Alert: New Earnings Report (7/31/24)-Entegris Inc (NASDAQ: ENTG).

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Entegris Inc (NASDAQ: ENTG) has reported E.P.S. of $0.45 for its second fiscal quarter (ending June 30) versus $1.32 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $1.22 compared to $0.62 a year ago.

Recent Price Action

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On 7/31/24, Entegris Inc (NASDAQ: ENTG) stock declined by -3.4%, closing at $118.29. Moreover, trading volume in this decline was exceptionally high at 328% of normal. The stock has declined -10.0% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, ENTG is expected to continue to be an important Value Builder.

Entegris has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Entegris has a slightly negative Appreciation Score of 31 but a good Power Rating of 82, producing the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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