratings

In the last month, 3 analyst ratings were published for Entergy. General sentiment is bullish, with 2 out of 3 posting positive forecasts

Entergy analysts' ratings - Last month
Brokerage firmRating
Jan 12th, 2021
KeyCorp Buy
Jan 20th, 2021
Morgan Stanley
Jan 21st, 2021
Evercore ISI NeutralBuy

Entergy stock analysis

SMAs overview

ETR stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $94.73 (0.04% above)
  • R2: $94.86 (0.18% above)
  • R3: $98.15 (3.65% above)
  • The current supports are:

  • S1: $92.48 (-2.33% below)
  • S2: $91.78 (-3.07% below)
  • S3: $91.17 (-3.72% below)
  • Bollinger bands

    Since the price broke down the lower band on January 12, the price rebounded by 3.17%

    ETR stock Bollinger Bands chart

    Relative strength index

    The RSI broke out the oversold level of 30 in late December after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI value on Tuesday was 41.43

    ETR stock RSI chart

    Entergy stock price history

    Entergy went public on Jun 1st, 1972 priced at $0.00 per share1. Since then, ETR stock has risen by -, with an average of 0.00% per year. If you had invested thousand dollars in Entergy stock on Jun 1972, it would have a value of $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    ETR stock price history chart

    Price target for Entergy stock

    Nobody can predict how much a share will be priced tomorrow. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new fundamental information by the company, and usually. If you are a small trader you should not trade based on these projections.

    Averaging all price targets exposed below, the estimated price for Entergy stock is $112.00. Entergy closed at $94.69 on Tuesday, so the target price is expecting an increase by 18.28%.

    Entergy stock price predictions
    Brokerage firmPrice target
    Jan 12th, 2021
    KeyCorp $125.00$115.00
    Jan 20th, 2021
    Morgan Stanley $111.00$109.00
    Jan 21st, 2021
    Evercore ISI Not available

    Earnings and financials

    Last October, Entergy Corporation ($ETR) reported EPS for that matched Wall St. expectations. Quarterly EPS was $2.44 per share vs the estimates of $2.42. Company's sales was $2.9 billion compared to $3.3 billion estimated by market consensus.

    For comparison, the EPS for the same quarter last year was $2.52, so reported EPS means a drop of -3.17%. Sales went down a -7.55% on an annualized basis in the , from $31.4B to $29.0B last quarter.

    Entergy ($ETR) is presenting Q4 earnings report mid next February. Expected for this quarter is $0.66, compared to $2.44 that was reported for Q3.

    Entergy performance

    ETR performance compared
    Company1m3m6m
    Entergy ($ETR) -1.00% -11.50% -4.80%

    Please read:
    The comments published in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the particular situations of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for general educational reasons only

    Entergy summary

    Tuesday, January 26th, 2021
    Open$95.04
    Close$94.69
    Day range$94.26 - $95.45
    Previous close$94.75
    Session gain-0.06%
    Average true range$2.44
    50d mov avg$101.66
    100d mov avg$101.59
    200d mov avg$99.25
    Earnings dateFebruary 17th, 2021

    Frequently asked questions

    What is Entergy stock symbol?

    Entergy Corporation is a public company trading in the US stock market with the ETR symbol

    Is Entergy stock a buy or sell?

    Entergy received 3 ratings in the last 30 days: 2 bullish, 0 bearish and 0 neutral.

    Will ETR go up?

    Entergy had different price forecasts issued by analysts in the last 4 weeks setting the target price to $112.00. That is a 18.28% than the current price ($94.69).