Entegris Inc. (NASDAQ:ENTG) went down by -2.95% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Semiconductor Equipment & Materials giant went up by $58.89 to trade ended Wednesday trading at $60.68. This is down from the $60.68 price recorded on Tuesday’s trading session. Thanks to this latest performance, ENTG is closer to the higher price 52-week target of $70.00 and further from the lowest price target of $58.00. Its performance from the start of the year has also been positive, with ENTG up by 17.57% year-to-date.
Entegris Inc. (ENTG) started the day trading at $60.14 and recorded an intraday high of $60.89. It also recorded an intraday low of $58.5501 during Wednesday’s trading session. Entegris Inc. is a very active stock that recorded a trading volume that is more than 0.71% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 958685, which is more than 0.71 of the total average daily trading volume of 951.87K.
Entegris Inc. (NASDAQ:ENTG) 2020 Performance Impressive
The increase in ENTG’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ENTG currently stands at $64.90, which is higher than the current trading price of the stock by 9.26%. However, ENTG’s current trading price is -68.26% lower than the 52-week low price of $35.00. In terms of trading volume, Entegris Inc. currently experienced healthy participation during the last trading session. 958685 shares of Entegris Inc. were traded on the stock exchange on Wednesday, which is more than 0.71% of the 951.87K average trading volume of the stock.
The performance of the stock has been positive over the past year. ENTG’s performance over the past one year has seen it surge by 57.42%, while the stock has gone up by 15.00% in the last six months. The quarterly performance of ENTG currently stands at 33.72%, and it is down by -0.72% in the last month. The only negative figure was from the weekly performance, which currently reads -6.09%. At the time of writing ENTG’s report, the company has a total market cap of $8.18B, making it one of the largest publicly-traded companies in the world.Entegris Inc. also has over 5300 employees all over the world.
ENTG Insider Activities
The insider transactions over the past six months are up by 53.90%.For Entegris Inc. insiders bought 484,226 shares in 40 transactions. In that same period, insiders sold 464,662 of their shares in 52 transactions. After these transactions, insiders at Entegris Inc. now hold 1.12M shares, which is over 102.18% of the total company stocks. Institutional investors currently hold a large chunk of the ENTG shares, as they control 0.83% of the company’s total stock.
ENTG Fundamental Analysis
For Entegris Inc., the stock’s diluted earnings per share (EPS) stands at 2.08. In the coming year, analysts expect the EPS to be 2.38. The EPS growth will up over the next five years to 17.09% after surging by 101.40% in the previous five years. In terms of revenue, Entegris Inc.’s quarterly sales (YOY) is growing at 0.49, which is lower than the average annual revenue of 101.40% over the past half a decade.
The Return on Investment (ROI) on Entegris Inc.’s stock currently stands at 14.20%, and it has a net profit margin of 17.60%. The operating margin of the company is 24.50%, and its gross margin is 44.60%.
ENTG Analysts Prediction
In March 23, 2020, several analysts reiterated their positions on the Entegris Inc. stock and predicted its performance to their investors. The analysts at Citigroup believe ENTG is still a Buy and set the price target between $61 and $50. and Citigroup reiterate their Neutral position on the stock ($40 and $42).
Berenberg and Stifel also believe that Entegris Inc.’s stock is outperforming at the moment.
At the moment, Entegris Inc.’s Total Debt to Equity ratio stands at 0.92, and they have a long-term Debt to Equity ratio of 0.92.
ENTG Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ENTG currently stands at -3.42%, while the SMA50 is 3.80%. The biggest one is the SMA200, which is currently reading 14.82% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 48.00, while its price to earnings ratio (P/E) is 28.35.
