Entergy Corp
ETR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$984.00 | Vkjcyb | Vyyqysh |
Entergy Continues Steady Growth Trajectory; Stock Among Top Utilities Picks
We are reaffirming our $118 fair value estimate for Entergy after the company reported earning $6.42 per share on an adjusted basis in 2022, up 7% from 2021, beating our expectations, and hitting the top end of management's guidance range. We are reaffirming our narrow moat and stable moat trend ratings.