Entegris Inc [ENTG] stock Upgrade by Citigroup analyst, price target now $130

Entegris Inc [NASDAQ: ENTG] traded at a low on Thursday, posting a -16.17 loss after which it closed the day’ session at $71.94.

The results of the trading session contributed to over 7347459 shares changing hands. Over the past one week, the price volatility of Entegris Inc stands at 6.44% while the volatility over the past one month is 4.24%.

The market cap for ENTG stock reached $10.89 billion, with 151.12 million shares outstanding and 149.43 million shares in the current float. Compared to the average trading volume of 2.98M shares, ENTG reached a trading volume of 7347459 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $129.30 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 1.58. 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.

Citigroup have made an estimate for Entegris Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 16, 2024. The new note on the price target was released on August 01, 2024, representing the official price target for Entegris Inc stock. Previously, the target price had yet another raise to $143, while Mizuho analysts kept a Outperform rating on ENTG stock.

The Average True Range (ATR) for Entegris Inc is set at 4.73, with the Price to Sales ratio for ENTG stock in the period of the last 12 months amounting to 3.36. The Price to Book ratio for the last quarter was 2.95, with the Price to Cash per share for the same quarter was set at 2.18. Price to Free Cash Flow for ENTG in the course of the last twelve months was 34.44 with Quick ratio for the last quarter at 1.86.

How has ENTG stock performed recently?

Entegris Inc [ENTG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.26. With this latest performance, ENTG shares dropped by -29.73% in over the last four-week period, additionally sinking by -34.43% over the last 6 months – not to mention a drop of -47.99% 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 20.46, with the RSI for the last a single of trading hit 12.79, and the three-weeks RSI is set at 26.20 for Entegris Inc [ENTG]. The present Moving Average for the last 50 days of trading for this stock 99.42, while it was recorded at 84.04 for the last single week of trading, and 109.16 for the last 200 days.

Entegris Inc [ENTG]: Deeper insight into the fundamentals

Entegris Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.86 and a Current Ratio set at 3.08.

Earnings analysis for Entegris Inc [ENTG]

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 17.67%.

Insider trade positions for Entegris Inc [ENTG]

There are presently around $106.25%, or 106.49%% of ENTG stock, in the hands of institutional investors. The top three institutional holders of ENTG stocks are: BLACKROCK INC. with ownership of 16.17 million shares, which is approximately 10.7231%. VANGUARD GROUP INC, holding 14.86 million shares of the stock with an approximate value of $$2.01 billion in ENTG stocks shares; and VANGUARD GROUP INC, currently with $$1.29 billion in ENTG stock with ownership which is approximately 6.2974%.