Wednesday, September 23, 2020

Entegris Inc. [ENTG] moved up 0.29: Why It’s Important

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Entegris Inc. [NASDAQ: ENTG] gained 0.29% on the last trading session, reaching $64.99 price per share at the time. The company report on August 3, 2020 that Entegris Asia Pte Ltd. and SIMTech Establish a Joint Research Laboratory Focused on Expanding and Enhancing Entegris’ Product Development Capabilities Using Additive Manufacturing (3D Printing).

In collaboration with SIMTech, the company will explore new product design capabilities and expanded market opportunities in 3D Printing .

Entegris, Inc. (NASDAQ: ENTG), a world-class supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, announced today that it is launching a joint research laboratory with the Agency for Science, Technology and Research’s (A*STAR) Singapore Institute of Manufacturing Technology (SIMTech). The laboratory will serve as a technology center where Entegris will explore capabilities for developing new products using 3D printing technologies with state-of-the-art modeling and simulation.

Entegris Inc. represents 134.70 million in outstanding shares, while the company has a total market value of $8.81 billion with the latest information. ENTG stock price has been found in the range of $64.59 to $65.90.

If compared to the average trading volume of 968.91K shares, ENTG reached a trading volume of 1612188 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Entegris Inc. [ENTG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ENTG shares is $75.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ENTG stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Craig Hallum have made an estimate for Entegris Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 24, 2020. While these analysts kept the previous recommendation, Citigroup dropped their target price from $61 to $50. The new note on the price target was released on March 23, 2020, representing the official price target for Entegris Inc. stock.

The Average True Range (ATR) for Entegris Inc. is set at 2.20, with the Price to Sales ratio for ENTG stock in the period of the last 12 months amounting to 5.24. The Price to Book ratio for the last quarter was 7.11, with the Price to Cash per share for the same quarter was set at 3.93. Price to Free Cash Flow for ENTG in the course of the last twelve months was 57.58 with Quick ratio for the last quarter at 3.60.

Trading performance analysis for ENTG stock

Entegris Inc. [ENTG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.13. With this latest performance, ENTG shares dropped by -6.11% in over the last four-week period, additionally plugging by 53.42% over the last 6 months – not to mention a rise of 42.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ENTG stock in for the last two-week period is set at 45.03, with the RSI for the last a single of trading hit 40.17, and the three-weeks RSI is set at 45.98 for Entegris Inc. [ENTG]. The present Moving Average for the last 50 days of trading for this stock 66.56, while it was recorded at 65.15 for the last single week of trading, and 56.34 for the last 200 days.

Entegris Inc. [ENTG]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Entegris Inc. [ENTG] shares currently have an operating margin of +15.54 and a Gross Margin at +40.55. Entegris Inc.’s Net Margin is presently recorded at +16.02.

Return on Total Capital for ENTG is now 12.04, given the latest momentum, and Return on Invested Capital for the company is 12.47. Return on Equity for this stock inclined to 23.40, with Return on Assets sitting at 10.55. When it comes to the capital structure of this company, Entegris Inc. [ENTG] has a Total Debt to Total Equity ratio set at 84.94. Additionally, ENTG Total Debt to Total Capital is recorded at 45.93, with Total Debt to Total Assets ending up at 39.36. Long-Term Debt to Equity for the company is recorded at 83.74, with the Long-Term Debt to Total Capital now at 45.28.

Reflecting on the efficiency of the workforce at the company, Entegris Inc. [ENTG] managed to generate an average of $48,087 per employee. Receivables Turnover for the company is 6.97 with a Total Asset Turnover recorded at a value of 0.66.Entegris Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.60 and a Current Ratio set at 5.00.

Entegris Inc. [ENTG]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Entegris Inc. posted 0.5/share EPS, while the average EPS was predicted by analysts to be reported at 0.45/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ENTG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Entegris Inc. go to 20.29%.

An analysis of insider ownership at Entegris Inc. [ENTG]

There are presently around $8,701 million, or 99.30% of ENTG stock, in the hands of institutional investors. The top three institutional holders of ENTG stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 19,069,366, which is approximately 4.696% of the company’s market cap and around 0.90% of the total institutional ownership; VANGUARD GROUP INC, holding 12,442,175 shares of the stock with an approximate value of $808.62 million in ENTG stocks shares; and BLACKROCK INC., currently with $666.19 million in ENTG stock with ownership of nearly 9.738% of the company’s market capitalization.

Positions in Entegris Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 174 institutional holders increased their position in Entegris Inc. [NASDAQ:ENTG] by around 11,330,277 shares. Additionally, 165 investors decreased positions by around 12,628,396 shares, while 31 investors held positions by with 109,916,639 shares. The mentioned changes placed institutional holdings at 133,875,312 shares, according to the latest SEC report filing. ENTG stock had 62 new institutional investments in for a total of 4,939,628 shares, while 33 institutional investors sold positions of 1,199,169 shares during the same period.

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