Analyst Ratings for Entergy Corp. (ETR)

Updated: 2017-07-28

Shares of Entergy Corp. (NYSE:ETR) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for ETR last month.

Of the 21 analysts covering the stock, 2 gave it a buy rating, 1 gave an overweight rating, 16 gave a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has decreased by 1.

Investment analysts gave a few price targets for ETR. The maximum price target given was 88, implying potential capital gains of 15.56 percent. The most pessimistic analyst gave a price target of 74, which equates to a potential downside of -2.82 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.83 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.06 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.1 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.31 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

ETR has traded between a high of 82.00 and a low of 66.71 over the past year. The current market price is above the trailing year's low by 14.15 percent, and 7.13 percent below the high. ETR has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ETR value stock report compares ETR to some of its peers using value stock charts. The stock has a market capitalization of $13.57 billion. ETR's next earnings release will be on 0000-00-00, which is days away.