Alert: Negative Fundamental Signals (9/3/24)-Entegris Inc (NASDAQ: ENTG)

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Extremely significant negative changes in Entegris Inc (NASDAQ: ENTG) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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 D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Entegris has a neutral Power Rating of 48 and a slightly negative Appreciation Score of 32, and the Negative Value Trend Rating results.

Recent Price Action

Entegris Inc (NASDAQ: ENTG) stock closed at $108.31 on 9/3/24 after a large decline of -6.5%. Moreover, unusually high trading volume at 178% of normal accompanied the decline. The stock has declined -6.9% during the last week and has performed in line with the market over the last nine months.

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