Entegris Inc (ENTG) Shares Up Despite Recent Market Volatility

Entegris Inc (NASDAQ: ENTG) has experienced a rise in its stock price by 2.52 compared to its previous closing price of 140.23. However, the company has seen a gain of 5.24% in its stock price over the last five trading days. businesswire.com reported 2024-07-09 that BILLERICA, Mass.–(BUSINESS WIRE)–Entegris (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today issued its fourth annual Corporate Social Responsibility (CSR) report. The 2023 Corporate Social Responsibility Report is available online and provides a comprehensive overview of Entegris’ continued efforts to advance the company’s CSR strategy across its four key pillars: Innovation, Safety, Personal Develo.

Is It Worth Investing in Entegris Inc (NASDAQ: ENTG) Right Now?

The price-to-earnings ratio for Entegris Inc (NASDAQ: ENTG) is above average at 69.15x. The 36-month beta value for ENTG is also noteworthy at 1.24. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for ENTG is 150.04M, and at present, short sellers hold a 3.06% of that float. The average trading volume of ENTG on July 11, 2024 was 1.36M shares.

ENTG’s Market Performance

ENTG stock saw an increase of 5.24% in the past week, with a monthly gain of 10.52% and a quarterly increase of 3.33%. The volatility ratio for the week is 2.80%, and the volatility levels for the last 30 days are 3.11% for Entegris Inc (ENTG). The simple moving average for the last 20 days is 5.96% for ENTG’s stock, with a simple moving average of 19.95% for the last 200 days.

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 8.51% 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 -2.14% of loss for the given period.

Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares surge +8.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.42% upper at present.

During the last 5 trading sessions, ENTG rose by +5.24%, which changed the moving average for the period of 200-days by +59.73% in comparison to the 20-day moving average, which settled at $136.24. In addition, Entegris Inc saw 19.99% 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 LOY BERTRAND, who sale 27,044 shares at the price of $140.63 back on Jul 03 ’24. After this action, LOY BERTRAND now owns 263,068 shares of Entegris Inc, valued at $3,803,149 using the latest closing price.

Woodland Daniel D., the President, APS Division of Entegris Inc, sale 15,000 shares at $140.00 during a trade that took place back on Jul 03 ’24, which means that Woodland Daniel D. is holding 37,457 shares at $2,100,000 based on the most recent closing price.

Stock Fundamentals for ENTG

Current profitability levels for the company are sitting at:

  • 0.18 for the present operating margin
  • 0.41 for the gross margin

The net margin for Entegris Inc stands at 0.09. The total capital return value is set at 0.08. Equity return is now at value 9.52, with 3.41 for asset returns.

Based on Entegris Inc (ENTG), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.2. The interest coverage ratio of the stock is 2.14.

Currently, EBITDA for the company is 881.7 million with net debt to EBITDA at 5.09. When we switch over and look at the enterprise to sales, we see a ratio of 7.59. The receivables turnover for the company is 7.94for 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 3.35.

Conclusion

In summary, Entegris Inc (ENTG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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