Market Recap Check: Entegris Inc (ENTG)’s Negative Finish at 133.45, Up/Down -2.31

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The price of Entegris Inc (NASDAQ: ENTG) closed at $133.45 in the last session, down -2.31% from day before closing price of $136.61. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 1.21 million shares were traded. ENTG stock price reached its highest trading level at $142.3 during the session, while it also had its lowest trading level at $136.17.

Ratios:

We take a closer look at ENTG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 85.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 3.35. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.24.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on March 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $160.

On February 20, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $140.

Craig Hallum Upgraded its Hold to Buy on February 15, 2024, while the target price for the stock was maintained at $150.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 31 ’24 when Haris Clinton M. sold 5,005 shares for $124.74 per share. The transaction valued at 624,324 led to the insider holds 34,600 shares of the business.

O’Neill James Anthony sold 6,761 shares of ENTG for $902,594 on May 23 ’24. The SVP & CTO now owns 13,652 shares after completing the transaction at $133.50 per share. On May 16 ’24, another insider, Blachier Olivier, who serves as the SVP, Chief Strategy Officer of the company, sold 1,986 shares for $133.84 each. As a result, the insider received 265,806 and left with 12,356 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENTG now has a Market Capitalization of 21213278208 and an Enterprise Value of 25100134400. As of this moment, Entegris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.18, and their Forward P/E ratio for the next fiscal year is 29.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.97 while its Price-to-Book (P/B) ratio in mrq is 5.87. Its current Enterprise Value per Revenue stands at 7.442 whereas that against EBITDA is 28.485.

Stock Price History:

Over the past 52 weeks, ENTG has reached a high of $146.91, while it has fallen to a 52-week low of $84.12. The 50-Day Moving Average of the stock is 1.56%, while the 200-Day Moving Average is calculated to be 12.25%.

Shares Statistics:

According to the various share statistics, ENTG traded on average about 1.36M shares per day over the past 3-months and 1668700 shares per day over the past 10 days. A total of 150.36M shares are outstanding, with a floating share count of 150.04M. Insiders hold about 0.50% of the company’s shares, while institutions hold 102.36% stake in the company. Shares short for ENTG as of 1718323200 were 4589058 with a Short Ratio of 3.37, compared to 1715731200 on 4326618. Therefore, it implies a Short% of Shares Outstanding of 4589058 and a Short% of Float of 3.05.

Dividends & Splits

The forward annual dividend rate for ENTG is 0.40, which was 0.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0029280432The stock’s 5-year Average Dividend Yield is 0.41.

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