You should consider shares of CRISPR Therapeutics AG (NASDAQ:CRSP) and Entergy Corporation (NYSE:ETR) if you are looking for a great stocks to invest in. Starting with the CRSP shares, which traded at $70.71 at the close of the recent session, dropping -1.93%. On Thursday, the company’s shares shed -$1.39 from its value which represented in intraday trading. The stock is now 94.58% higher in year-to-date (YTD) trading. CRSP’s intraday high was $73.24 while its lowest price touched $69.85. The stock’s 52-week high price is $74.00, which means the current price is at -4.45%. In terms of trading activity, the daily trading volume rose to 1076129 against 200-day average trading volume of 697,027 shares.
What are analyst forecasts for CRISPR Therapeutics AG (NASDAQ:CRSP)?
At a consensus rating of 4.27, CRSP is trending as a streaking Moderate Buy, as it has been the case a month ago when 12 analysts called it a Moderate Buy. Two months ago, 14 analysts recommended, on average, that CRSP stock is a Moderate Buy. The Healthcare company’s shares’ overall bearish trend saw it close lower on Thursday compared to its opening price of $72.17 on the day.
Forecasts for CRISPR Therapeutics AG (NASDAQ:CRSP) give the stock a fair value for the growth of 11.61% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $80.00, which means the price per share could rise by nearly $9.29. The price range target is between a low of $28.00 and a high of $104.00. The stock would need to gain by about $32.01 to hit the estimated high or 0.31% from its 12-month low.
The consensus among 16 analysts is that it is a good time for one to Overweight in the CRISPR Therapeutics AG. 12 analysts rate CRSP as a Buy, with 2 of 16 analysts rate it as a Sell. 0 have valued the stock as Overweight and 2 have recommended that investors Hold.
CRISPR Therapeutics AG (NASDAQ:CRSP) Upgrades and Downgrades
In terms of rating changes, William Blair on November 19, 2019, Upgrade CRISPR Therapeutics AG (CRSP) at Outperform. Analysts at Oppenheimer have assigned a Outperform rating for the stock in their research note on November 12, 2019 with an estimated price target of $65. Moreover, Jefferies analysts issued a rating of Buy for the stock on August 01, 2019, giving it a price target of $64 for the next 12 months. On July 26, 2019, the stock earned a Buy rating due to an analyst call from Canaccord Genuity, while analysts from ROTH Capital on June 10, 2019 suggested that the stock is Buy.
Entergy Corporation (NYSE:ETR) adds $0.31 on Thursday
The ETR stock has risen 37.59% year-to-date and is currently trading at $118.42, which is -3.01% below its 52-week high. The company shares gained 0.26% on the day and have risen nearly 44.31% off a low hit. At current levels, Entergy Corporation has a valuation of about $10.93B. As of 12/05/19, this stock has risen 1.28% during the week and closed at $118.11 in the previous session. However, recent Entergy Corporation stock performance shows that ETR shares are 1.58% up over the last month, and 4.29% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.41, with the trailing 12-month share earnings at $4.00. The ratio is expected to be down by -26.90% for the current year 2019 and 5.10% for next year. Over the next 5-year period, earnings per share will be -1.50%. But will the ETR stock surprise in the current quarter results, where the $2.52 actual EPS reported on 9/29/2019 surprised by 10.00% or was higher by $0.23 from the estimated $2.29.
Sales Growth to climb 3.90% for the year
How well will Entergy Corporation perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $2.52B and $3.08B in current quarter sales. The consensus estimated for the current quarter is $2.87B from sales. Forecasts for this fiscal year are between $10.52B and $12.62B and the consensus estimate for sales is at $11.45B. ETR has its next quarter sales estimates at between $2.31B and $3.04B, with the quarter-over-quarter growth estimates at 2.50% and the annual growth forecast for the year at 3.90%.
Who owns shares in Entergy Corporation (ETR)?
Let’s briefly focus on the share ownership of the Entergy Corporation (NYSE:ETR) stock, where we find that 91.22% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 24.0 million shares or 12.06% of shares outstanding. Blackrock Inc. and State Street Corporation held 16.27 million and 10.78 million representing 8.17% and 5.42% respectively at the close of the last trading session. As of Sep 29, 2019, Price (T.Rowe) Associates Inc accounted for 10.49 million shares at over 1.23 billion. This represented 5.27% of shares outstanding. Invesco Ltd. held 9.41 million shares at over 1.1 billion representing 4.73% of shares outstanding.
ETR Insider Activity
Insider activity can also give a signal in terms of price direction. Looking at Entergy Corporation (ETR), a total of 196239 shares have been sold by insiders over the last 6 months while 215907 shares were added in the same time span. On 5/13/2019, Chairman & Chief Executive Officer by the name Denault Leo P sold 44279.0 shares worth $4.3 million at the price of $97.50 per share. Filings also show that Denault Leo P bought a total of 50000.0 shares on 5/13/2019 valued at $3.9 million. Since the last insider activity, the company’s share price has climbed 21.18%.