As of Thursday close, Entegris Inc.’s (NASDAQ:ENTG) stock was down -$0.71, moving down -0.78 percent to $90.01. The average number of shares traded per day over the past five days has been 1,318,620 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.58 fall in that time frame. In the last twenty days, the average volume was 1,017,135, while in the previous 50 days, it was 1,116,250.
Since last month, ENTG stock retreated -7.41%. Shares of the company fell to $89.34 on 09/21/23, the lowest level in the past month. A 52-week high of $114.47 was reached on 06/13/23 after having rallying from a 52-week low of $61.75. Since the beginning of this year, ENTG’s stock price has risen by 37.23% or $24.42, and marked a new high 19 times. However, the stock has declined by -21.37% since its 52-week high.
ENTG stock investors should be aware that Entegris Inc. (ENTG) stock had its last reported insider trading activity 32 days ago on Aug 21. O’Neill James Anthony, the SVP & CTO of the company, disposed of 1,918 shares for $95.00 on Aug 21. It resulted in a $182,210 divestment by the insider. Shaner William James sold 14,004 shares at an average price of $91.61 on May 15. The insider now owns 17,912 shares following the transaction. On May 11, SVP & CTO O’Neill James Anthony sold 4,845 shares at $90.72 apiece. The transaction was valued at $439,538.
Valuation Metrics
Right now, Entegris Inc. (ENTG) has a P/E ratio of about 148.29. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 3.69, the price-to-book (PB) ratio of 4.02.
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 June 29, Entegris Inc.’s quick ratio stood at 3.40, while its current ratio was 4.60, 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 June 29 was 1.64, and the total debt-to-equity ratio was 1.64. On the profitability front, the trailing twelve-month gross margin is 41.50% percent. In the year ended June 29, EBITDA margin amounted to 23.14%, whereas operating margins totaled 11.40%. 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 2.90%.
In Entegris Inc.’s quarter-end financial report for June 29, it reported total debt of $5.49 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 23.08% to $921.69 million during the quarter, while net income inched up to $900.17 million. While analysts expected Entegris Inc. to report $0.57 quarterly earnings, the actual figure was $0.66 per share, beating the consensus estimate by 15.80%. During the quarter, the company generated $366.01 million in EBITDA. The liabilities of Entegris Inc. were 6.56 billion at the end of its most recent quarter ended June 29, and its total debt was $5.56 billion. The value of shareholders’ equity is $150.11 million.
Technical Picture
This quick technical analysis looks at Entegris Inc.’s (ENTG) price momentum. With a historical volatility rate of 15.34%, the RSI 9-day stood at 25.55% on 21 September.
With respect to its five-day moving average, the current Entegris Inc. price is down by -4.84% percent or -$4.58. At present, ENTG shares trade -9.15% below its 20-day simple moving average and +20.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately -16.25% below its SMA50 and +18.73% above its SMA200.
Stochastic coefficient K was 4.93% and Stochastic coefficient D was 8.49%, while ATR was 2.54. Given the Stochastic reading of 4.99% for the 14-day period, the RSI (14) reading has been calculated as 31.94%. As of today, the MACD Oscillator reading stands at -2.07, while the 14-day reading stands at -4.32.
Analyst Ratings
Entegris Inc. downgraded its rating on Entegris Inc. (NASDAQ: ENTG) to a Hold in a note to investors on August 04, 2023. The analysts firm previously had a Buy rating on the stock.Entegris Inc. (ENTG) has been rated Overweight by analysts. According to 0 brokerage firms, ENTG is a sell, and 4 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 7 recommending it as overweight.
With a median target price of $116.00, the current consensus forecast for the stock is $94.00 – $129.00. Based on these forecasts, analysts predict Entegris Inc. (ENTG) will achieve an average price target of $115.18.
