Entegris Inc (NASDAQ: ENTG) has reported earnings for its third fiscal quarter (ending September 30) of $0.22 versus a loss $-0.50 for the same period a year ago. Relative to the consensus estimate of $0.61, this was a shortfall of $-0.38. E.P.S. were $1.34 for the latest four quarters through September 30 versus $1.95 for the same period a year ago — a decline of -31%.
Recent Price Action
On 11/2/23, Entegris Inc (NASDAQ: ENTG) stock suffered a large decline of -3.5%, closing at $85.71. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ENTG is expected to continue to be a Value Builder.
Entegris has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Entegris has a neutral Appreciation Score of 57 but a very high Power Rating of 87, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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