Entegris Stock Beta
ENTG Stock | USD 130.22 1.43 1.11% |
Entegris fundamentals help investors to digest information that contributes to Entegris' financial success or failures. It also enables traders to predict the movement of Entegris Stock. The fundamental analysis module provides a way to measure Entegris' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Entegris stock.
Entegris | Beta |
Entegris Company Beta Analysis
Entegris' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Entegris Beta | 1.31 |
Most of Entegris' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Entegris is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Entegris Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Entegris is extremely important. It helps to project a fair market value of Entegris Stock properly, considering its historical fundamentals such as Beta. Since Entegris' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Entegris' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Entegris' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Entegris has a Beta of 1.307. This is 23.3% higher than that of the Semiconductors & Semiconductor Equipment sector and 17.75% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Entegris Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entegris' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Entegris could also be used in its relative valuation, which is a method of valuing Entegris by comparing valuation metrics of similar companies.Entegris is currently under evaluation in beta category among related companies.
Entegris ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Entegris' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Entegris' managers, analysts, and investors.Environmental | Governance | Social |
Entegris Institutional Holders
Institutional Holdings refers to the ownership stake in Entegris that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Entegris' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Entegris' value.Shares | Alliancebernstein L.p. | 2023-12-31 | 2.7 M | Cantillon Capital Management Llc | 2023-12-31 | 2.6 M | Geode Capital Management, Llc | 2023-12-31 | 2.4 M | Norges Bank | 2023-12-31 | 2.3 M | Amvescap Plc. | 2023-12-31 | 2 M | T. Rowe Price Investment Management,inc. | 2023-12-31 | 1.8 M | Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | Bnp Paribas Investment Partners Sa | 2023-12-31 | 1.8 M | Southpoint Capital Advisors Lp | 2023-12-31 | 1.8 M | Vanguard Group Inc | 2023-12-31 | 14.6 M | Blackrock Inc | 2023-12-31 | 14.5 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Entegris will likely underperform.
Entegris Fundamentals
Return On Equity | 0.0952 | ||||
Return On Asset | 0.0341 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.16 % | ||||
Current Valuation | 23.72 B | ||||
Shares Outstanding | 150.79 M | ||||
Shares Owned By Insiders | 0.33 % | ||||
Shares Owned By Institutions | 99.67 % | ||||
Number Of Shares Shorted | 4.71 M | ||||
Price To Earning | 31.07 X | ||||
Price To Book | 5.87 X | ||||
Price To Sales | 5.68 X | ||||
Revenue | 3.52 B | ||||
Gross Profit | 1.4 B | ||||
EBITDA | 881.7 M | ||||
Net Income | 180.67 M | ||||
Cash And Equivalents | 252.95 M | ||||
Cash Per Share | 1.70 X | ||||
Total Debt | 4.65 B | ||||
Debt To Equity | 1.81 % | ||||
Current Ratio | 9.86 X | ||||
Book Value Per Share | 22.75 X | ||||
Cash Flow From Operations | 629.56 M | ||||
Short Ratio | 3.70 X | ||||
Earnings Per Share | 2.09 X | ||||
Price To Earnings To Growth | 1.58 X | ||||
Target Price | 147.12 | ||||
Number Of Employees | 8 K | ||||
Beta | 1.31 | ||||
Market Capitalization | 19.84 B | ||||
Total Asset | 8.81 B | ||||
Retained Earnings | 1.15 B | ||||
Working Capital | 1.46 B | ||||
Current Asset | 708.79 M | ||||
Current Liabilities | 175.55 M | ||||
Annual Yield | 0 % | ||||
Five Year Return | 0.50 % | ||||
Net Asset | 8.81 B | ||||
Last Dividend Paid | 0.4 |
About Entegris Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Entegris's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entegris using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entegris based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Entegris Investors Sentiment
The influence of Entegris' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Entegris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Entegris' public news can be used to forecast risks associated with an investment in Entegris. The trend in average sentiment can be used to explain how an investor holding Entegris can time the market purely based on public headlines and social activities around Entegris. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Entegris' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Entegris' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Entegris' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Entegris.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Entegris in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Entegris' short interest history, or implied volatility extrapolated from Entegris options trading.
Pair Trading with Entegris
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entegris position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entegris will appreciate offsetting losses from the drop in the long position's value.Moving together with Entegris Stock
0.7 | IT | Gartner | PairCorr |
Moving against Entegris Stock
0.59 | MRIN | Marin Software | PairCorr |
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The ability to find closely correlated positions to Entegris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entegris when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entegris - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entegris to buy it.
The correlation of Entegris is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entegris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entegris moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entegris can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Entegris Piotroski F Score and Entegris Altman Z Score analysis. For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Entegris Stock analysis
When running Entegris' price analysis, check to measure Entegris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entegris is operating at the current time. Most of Entegris' value examination focuses on studying past and present price action to predict the probability of Entegris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entegris' price. Additionally, you may evaluate how the addition of Entegris to your portfolios can decrease your overall portfolio volatility.
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Is Entegris' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Entegris. If investors know Entegris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Entegris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.4 | Earnings Share 2.09 | Revenue Per Share 22.457 | Quarterly Revenue Growth (0.16) |
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Entegris' market value can be influenced by many factors that don't directly affect Entegris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.