Citigroup has recently raised Entegris Inc (ENTG) stock to Buy rating, as announced on September 16, 2024, according to Finviz. Earlier, on August 1, 2024, Seaport Research Partners had raised the stock from a Neutral to Buy, setting a price target of $150. Mizuho also raised Outperform rating with a price target of $143. Additionally, Wolfe Research initiated Outperform rating on March 1, 2024, with a target price of $160. Mizuho analysts, in their report published on February 20, 2024, also reduced Neutral rating and set a price target of $140 for Entegris Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Entegris Inc (ENTG) Stock Trading Recap
On Monday, Entegris Inc (ENTG) stock saw a modest uptick, ending the day at $72.85 which represents a slight increase of $3.13 or 4.49% from the prior close of $69.72. The stock opened at $72.8 and touched a low of $71.03 during the day, reaching a high of $74.57. The volume of shares traded was 2.81 million falling short of the average volume of 3.50 million.
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ENTG Stock Performance and Moving Averages
In recent trading, Entegris Inc (ENTG) stock price has shown some volatility, fluctuating 8.99% over the last five trades and -25.94% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -32.59%, and it has plunged by -25.86% in the previous three months. Currently, ENTG is trading at -13.21%, -23.30%, and -31.84% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ENTG, a Technology sector stock, is trading -50.63% below its 52-week high but remains 19.92% above its 52-week low. The Average True Range (ATR) (14 days) of 6.72 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Entegris Inc’s Profitability and Valuation Ratios
Entegris Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 17.85% and a profit margin of 9.03%, with a gross margin of -32.59%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Entegris Inc’s market capitalization stands at $11.02 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 37.79, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.19. Additionally, the Price-to-Sales Ratio is 3.40, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.98, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.32% of Entegris Inc (ENTG)’s shares, while financial institutions hold 104.05%.
Notable insider trades include Blachier Olivier, SVP, Chief Strategy Officer at Entegris Inc (ENTG), who sold 984 shares on Feb 21 ’25, at $108.00 each, totaling $0.11 million. On Feb 10 ’25, Haris Clinton M., SVP & President, APS Division, sold 12,652 shares for $106.92 each, amounting to $1.35 million. Additionally, on Jul 11 ’24, Woodland Daniel D. sold 15,000 shares at $145.00 each, generating $2.18 million.
