Entegris Inc (NASDAQ: ENTG) Emerges As Guiding Light For Investors

Entegris Inc (NASDAQ:ENTG) currently has a daily average trading volume of 1.44M but it saw 2961838 shares traded in last market. With a market cap of 18.59B USD, the company’s current market price of $123.31 came falling about -7.23 while comparing to the previous closing price of $132.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $146.91 and as low as $72.96.

Taking a look at 20-day trading activity of Entegris Inc (ENTG) gives us an average price of $131.54, while its current price level is -16.06% below from 52-week high level whereas it is 69.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $135.34 while that of 200 days or SMA-200 reads an average of $112.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.80% during that period while stretching the period over a month that decreases to 3.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.96 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which initiated the stock as “Outperform” in its note to investors issued on March 01, 2024, recommending a price target of $160 for it. Mizuho downgraded its recommendation for the stock as a “Neutral” from “Buy” on February 20, 2024 while assigning a price target of $140. Craig Hallum issued its recommendations for the stock as it upgraded the price target for the stock is $150.

Over the week, ENTG’s stock price is moving -3.54% down while it is -10.85% when we observe its performance for the past one month. Year-to-date it is 2.91% up and over the past year, the stock is showing an upside performance of 64.61%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.65 beat the consensus estimate of 0.52 for the same. In next quarter, company is expected to be making quarterly sales of $813.39M as analysts are expecting the sales for current fiscal year at $3.41B and seeing the company making $3.88B in sales next year. Moreover, analysts are in estimates of $769.28M for current-quarter revenue.

Currently, Entegris Inc’s total number of outstanding shares is 150.36M. Company’s return on investment (ROI) stands at 2.24% and return on equity (ROE) at 5.45%. It has a price to earnings ratio (P/E ratio) of 103.54 while having a 27.05 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 5.44 while price to sale or P/S ratio amounts to 5.27. Its return on asset (ROA) is 1.91% on average.