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Entergy Corp Add to portfolio

INX:ETR, Dec 11, 04:55 UTC

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Saturday, December 08


News

Hedge Funds Are Crazy About Entergy Corporation (ETR)

ETR

Entergy Corporation (NYSE:ETR) investors should pay attention to an increase in support from the world's most elite money managers of late. Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. Nevertheless, we were still able to identify in advance a select group of hedge fund holdings that outperformed the market by 18 percentage points since May 2014 through December 3, 2018 (see the details here).

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  • Business
  • Financial

Wednesday, December 05


News

Low-beta stock produce lower return: Entergy Corporation (ETR) – Investor News Place

ETR

After the giving short look at one day return of Entergy Corporation it is observed that ETR reported up return of 1.33% in last trading session. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. Entergy Corporation (ETR) stock price traded at a gap of 3.58% from an average price of last twenty days and stands at a distance of 6.22% away from it’s an average price of recent fifty days. Many value investors look for stocks that are at or near their 52 week low, but this metric alone does not indicate whether a stock is under-valued. For example, a stock may near its 52 week low in a price correction after earnings expectations for future quarters were revised.

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News

Is Entergy (ETR) a Great Value Stock Right Now?

ETR

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Value investors will likely look at more than just these metrics, but the above data helps show that Entergy is likely undervalued currently. And when considering the strength of its earnings outlook, ETR sticks out at as one of the market's strongest value stocks.

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  • Financial
News

Stock Traders Purchase High Volume of Put Options on Entergy (NYSE:ETR) – PressOracle

ETR

The company’s stock had a trading volume of 2,547,800 shares, compared to its average volume of 1,509,443. The stock has a market capitalization of $15.77 billion, a PE ratio of 12.36, a PEG ratio of 1.78 and a beta of 0.42. During the same period last year, the firm earned $2.35 earnings per share. As a group, equities research analysts anticipate that Entergy will post 6.98 earnings per share for the current year. Morgan Stanley reduced their price objective on Entergy from $87.00 to $85.00 and set a “hold” rating on the stock in a research note on Friday, September 21st.

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Monday, December 03


News

Entergy Names David Ellis to Lead Entergy New Orleans - Oil & Gas 360

ETR

NEW ORLEANS, Dec. 3, 2018 /PRNewswire/ -- David D. Ellis, a 27-year veteran providing global reliability and clean energy technology solutions, has been named to lead Entergy New Orleans, LLC, as its president and CEO, Entergy Corporation (NYSE: ETR) announced today. "We conducted a comprehensive national search to find the right leader for Entergy New Orleans who can successfully implement our plan to improve reliability, create a smarter and greener energy grid for the city, and renew our role as a trusted partner and service provider for our customers and the communities we serve," said Rod West, group president utility operations, Entergy Corp. "David's deep background in innovation, reliability and resource management, and delivering customer-focused products and services make him the right choice to lead Entergy New Orleans into the future. We welcome him to the Crescent City." In August, company officials announced a renewed strategic focus for New Orleans electric customers that includes reliability and storm hardening to reduce power outages, nearly 100 megawatts of incremental renewable resources and the creation of a smarter energy grid with new technology to give customers more control and more options. In his 27 years as a reliability, technology and clean energy executive, Ellis has held a number of leadership positions at energy-focused companies, including Comverge International, Clean Power Markets, Inc., and Enerwise Global Technologies.

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  • Financial
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News

Entergy Names David Ellis to Lead Entergy New Orleans

ETR

NEW ORLEANS, Dec. 3, 2018 /PRNewswire/ -- David D. Ellis, a 27-year veteran providing global reliability and clean energy technology solutions, has been named to lead Entergy New Orleans, LLC, as its president and CEO, Entergy Corporation (ETR) announced today. Ellis comes to Entergy New Orleans from Global Power Technologies (GPT) in Edison NJ, where he was president and CEO. "We conducted a comprehensive national search to find the right leader for Entergy New Orleans who can successfully implement our plan to improve reliability, create a smarter and greener energy grid for the city, and renew our role as a trusted partner and service provider for our customers and the communities we serve," said Rod West, group president utility operations, Entergy Corp. "David's deep background in innovation, reliability and resource management, and delivering customer-focused products and services make him the right choice to lead Entergy New Orleans into the future. We welcome him to the Crescent City." In August, company officials announced a renewed strategic focus for New Orleans electric customers that includes reliability and storm hardening to reduce power outages, nearly 100 megawatts of incremental renewable resources and the creation of a smarter energy grid with new technology to give customers more control and more options.

