Wall Street Zen Downgrades Entergy (NYSE:ETR) to Sell

Entergy (NYSE:ETR) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

A number of other research firms also recently issued reports on ETR. Mizuho set a $112.00 price objective on shares of Entergy in a report on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of Entergy in a research report on Thursday, January 22nd. Wells Fargo & Company upped their price objective on Entergy from $105.00 to $119.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Morgan Stanley set a $98.00 price objective on shares of Entergy in a report on Friday. Finally, UBS Group reaffirmed a “buy” rating and issued a $105.00 price objective (up previously from $96.00) on shares of Entergy in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Entergy currently has an average rating of “Moderate Buy” and a consensus price target of $106.11.

Entergy Stock Performance

NYSE:ETR opened at $104.01 on Friday. The stock has a market cap of $46.45 billion, a P/E ratio of 26.60, a PEG ratio of 2.06 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 1.62. The business’s 50-day moving average price is $95.78 and its two-hundred day moving average price is $93.87. Entergy has a twelve month low of $75.57 and a twelve month high of $106.71.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. Entergy had a return on equity of 11.04% and a net margin of 13.66%.During the same quarter last year, the company posted $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities analysts predict that Entergy will post 3.88 EPS for the current fiscal year.

Institutional Investors Weigh In On Entergy

Large investors have recently added to or reduced their stakes in the company. United Community Bank grew its holdings in shares of Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 242 shares during the period. Washington Trust Advisors Inc. boosted its position in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 154 shares in the last quarter. Physician Wealth Advisors Inc. grew its stake in Entergy by 56.9% in the third quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 115 shares during the period. Hantz Financial Services Inc. raised its holdings in Entergy by 150.4% in the third quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 194 shares in the last quarter. Finally, Capital A Wealth Management LLC lifted its position in Entergy by 5,466.7% during the second quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock valued at $28,000 after buying an additional 328 shares during the period. Institutional investors own 88.07% of the company’s stock.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.