Market Analysts see Entegris Inc [ENTG] gaining to $160. Time to buy?

Entegris Inc [NASDAQ: ENTG] price plunged by -8.65 percent to reach at -$12.67.

The one-year ENTG stock forecast points to a potential upside of 10.25. The average equity rating for ENTG stock is currently 1.86, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Guru’s Opinion on 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 $149.09 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 1.86. 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.

Wolfe Research have made an estimate for Entegris Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 01, 2024. The new note on the price target was released on February 20, 2024, representing the official price target for Entegris Inc stock. Previously, the target price had yet another raise to $150, while Craig Hallum analysts kept a Buy rating on ENTG stock.

The Average True Range (ATR) for Entegris Inc is set at 5.12, with the Price to Sales ratio for ENTG stock in the period of the last 12 months amounting to 5.98. The Price to Book ratio for the last quarter was 5.88, with the Price to Cash per share for the same quarter was set at 2.26. Price to Free Cash Flow for ENTG in the course of the last twelve months was 85.71 with Quick ratio for the last quarter at 2.02.

ENTG Stock Performance Analysis:

Entegris Inc [ENTG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.93. With this latest performance, ENTG shares dropped by -0.07% in over the last four-week period, additionally plugging by 18.70% over the last 6 months – not to mention a rise of 19.75% 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 45.14, with the RSI for the last a single of trading hit 40.07, and the three-weeks RSI is set at 47.65 for Entegris Inc [ENTG]. The present Moving Average for the last 50 days of trading for this stock 133.92, while it was recorded at 142.12 for the last single week of trading, and 121.41 for the last 200 days.

Insight into Entegris Inc Fundamentals:

Entegris Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.02 and a Current Ratio set at 3.35.

ENTG Stock EPS

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 26.97%.

Entegris Inc [ENTG] Institutonal Ownership Details

The top three institutional holders of ENTG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ENTG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ENTG stock with ownership which is approximately 5.1238%.

Most Popular