Entergy Texas EBITDA vs. Earnings Per Share

ETI-P Preferred Stock  USD 24.50  0.20  0.82%   
Based on Entergy Texas' profitability indicators, Entergy Texas may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Entergy Texas' ability to earn profits and add value for shareholders.
For Entergy Texas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Entergy Texas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Entergy Texas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Entergy Texas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Entergy Texas over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Entergy Texas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy Texas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy Texas' 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.

Entergy Texas Earnings Per Share vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Entergy Texas's current stock value. Our valuation model uses many indicators to compare Entergy Texas value to that of its competitors to determine the firm's financial worth.
Entergy Texas is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in earnings per share category among its peers . The ratio of EBITDA to Earnings Per Share for Entergy Texas is about  91,450,051 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Entergy Texas' earnings, one of the primary drivers of an investment's value.

Entergy Earnings Per Share vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Entergy Texas

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
357.02 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Entergy Texas

Earnings per Share

 = 

Earnings

Average Shares

 = 
3.90 X
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Entergy Earnings Per Share Comparison

Entergy Texas is currently under evaluation in earnings per share category among its peers.

Entergy Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Entergy Texas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Entergy Texas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Entergy Texas' important profitability drivers and their relationship over time.

Use Entergy Texas in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entergy Texas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entergy Texas will appreciate offsetting losses from the drop in the long position's value.

Entergy Texas Pair Trading

Entergy Texas Pair Trading Analysis

The ability to find closely correlated positions to Entergy Texas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy Texas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entergy Texas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entergy Texas to buy it.
The correlation of Entergy Texas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entergy Texas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy Texas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entergy Texas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Entergy Texas position

In addition to having Entergy Texas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Broad Municipals ETFs Theme
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Additional Tools for Entergy Preferred Stock Analysis

When running Entergy Texas' price analysis, check to measure Entergy Texas' 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 Texas is operating at the current time. Most of Entergy Texas' value examination focuses on studying past and present price action to predict the probability of Entergy Texas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy Texas' price. Additionally, you may evaluate how the addition of Entergy Texas to your portfolios can decrease your overall portfolio volatility.