Market Recap: Entegris Inc (ENTG)’s Negative Momentum, Closing at 140.65

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The closing price of Entegris Inc (NASDAQ: ENTG) was $140.65 for the day, down -2.17% from the previous closing price of $143.77. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 2.07 million shares were traded. ENTG stock price reached its highest trading level at $145.45 during the session, while it also had its lowest trading level at $140.44.

Ratios:

Our analysis of ENTG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 62.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 90.10. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 03 ’24 when LOY BERTRAND sold 27,044 shares for $140.63 per share. The transaction valued at 3,803,149 led to the insider holds 263,068 shares of the business.

Woodland Daniel D. sold 15,000 shares of ENTG for $2,100,000 on Jul 03 ’24. The President, APS Division now owns 37,457 shares after completing the transaction at $140.00 per share. On May 31 ’24, another insider, Haris Clinton M., who serves as the SVP & President, MC Division of the company, sold 5,005 shares for $124.74 each. As a result, the insider received 624,324 and left with 34,600 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 21208754176 and an Enterprise Value of 25095610368. As of this moment, Entegris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.65, and their Forward P/E ratio for the next fiscal year is 31.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.29 while its Price-to-Book (P/B) ratio in mrq is 6.18. Its current Enterprise Value per Revenue stands at 7.441 whereas that against EBITDA is 28.48.

Stock Price History:

The Beta on a monthly basis for ENTG is 1.24, which has changed by 0.30667043 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. 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 5.97%, while the 200-Day Moving Average is calculated to be 17.09%.

Shares Statistics:

ENTG traded an average of 1.37M shares per day over the past three months and 1643740 shares per day over the past ten 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 102.32% stake in the company. Shares short for ENTG as of 1718323200 were 4589058 with a Short Ratio of 3.23, 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

With its trailing 12-month dividend rate of 0.4, ENTG has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.0027822217The stock’s 5-year Average Dividend Yield is 0.41.

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