Purchase Of Shares In Entegris Inc. (ENTG) By Shaner William James

0
13
KOSK
KOSK

At the last check on Thursday, Entegris Inc.’s (NASDAQ:ENTG) stock was up $4.01, moving up 4.23 percent to $98.72. The average number of shares traded per day over the past five days has been 1,162,571 shares. 2 times new highs have been achieved over the past 5 days, with a $0.15 gain in that time frame. In the last twenty days, the average volume was 1,852,338, while in the previous 50 days, it was 1,594,641.

Since last month, ENTG stock rose 37.19%. Shares of the company fell to $69.44 on 04/26/23, the lowest level in the past month. A 52-week high of $115.43 was reached on 05/18/23 after having rallying from a 52-week low of $61.75. Since the beginning of this year, ENTG’s stock price has risen by 50.51% or $32.62, and marked a new high 14 times. However, the stock has declined by -14.48% since its 52-week high.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

ENTG stock investors should be aware that Entegris Inc. (ENTG) stock had its last reported insider trading activity 10 days ago on May 15. Shaner William James, the SVP & President, AMH of the company, disposed of 14,004 shares for $91.61 on May 15. It resulted in a $1,282,906 divestment by the insider. O’Neill James Anthony sold 4,845 shares at an average price of $90.72 on May 11. The insider now owns 15,588 shares following the transaction. On Feb 21, EVP & CFO GRAVES GREGORY B sold 8,073 shares at $82.19 apiece. The transaction was valued at $663,509.

Valuation Metrics

Right now, Entegris Inc. (ENTG) has a P/E ratio of about 3642.69. The stock’s beta is 1.22. Besides these, the trailing price-to-sales (P/S) ratio of 4.04, the price-to-book (PB) ratio of 4.47.

The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10. On Wednesday January 19 2022, a $0.02 dividend increase was announced.

Financial Health

In the three months ended March 30, Entegris Inc.’s quick ratio stood at 2.10, while its current ratio was 3.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.78, and the total debt-to-equity ratio was 1.83. On the profitability front, the trailing twelve-month gross margin is 41.90% percent. In the year ended March 30, EBITDA margin amounted to 23.14%, whereas operating margins totaled 9.10%. Based on annual data, ENTG earned $1.4 billion in gross profit and brought in $3.28 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.90%. Return on equity (ROE) for the past 12 months was -0.20%.

In Entegris Inc.’s quarter-end financial report for March 30, it reported total debt of $5.63 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. ENTG’s revenue rose 29.57% to $946.07 million during the quarter, while net income inched up to $922.4 million. While analysts expected Entegris Inc. to report $0.52 quarterly earnings, the actual figure was $0.65 per share, beating the consensus estimate by 25.00%. During the quarter, the company generated $206.69 million in EBITDA. The liabilities of Entegris Inc. were 6.9 billion at the end of its most recent quarter ended March 30, and its total debt was $5.87 billion. The value of shareholders’ equity is $149.69 million.

Technical Picture

This quick technical analysis looks at Entegris Inc.’s (ENTG) price momentum. With a historical volatility rate of 32.09%, the RSI 9-day stood at 75.00% on 24 May.

With respect to its five-day moving average, the current Entegris Inc. price is up by +0.15% percent or $0.15. At present, ENTG shares trade +33.72% above its 20-day simple moving average and +49.73% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.74% above its SMA50 and +1.46% above its SMA200.

Stochastic coefficient K was 87.40% and Stochastic coefficient D was 87.34%, while ATR was 3.54. Given the Stochastic reading of 96.14% for the 14-day period, the RSI (14) reading has been calculated as 72.10%. As of today, the MACD Oscillator reading stands at 0.83, while the 14-day reading stands at 4.85.

Analyst Ratings

Entegris Inc. (ENTG) has been rated Overweight by analysts. According to 0 brokerage firms, ENTG is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Entegris Inc. stock as buy, with 8 recommending it as overweight.

With a median target price of $102.00, the current consensus forecast for the stock is $94.00 – $123.00. Based on these forecasts, analysts predict Entegris Inc. (ENTG) will achieve an average price target of $103.36.

LEAVE A REPLY

Please enter your comment!
Please enter your name here