Entegris Inc. (NASDAQ:ENTG) has a beta value of 1.22 and has seen 0.39 million shares traded in the last trading session. The company, currently valued at $16.42B, closed the last trade at $121.81 per share which meant it gained $0.74 on the day or 0.61% during that session. The ENTG stock price is -3.78% off its 52-week high price of $126.41 and 48.68% above the 52-week low of $62.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.54 million shares traded. The 3-month trading volume is 663.58K shares.
The consensus among analysts is that Entegris Inc. (ENTG) is an Overweight stock at the moment, with a recommendation rating of 2.10. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 5 out of 12 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.87.
Entegris Inc. (NASDAQ:ENTG) trade information
Sporting 0.61% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the ENTG stock price touched $121.81 or saw a rise of 0.41%. Year-to-date, Entegris Inc. shares have moved 26.75%, while the 5-day performance has seen it change 1.45%. Over the past 30 days, the shares of Entegris Inc. (NASDAQ:ENTG) have changed -0.12%. Short interest in the company has seen 1.59 million shares shorted with days to cover at 2.14.
Wall Street analysts have a consensus price target for the stock at $133.00, which means that the shares’ value could jump 8.41% from current levels. The projected low price target is $115.00 while the price target rests at a high of $145.00. In that case, then, we find that the current price level is -19.04% off the targeted high while a plunge would see the stock lose 5.59% from current levels.
Entegris Inc. (ENTG) estimates and forecasts
Figures show that Entegris Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 29.60% over the past 6 months, with this year growth rate of 30.71%, compared to 46.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 29.90% and 28.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be 21.90%.
9 analysts offering their estimates for the company have set an average revenue estimate of $580.35 million for the current quarter. 9 have an estimated revenue figure of $597.16 million for the next quarter concluding in Dec 2021. Year-ago sales stood $461.78 million and $517.59 million respectively for this quarter and the next, and analysts expect sales will grow by 25.70% for the current quarter and 15.40% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 30.60% over the past 5 years. Earnings growth for 2021 is a modest 16.00% while over the next 5 years, the company’s earnings are expected to increase by 17.95%.
Entegris Inc. is expected to release its next earnings report between October 20 and October 25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.32 at a share yield of 0.26%. The company’s dividend yield has gone up over the past 12 months.
Entegris Inc. (NASDAQ:ENTG)’s Major holders
Insiders own 0.81% of the company shares, while shares held by institutions stand at 98.41% with a share float percentage of 99.21%. Investors are also buoyed by the number of investors in a company, with Entegris Inc. having a total of 558 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 15.76 million shares worth more than $1.76 billion. As of Mar 30, 2021, Price (T.Rowe) Associates Inc held 11.63% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 12.88 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $1.44 billion and represent 9.50% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Blackrock Funds-Mid-Cap Growth Equity Portfolio. As of Mar 30, 2021, the former fund manager holds about 2.81% shares in the company for having 3.81 million shares of worth $425.69 million while later fund manager owns 3.61 million shares of worth $413.1 million as of May 30, 2021, which makes it owner of about 2.66% of company’s outstanding stock.