Entegris Inc (NASDAQ:ENTG) shares traded -1.67% lower at $77.08 on Wall Street last session.
ENTG stock price is now -9.52% away from the 50-day moving average and -24.17% away from the 200-day moving average. The market capitalization of the company currently stands at $11.66B.
With the price target enhanced from $119 to $130, Citigroup Upgraded its rating from Neutral to Buy for Entegris Inc (NASDAQ: ENTG). On August 01, 2024, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $150, while ‘Mizuho’ rates the stock as ‘Outperform’
In other news, Blachier Olivier, SVP, Chief Strategy Officer sold 984 shares of the company’s stock on Feb 21 ’25. The stock was sold for $106,272 at an average price of $108.00. Upon completion of the transaction, the SVP, Chief Strategy Officer now directly owns 10,903 shares in the company, valued at $0.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, Officer Blachier Olivier bought 984 shares of the business’s stock. A total of $106,272 was incurred on buying the stock at an average price of $108.00. A total of 1.26% of the company’s stock is owned by insiders.
During the past 12 months, Entegris Inc has had a low of $60.75 and a high of $147.57. As of last week, the company has a debt-to-equity ratio of 1.08, a current ratio of 3.26, and a quick ratio of 1.95.
The net profit margin was 9.57% and return on equity was 8.65% for ENTG. The company reported revenue of $773.2 million for the quarter, compared to $771.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.29 percent. For the current quarter, analysts expect ENTG to generate $761.59M in revenue.
