Entegris Inc (NASDAQ: ENTG) is 12.13% higher on its value in year-to-date trading and has touched a low of $69.37 and a high of $140.10 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 $131.62 in the last trading session, with the day’s gains setting it 2.74%.
Currently trading at $134.36, the stock is 5.29% and 10.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 2.08% at the moment leaves the stock 27.24% off its SMA200. ENTG registered 57.64% gain for a year compared to 6-month gain of 33.85%. The firm has a 50-day simple moving average (SMA 50) of $6.92 and a 200-day simple moving average (SMA200) of $27.97.
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The stock witnessed a 10.17% loss in the last 1 month and extending the period to 3 months gives it a 29.63%, and is -0.61% down 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 2.27% over the week and 2.95% over the month.
Entegris Inc (ENTG) has around 8000 employees, a market worth around $20.21B and $3.52B in sales. Current P/E ratio is 112.82 and Fwd P/E is 29.33. Profit margin for the company is 5.13%. Distance from 52-week low is 93.69% and -4.10% from its 52-week high. The company has generated returns on investments over the last 12 months (2.24%).
Entegris Inc quarterly earnings per share for the current quarter are estimated at $0.62 with sales reaching $786.56M over the same period.The EPS is expected to grow by 26.89% this year, but quarterly earnings will post -0.70% year-over-year. Quarterly sales are estimated to shrink -14.70% in year-over-year returns.
738 institutions hold shares in Entegris Inc (ENTG), with institutional investors hold 105.28% of the company’s shares. The shares outstanding are 150.36M, and float is at 149.47M with Short Float at 3.41%. Institutions hold 104.86% 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 3 insider transactions have happened at Entegris Inc (ENTG) in the last six months, with sales accounting for 3 and purchases happening 0 times. The most recent transaction is an insider sale by Sauer Michael, the company’s VP, Controller & CAO. SEC filings show that Sauer Michael sold 1,897 shares of the company’s common stock on Feb 21 at a price of $132.54 per share for a total of $0.25 million. Following the sale, the insider now owns 1779.0 shares.
Entegris Inc disclosed in a document filed with the SEC on Feb 20 that Besnard Michael (SVP, Chief Commercial Officer) sold a total of 12,667 shares of the company’s common stock. The trade occurred on Feb 20 and was made at $135.78 per share for $1.72 million. Following the transaction, the insider now directly holds 10213.0 shares of the ENTG stock.
Still, SEC filings show that on Feb 20, Richards Neil (SVP, GOSCQ) disposed off 330 shares at an average price of $136.81 for $45147.0. The insider now directly holds 20,744 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 239.33% up over the past 12 months.Broadcom Inc. (AVGO) lies in the list of competitors of the Entegris Inc and is 117.24% higher over the same period from ENTGQualcomm Inc. (QCOM) is 27.48% up on the 1-year trading charts.
