Entegris Inc (ENTG) – Don’t Believe the Hype: Check The Facts

Entegris Inc (NASDAQ: ENTG) is 4.11% higher on its value in year-to-date trading and has touched a low of $69.37 and a high of $126.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ENTG stock was last observed hovering at around $119.88 in the last trading session, with the day’s gains setting it 4.87%.

Currently trading at $124.75, the stock is 5.42% and 8.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 4.06% at the moment leaves the stock 22.61% off its SMA200. ENTG registered 46.33% gain for a year compared to 6-month gain of 24.84%. The firm has a 50-day simple moving average (SMA 50) of $6.46 and a 200-day simple moving average (SMA200) of $25.46.

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The stock witnessed a 10.78% loss in the last 1 month and extending the period to 3 months gives it a 36.53%, and is 5.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.11% over the week and 2.86% over the month.

Entegris Inc (ENTG) has around 10000 employees, a market worth around $18.73B and $3.66B in sales. Current P/E ratio is 94.29 and Fwd P/E is 37.33. Profit margin for the company is 5.47%. Distance from 52-week low is 79.83% and -1.38% from its 52-week high. The company has generated returns on investments over the last 12 months (2.26%).

Entegris Inc quarterly earnings per share for the current quarter are estimated at $0.58 with sales reaching $780.87M over the same period.The EPS is expected to shrink by -30.55% this year, but quarterly earnings will post 6.40% year-over-year. Quarterly sales are estimated to shrink -17.50% in year-over-year returns.

725 institutions hold shares in Entegris Inc (ENTG), with institutional investors hold 103.51% of the company’s shares. The shares outstanding are 150.16M, and float is at 149.23M with Short Float at 3.52%. Institutions hold 102.98% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 14.48 million shares valued at $1.6 billion. The investor’s holdings represent 9.65% of the ENTG Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 14.34 million shares valued at $1.59 billion to account for 9.56% of the shares outstanding. The other top investors are Sands Capital Management, LLC which holds 9.33 million shares representing 6.21% and valued at over $1.03 billion, while Price (T.Rowe) Associates Inc holds 5.62% of the shares totaling 8.43 million with a market value of $934.33 million.

Entegris Inc (ENTG) Insider Activity

A total of 7 insider transactions have happened at Entegris Inc (ENTG) in the last six months, with sales accounting for 7 and purchases happening 0 times. The most recent transaction is an insider sale by Colella Joseph, the company’s SVP and General Counsel. SEC filings show that Colella Joseph sold 2,857 shares of the company’s common stock on Dec 22 at a price of $120.49 per share for a total of $0.34 million. Following the sale, the insider now owns 25769.0 shares.

Entegris Inc disclosed in a document filed with the SEC on Nov 24 that Colella Joseph (SVP and General Counsel) sold a total of 2,604 shares of the company’s common stock. The trade occurred on Nov 24 and was made at $102.86 per share for $0.27 million. Following the transaction, the insider now directly holds 28626.0 shares of the ENTG stock.

Still, SEC filings show that on Aug 21, O’Neill James Anthony (SVP & CTO) disposed off 1,918 shares at an average price of $95.00 for $0.18 million. The insider now directly holds 13,670 shares of Entegris Inc (ENTG).

Entegris Inc (ENTG): Who are the competitors?

One of the company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 227.49% up over the past 12 months.Broadcom Inc. (AVGO) lies in the list of competitors of the Entegris Inc and is 114.88% higher over the same period from ENTGQualcomm Inc. (QCOM) is 14.88% up on the 1-year trading charts.