Entegris Inc. (NASDAQ:ENTG) finished Friday with an addition of $1.3 to close at $96.48, an upside of 1.37 percent. An average of 1,141,820 shares of common stock have been traded in the last five days. There was a gain of $1.73 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 1,181,460 shares traded, while the 50-day average volume stands at 1,283,606.
ENTG stock has decreased by -9.59% in the last month. The company shares reached their 1-month lowest point of $92.54 on 08/18/23. With the stock rallying to its 52-week high on 06/13/23, shares of the company touched a low of $61.75 and a high of $114.47 in 52 weeks. It has reached a new high 19 times so far this year and achieved 47.10% or $30.89 in price. In spite of this, the price is down -15.72% from the 52-week high.
Insider Transactions
ENTG stock investors should be aware that Entegris Inc. (ENTG) stock had its last reported insider trading activity 5 days ago on Aug 21. In this transaction, the insider spent $182,210. SVP & President, AMH, Shaner William James, disposed of 14,004 shares at a price of $91.61 on May 15. The insider now owns more than $1,282,906 worth of shares. Prior to that, SVP & CTO O’Neill James Anthony went on to Sale 4,845 shares at $90.72 each on May 11. An amount of $439,538 was transacted.
Valuation Metrics
Entegris Inc. (ENTG) has a trailing price-to-earnings (P/E) ratio of 158.95. The stock’s beta is 1.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.82, the price-to-book (PB) ratio at 4.31.
The company has a payout ratio of 64.70%. The company’s most recent quarterly dividend payment was $0.10 a share, without any change from last year. Its latest increase dividend $0.02 reported on Wednesday January 19 2022.
Financial Health
The quick ratio of Entegris Inc. for the three months ended June 29 was 3.40, and the current ratio was 4.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.64 and a total debt to equity ratio of 1.64 for the quarter ending June 29. Entegris Inc.’s EBITDA margin for the year ending June 29 is 23.14%, while its operating margin for the same period stands at 11.40%. Its gross profit as reported stood at $1.4 billion compared to revenue of $3.28 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Entegris Inc.’s return on assets was 0.90%.
Earnings Surprise
For the three-month period that ended June 29, Entegris Inc. had $5.49 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $197.65 million in the quarter, while revenues of -$88.17 million were grew 49.66%. The analyst consensus anticipated Entegris Inc.’s latest quarter earnings to come in at $0.57 per share, but it turned out to be $0.66, a 15.80% surprise. For the quarter, EBITDA amounted to $366.01 million. Shareholders own equity worth $150.11 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Entegris Inc. (ENTG) price momentum. RSI 9-day as of the close on 25 August was 43.33%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.65%.
As of today, ENTG’s price is $97.18 +1.83% or $1.73 from its 5-day moving average. ENTG is currently trading -11.09% lower than its 20-day SMA and +22.59% higher than its 100-day SMA. However, the stock’s current price level is -14.79% below the SMA50 and +45.74% above the SMA200.
The stochastic %K and %D were 40.79% and 43.13%, respectively, and the average true range (ATR) was 3.11. With the 14-day stochastic at 39.17% and the average true range at 3.09, the RSI (14) stands at 42.74%. The stock has reached 0.80 on the 9-day MACD Oscillator while the 14-day reading was at -0.31.
Analyst Ratings
Craig Hallum downgraded Entegris Inc. (NASDAQ: ENTG) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Entegris Inc. (ENTG) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ENTG, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 8 others rate it as a “buy”.
What is ENTG’s price target for the next 12 months?
Analysts predict a range of price targets between $94.00 and $129.00, with a median target of $117.50. Taking a look at these predictions, the average price target given by analysts for Entegris Inc. (ENTG) stock is $115.50.
