With 4.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.99 million shares. The 52-week range on ENTG shows that it touched its highest point at $147.57 and its lowest point at $60.75 during that stretch. It currently has a 1-year price target of $99.78. With its current market cap of 10.87 billion, ENTG has annualized dividend of $0.40 while the current yield stands at 0.56%. Beta for the stock currently stands at 1.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ENTG was down-trending over the past week, with a drop of -4.16%, but this was down by -13.91% over a month. Three-month performance dropped to -26.99% while six-month performance fell -31.58%. The stock lost -44.82% in the past year, while it has lost -27.51% so far this year. A look at the trailing 12-month EPS for ENTG yields 2.04 with Next year EPS estimates of 3.76. For the next quarter, that number is 0.62. This implies an EPS growth rate of -3.66% for this year and 30.24% for next year. EPS is expected to grow by 13.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.66%.
Float and Shares Shorts:
At present, 151.30 million ENTG shares are outstanding with a float of 149.46 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ENTG since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.95152 being high and $2.9215 being low. For ENTG, this leads to a yearly average estimate of $2.94151. Based on analyst estimates, the high estimate for the next quarter is $0.84 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.74.
