Entegris Inc (NASDAQ: ENTG) is 16.32% higher on its value in year-to-date trading and has touched a low of $69.37 and a high of $146.91 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 $140.01 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $139.37, the stock is 3.70% and 12.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.46% at the moment leaves the stock 30.05% off its SMA200. ENTG registered 68.85% gain for a year compared to 6-month gain of 44.98%. The firm has a 50-day simple moving average (SMA 50) of $7.14 and a 200-day simple moving average (SMA200) of $28.83.
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
The stock witnessed a 11.72% loss in the last 1 month and extending the period to 3 months gives it a 31.23%, and is -0.68% 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 3.83% over the week and 3.15% over the month.
Entegris Inc (ENTG) has around 8000 employees, a market worth around $20.96B and $3.52B in sales. Current P/E ratio is 117.03 and Fwd P/E is 30.66. Profit margin for the company is 5.13%. Distance from 52-week low is 100.91% and -5.13% 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 $776.81M over the same period.The EPS is expected to grow by 25.78% this year, but quarterly earnings will post -2.50% year-over-year. Quarterly sales are estimated to shrink -15.80% in year-over-year returns.
Entegris Inc (ENTG) Top Institutional Holders
745 institutions hold shares in Entegris Inc (ENTG), with institutional investors hold 105.29% 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 104.89% 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
The most recent transaction is an insider sale by GENTILCORE JAMES,the company’sDirector. SEC filings show that GENTILCORE JAMES sold 2,567 shares of the company’s common stock on Mar 07 ’24 at a price of $145.03 per share for a total of $0.37 million. Following the sale, the insider now owns 13967.0 shares.
Entegris Inc disclosed in a document filed with the SEC on Feb 21 ’24 that Sauer Michael (VP, Controller & CAO) sold a total of 1,897 shares of the company’s common stock. The trade occurred on Feb 21 ’24 and was made at $132.54 per share for $0.25 million. Following the transaction, the insider now directly holds 1779.0 shares of the ENTG stock.
Still, SEC filings show that on Feb 20 ’24, Besnard Michael (SVP, Chief Commercial Officer) disposed off 12,667 shares at an average price of $135.78 for $1.72 million. The insider now directly holds 10,213 shares of Entegris Inc (ENTG).
