Entergy Stock Odds of Future Stock Price Finishing Under 80.54

ETR Stock  USD 105.68  0.80  0.76%   
Entergy's implied volatility is one of the determining factors in the pricing options written on Entergy. Implied volatility approximates the future value of Entergy based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Entergy over a specific time period. For example, 2024-04-19 CALL at $105.0 is a CALL option contract on Entergy's common stock with a strick price of 105.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:46:02 for $1.45 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.6, and an ask price of $1.8. The implied volatility as of the 28th of March is 16.83. View All Entergy options

Closest to current price Entergy long CALL Option Payoff at Expiration

Entergy's future price is the expected price of Entergy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Entergy performance during a given time horizon utilizing its historical volatility. Check out Entergy Backtesting, Entergy Valuation, Entergy Correlation, Entergy Hype Analysis, Entergy Volatility, Entergy History as well as Entergy Performance.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.
  
As of 03/28/2024, Price Earnings To Growth Ratio is likely to grow to 0.09, while Price Earnings Ratio is likely to drop 7.97. Please specify Entergy's target price for which you would like Entergy odds to be computed.

Entergy Target Price Odds to finish below 80.54

The tendency of Entergy Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 80.54  or more in 90 days
 105.68 90 days 80.54 
near 1
Based on a normal probability distribution, the odds of Entergy to drop to $ 80.54  or more in 90 days from now is near 1 (This Entergy probability density function shows the probability of Entergy Stock to fall within a particular range of prices over 90 days) . Probability of Entergy price to stay between $ 80.54  and its current price of $105.68 at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon Entergy has a beta of 0.77 suggesting as returns on the market go up, Entergy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Entergy will be expected to be much smaller as well. Additionally Entergy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Entergy Price Density   
       Price  

Predictive Modules for Entergy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Entergy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Entergy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
104.61105.60106.59
Details
Intrinsic
Valuation
LowRealHigh
96.5697.55115.96
Details
Naive
Forecast
LowNextHigh
104.83105.83106.82
Details
20 Analysts
Consensus
LowTargetHigh
97.93107.61119.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Entergy. Your research has to be compared to or analyzed against Entergy's peers to derive any actionable benefits. When done correctly, Entergy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Entergy.

Entergy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Entergy is not an exception. The market had few large corrections towards the Entergy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Entergy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Entergy within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.0071
β
Beta against NYSE Composite0.77
σ
Overall volatility
2.12
Ir
Information ratio -0.04

Entergy Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Entergy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Entergy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 26.25 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. Entergy has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Entergy until it has trouble settling it off, either with new capital or with free cash flow. So, Entergy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Entergy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Entergy to invest in growth at high rates of return. When we think about Entergy's use of debt, we should always consider it together with cash and equity.
Entergy has a strong financial position based on the latest SEC filings
Over 90.0% of Entergy shares are held by institutions such as insurance companies
On 1st of March 2024 Entergy paid $ 1.13 per share dividend to its current shareholders
Latest headline from pbs.org: Acquisition by Rodriguez Deanna D. of 1849 shares of Entergy subject to Rule 16b-3

Entergy Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Entergy Stock often depends not only on the future outlook of the current and potential Entergy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Entergy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding212.4 M
Cash And Short Term Investments132.5 M

Entergy Technical Analysis

Entergy's future price can be derived by breaking down and analyzing its technical indicators over time. Entergy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Entergy. In general, you should focus on analyzing Entergy Stock price patterns and their correlations with different microeconomic environments and drivers.

Entergy Predictive Forecast Models

Entergy's time-series forecasting models is one of many Entergy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Entergy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Entergy

Checking the ongoing alerts about Entergy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Entergy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 26.25 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. Entergy has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Entergy until it has trouble settling it off, either with new capital or with free cash flow. So, Entergy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Entergy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Entergy to invest in growth at high rates of return. When we think about Entergy's use of debt, we should always consider it together with cash and equity.
Entergy has a strong financial position based on the latest SEC filings
Over 90.0% of Entergy shares are held by institutions such as insurance companies
On 1st of March 2024 Entergy paid $ 1.13 per share dividend to its current shareholders
Latest headline from pbs.org: Acquisition by Rodriguez Deanna D. of 1849 shares of Entergy subject to Rule 16b-3
When determining whether Entergy is a strong investment it is important to analyze Entergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Entergy's future performance. For an informed investment choice regarding Entergy Stock, refer to the following important reports:
Check out Entergy Backtesting, Entergy Valuation, Entergy Correlation, Entergy Hype Analysis, Entergy Volatility, Entergy History as well as Entergy Performance.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Entergy Stock analysis

When running Entergy's price analysis, check to measure Entergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Stocks Directory
Find actively traded stocks across global markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Entergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Entergy. If investors know Entergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Entergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
8.115
Dividend Share
4.34
Earnings Share
11.1
Revenue Per Share
57.416
Quarterly Revenue Growth
(0.17)
The market value of Entergy is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy's value that differs from its market value or its book value, called intrinsic value, which is Entergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Entergy's market value can be influenced by many factors that don't directly affect Entergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Entergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.