Entergy Corporation (ETR) has continued to underperform despite outperforming competitors, according to a second quarter earnings report. A noticeable event is the increase in dividends distributed to shareholders and a purchase of 38,692 shares by Pathway Financial Advisers LLC. It's expected that the company's 3rd quarter earnings will decline. However, its inherent value is estimated to be 27% to 28% greater than its share price. It is suggested to investors by several brokerages to be a moderate buy due to an impressive return of investment, a strong liquidity profile and credit rating. Shareholders did not seem to react negatively to the insider sale of shares owned by the company's EVP & COO, Peter S. Norgeot Jr. Amid these transactions and earnings report, the company's stock remained steady throughout. On the other hand, there's still a growing concern over the company's debt load.
Entergy Corporation ETR News Analytics from Thu, 09 Aug 2012 07:00:00 GMT to Sat, 26 Oct 2024 15:26:54 GMT -
Rating 4
- Innovation -2
- Information 4
- Rumor -1
