Entergy stock: buy or sell?
Updated on:
July 16th, 2019
4
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. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.Currently, Entergy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Entergy stock a buy?
Financial institutions and banks publish stock ratings everyday.
At Stocks2.com, we detected 8 ratings published for ETR stock in the last month. The general sentiment of these ratings is bullish for ETR stock, with 6 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 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
After marking all time highs on Wednesday, Entergy remained stable 0.04% to $104.88.
Entergy remained steady 0.04% today to $104.88 after marking all time highs on Wednesday. On Wednesday, ETR hit new all time highs, pushing higher previous ATH of $105.14 recorded on Jul 3rd. New ATHs are usual entry points for many trading setups as there aren't higher resistences. On April ETR price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Weekly outlook
Entergy shares gained 0.97% this week, ending at $104.88.
Entergy stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record Entergy marked last week. Since mid October 2018 when ETR stock price broke up the SMA20w line, it gained $25.95 (32.88%).
Entergy stock price history
Entergy stock historical price chart
ETR stock reached all-time highs on Wednesday with a price of $105.55.
Entergy stock price target is $102.20
Nobody can reliably foresee how stock prices may evolve in the future. 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. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 6 price predictions for Entergy stock posted in the last month:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 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) | $100.60 | $102.20 | 2.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
Entergy reported extraordinary results for 2018-Q4 on February. Entergy rocketed Earnings per Share (EPS) by 25.00%, beating experts of $0.48. 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
In 2018, Entergy annual sales remained steady a neutral -0.59% to $11,009.50 million USD from $11,074.50 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) grew a 3.99% to 7.83%.| 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 posted $2,512.48 million in sales for 2018-Q4, a -19.07% decline compared to previous quarter. Reported quarter earnings marked $-62.32 million with a profit margin of -2.48%. Profit margin plummed a -19.87% compared to previous quarter when profit margin was 17.39%. When comparing turnover to same quarter last year, Entergy sales marked a fateful loss 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.Entergy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.26% of all shares.
Bearish positions for ETR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Entergy:
| ETR | AEP | CMS | D | DUK | |
|---|---|---|---|---|---|
| Market cap | $19.9 B | $44.7 B | $16.6 B | $50.5 B | $64.8 B |
| Total shares | 189.9 M | 493.4 M | 283.8 M | 651.6 M | 728.1 M |
| Float shares | 189.3 M | 493.1 M | 281.8 M | 800.2 M | 727.5 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
| Tuesday, July 16th, 2019 | |
|---|---|
| Open | $104.70 |
| Close | $104.88 |
| Day range | $103.96 - $104.99 |
| Previous close | $104.84 |
| Session gain | 0.04% |
| Average true range | $1.53 |
| 50d mov avg | $100.24 |
| 100d mov avg | $96.84 |
| 200d mov avg | $90.45 |
| Daily pattern | |
| Weekly pattern | lt06a |
Entergy performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Entergy, the comparison is made against American Electric Power, CMS Energy, Dominion Energy, Duke Energy, Consolidated Edison, El Paso Electric, Exelon, OGE Energy, PPL and Southern.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| ETREntergy | 13.29% | 23.94% | 35.71% |
| AEPAmerican Electric... | 9.91% | 20.94% | 33.02% |
| CMSCMS Energy | 9.69% | 16.89% | 27.30% |
| DDominion Energy | 4.66% | 15.44% | 13.96% |
| DUKDuke Energy | 0.94% | 6.22% | 15.27% |
| EDConsolidated Edis... | 5.95% | 16.88% | 16.66% |
| EEEl Paso Electric | 12.81% | 31.39% | 11.05% |
| EXCExelon | -1.31% | 6.61% | 18.66% |
| OGEOGE Energy | 4.72% | 8.64% | 24.62% |
| PPL | -0.65% | 3.62% | 14.26% |
| SOSouthern | 8.35% | 20.69% | 23.04% |
Entergy competitors
We chose a few stocks to conform a list of Entergy competitors to check 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