With 5.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.41 million shares. The 52-week range on ETR shows that it touched its highest point at $88.38 and its lowest point at $52.06 during that stretch. It currently has a 1-year price target of $92.51. With its current market cap of 35.25 billion, ETR has annualized dividend of $2.36 while the current yield stands at 2.89%. Beta for the stock currently stands at 0.57.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ETR was down-trending over the past week, with a drop of -1.79%, but this was down by -1.97% over a month. Three-month performance dropped to -1.72% while six-month performance rose 8.84%. The stock gained 46.30% in the past year, while it has gained 7.91% so far this year. A look at the trailing 12-month EPS for ETR yields 3.08 with Next year EPS estimates of 4.35. For the next quarter, that number is 0.89. This implies an EPS growth rate of 6.04% for this year and 12.38% for next year. EPS is expected to grow by 9.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.94%.
Float and Shares Shorts:
At present, 430.77 million ETR shares are outstanding with a float of 429.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ETR since 14 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.66293 being high and $3.60289 being low. For ETR, this leads to a yearly average estimate of $3.63291.
