The stock of Entegris Inc (ENTG) has gone down by -4.05% for the week, with a -0.26% drop in the past month and a 22.80% rise in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are 2.94% for ENTG. The simple moving average for the last 20 days is -2.99% for ENTG stock, with a simple moving average of 23.09% for the last 200 days.
Is It Worth Investing in Entegris Inc (NASDAQ: ENTG) Right Now?
Entegris Inc (NASDAQ: ENTG) has a price-to-earnings ratio that is above its average at 113.59x. The stock has a 36-month beta value of 1.30. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ENTG is 149.48M, and at present, short sellers hold a 2.90% of that float. On April 05, 2024, the average trading volume of ENTG was 1.41M shares.
ENTG) stock’s latest price update
Entegris Inc (NASDAQ: ENTG) has seen a decline in its stock price by -3.65 in relation to its previous close of 140.41. However, the company has experienced a -4.05% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-02-20 that The Zacks Electronics – Manufacturing Machinery industry participants like Entegris (ENTG) and Veeco Instruments (VECO) are benefiting from increased capital spending on high-performance computing, advanced packaging and memory.
Analysts’ Opinion of ENTG
Many brokerage firms have already submitted their reports for ENTG stocks, with Wolfe Research repeating the rating for ENTG by listing it as a “Outperform.” The predicted price for ENTG in the upcoming period, according to Wolfe Research is $160 based on the research report published on March 01, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see ENTG reach a price target of $140. The rating they have provided for ENTG stocks is “Neutral” according to the report published on February 20th, 2024.
Craig Hallum gave a rating of “Buy” to ENTG, setting the target price at $150 in the report published on February 15th of the current year.
ENTG Trading at 2.09% from the 50-Day Moving Average
After a stumble in the market that brought ENTG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.92% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares sank -2.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.73% upper at present.
During the last 5 trading sessions, ENTG fell by -4.05%, which changed the moving average for the period of 200-days by +27.01% in comparison to the 20-day moving average, which settled at $139.26. In addition, Entegris Inc saw 12.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ENTG starting from LEDERER JAMES P, who sale 1,500 shares at the price of $146.21 back on Mar 08 ’24. After this action, LEDERER JAMES P now owns 17,902 shares of Entegris Inc, valued at $219,315 using the latest closing price.
GENTILCORE JAMES, the Director of Entegris Inc, sale 2,567 shares at $145.03 during a trade that took place back on Mar 07 ’24, which means that GENTILCORE JAMES is holding 13,967 shares at $372,292 based on the most recent closing price.
Stock Fundamentals for ENTG
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.42 for the gross margin
The net margin for Entegris Inc stands at 0.05. The total capital return value is set at 0.07. Equity return is now at value 5.45, with 1.91 for asset returns.
Based on Entegris Inc (ENTG), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.34. The interest coverage ratio of the stock is 1.92.
Currently, EBITDA for the company is 881.7 million with net debt to EBITDA at 5.47. When we switch over and look at the enterprise to sales, we see a ratio of 6.96. The receivables turnover for the company is 7.71for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.85.
Conclusion
To sum up, Entegris Inc (ENTG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
