In the last trading session, 2.81 million shares of the Entegris Inc (NASDAQ:ENTG) were traded, and its beta was 1.38. Most recently the company’s share price was $72.85, and it changed around $3.13 or 4.49% from the last close, which brings the market valuation of the company to $11.02B. ENTG currently trades at a discount to its 52-week high of $147.57, offering almost -102.57% off that amount. The share price’s 52-week low was $60.75, which indicates that the current value has risen by an impressive 16.61% since then. We note from Entegris Inc’s average daily trading volume that its 10-day average is 5.55 million shares, with the 3-month average coming to 3.50 million.
Entegris Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended ENTG as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Entegris Inc is expected to report earnings per share of 0.68 for the current quarter.
Entegris Inc (NASDAQ:ENTG) trade information
Instantly ENTG has showed a green trend with a performance of 4.49% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 79.40 on recent trading dayincreased the stock’s daily price by 8.25%. The company’s shares are currently down -26.46% year-to-date, but still up 8.99% over the last five days. On the other hand, Entegris Inc (NASDAQ:ENTG) is -25.94% down in the 30-day period. We can see from the shorts that 10.79 million shares have been sold at a short interest cover period of 2.67 day(s).
The consensus price target as assigned by Wall Street analysts is $135, which translates to bulls needing to increase their stock price by 46.04% from its current value. Analyst projections state that ENTG is forecast to be at a low of $120 and a high of $154.
Entegris Inc (ENTG) estimates and forecasts
The year-over-year growth rate is expected to be 5.05%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 790.62M in revenue for the current quarter. 8 analysts expect Entegris Inc to make 829.64M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 771.02M and 812.65M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.54%. Forecasts for the next quarter put sales growth at 2.09%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.66%. Entegris Inc earnings are expected to increase by 9.88% in 2025, but the outlook is positive 17.67% per year for the next five years.
ENTG Dividends
Entegris Inc’s next quarterly earnings report is expected to be released on 2025-Feb-05. The annual dividend yield of the stock is 0.55 percent and its annual dividend per share was 0.40. It is important to note, however, that the 0.55% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.37 per year.
Entegris Inc (NASDAQ:ENTG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.28% of Entegris Inc shares, and 106.75% of them are in the hands of institutional investors. The stock currently has a share float of 107.06%. Entegris Inc stock is held by 802.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 10.7231% of the shares, which is about 16.17 million shares worth $2.19 billion.
VANGUARD GROUP INC, with 9.8519% or 14.86 million shares worth $2.01 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