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News

Entergy Co. (ETR) Position Boosted by Alliancebernstein L.P. – Fairfield Current

ETR

Alliancebernstein L.P. owned about 0.17% of Entergy worth $24,333,000 at the end of the most recent reporting period. State of New Jersey Common Pension Fund D now owns 108,700 shares of the utilities provider’s stock worth $8,782,000 after acquiring an additional 25,000 shares during the last quarter. In other news, EVP Marcus V. Brown sold 3,600 shares of Entergy stock in a transaction that occurred on Thursday, November 15th. During the same quarter in the previous year, the business earned $2.35 EPS. As a group, research analysts forecast that Entergy Co. will post 6.98 earnings per share for the current year.

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  • Financial

Sunday, December 02


News

Insider Selling: Entergy Co. (NYSE:ETR) EVP Sells 3,600 Shares of Stock – Marea Informative

ETR

Entergy Co. (NYSE:ETR) EVP Marcus V. Brown sold 3,600 shares of Entergy stock in a transaction on Thursday, November 15th. The firm has a market cap of $15.55 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 1.76 and a beta of 0.39. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Entergy from $82.00 to $85.00 and gave the company a “neutral” rating in a research note on Wednesday, August 29th. Whittier Trust Co. of Nevada Inc. now owns 1,855 shares of the utilities provider’s stock valued at $152,000 after buying an additional 1,486 shares during the last quarter.

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Friday, November 30


News

Entergy (ETR) Up 3.5% Since Last Earnings Report: Can It Continue?

ETR

A month has gone by since the last earnings report for Entergy (ETR). Will the recent positive trend continue leading up to its next earnings release, or is Entergy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Moreover, the reported figure increased 60.4% from $2.35 in the year-ago quarter.Excluding the effects of special items, the company’s GAAP earnings came in at $2.92 per share compared with $2.21 a year ago.Total RevenuesIn the quarter under review, Entergy reported total revenues of $3,104.3 million, surpassing the Zacks Consensus Estimate of $2,847 by 9%. However, it fell 4.3% from the year-ago quarter’s $3,244 million.Segment ResultsUtility: The segment’s quarterly adjusted earnings were $2.75 per share compared with $2.22 in the prior-year quarter.Parent & Other: The segment incurred adjusted loss of 40 cents per share against loss of 32 cents in the prior-year quarter.Entergy Wholesale Commodities (EWC): The segment reported adjusted earnings of $1.42 per share compared with 45 cents in the year-ago quarter.Highlights of the ReleaseOperating expenses in the quarter were $2.83 billion, up 14% from $2.48 billion in the year-ago quarter.Interest expenses were $195.3 million, up 17% from $166.9 million in the year-ago quarter.In the reported quarter, total retail customers served by the company increased 0.5% to nearly 2.9 million.Financial HighlightsAs of Sep 30, 2018, the company had cash and cash equivalents of $988 million compared with $781 million as of Dec 31, 2017.At the end of third quarter, the company generated cash from operating activities of $779.5 million, down from $893.1 million in the prior-year quarter.GuidanceFor 2018, Entergy increased its operational earnings guidance in a band of $6.75-$7.25 per share compared with its prior guidance of $6.25-$6.85.Utility, and Parent & Other adjusted earnings have been reaffirmed to be $4.50-$4.90 per share. How Have Estimates Been Moving Since Then?

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Thursday, November 29


News

Entergy Co. (NYSE:ETR) Shares Bought by Toronto Dominion Bank – Fairfield Current

ETR

Finally, Northern Trust Corp boosted its holdings in shares of Entergy by 2.8% during the second quarter. Northern Trust Corp now owns 2,450,865 shares of the utilities provider’s stock worth $198,006,000 after acquiring an additional 67,513 shares during the period. Finally, UBS Group upgraded Entergy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $85.00 to $92.00 in a research note on Friday, August 3rd. 44,401 shares of the stock traded hands, compared to its average volume of 1,337,830. The company has a market cap of $15.63 billion, a P/E ratio of 11.88, a P/E/G ratio of 1.77 and a beta of 0.39.

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  • Business
  • Financial